Infor SunSystems has a well-established reputation as a world-class integrated financial management solution designed to meet the complex financial operations in multinational enterprises and fast-growing companies. In today's article, we will take a look at a specific function that is vital to any accounting function - Order Fulfilment Management.
Infor Ming.le is a comprehensive platform for social collaboration, business process improvement and contextual analytics. Its innovative social media concept enables an employee to work more effectively as it combines social communication and business processes. The major difference between Infor Ming.le and other information sharing technologies is Ming.le is fully embedded with the organisations main systems, for example, ERP and accounting software.
Despite its complexity, financial consolidation - the process of combinining and normalising financial data from different business units (entities) - is often still being performed by outdated tools. This problem is compounded by the fact that CFOs are facing growing reporting and compliance requirements on a global scale.
In previous blog posts, we have discussed about why workflow automation software is a worthwhile investment as it frees up human resources, increases efficiency, reduces errors in both information gathering and overall processes, and reduces your overall costs.
As we have explained in earlier blog posts, proper document management is a challenging but worthwhile practice. However, if you have decided to invest in a document management system (DMS), a whole new problem arises – Which one do you choose and what does such a system even need?
A typical finance professional spends the majority of his or her time collecting, validating, and administering data, leaving a tiny window for value-added analysis. CFOs demand forecasts to be accurate, timely, and relevant. Yet, the finance department struggles to satisfy such request.
In his keynote at Inforum 2019, Infor CEO Kevin Samuelson reconfirmed the company’s commitment to delivering on-time and on-budget projects. Go-lives should not be the destination but the starting line where business problems get solved and values get created. How are Infor and its partners going to achieve that?
Topics: Technology trends
Many businesses today are still relying on paper registers, massive spreadsheets and human resources to manage a lot of workflows in their business. Operations such as inventory reporting, sales approval and customer experiences that are managed manually will often result in many bottlenecks as operations become backlogged because of the sheer amount of data that needs to be catalogued and processes that need to be done. As a result of this, data is often lost or incomplete, and productivity and efficiency is reduced.
Businesses across all industries have two things in common: they utilise documents and they create a lot of them. Documents are used for everything from sales reports to product development and end up being stored in all sorts of places, both digitally and physically.