As planning, budgeting and forecasting become indispensable strategic contributors, finance executives begin to realise the need to transform their rigid yearly financial planning by adopting more advanced (both on-premise and cloud-based) analytical tools. 71 per cent of organisations surveyed by FSN in 2017 has been able to reforecast more than twice a year, up from 56 per cent in the previous year, although the forecasting accuracy is still fairly low. 

Infor SunSystems 6.4 is not just a new version of the venerable accounting system, it represents a quantum leap in enterprise software. Fully packed with capabilities far beyond what a traditional financial management suite can deliver, Infor SunSystems 6.4 can be the catalyst for your business’ digital transformation. 

Hospitality faces unique challenges and has specific requirements, making conventional accounting systems unfit for this industry.  

Infor d/EPM is a fully integrated solution suite that is capable of automating your business’ financial management process, thereby eliminating the use of spreadsheets. It layers world-class in-context business intelligence, financial performance management, and risk and compliance monitoring, empowers you to drive your business performance more effectively.

Infor SunSystems 6.4 is one of the most prominent Infor’s products hosted in the cloud but you already knew that. What you may not have known is that SunSystems 6.4 is not just a new version of the venerable accounting software. In many ways, it represents a quantum leap in business solutions. Here are 7 interesting facts about SunSystems 6.4 to blow you away!

If you are reading this article, chances are, you are looking to upgrade your current accounting software due to: 

In a study conducted on 3000 accountants worldwide by Sage People in 2018, 67 per cent of the participants stated that they "have their heads in the cloud"; and more than half of them have already adopted cloud-based solutions. As cloud computing is becoming more mainstream, early adopters are now reaping its benefits. It is time for your accounting function to be transformed digitally with cloud accounting software. 

Infor Expense Management is a travel and entertainment expense management solution. It is a suite of four integrated application, (Expense Reports, Travel Plans, Payment Request, Timesheets), which we will discuss in-depth further in the blog. Infor Expense Management helps eliminate manual processes since supporting mobile usage and social collaboration and becoming available for both in the cloud or on-premise.

Setting up a budget can be challenging, and so is choosing the right budgeting method that best fits your business’ model and needs. In this article, we will shed light on the five most common approaches to budgeting, as well as their pros and cons. 

As you are well aware, expense management is an integral part of many businesses. This normally involves employee travel and entertainment expenses. Yet Aberdeen Report found that 53 per cent of businesses are still managing their travel expenses manually; gone should be days of manually reporting expenses. It is both a demanding and potentially risky process. All this time wasted, used energy and risk of resources can be regained with the use of cloud-based expense management systems.