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 system due to:
In a study conducted on 3000 accountants worldwide by Sage People in 2018, 67 per cent of the accountants stated that they "have their heads in the cloud"; more than half of the respondents have already adopted cloud-based solutions. As cloud computing is becoming more mainstream, early adopters are now reaping their benefits. It is time for your accounting function to be transformed digitally.
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.
Over the years the Beyond Budgeting movement has made it much more obvious that businesses should rethink budgeting; how the process works and how it should be utilised. Nonetheless, this new management model is not for everyone despite its advantages. Here are 5 things you should consider before adopting beyond budgeting.
Running a team of more than 4,900 financial advisors serving 1.8 million accounts in more than 2,200 locations worldwide is no easy task. For Raymond James Financial - a Florida-based financial services company - managing their employees’ expenses is among the most challenging aspects of their business.
A budget is a quantified version of your strategic goals. Therefore, having a sound budget in place is instrumental in driving your profitability and also in averting any number of adverse consequences that may arise as your business grows.
Non-profit organisations operate in a vastly different way from for-profit companies. They do not put any product or service on sales but instead accept contributions in various forms (grants, donations, gifts, etc.) to fund their activities. As a result, having an accounting system in place that allows the organisation and their contributors to obtain complete visibility of the entire business performance is utmost important.