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Then you need a Corporate Financial Management (CFM) solution specifically designed for strategically minded CFOs. This is an integrated financial system that enables you to play an increasingly critical role within your company – one that gives you the high-impact planning and forecasting capabilities necessary to be an effective advisor to your leadership team.
Such powerful capabilities can even turn finance into a source of competitive differentiation.
But this isn’t the case in most companies. Too many finance executives have been hamstrung and held back by excessively complex, expensive and proprietary financial software solutions. They have fragmented financial systems and siloed sources of data. They suffer from an inability to forecast, plan and budget in today’s dynamic yet hypercompetitive global markets.
This is where we excel…
Infor: Delivering Financial Excellence
Infor™ delivers fully integrated enterprise solutions for a wide range of industries, as well as best-in-class, stand-alone products that address the essential challenges our customers face in areas such as enterprise resource planning, supply chain planning and execution, customer and supplier relationship management, asset management and product life cycle management. With more than 70,000 customers, we are the world’s third-largest provider of enterprise software solutions.
Through our Corporate Financial Management solutions, Infor elevates financial decision makers to a strategic position within their organizations. We not only address core financials, but strategic financials as well.
That means we provide a unified environment for foundational applications such as general ledger, accounts pay-
able and receivable, cash management, asset accounting and compliance. And we integrate them with advanced and extended CFM applications that support performance management (PM).
PM is particularly critical to the CFO focused on strategically investing resources, enhancing operational effectiveness and capitalizing on growth
opportunities. Infor addresses these objectives through a comprehensive
range of PM capabilities. Through our
CFM and PM solutions, we enable CFOs
to rapidly generate clear business value. We help finance organizations address challenges such as:
- Compliance – knowing exactly what the numbers are and where they came from;
- Standardization – reducing the risk of having wrong numbers, while saving money via system consolidation;
- Leveraging existing infrastructure –
achieving tighter integration with
applications and realizing lower total cost of ownership;
- Providing access to relevant data –
gaining visibility across operational
and financial sources and encouraging cross-department collaboration; and
- Process integration – driving performance management into enterprise applications to deliver more real-time, granular and context-rich analytical capabilities.
As finance organizations strengthen their core and strategic capabilities, they become much more effective participants in the design, support and budgeting of key performance initiatives – impacting top-line growth through critical performance enhancements.
Infor’s Performance Management Portfolio
The Infor PM portfolio enables companies of all sizes to better monitor, measure and manage their business. It delivers key solutions to help organizations identify their true business success drivers, formulate effective strategies, align actions and resources with plans, proactively monitor and analyze business processes and results, control employee-initiated expenses and collaborate across the
organization. The suite encompasses three components:
- Infor PM Business Process Applications – includes feature-rich solutions for strategic management, planning, budgeting, forecasting, financial consolidation and financial reporting.
- Infor PM Business Specific Analytics – allows organizations to monitor key business-specific performance indicators, based on roles and vertical industries, in real time to support effective decision making.
- Infor Expense Management – provides capabilities to help companies gain control of corporatewide, expense-related processes including travel planning, expense reporting and reimbursement, vendor payment requests, and time capture and billing.
Infor’s focus is on further developing significant “value add” from the Infor PM portfolio. Value add refers to those components that leverage the Infor PM set of tools to provide out-of-the-box value for Infor customers, such as:
- Role-specific analytical applications and dashboards by industry;
- Connectivity to Infor ERP, financials and other enterprise applications;
- Integration with the security components of these systems;
- Standard reports, cubes, metrics and KPIs;
- Business views of data for easy content
creation;
- Drill-back capabilities from a client to an Infor enterprise application; and
- Extraction scripts to capture data from an Infor enterprise application or ERP system and populate a data mart or cube.
Our customer-first strategy and our Infor
open service-oriented architecture (SOA) approach to technology describe how we intend to add value for our customers now
and in the future.
Customer-First Product Strategy
To serve the needs of our 70,000 customers worldwide, Infor has a customer-first philosophy built on a powerful combination of people, products and processes. Our experts understand the needs of customers and, with Infor’s extensive offering of products, we can deliver business value that customers require. Infor’s streamlined processes ensure that this value is delivered in ways that customers will benefit from quickly. This commitment and customer focus form the foundation of the Infor product development strategy.
The Infor customer-first product strategy is a comprehensive approach based on three key objectives: enriching the value of our customers’ current investment in Infor solutions; extending the core ERP applications with best-in-class strategic solutions; and evolving the Infor product line to produce next-generation solutions.
Service-Oriented Architecture
At the core of our enrich, extend and evolve product strategy is Infor Open SOA, which is redefining the way software is used to achieve faster and greater business value. With Infor Open SOA, companies can more easily adapt
to change because their software can be reconfigured by a business analyst without having
to change core packaged software.
Infor Open SOA is being integrated into
all aspects of our solutions, providing the
blueprint for delivering next-generation business value from every new product development initiative. Infor Open SOA enables businesses of all sizes to derive SOA benefits with reduced complexity. It can play a major role in helping companies of all sizes grow and become more competitive.
Service-enabling Infor applications allow companies to derive value by plugging in new modules more easily or writing more specific functionality such as that focused on vertical industry requirements. This could be adding a new tax module to meet a new local legal requirement or, at a higher level, it could be a more substantial change such as adding a new warehouse management solution to an existing IT environment. Infor will use service enablement to provide out-of-the-box integrations that are more flexible and reduce deployment costs.
The Bottom Line:
Making Finance Strategic
Given the accelerating speed, intensifying global competition and demanding regulatory requirements now faced by today’s CFO, it’s critical to have fast, dynamic, forward-looking management systems. Enterprising companies are turning to Infor to obtain such solutions.
Infor’s Corporate Financial Management systems are integrated, transparent, collaborative, automated and open. They help organizations align corporate strategy with operational plans and results, adapt to change, comply confidently with regulatory requirements, identify and manage risks, make fact-based decisions in real time, decrease business cycle times and maximize existing technology investments and knowledge. In short, CFM enables enterprises to capitalize on the promise of performance management. The bottom line is a more valuable business.
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