Infor Global Solutions: Finance

Infor Global Solutions provides comprehensive financial management software designed to streamline processes, enhance visibility, and improve decision-making for organizations of all sizes. Their solutions aim to modernize finance departments, moving them beyond traditional accounting to become strategic partners in driving business growth.

A core offering is the Infor Financials & Supply Management (FSM) suite, a cloud-based platform that integrates financial accounting, procurement, and supply chain management. This unified system delivers a single source of truth for financial data, enabling better control over spending, improved cash flow management, and more accurate reporting. Its modular design allows companies to implement only the functionalities they need, offering flexibility and scalability as their business evolves.

Infor’s financial solutions support a wide range of functionalities, including general ledger, accounts payable, accounts receivable, fixed asset management, budgeting, forecasting, and consolidation. By automating routine tasks and providing real-time insights, businesses can reduce manual errors, improve efficiency, and free up finance professionals to focus on strategic initiatives. Reporting capabilities are robust, allowing for the creation of customized reports and dashboards that provide a clear picture of financial performance. Advanced analytics further empower users to identify trends, predict future outcomes, and make data-driven decisions.

Beyond core financial accounting, Infor offers specialized solutions tailored to specific industries. For example, in the healthcare sector, Infor provides tools to manage complex reimbursement processes, track patient costs, and optimize supply chain operations. In manufacturing, Infor helps companies control inventory, manage production costs, and improve profitability. This industry-specific focus allows Infor to deliver solutions that are highly relevant and effective for its clients.

Cloud deployment is a key component of Infor’s strategy. Their cloud-based solutions offer numerous advantages, including lower upfront costs, reduced IT maintenance, and automatic updates. The cloud also facilitates collaboration and data sharing across different departments and locations. Security is a top priority, with Infor employing advanced measures to protect customer data. Furthermore, Infor leverages artificial intelligence (AI) and machine learning (ML) to automate tasks, improve forecasting accuracy, and identify potential risks.

In summary, Infor’s financial solutions empower businesses to transform their finance functions, improve operational efficiency, and gain a competitive edge. Their comprehensive suite of tools, industry-specific expertise, and commitment to innovation make them a valuable partner for organizations seeking to modernize their financial management processes.