FINANCIAL MANAGEMENT

Open Business Solutions > Solutions > Financial Management

Improving performance through integrated financial processes.

Enterprising finance and accounting organisations help drive company performance by efficiently handling a multitude of daily transactions, sharing valuable information hidden in transactional data, and adapting processes fluidly as business conditions and regulatory environments change.

Infor Financial Management System enables companies to integrate and streamline local and multinational financial management processes from end to end. By doing so, they achieve a reliable, apples-to-apples view of financial performance across the entire enterprise, as well as the flexibility and control necessary for adapting to the demands of even the most challenging business environment.

Corporate financial management solutions help companies like yours:

• Reduce transaction costs
• Shorten process cycle times
• Achieve data consistency
• Enforce global financial standards and processes
• Improve financial transparency

The scalability necessary to accommodate future growth and meet evolving compliance requirements is also provided. Solutions include:

• General Ledger - combines solid control with abundant analytical power.
• Accounts Receivable - provides comprehensive tools for credit, cash, and customer management in a timely manner with accurate, up-to-the-day information.
• Accounts Payable - automates payables processing functions and addresses issues such as approving invoices, processing payments, and integrating with purchasing and financial systems.
• BACS Payments – automate the payments to suppliers and employees.
• Purchasing - assures the right goods are available while providing maximum cost control.
• Inventory - delivers the flexibility to support the organisation’s unique inventory operations and provides warehouse management capabilities that can be tailored to each warehouse.
• Fixed Assets - allows the efficient tracking and maintenance of all information needed for financial and tax accounting, property control, and depreciation forecasting.
• Intrastat Reporting – provides all of the information to simplify the Intrastat reports.