Infor: More Informed Decisions with Unprecedented Insights

Charles Phillips, CEO Globalization and rising demand to keep pace with fierce competition have prompted organizations to look for ways to improve their operations, adaptability, and business performance. Majority of the enterprises have traditionally considered financial figures as the primary source of information for business performance measurement. However, just the financial figures cannot provide a holistic view of business performance as organizations interact with several parties or entities internally as well as outside of the organization.

While the organizations today are on a quest for an efficient solution that can improve their performance and grow their business to the next level, New York-based software development company, Infor is at the forefront of offering state-of-the-art Dynamic Enterprise Performance Management Solution (d/EPM) to help organizations gain a holistic view of business performance. Infor’s complete d/EPM product suite provides everything a customer needs to improve their day-to-day operations and grow their business for the long-term. Whether it is to optimize vital back office functions like HR and financials, enhance customer experience, or initiate digital transformation, Infor’s solution covers it all. “The depth and breadth of our proprietary tool provides customers with end-to-end capabilities to manage every aspect of their business,” states Charles Phillips, CEO of Infor.

While every year adds a new chapter to Infor’s success history, the company is reaching stellar heights in the EPM realm by helping clients make insightful budgeting and planning decisions faster. Its unique capabilities of intelligent financial performance management, workforce planning, and deep insight and analysis for informed decision making arguably makes Infor d/EPM second to none.

Central Source of Truth

Organizations today are increasingly deploying a combination of practices and technologies for enabling accurate monitoring and analysis of their performance and increasing their levels of efficacy and efficiency in order to achieve a competitive advantage.


We are dedicated to assist CFOs harness the power of big data and analytics in a simpler and usable way


According to Phillips, “In most of the organizations, typically, all the user interfaces and different technologies are located on different versions of truth and none of them are connected to each other.” This presents a great challenge for CFOs to gather enterprise data from all the applications, turn it into meaningful insights, and make an informed decision.

With Infor d/EPM, organizations can provide one central source of truth and a seamless connection between their transaction systems and business intelligence—all with an engaging, modern user experience. Infor d/EPM is based on an in-memory analytics platform that provides instant consolidation of data and immediate user feedback. By delivering clear-cut visibility on the impact of business and financial plans and forecasts, the d/EPM platform helps CFOs in making more informed and perceptive decisions across their enterprise. Embedded with built-in business intelligence capabilities, Infor d/EPM’s benefits go far beyond just easy access to data. With the help of d/EPM customers get visibility across their entire critical processes from financials and sales performance to production orders and quality. The platform gives finance team access to business and financial performance data anytime, anywhere.

A key differentiating factor of Infor d/ EPM is that it can be easily integrated to a customer’s existing systems. Especially when customers’ solutions are deployed in the cloud, it reduces the burden on their IT departments by making it easier to securely manage technology investments, and stay up to date with upgrades. To top it all, using the Infor d/EPM platform, users can eliminate the data silos that unconnected systems can create.

Gaining Unprecedented Business Insights

Infor d/EPM gathers real-time data from customer’s source applications such as ERP and CRM and translates it into business insights delivered through a complete product suite with a common user interface.
The company makes use of a unique virtualized architecture known as Infor ION. ION integrates d/ EPM with other enterprise applications in real time, providing a unified set of data for analytics, performance management, and compliance. Each time a change is made in a daily task, from modifying an order to changing an inventory status, the information is updated automatically to a business vault. As a result, users get a single version of the truth from a suite that is pre-built to take advantage of innovative technologies like mobility and in-memory computing.

Defining New Heights

To elaborate more on their value proposition, Phillips cites a scenario where plant and capital equipment specialist, Ardent Hire invested in d/ EPM. Ardent operates more than 7,000 assets worth a total of more than $200m, including the largest telehandler fleet in the UK. However, as a result of the merger, Ardent had different systems across accounting, hire, and fixed asset register functions. This led to inconsistent data, delayed reporting, increased risk, and inability to deliver the best asset use information to customers. After a thorough review of the market, Infor d/ EPM was chosen because of its ability to assimilate both operational and financial data, and to act as a basis for further development of the information Ardent can offer to customers. The application was deployed throughout 14 sites in the UK to experience improved consistency and visibility of both operational and financial data, which helps to reduce risk and improve customer service. “Our integrated platform that links financial and operational capabilities enables companies to realize internal improvements as well as enhance their offering to the customer base,” elucidates Phillips.



Along the path of innovation, Infor is working toward new offerings that will enhance a CFO’s ability to use financial and operational data for strategic advice and insights. By developing purpose-built solutions for specific industries, Infor today is proud to serve more than 90,000 organizations globally. “We are dedicated to assist CFOs harness the power of big data and analytics in a simpler and usable way,” concludes Phillips.

Company
Infor

Headquarters
New York, NY

Management
Charles Phillips, CEO

Description
Infor offers an integrated suite of performance management solutions across different verticals running on a real-time single version of truth

Whitepapers of Infor