A merged pharmaceutical company that deployed Infor PM Expense Management saw dramatic results in outstanding expense reports and receipts over 45 days old—a number decrease from 7,977 to 1,000, and a dollar amount decrease from $8 million to $1.4 million.
The distributor and manufacturer of a wide range of items that include pipes, tubing, valves, bars, and fittings implemented Infor FMS SunSystems within an aggressive three-week schedule with the help of Infor Consulting Services. The company even closed its fiscal year-end without a parallel system running after seeing how successful the monthly close performed. Preparation time for monthly reporting dropped 40% in just initial attempts, and ad hoc reporting now takes a few hours instead of a day or two.
Coface is headquartered in France and offers companies of all sizes, business sectors, and nationalities a full and modular range of products with the aim of optimizing their trade receivables management: credit insurance, factoring, services of business information, debt collection, and invoice management.Using Infor Financials Business (SunSystems) Coface has been able to Close its books more quickly and accurately, generate more reliable reports with accurate data, optimize headcount and provide a reliable view of financial performance across the entire enterprise.
A leading insurance company in Argentina implemented Infor FMS SunSystems, enabling the company to integrate and streamline all financial processes. Results have included closing monthly accounting operations in just two days with fewer errors, and cutting in half the time needed to run quarterly reports.
Since implementing Infor Financials Business (SunSystems), Ocean Oil has radically improved its financial reporting capabilities and increase the accessibility of information, leading better quality financial reports and better decision making. The company has also realized increased automation and efficiency in the use of time and manpower.
A diversified holding company providing financial services to the marketplace through its subsidiary companies, has streamlined its global T&E operations to achieve process efficiency improvements and still comply with changing auditing rules with Infor PM/FMS Expense Management. The company has cut its reporting and reimbursement cycle in half and is able to expand the business without increasing costs.
Using Infor Financial Business (SunSystems) integrated with PM Query & Analysis, the nonprofit organization consisting of more than 1,500 worldwide sites standardized, streamlined, and automated various financial processes while allowing customization for local government regulations. The organization has improved productivity, saved costs, and gained greater financial transparency and organizational governance.
SHL Group, Ltd, a global psychometric testing and assessment company with more than 800 employees, chose Infor FMS SunSystems plus Query & Analysis for its unified ledger and configurability in handling complex accounting and international invoicing. SHL's upgrade to the web-enabled SunSystems Enterprise makes it much easier to deploy worldwide and results in greatly improved speed and lower cost due to the ability to eliminate several current servers.