Overview
Financial professionals typically spend 70% of their time collecting and validating data, while the lack of collaboration and visibility turns forecasting and budgeting into an “educated guessing game”.
Infor Enterprise Performance Management (EPM) helps organizations gain a competitive advantage and face market complexity head-on – potentially being the only financial performance management software you’ll ever need.
Solution Type: Financial Performance Management
Website:Infor EPM
Deployment options:
Cloud-based- On-premises
What is Infor EPM?
Infor Enterprise Performance Management (EPM) is a comprehensive solution suite designed to enhance financial planning, budgeting, forecasting, and performance analysis processes, eliminating spreadsheets.
It layers world-class in-context business intelligence, financial performance management, and risk and compliance monitoring, empowering you to make more impactful decisions, report with confidence, and forecast the future based on relevant, real-time insights.
Why Organizations Need It
- ✓ Single solution for complex financial activities
- ✓ Holistic view of business performance
- ✓ Forward-looking capabilities to anticipate market trends
Beyond Spreadsheets: Why Infor EPM?
Key Challenge: Organizations struggle with endless arrays of spreadsheets and documents from different sources, making data analysis overwhelming and unreliable.
The Hidden Costs of Manual Processes
Spreadsheets rely heavily on manual input. Once data is rolled up, top executives can hardly drill down the numbers to gain a more in-depth view of the financial history. Spreadsheets are susceptible to human errors, rigid, time-consuming, and have the potential to create silos.
Different user interfaces and disparate systems result in decision-makers sitting on different versions of the truth, hindering organizations from taking advantage of mobility, big data, or advances in in-memory computing.
Unified Data Management
With Infor EPM, when an event occurs (e.g., an order is updated, an item is created, inventory status changes), the system automatically updates the information across all connected systems.
- ✓ View, monitor, and manage KPIs through intuitive, role-based dashboards
- ✓ Generate reports according to industry standards
All this happens via a unified, user-rich, clean, and intuitively designed interface, allowing users to work the way they live.
Key Features and Capabilities
Data Analytics
Infor EPM utilizes an analytical platform with in-memory technology, enabling instant data consolidation and real-time insights into business and financial plans.
This advanced contextual analytics capability enhances decision-making accuracy across the organization. Leveraging EPM’s deep and predictive analytics combined with compliance tools enables you to increase the accuracy of your strategic, tactical, and operational plans.
Monitor and review performance while on the go—while visiting clients, discussing with workers down at the warehouse, or attending a trade show—via any mobile device of your choice.
Financial Planning, Budgeting, and Forecasting
“Integrate planning, budgeting, and forecasting into one single system for maximum visibility and efficiency.”
Simplify budgeting by bringing budgets and actuals together in a solution designed according to financial best practices.
Consolidate multiple sets of books seamlessly, process elimination entries, and generate a single set of financial statements.
Financial Reporting & Dashboards
Leverage highly structured and adaptable self-service reporting capabilities to enhance decision-making within your organization. Benefit from fully customizable dashboards and reports that feature clear and user-friendly graphs and charts.
Dashboards provide real-time access to critical financial metrics, KPIs, and trends, eliminating the need for generating static reports and allowing for more informed, up-to-date decision-making.
CAPEX Planning
- ✓ Automates data gathering for capital expenditure planning
- ✓ Integrates with existing systems
- ✓ Creates and tests different scenarios for informed decision-making
Risk and Compliance
- ✓ Holistic view of data and user access across business units
- ✓ Proactive, automated monitoring of performance and compliance
- ✓ Mitigates security breaches, violations, and fraud
With Infor EPM, organizations can transform their financial processes from rigid, error-prone spreadsheet exercises into dynamic, data-driven decision-making that provides a competitive advantage in today’s complex market.
For more information about Infor EPM and our other solutions, visit:www.trginternational.com
