ATLANTA - Jul 27, 2010
Infor, the leading provider of business software for mid-market companies, today announced Electronic Banking for System i, powered by Cashbook. The full banking solution will provide customers a complete cash management system with a central interface, allowing users to process, pay and reconcile cash through one application with immediate updates reflected in the ERP system. The solution enables companies to streamline and automate critical time-consuming processes and reduce risk of error.
What Formica Says
"The electronic banking solution that we use from Cashbook has enabled us to dramatically reduce the number of bank accounts and time taken to complete payment runs, as well as provide complete visibility into our global cash balances at all times," said David Bailey, financial accountant, Formica. "We've successfully used the solution to complete AR Drafts and Direct Debits projects, Bank Statement Upload processes for 20+ accounts, payroll file imports across Europe, and to create a new global payment system for our European payments."
What We Say
"Infor continues to demonstrate its commitment to our System i-based customers by enhancing and innovating our ERP systems to bring greater efficiency and improved performance," said Kari Miller, senior director, System i Product Management, Infor. "Partnering with Cashbook, whose electronic banking solutions have been at the forefront of the industry since 1992, to integrate cash management into the ERP is the latest proof-point to our commitment to our more than 15,000 customers on the System i platform."
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At Infor, we work with a core belief. We believe in the customer. We believe that the customer is seeking a better, more collaborative relationship with its business software provider. And a new breed of business software: created for evolution, not revolution. Software that's simple to buy, easy to deploy and convenient to manage. Our 70,000 customers in more than 100 countries stand with us. We look forward to your sharing in the results of our belief. There is a better way. For additional information, visit www.infor.com.
About Cashbook Limited
Cashbook Limited provides Cash Management and Electronic Banking solutions for over 100 customers in 20 countries around the world. Cashbook is a multi-site, multi-currency, multi-lingual solution which radically reduces the time needed to perform day-to-day tasks in finance departments. www.cashbook.com.
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