Financial management systems have come a long way from the days of spreadsheet-based templates. With advances in everything from data visualization to how technology is deployed, the reasons to modernize are numerous.
Using old spreadsheets to perform critical financial tasks not only wastes resources, but it also prevents your organization’s key decision makers from accessing valuable business insights—insights readily available to competitors that have already implemented modern, comprehensive financial management solutions.
The problems caused by a lack of organizational visibility are exacerbated by disconnected systems. As companies grow, so can the number of disparate databases. Their dated, batch-based interfaces generate multiple versions of the truth and limit your ability to tie decisions to risk, produce consistent reports, and efficiently monitor for compliance issues.
The speed of today’s business world demands technology that allows your finance team to pull insight out of the chaos. So when selecting a new financial software solution, you need more than automation and scalability of reporting and processes. You’ll need to be able to take advantage of opportunities made possible by mobility, big data, and in-memory computing, and use technology to align to your own strategic initiatives.
By integrating your transactional, operational, and reporting systems, you can have all the data you need right at your fingertips, and use it to help your organization get where it wants to be. Solutions like Infor d/EPM connect your systems to powerful analytics, financial performance management, and compliance applications.
Infor d/EPM collects real-time data from your source applications and translates it into business insights delivered through a fully integrated solution suite with a common user interface. Every time you make a change, from modifying an order to changing an inventory status, information is updated automatically.
Based on an in-memory analytics platform, Infor d/EPM instantly consolidates data and provides immediate user feedback on the impact of plans and forecasts. And with in-context business intelligence capabilities built in, the solution delivers organization-wide financial insights that include everything from supply chain and production to talent management and sales—allowing you to see how activities in one area of your business will affect the rest of your business.
Download the free brochure to learn more about how integrated financial management software can help you:
- Build an insight-driven enterprise
- Maintain growth and agility
- Ensure compliance