SOURCE: Infor

Infor

September 16, 2014 08:00 ET

Infor Announces New Era of Automated Financials

Infor CloudSuite Financials Will Deliver Functional Change in Cloud-Based Financial Management

NEW YORK, NY--(Marketwired - September 16, 2014) - Infor, a leading provider of business application software serving more than 73,000 customers, today announced Infor CloudSuite Financials, a brand new financial management application built for the cloud. Engineered in consultation with some of the world's leading consulting firms, CloudSuite Financials is designed to uniquely address the needs of today's CFO and financial professionals instead of relying on decades-old technology and processes.

"Financial management applications are not sufficient for today's finance professional; even those considered to be modern are merely version 2.0 of first-generation financial management - the industry needs a functional change," said Duncan Angove, president of Infor. "Infor CloudSuite Financials will eliminate the need for multiple bolt-on applications, creating the first single suite that automates the contemporary functions of finance."

Infor CloudSuite Financials integrates multiple functions traditionally requiring disparate systems into a single suite, including core financial management, treasury applications, close & reconciliation management, business intelligence, and treasury & cash management. By combining these functions into one application, CloudSuite Financials helps eliminate redundant and error-prone steps that require human intervention, and simplifies management of complex businesses with multinational operations and multiple ledgers.

At the heart of CloudSuite Financials is Infor ION®, Infor's purpose-built, lightweight middleware. Infor ION provides integration between a company's financial and operational systems, providing deeper insight and clearer visibility into performance. Through Infor ION, CloudSuite Financials simplifies diagnostics, quickly identifying the operational sources of financial performance information, helping companies become more efficient and profitable.

Infor CloudSuite Financials is built for the cloud, with deep analytics and mobility in a multi-tenant environment with support for open source systems. In addition, CloudSuite Financials features a consumer-grade user experience from Hook & Loop, Infor's internal design agency based in its Manhattan headquarters.

Infor CloudSuite Financials is slated for release next year.

About Infor
Infor is fundamentally changing the way information is published and consumed in the enterprise, helping 73,000 customers in more than 200 countries and territories improve operations, drive growth, and quickly adapt to changes in business demands. Infor offers deep industry-specific applications and suites, engineered for speed, and with an innovative user experience design that is simple, transparent, and elegant. Infor provides flexible deployment options that give customers a choice to run their businesses in the cloud, on-premises, or both. To learn more about Infor, please visit www.infor.com.

Infor customers include:

  • 19 of the top 20 aerospace companies
  • 10 of the top 10 high tech companies
  • 10 of the top 10 pharmaceutical companies
  • 22 of the 25 largest U.S. healthcare delivery networks
  • 16 of the 20 largest US cities 
  • 20 of the top 20 automotive suppliers
  • 17 of the top 20 industrial distributors
  • 16 of the top 20 global retailers
  • 4 of the top 5 brewers

This announcement reflects the direction Infor may take with regard to the specific product(s) described herein, all of which is subject to change by Infor in its sole discretion, with or without notice to you. This announcement is not a commitment to you in any way and you should not rely on this document or any of its content in making any decision. Infor is not committing to develop or deliver any specified enhancement, upgrade, product or functionality, even if such is described in this announcement and even if such description is accompanied by words such as "anticipate," "believe," "expect," "intend," "may," "plan," "project," "predict," "should," "will," and/or similar expressions. Many factors can affect Infor's product development plans and the nature, content and timing of future product releases, all of which remain in the sole discretion of Infor. This announcement, in whole or in part, may not be incorporated into any contractual agreement with Infor or its subsidiaries or affiliates. Infor expressly disclaims any liability with respect to this announcement.

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