Infor Financials & Supply Management logo

Infor Financials & Supply Management

by Infor · Since 2014
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ActiveAvailable globallyCloud
Quick facts
VendorInfor
Year launched2014
StatusActive
Location641 Avenue of the Americas New York, NY 10011
Countries servedGlobal
Languages23
Integrations2+
Free tier
Free trial
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About Infor Financials & Supply Management

Infor Financials & Supply Management is a financial management software platform from Infor that supports effective financial operations and procurement processes. It combines features such as financial planning, supply chain management, and procurement management so organizations can manage their financial resources efficiently. This platform is designed to assist businesses in making informed financial decisions and improving supplier relationships. Infor Financials & Supply Management also offers analytics capabilities to monitor and analyze spending patterns effectively. Key capabilities: financial planning procurement management spend analysis supplier collaboration reporting and compliance Best for: finance and procurement teams that need to manage financial operations and supplier relationships effectively.

Infor Financials & Supply Management is a modern, cloud-based platform designed to enhance efficiency, security, and compliance for organizations across various industries. This comprehensive system provides users with advanced financial and supply chain management capabilities, offering end-to-end solutions that are fully integrated and highly customizable. The platform’s global ledger feature allows access to unlimited financial calendars, ledgers, and dimension strings, enabling users to import both financial and non-financial data. This functionality serves as a data warehouse, providing organizations with the ability to make strategic business decisions based on real-time insights. In addition, Infor Financials & Supply Management enables the definition of custom attributes, such as facility type or employee numbers, which can be attached to locations for more sophisticated reporting and analysis. Infor’s cloud-based platform provides robust reporting tools that support complex requirements through its flexible dimension strings and bases. This enables financial professionals to manage adjustments, eliminations, currency gains or losses, and allocations across multiple ledgers with ease.

Pros & Cons

What users like
  • +Cloud-based platform with strong security features.
  • +Extensive customizations with unlimited ledgers, attributes, and dimension strings.
  • +Integrated AI for automation and enhanced decision-making.
  • +End-to-end visibility for financial and supply chain management.
What users flag
  • AI features are in limited release.
  • May require training to leverage advanced reporting and customization.

Features

Key features

Global Ledger
Provides access to unlimited financial calendars, ledgers, and dimension strings.
Can import both financial and non-financial data, serving as a data warehouse to support strategic business decisions.
Allows users to define unlimited attributes (e.g., type of facility, square footage, number of employees) for complex reporting needs.
Data Usability
Expands the usability of data by importing and integrating it from various sources.
Supports better decision-making through a unified repository for enterprise data capture, ensuring data fidelity, governance, security, and access control.
Flexible Reporting
Supports unlimited ledgers for adjustments, eliminations, and currency gain/loss management.
Meets complex reporting requirements through flexible dimension strings and bases, supporting compliance and financial reporting.
Supply Management
Provides complete visibility into indirect spend and procurement, helping to identify consolidation opportunities and control costs.
Offers a source-to-settle solution for managing the full procurement lifecycle.
Generative AI Integration (Limited Release)
Contract and project managers can use AI to analyze contracts, generate executive summaries, and streamline reporting tasks.
Security & Compliance
Enhances security with Data Fabric Security, allowing administrators to implement least-privilege access controls.
Offers automated monitoring tools to alert IT admins of system issues, helping ensure compliance and preventing failures.

Additional features

Financial Management
General ledger with flexible reporting, multi-currency support, and unlimited dimension strings.
Support for global financial standards (GAAP, IFRS, etc.).
Supply Chain Management
End-to-end procurement functionality, sourcing tools, and spend optimization.
Integrated supply chain visibility and management.
Cloud Integration
Cloud-based deployment for easy scalability, accessibility, and security.
Secure platform updates with minimal disruptions.
AI-Powered Automation
AI tools for contract and project management to optimize workflow.
Customization & Attributes
Custom attributes for fields and transactions, facilitating advanced analytics and tailored reporting.
Governance, Risk, and Compliance (GRC)
Built-in tools to ensure that all business operations remain compliant with regulations.

Pricing

Free trial
Free version
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Countries & Languages

Global
Countries served
23
Interface languages
16
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianChineseJapaneseKoreanPortugueseDutchRussianArabicTurkishPolishSwedishDanishFinnishNorwegianCzechHungarianGreekThaiIndonesian

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD🇨🇦CAD🇨🇭CHF🇨🇳CNY🇸🇪SEK🇳🇿NZD🇰🇷KRW🇸🇬SGD🇮🇳INR🇷🇺RUB🇧🇷BRL🇿🇦ZAR

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