Infor PM provides solutions for planning, budgeting, forecasting, financial consolidation, strategy management, and reporting and analysis. With Infor PM, you can get a clear line of sight from strategy to execution. Plus, the Infor PM design allows you to start with any aspect of performance management and then expand into other areas as your business needs change or business grows.
Strategy management links corporate strategies to actions and resources. Strategic planning helps you visibly link strategic plans to tasks, budgets, measures, goals and people. Use strategic planning to identify what strategies and tactics are working and which ones are not so you can adapt actions and resources as necessary to achieve corporate goals
Planning’s powerful multi-dimensional driver-based modelling, top-down target setting, reporting and analysis capabilities allow you to overcome the limitations of inflexible, two-dimensional spreadsheets and make possible collaboration across the organization. Use the plan to seed budgets
Reduce budgeting cycle time by deploying best practice approaches to linking strategic goals to resources. Manage the budgeting process using the guided workflow. Streamline data collection with business process applications’ web functionality. Improve the accuracy and information control using the software’s financial understanding and central data repository.
Reduce the financial close cycle time and meet regulatory reporting requirements. Consolidation enables you to automate the loading, validation and consolidation of data from multiple source systems and multiple charts of accounts, making this process easier, faster and more accurate. Rely on the software’s comprehensive intercompany eliminations, journaling, currency conversion, audit trail generation and reporting capabilities to help you confidently and swiftly comply with GAAP, IFRS and other accounting standards and regulations
Check the statistical reliability of a forecast or plan to help reduce the risk of adopting that course of action.
Remove bias and eliminate game playing when you use forecasting to generate historically based forecast benchmarks as a baseline comparison against the forecasts created by your sales force.
Report information any way that is needed and in a format that can be leveraged by a very broad workforce.
Use business process applications financial reporting to automate the production and distribution of your statutory and management reports and books of reports. By generating formatted, book-quality financial and management reports that comply with regulations and external requirements, financial reporting helps controlling and increasing operational efficiencies.