Infor PM (Performance Management)

Infor Performance Management is a product for automation of strategic planning, budgeting, consolidation and transformation of the reporting from Infor company. Result of implementation of Infor Performance Management:

• reduction of a budget cycle and terms of formation of the consolidated statements;
• increase in accuracy of planning in the organization;
• increase in responsibility for execution of budget indicators;
• cutting of costs for management of budget process;
• decrease in labor input of collecting of actual data.

Infor Performance Management solves problems of budgeting systems and consolidation of the reporting in one application without accomplishment of double entry of information.

Automation of budgeting in Infor Performance Management:

• comments on budget items;
• prohibition of input of negative values;
• an opportunity to create personal copies of data for budget forms;
• regulation of budget process on the basis of chains of approval of budgets;
• use of flexible algorithms of calculation;
• ready templates of formulas for creation of calculations on forms;
• graphic tools for the analysis of the reporting: charts of all used types, color indication and dashboards;
• possibility of the user modification of the forms configured by the administrator.

Automation of consolidation in Infor Performance Management:

• consolidation on a financial structure and different alternative hierarchies;
• possibility of a task of percent of ownership and control, automatic calculation of effective ownership;
• built-in mechanisms of an exception of VHR;
• specialized tools for carrying out adjustments and transformation of the reporting.
• automation of adjusting entries using different parameters: including frequency, validity period and algorithms for calculation of the adjusting article.
• automation of labor-consuming calculations: minority share, goodwill, etc.;
• auditor trace – an opportunity to see data before use of adjustments and intra-corporate exceptions.

Other Infor Performance Management functions:

• setup of access rights on analytical signs;
• access isolation to forms and jobs;
• possibility of data entry in offline mode;
• tracking of the status of recalculation of data and optimization of performance due to automatic selection of the changed data.

The complex of the solutions PM 10 created in development of well proved products Comshare and MIS onVision is distinguished the modern technology platform allowing to cover requirements of the companies of different level of complexity, support of modern models in the field of corporate and financial management by the company (in particular, opportunities for work with the standards IFRS, OFR, Sarbanes-Oxley, FASB, Basel II, GAAP) and also long-term experience of the solution of assigned tasks within the developed solutions (the first version of the product Comshare MPC was released about 15 years ago, and the first version of MIS onVision - in 2003).