A web-based ERP system designed by Infor for distribution/wholesale trade companies.
Infor ERP FACTS is an ideal enterprise solution for distribution companies that want and need to keep virtually all of their focus on core business processes. It is highly configurable and has industry-specific functionality to streamline a wide range of processes including buying, stocking, selling, and servicing customers. Infor ERP FACTS helps distribution companies improve performance and cash flow, enhance customer service, and maximize resources company-wide.
While the software still has available support, Infor Distribution FACTS can no longer be sold as new. Infor recommends you look into their CloudSuite Distribution or CloudSuite Industrial (SyteLine) product as a replacement.
Infor ERP FACTS features an intuitive, easy-to-use graphical interface and is designed to access and integrate data across an entire operation.
Key functional areas include:
FACTS’ Accounts Payable provides efficient management of your trade and non-trade payables along with effective vendor management tools.
The Vendor Inquiry puts all the details about your vendors in one place for a snapshot of each account and allows you to drill down to the details when you need it:
Other than inventory, no asset is typically larger than a distributor’s accounts receivable. FACTS offers a complete set of tools that enable distributors to better manage all their receivables by providing extensive reports and inquiries that are both convenient to access and easy to use.
FACTS makes receipt of cash quick and easy by providing time-saving tools:
The tight integration of General Ledger with other functions of FACTS ensures accurate posting for multiple profit centers. The flexibility of settings offers the financial manager solid control over which accounts are affected with every transaction.
Each functional area in FACTS can post transactions to the general ledger via the versatile GL posting tables:
A distributor’s largest asset is their inventory. When effectively managed, no other part of a distributor’s business can more positively impact their bottom line. To this end, FACTS Inventory Control provides a comprehensive set of tools that enable distributors to dramatically improve inventory management processes.
An accurate physical inventory will reduce costly errors and help maintain optimal levels of inventory to ensure you meet your customers needs.
FACTS gives you the tools to easily and effectively manage this process:
The Infor ERP FACTS Job Cost provides dynamic job tracking and the extensive reporting features needed to maximize sales and profits for project-oriented distributors.
Distributors often manufacture or assemble goods with components from their inventory and FACTS Manufacturing Control provides distributors with a highly efficient system for managing these production processes. From production planning to finished goods, Manufacturing Control provides a step-by-step process that will reduce order fulfillment time and minimize the margin of error, thereby improving customer service.
Both bill of materials and formulation items are supported:
the InforERP FACTS Payroll maintains and tracks employee data, manages check writing functions and provides extensive reporting for governmental and tax purposes.
FACTS’ Purchase Orders has the functionality and flexibility needed for today’s purchasing managers. Purchase Orders integrates with the Inventory Control and Sales Order programs to automate purchases for stocking items and special orders.
To save the buyer time, most purchase order lines are suggested from two sources–replenishment programs and from special sales order lines:
Report Writer is a high-performance tool that enables you to create reports from any FACTS data file, eliminating custom programming for special reporting needs. Infor ERP Facts Report Writer gives you the information you need to run your business more effectively.
Sales Analysis provides a multitude of views on past sales to help the distributor accurately identify the customers, salespeople and items that drive the most profitable revenue.
Past sales can be viewed by period comparison,multi-period or accumulated sales:
For a distributor, it all begins with the sale. Without critical information at your fingertips at all times, your company can’t provide exceptional customer service. Without exceptional customer service, you can’t remain competitive. The FACTS Sales Order provide the tools to empower the distributor to offer top-notch customer service while managing the entire order cycle with ease.
FACTS Sales Orders streamlines the entire order processing cycle and gives distributors the information they need to improve customer service and eliminate costly errors.
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As we evolve, Infor has provided a product that has been able to grow with us.
Wherever we can knock costs off the system, we have to do it. Which we’ve been able to do with the FACTS system. The mroe that we can leverage our technological infrastructure, the more labor it will save us, and let us be more aggressive with our customers in terms of just raw cost, because in healthcare, cost is king.
Part of reducing labor and costs is through our web store. We have budget trackers where the facility will give us their spend per month and approved budget. They can see with every order they’ve placed, how much they have left. They can have alerts for when they hit certain thresholds to let them know they are coming close.
One of the most appealing aspects of our relationship with Infor is our channel partners. He works with every member of our team to make sure we can do our jobs efficiently. We have to take every piece of cost out of the system.
Working with Infor and FACTS has been exceptionally helpful to me, my sales team, and the company. In order to get business from our customers, we have to have the lowest price.
Beyond the price, it’s very important that we have the products in stock and reliable delivery. Technology is such an important part of our business but we haven’t lost our human touch.
Utilizing the Infor Storefront system has helped us get our orders turned around extremely quickly for our customers. The Infor Storefront ordering system is able to track that order and make sure the order is followed through and sent through the door as quickly as possible.
The ability to be flexible has been part of our growth and will continue to be a part of our growth because healthcare continues to evolve.
FACTS is a batch processing system. This means information is entered through either a document entry or a transaction entry. That information is stored in a temporary file. The general ledger is not updated, the information is not updated. The information is in a temporary file. This allows you to look at the data you’ve entered, change that to new data. Once satisfied, you can post it or update the information. It works on the principle of enter, print, and post.