Infor EPM provides a unified solution for budgeting, forecasting, and planning, simplifying these processes while integrating them tightly with ERP applications. It allows for efficient management of capital projects and expenditures and offers detailed sales planning and forecasting tools.
The software leverages AI for predictive analysis and trends, aiding in more informed decision-making. Additionally, its financial consolidation tools streamline the reporting process, making it faster and more accurate for organizations with complex financial needs.
Infor EPM Key Features
Budgeting and Planning:
- Simplifies the budgeting process by unifying planning for profit and loss, balance sheets, and cash flows.
- Includes a user-friendly modeling tool for creating detailed financial plans and budgets.
- Features for what-if scenario planning are available, allowing unlimited versions to explore different financial outcomes.
- Workflow management is integrated, enhancing the efficiency of budgeting processes.
- Supports multi-currency operations and multiple conversion rates, making it suitable for global businesses.
Sales Planning and Forecasting:
- Integrates sales forecasting and planning tools, aiding in the creation of accurate sales forecasts linked to budgets and plans.
- Offers access to detailed sales data and aggregated values for budgeting purposes.
- Users can set flexible rules for discounts and driver-based calculations in sales plans.
- The tool allows exploration of what-if scenarios and various versions for sales planning.
- AI-based predictions and trend analysis are incorporated to enhance sales forecasting accuracy.
- Consolidates multiple sets of books quickly and accurately from different legal entities.
- Streamlines tasks associated with consolidation, allowing more time for financial reporting and analysis.
- Handles data from operating units worldwide, supporting the collection, consolidation, and reporting of accurate data.
Capital Expense Planning and Project Forecasts:
- Provides tools for managing capital expenditure cycles, including project and investment management.
- Aids in funding management and distribution, and in analyzing impacts on cash flow.
- Supports management of a range of projects, from small investments to complex programs.
- Integrates with budgeting and ERP systems, enhancing overall financial planning capabilities.
- Supports account reconciliation, helping to manage and improve global account reconciliation processes.
- Drives integrated plans across the organization, aligning business strategy with financial goals and facilitating agile forecasting.
- Increases profitability by providing insights into cost and profit dimensions.
- Aligns tax reporting with corporate reporting, supporting effective tax and compliance reporting.
- Acts as a platform for enterprise-wide data management, ensuring data integrity across various systems.