INFOR 10 ERP DISCRETE iENTERPRISE (XA) FINANCIALS … · Financials Redevelopment Enterprise...

INFOR 10 ERP DISCRETE iENTERPRISE (XA)

FINANCIALS ROADMAP

Agenda

Financials Systems History

Existing Financial Applications

Financials Redevelopment

Enterprise General Ledger

Transition Plans

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Financial Systems History

3 Copyright © 2011 Infor. All rights reserved.

Financials Systems History

In the Beginning:

MAPICS was designed as a midrange system

Smaller customers

Single site

Single currency

Mostly US based

Thus was born Accounting Management

GL, AP and AR

Easy to implement, easy to use

Standard GAAP accounting

Standard chart of accounts structure, but limited

Basic reporting capability

Copyright © 2009 Infor. All rights reserved. www.infor.com. 4

Financials System History

MAPICS grows rapidly, so do our customers

Some customers “outgrow” AM Financials

Multiple sites

Multiple countries

Growth from medium/small companies to large companies

IBM sells MAPICS to large companies (Pepsi, GE, IBM)

MAPICS is actively sold overseas (almost 40% of customers)

Thus was born International Financial Management

Globalized, multi everything

IFRS compliant – pretty much

Unusual chart of accounts (units and natures)



AM Customers Want More

IFM is overkill, but AM “wasn’t quite there”

IFM was harder to implement – and “units and natures?”

Power-Link technology was coming – we want it

Thus was born AM Plus

Current technology

Simple and reliable AM backbone

Not quite finished



Financial Reporting becomes “old school”

The green screen way of creating reports was fine – until it wasn’t

Both AM and IFM are affected

Thus was born FRx

More reporting power, much easier to use

“industry standard” – sort of

Third party product – Microsoft



Microsoft decides to end FRx, Infor acquires financial reporting vendors

Thus was born Infor financial reporting

PM 10 for moderate to enterprise level reporting

F9 for simple reporting



Small and medium sized customers

AM Plus

F9 financial reporting

Medium, large and global customers

IFM

PM 10 (now called CPM)

Dual systems = dual maintenance = less enhancement



AM Plus + F9 (or CPM) works very well for current customers

Challenges with IFRS compliance

Minimal development roadmap

IFM + CPM (or F9) works very well for current customers

Some workarounds for IFRS compliance

Slated for full IDF development, partially complete

Current design is somewhat cumbersome

Security is definitely cumbersome

Still has units and natures – a hard sell to new CFOs



Infor needed to develop a good answer for all customers

100% IDF technology, consistent with the rest of XA

“Normal” chart of accounts with segments

More account segments, more books, more business units

100% IFRS compliance

Fully globalized, enterprise functionality

Functionally equal to SAP, Oracle, etc.

Never lose a customer to a new CFO again

Enable global multi environment and global single environment

Deployable in a simplified “AM like” mode

Use IDF tailoring tied to Deployment Profiles (7.8)

Deploy to LX and System 21 customer bases – common System i solution



Where to start? General Ledger

IFM GL has issues, although partially in IDF now

AM GL cannot scale functionally

F9 and CPM cannot supplement core functionality enough to make the difference

Accounts Payable

IFM Accounts Payable is fairly strong, has partial IDF

AM Accounts Payable works fine, partial IDF

Accounts Receivable

IFM Accounts Receivable is fairly strong, has partial IDF

AM Accounts Receivable works fine, partial IDF

Fixed Assets

Being moved into core XA from the old FA application

Need for higher level of Fixed Assets functionality

Evaluating other Infor solutions



General Ledger is the first priority

AP and AR will be redeveloped after GL

XA Fixed Assets moving into core XA

Evaluating adopting other Infor solution for higher level Fixed Assets functionality

LX and System 21 – rejected

Infinium – rejected

Smart Stream – rejected

Lawson – next evaluation



Complete replacement for IFM GL and AM GL

Source: LX Configurable Enterprise Accounting (CEA)

Equal or better functionality to SAP or Oracle

Seven years history with large global companies

IDF inquiries already completed (2009)

Designed to work with multiple ERP systems

Can work in parallel with IFM or AM

100% IFRS compliance, advanced global features

Model driven posting reduces maintenance needs throughout the ERP

Limited Availability Date – December 2011

Two pilot tests already completed with key customer



Address AP and AR redevelopment

Candidates – IFM and System 21

Will consider other Infor solutions as benchmarks

Evaluation should begin December 2011

Possible inclusion in Release 10

100% IDF technology will be used for redevelopment

Fixed Assets

Moving to core XA in process, possible January delivery

Evaluation of higher end solution in process, not expected until Q2 2012


Enterprise General Ledger


Transition Plans


Transition Plans

What does this mean to you?

Questions to ask:

What release level are you on?

Are you planning to upgrade to Release 9 or 10?

Are you using AM or IFM?

Are you using F9, CPM, FRx or ???

Would you like to change your chart of accounts?

Current chart doesn’t fully reflect reality

Want to get more out of it, but it’s too much work to manage

No thanks, I’m good.


Transition Plans

What release level are you on? Less than R9, take no action

Planning an upgrade? Complete the upgrade, then consider transitioning to EGLi

AM Customer Do not transition to IFM at this time

If you upgrade to release 9 or above, consider transition to EGLi

IFM Customer If you upgrade to release 9 or above, consider transition to EGLi

F9, CPM (PM 10) Customer EGLi will support both reporting tools

Probably Q2 2012 for full supported release of EGLi


Transition Plans

Chart of Accounts

EGLi chart of accounts is closer to AM than to IFM

IFM chart of accounts can be modeled in EGLi

If you like your current chart, take no action

If you want to make changes, wait for EGLi

If you wish you could make changes (but it is a maintenance nightmare), wait for EGLi and determine level of effort.


INFOR 10 ERP DISCRETE iENTERPRISE (XA) FINANCIALS … · Financials Redevelopment Enterprise...

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