Five key benefits of using Infor EPM

Blog updated on 8th February 2023 by Adrian Howard



Infor EPM is a comprehensive performance management solution that gathers data from multiple sources across your business. This centralised data repository, paired with powerful analytics and the clearest visualisations helps you deliver a holistic view of your business and timely insights into business and financial performance.

Infor EPM transforms raw data into business intelligence. It combines information from across the enterprise to help you understand what happened, why it happened, and what may happen in the future under different scenarios; ultimately helping you to decide what future direction to take.

Here are our top five reasons for considering Infor EPM for your business:

1. Improved visibility

nfor EPM provides organisations with a clear and concise view of their financial and operational performance, with the ability to drill down into the details. This allows you to identify areas of improvement and take action quickly to address them. With a unified view of the business, you can see how different departments and business units are performing and identify any issues that may be impacting overall performance.

2. Better decision-making

With accurate and timely information, you can make better decisions that are based on fact rather than intuition. Infor EPM provides real-time financial and operational data, allowing informed decision-making that will improve performance. The system also includes advanced analytics and reporting capabilities, which allow you to identify trends, predict future outcomes, and make data-driven decisions.

3. Increased efficiency

Infor EPM automates many of the manual processes associated with financial and operational data management. This facilitates enhanced focus on your core competencies and reduces the risk of errors. Additionally, the system streamlines the consolidation process, making it easier to combine financial data from different subsidiaries and departments.

4. Greater collaboration

Infor EPM allows you to share information and collaborate across departments and functions. The system's app and web-based interface allows users to access and update the information they need from anywhere, at any time, on any device, enabling teams to work together more effectively.

5. Scalability

Infor EPM is a highly scalable solution that can easily be customised to meet the specific needs of an organisation. This makes it an ideal solution for organisations of all sizes and in all industries. The system is easily integrated with other Infor and third-party systems, allowing organisations to leverage existing investments and expand their capabilities as needed.

Take the next step

To find out more contact your LAKE Account Manager who will be delighted to help.



Adrian

by Adrian Howard

Blog Contributor.


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