Optimizing Global Financial Management. How to get up and running quickly, no matter where you re trying to go.
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1 Optimizing Global Financial Management How to get up and running quickly, no matter where you re trying to go.
2 Table of Contents 4 Going Global 3 4 Get the global capabilities you need, at a cost you can afford 4 4 Make those recurring nightmares a thing of the past 5 4 Get the flexibility to respond quickly to change, plus the controls to do so with confidence 6 4 Create accurate plans, budgets, and forecasts across diverse geographies 7 4 Make your finance systems work the way you want them to 8 4 Get the global essentials built in 9 4 Choose a partner that can get you there no matter where in the world you decide to go 10 4 About Infor 11
3 Going global Going global means having to manage a range of highly complex issues. The challenges that different cultures, languages, and business philosophies present are compounded by issues such as diverse regulatory requirements, local taxation laws, and multiple reporting periods just to name a few. You need highly robust transactional, planning, reporting, and analysis systems to ensure compliance and keep everyone on plan. And you need to get moving. After all, it s not enough to simply launch into a new market; you must be able to do so quickly, efficiently, and without breaking the bank. To accomplish these goals, your financial management solutions must be able to support international growth, rather than hinder it. Get everything you need to do business globally at a cost you can afford with Infor s Office of the CFO solutions. Infor Office of the CFO: Learn more >
4 Get the global capabilities you need, at a cost you can afford So many countries, so little time Get comprehensive, proven global financial management solutions delivered at a highly competitive total cost of ownership. You ll be able to easily consolidate disparate systems, giving you one operating cash position globally and a single business plan. You ll also be able to take advantage of advances like mobility and in-context business intelligence to dramatically improve efficiency and performance. Pay less, get more. It really is that simple.
5 Make those recurring nightmares a thing of the past Don t get lost in translation Impact of complying with global reporting requirements Going global means opportunities for your business, but it also means increased risk. You ll need to mitigate that risk on both a business and personal level by preventing non-compliance and security breaches across diverse geographies. Get the global controls you need with Infor s Office of the CFO solutions. You ll be able to easily and confidently comply with diverse regulatory requirements, while saving hundreds of hours each audit cycle and cutting the cost of compliance. You can also help drive business. Click here for complimentary research from the Aberdeen Group on enterprise risk management initiatives and the impact of global reporting requirements. They found that best in class companies experienced a 27% growth in new market revenue over 12 months, while also decreasing corporate liability by 16% over two years. 27% growth in new market revenue over 12 months -16% decrease in corporate liability over two years Aberdeen Group Research Paper. Download now >
6 Get the flexibility to respond quickly to change, plus the controls to do so with confidence Adapt without changing Going global often means dealing with a rapid pace of change. You can t afford to be locked into old financial systems and models that can t adapt to changing needs. You need global finance solutions that are agile and highly adaptable. With Infor s Office of the CFO, you can go at your own pace, fast or slow. You ll be able to standardize business processes and see problems coming, allowing you to take a proactive approach to financial management and accelerate growth. Watch a video of Infor customer World Vision describing how they rely on Infor to manage over 1,000 locations and distribute funds in 80 countries. Infor customer World Vision video: Watch now >
7 Create accurate plans, budgets, and forecasts across diverse geographies No crystal ball required Financial planning is challenging in any environment, but adding in different currencies, languages, cultures, and priorities gives the word complex new meaning. Not only do you need to create accurate plans, budgets, and forecasts across your organization, but you need to do so quickly and efficiently. Get the tools you need to tie financial plans directly to business strategies and improve bottom-line performance with Infor s Office of the CFO solutions. You can reduce financial planning process time by up to 70%, dramatically increase accuracy, and make decisions consistent with corporate objectives across all geographies. Read about how Kempinski Hotels eliminated manual processes and reduced errors across their hotels worldwide with a single, integrated budgeting, planning, and forecasting solution from Infor. Make your finance systems work the way you want them to. Customer Profile: Kempinski Hotels. Download now >
8 Make your finance systems work the way you want them to Your solution, your choice, your business When managing a global organization, you can t afford to let technology dictate the way you manage your finance department. Dated financial systems tie you to old processes that can limit growth and increase risk. Get finance systems that enable you not control you with Infor s Office of the CFO solutions. You can choose the financial management model that works best for your unique needs and the requirements of diverse geographies, be that centralized, decentralized, or some combination of both.
9 Get the global essentials built in The global essentials The last thing you need to worry about when expanding internationally is whether your finance systems have the global essentials covered. You need solutions with proven global capabilities at their core. With Infor s Office of the CFO solutions, you get systems built from the ground up to work effectively in international environments. Essential capabilities like multiple charts of accounts; multi-currency, multi-language, and multi-calendar; tax calculation; flexibility over accounting periods; and alternative treatments for reporting requirements are built right in. Don t trust your global financial strategy to systems trying to be something they re not. Get a solid foundation with Infor s Office of the CFO solutions.
10 Choose a partner that can get you there no matter where in the world you decide to go We re here for you You know where your business is going. Question is, can your software partner help you get there? You need a vendor that can support your business, whatever direction it may take or wherever in the world it may take you. Get the expertise, resources, and global presence you need with Infor. Financial software is in our DNA, and our solutions have been meeting the needs of global CFOs for nearly three decades. Join more than 20,000 customers in over 170 countries that trust Infor to address their highly complex financial management needs. You ll get a comprehensive set of global finance solutions that accelerate your business and change the way work is done all at a cost you can afford.
11 Testimonials View a Demo Contact Infor Company Products Services Follow us on Twitter About Infor Infor is the world s third-largest supplier of enterprise applications and services, helping more than 70,000 large and mid-size companies improve operations and drive growth across numerous industry sectors. To learn more about Infor, please visit Avenue of the Americas New York, NY infor.com Disclaimer This document reflects the direction Infor may take with regard to the specific product(s) described in this document, all of which is subject to change by Infor in its sole discretion, with or without notice to you. This document is not a commitment to you in any way and you should not rely on this document or any of its content in making any decision. Infor is not committing to develop or deliver any specified enhancement, upgrade, product or functionality, even if such is described in this document. Copyright 2013 Infor. All rights reserved. The word and design marks set forth herein are trademarks and/or registered trademarks of Infor and/or related affiliates and subsidiaries. All other trademarks listed herein are the property of their respective owners. INFDTP en-US
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