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Reece Group Taps Infor to Accelerate Growth

Australia’s leading plumbing and bathroom supplies business Reece Group has recently chosen Infor Warehouse Management System (WMS) multitenant software-as-a-service (SaaS) solution to further optimise its operations and grow its business internationally. Per the press release, Reece Group chose Infor WMS MT SaaS to enable quicker system rollout at new sites, improve operations and labor efficiency, and speed up turn-around times. All while managing demand peaks and volumes. Further, Infor WMS is an advanced warehouse management system that delivers high speed and accuracy. It provides unprecedented visibility into inventory, orders, equipment, and people to empower organizations to enrich service levels and increase product velocity.

 

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Three Reasons For Your Business To Consider A CRM With Invoicing

Software as a Service (SaaS) trends are changing everyday, with customer relationship management (CRM) one of the busiest offerings out there. As more and more businesses embrace CRM systems, a lot more features are constantly offered to supplement. But do you need to add so many bells and whistles to your CRM system? Maybe not all, but there is one feature you may benefit – invoicing. Forbes Councils Member Dimitri Akhrin shares an article highlighting three reasons for your business to consider having a CRM with invoicing available to greatly benefit from your system.  They are:
  1. Data In One Place. “One of the main reasons why CRMs exist is to help you consolidate data. Your leads, their contact information, their history with your company, key people in the company, interests — these all belong in one place, and this consolidation makes the sales job even easier. Once you strike a deal, be sure to immediately send an invoice from the CRM so that you don’t have to chase them through emails or some other communication method.”
  2. Revenue Analytics. “If you send invoices and get payments through your CRM, you can immediately know how many of your sales in the pipeline pay and how many of them fall through the cracks. This way, you’ll have a clear overview of which channels bring in the most conversions. Moreover, you’ll know if any invoices are outstanding and which customers aren’t paying up.”
  3. Time Savings. “As you probably know, before prospects become leads, they don’t get invoices — they get quotes. Consider a CRM that gives you the option of turning a quote into an invoice with one click. Moreover, keep in mind that you’ll be able to apply any special offers or discounts immediately from the CRM. If you have international customers, this part of the app will take care of different currencies and conversions, so you don’t have to worry about anything but selling.”

 

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Accor Transforms its Accounting System for Hotels in Middle East with Infor SaaS Solution

Accor IMEA, an augmented hospitality leader, is transforming its accounting systems with Infor SunSystems, a powerful financial management solution, on AWS. This transformation will benefit the business from an anticipated rebound in the region’s hospitality sector as a result of the impact of the COVID-19 pandemic. Per the press release, Accor has deployed Infor SunSystems to develop its new chart of accounts, and to manage and automate the finances for its hotels in the India, Middle East, Africa and Turkey region. The switch from an on-premise to a cloud solution will help the hospitality business standardize its systems, and improve overall efficiency, oversight and security. Further, Accor will streamline its budgeting and forecasting processes, enabling hotel managers to improve their ability to plan ahead. It will drastically reduce downtime caused by hardware problems and software updates.

 

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5 ways to leverage ERP in the cloud without throwing away millions

Not too long ago, the concept of moving your business to the “cloud” was a cautious and risky gamble. Nowadays, almost everyone is utilizing cloud technology. Like many current technological trends, how to take advantage of cloud services and how to do it right is just as important as actually moving forward with it. Enterprise Resource Planning (ERP) solutions are taking advantage of cloud migration to provide a better user experience for everyone involved in a company. Michael Bathon as Diginnomica explains how a person must understand the full range of cloud deployment, know where they want the direction of their business to go, and consider alternatives before deciding to put their company on that path. Bathon further shares 5 ways to leverage one’s ERP system in the cloud below:

  1. Use SaaS where it makes sense – There are drawbacks to SaaS, but even if you won’t move the whole company, SaaS ERP might make sense for a division, a newly acquired company, or your distributed salesforce.
  2. Lift and shift trusted applications – Those who don’t think their organization needs a heart transplant still may conclude it needs to build new muscles. They can begin running their existing ERPs (customizations and all) on cloud infrastructure and gradually weave in other cloud services.
  3. Take advantage of world-class infrastructure – Unless you work for a Fortune 100 company that has made considerable investments in building cloud-like data centers, and they focused their new investment where it will drive competitive advantage and growth, you can’t hope to match the economies of scale and DevOps expertise that exist within companies such as Amazon Web Services or Microsoft Azure. These are resources you could never hope to field on your own.
  4. Access leading-edge cloud resources – Strategic use of the cloud allows you to begin asking questions and creating solutions that otherwise would have lingered forever out of reach because of cost and technical barriers. Taking advantage of advanced cloud services becomes much more practical when your applications and data are already there. Microsoft, Amazon and Google are investing billions in creating next generation data management tools – and you can take advantage of them for pennies on the dollar.
  5. Earn your cloud cred – IT leaders of today who are not prepared to go all-in on the cloud as your modernization strategy must often be prepared to explain themselves because “everybody knows” the cloud is the future. You may indeed score points with company leaders by showing you are embracing that future.

You do not have to more everything to the cloud, and you should not rush the migration process either. Strategically mapping out what you can benefit from cloud technologies to better your business is the first step. Remember, Bathon suggests that it’s “about taking a ‘business first’ not a ‘cloud first’ approach.”

 

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IDC Cloud Spending to Grow 21% by 2021

Over the next 5 years, it is predicted that $266 billion will be spent on public cloud services and infrastructure amounting to a 21% growth rate. There has been a 33% increase of the amount of Software as a Service (SaaS) apps that companies use since last year alone. The reason so many companies are utilizing SaaS is because of it’s ability to deliver better service and products. SaaS helps with cleaning up revenues and investment decisions. However, it is likely that with a 30% annual growth rate of both Infrastructure as a Service (IaaS) and Platform as a Service (PaaS), these cloud services will surpass the use of SaaS. Interestingly enough, the cloud infrastructure as a whole now accounts for 58.7% of the overall expenses on IT infrastructure products, which is significantly faster than traditional IT infrastructure.

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5 ERP Trends to Know About This Year

With the ever-growing Enterprise Resource Planning (ERP) software, it’s no doubt there will be more innovations in this management system this year. Here are a few ERP trends to be familiar with for 2017.:

  1. The Move to SaaS – the difference between traditional ERP applications and SaaS-based apps can be thousands of dollars.
  2. SaaS-Only and Mixed ERP Options – Often times you can integrate SaaS to a Mixed ERP tool so that you won’t be starting from scratch.
  3. ERP for the Subsidiary – companies are testing the waters of the SaaS ERP by implementing it into one part of the company before replacing the ERP whole-hog.
  4. Competition from Disruptors – SaaS ERP vendors targeting large enterprises is stark competition for ERP leaders.
  5. The Internet of Things – Be looking to large enterprises to begin building out their IoT) ecosystems and leveraging ERP tools to take action on the data created by this connection.

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7 cloud technology predictions for 2017

There’s no denial that cloud technology saw impressive growth in 2016. Companies like Amazon and Microsoft embraced the technology and saw increased sales. And there’s no sign of a slowdown. Below are seven predictions for cloud technology in 2017 from cloud market experts.

  1. When faced with a hardware refresh, more companies will turn to the cloud rather than new equipment.
  2. Cloud vendors with incomplete solutions will continue to form surprising alliances.
  3. CISOs will increasingly see cloud migration as a risk mitigation strategy.
  4. New Software as a Service (SaaS) will emerge to help people manage cloud-based resiliency.
  5. Machine learning will begin to enable the prediction of application downtime and duration.
  6. Cloud apps providers will build more native logging and audit features.
  7. Companies will continue to implement multi-cloud models.

Are your predictions on the list? What other predictions do you have?

 

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Infor Announces Demand+ to Help Accelerate Supply Chain Forecasting

Infor Demand+ is a new application that is designed to simplify and accelerate supply chain forecasting processes and leverage a modern intuitive planning experience. It offers pre-configured industry templates, enhanced functionality in demand analytics and weekly forecasting, as well as the use of the latest Infor technology including the user experience and the expectation of future software-as-a-service (SaaS) offerings. Additional features include:

  • Consumer-Grade User Experience
  • Advanced Forecasting & Improved Accuracy
  • Pre-Configured Best Practice Template
  • Wide-Reaching Business Collaboration Capabilities
  • Performance Dashboards

“Staying on top of current supply and demand is a never ending cycle with manufacturers and distributors… Infor Demand+ helps our customers better forecast their future needs,” says John Bermudez, Infor VP Product Management.

 

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