Darci Snyder, vice president, product management, Infor. “Infor understands that a successful organization is one that can optimize cash flow, which in turn will support better strategic decision making across departments and organizations. By developing these two new applications, we are taking the guesswork out of these financial functions and simplifying the process - providing faster access to more complete information.”

Infor Lawson Cash and Treasury Management will specifically target manual processes, disparate systems, and redundancies. The application is aimed at driving automation, visibility and collaboration, while helping organizations analyze enterprise-wide cash requirements, alleviate manual reconciliation of bank account statements and spreadsheet-based cash requirements, maximize liquidity, and optimize use of cash resources automatically. Infor says that organizations can better centralize bank information, automate cash management and forecasting, provide daily cash positions, validate actual transactions against forecasts and interface into Infor Lawson General Ledger.

“We chose Infor Lawson Cash and Treasury Management to replace manual, cumbersome, and labour-intensive tasks. This will ultimately save the team hours of time on cash and treasury processes,” said Bill Imholte, finance manager at Allina Health, a beta customer with this application. “Through this partnership, we will now be able to streamline our bank statement data to avoid processing duplicate files, expedite our check reconciliations, and automate our daily cash position and cash forecasts for increased cash visibility.”

Infor Lawson AP Invoice Automation is designed to streamline the accounts payable processes for organizations. By providing invoice and AP automation solutions, Infor will help drive significant cost savings and enhanced accountability through a more complete financial solution that easily handles both PO and non-PO invoices. “As we move to more centralized processing within our AP department, the dashboards within AP Invoice Automation will help my team keep track of invoices, monitor workload, and ensure that we’re approving and paying invoices in a timely fashion,” says Sabrina Flannigan, Manager, Accounts Payable, at Kelsey-Seybold Clinics.

With Infor Lawson AP Invoice Automation, organizations will be able to better simplify invoice review and approval to help reduce costs for processing invoices, provide faster access to more complete information about invoices and their status, improve utilization of early payment discounts, automate cumbersome business processes, and deliver more visibility into the entire AP process.

INFOR