NEW YORK, Sept. 25, 2018 /PRNewswire/ -- Infor, a leading provider of industry-specific cloud applications, today announced the availability of Infor CloudSuite Federal Financials & Supply Chain Management, a next generation application set to deliver a step-change in financial management for the public sector. Designed to fit the needs of today's modern users, it is role-based, data driven, consumer-inspired, built for the cloud, and delivers Federal-specific capabilities. Infor CloudSuite Federal Financials & Supply Chain Management will help federal agencies reduce the risk, cost, and complexity of financial management modernization.
"Infor is heavily investing in the public sector, helping equip organizations with modern applications built for their specific needs, including having already achieved FedRAMP authorization status for the Infor technology stack and its Enterprise Asset Management solution," said Wayne Bobby, vice president, Infor. "Infor understands that federal government agencies need solutions to help them achieve greater efficiency and an increased focus on mission objectives, which means financial systems must be running as smoothly and as cost effectively as possible. Infor CloudSuite Federal Financials & Supply Chain Management was developed specifically to help meet our customers' goals."
Infor CloudSuite Federal Financials & Supply Chain Management is being developed with defined legislative and statutory federal financial management system requirements in mind. This solution will also improve budget management, provide better visibility into financial performance and real-time visibility into payment and improvement processes, and allow users to gain quicker insights using self-service and pre-built, delivered analytics.
"Infor CloudSuite Federal Financials & Supply Chain Management is designed to manage today's complexity with the flexibility to easily support regulatory changes of tomorrow," notes Nadine Thompson, product manager, Infor Public Sector.
With Infor, organizations can simplify the way people work through a web-based user interface that is focused on usability and productivity. This release includes the ability to deliver United States Standard General Ledger (USSGL) accounts, and processing and editing. Also, Infor CloudSuite Federal Financial & Supply Chain Management was designed to record, track, control, and report funds authorized at various funding levels, and is structured to facilitate appropriations, apportionment, and allotment of funds to various budget levels. It includes a Federal budget execution framework, Federal year-end closing rules & processing, and allows for Secure Payment System (SPS), Payment Modernization (PAM), Classification Transactions and Accountability (CTA) bulk file creation. And, since Infor CloudSuite Federal Financials & Supply Chain Management is built for the cloud, federal agencies can reduce the cost of managing and maintaining operating systems.
Infor builds business software for specific industries in the cloud. With 16,500 employees and over 68,000 customers in more than 170 countries, Infor software is designed for progress. To learn more, please visit www.infor.com.
This announcement reflects the direction Infor may take with regard to the specific product(s) described herein, all of which is subject to change by Infor in its sole discretion, with or without notice to you. This announcement 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 announcement and even if such description is accompanied by words such as "anticipate," "believe," "expect," "intend," "may," "plan," "project," "predict," "should," "will," and/or similar expressions. Many factors can affect Infor's product development plans and the nature, content and timing of future product releases, all of which remain in the sole discretion of Infor. This announcement, in whole or in part, may not be incorporated into any contractual agreement with Infor or its subsidiaries or affiliates. Infor expressly disclaims any liability with respect to this announcement.
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