Infor, a provider of business application software, has launched Infor CloudSuite Financials, a financial management application built for the cloud.
This solution is targeted at chief financial officers and financial professionals. The existing solutions are not sufficient for the present needs of finance professionals.
“Even those considered to be modern are merely version 2.0 of first-generation financial management. The industry needs a functional change," Duncan Angove, President of Infor, said here in a statement on Tuesday.
The US-based firm has a base in Hyderabad.
Infor CloudSuite Financials integrates multiple functions traditionally requiring different systems into a single suite. It combines multiple applications such as treasury applications, business intelligence, and treasury and cash management into one application
“It thus helps eliminate redundant and error-prone steps that require human intervention, and simplifies management of complex businesses with multinational operations and multiple ledgers,” the statement said.
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