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Infor LX Tips, Infor LN Tips, BPCS Tips, Baan Tips, Infor M3 Tips & Infor ERP News

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Infor ERP Tips & News from the Experts

Infor LX | Infor LN | BPCS | Baan | Infor M3

Infor LX & BPCS Tip: Mastering the Latest Infor LX Innovations for Manufacturing Excellence

George Moroses 0 16907 Article rating: 5.0

Are you keeping up with all things LX?

Get updates on product bulletins, alerts, and announcements regarding the Infor LX product line and related products and technologies such as Infor OS, System i Workspace Anywhere, WebTop, IDF, Operating Systems, and Java support as it relates to Infor LX, please follow this knowledge base article: KB 1397381.

This was updated as recently as February 23, 2024!

DON'T MISS - 8 Ways to Modernize your IBM i product– Topic #1: Best practices for improving security

Thursday, February 15, 2024 - 10am EST | 9am CST

George Moroses 0 16298 Article rating: 5.0

From internal controls to data protection, elevate your company’s security standards by exploring best practices that enhance both data protection and segregation of duty issues. Risk Management, Audit, IT, and Finance Officers are all invited to hear strategies that are used by fellow IBM i (LX, XA, System21) customers for modernizing and strengthening their prior vulnerabilities. 

Hosted by Peg Tuttle from the IBM i podcast, “The Incredible i Show,” join us to hear insights from both Infor leadership and your industry peers on:

  • How version upgrades have tightened internal control loopholes.
  • Structural IBM i advancements designed to safeguard your organization.
  • IBM i ecosystem solutions that strengthen both data and access vulnerabilities.

Don’t miss this first fireside chat, Eight Ways to Modernize your IBM i product – Topic #1 of 8: Best practices for improving security.

Register today!

By 2026, 75% of organizations will base their digital transformation model on the CLOUD!

Crossroads RMC 0 14656 Article rating: 5.0

Gartner forecasts that by 2026, 75% of organizations will anchor their digital transformation strategies in cloud computing.

Public cloud investment is expected to hit $724 billion by 2024, highlighting the sector's rapid expansion. Yet, selecting the appropriate infrastructure is critical, necessitating carefully evaluating various factors.

A detailed TechTarget article examines the advantages and disadvantages of on-premise and cloud solutions...

6 Ways Disconnected Data is Harming Your Business

Yikes!

Crossroads RMC 0 15525 Article rating: 5.0

Disconnected data – What is it?

no​ The spreadsheet that your warehouse manager has off to the side to track his inventory levels and expected shipments from your key suppliers.

no The email orders from your dealer portal waiting to be manually keyed into your ERP. 

Disconnected data is a set of information stored separately from the main system that is used to run your business (your ERP system). The data is valuable and lack of visibility to that data creates problems throughout the organization. Far more than you realize.

A 2023 study by enterprise automation provider Snaplogic and Vanson Bourne researchers showed the following:

Avoid Being a Quitter: How Crossroads RMC Can Help You Achieve Your Goals

Unlocking Success Infor LX/BPCS & Infor LN and Baan

Crossroads RMC 0 14784 Article rating: .2

Avoid Being a Quitter

As the calendar flips to January 1st, it marks the beginning of a new year filled with fresh opportunities and resolutions. It's that time when many of us set ambitious goals for ourselves, both personally and professionally. But, how often do these aspirations fizzle out before we even hit the second Friday of the year? It's so common that they even call it "Quitter's Day." However, it's not too late to stay on track and realize your ambitions. In this article, we'll focus on the professional side of goal-setting and how Crossroads RMC can be your ally in achieving manufacturing excellence.

Step 1: Make Your Goals Bite-Sized

Infor LX & BPCS Tip: System i Workspace AnyWhere information and Important Support Dates for IBM and Microsoft Products

George Moroses 0 26104 Article rating: 2.5

System i Workspace AnyWhere is a web application framework that provides a common user interface for Infor’s IBM i products.

*** We strongly recommend that you subscribe to this KB to receive automatic notification when it is updated ***

Latest Updates
System i Workspace AnyWhere - Feature Pack 22 is now available - see the Update History section below (as of January 4, 2024)

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Tips:  LX | BPCS | M3

Tips: LN | Baan

George Moroses
/ Categories: Infor LX & BPCS Tips

Infor LX & BPCS Tip: Automated Approach to Your Cash Application Process with ARP

Advanced Remittance Processing, ARP, provides an automated approach to your cash application process. ARP works together with Accounts Receivable to save valuable time and resources by automatically applying incoming payments to open receivables during daily batch processing. You can easily and efficiently resolve unapplied remittances online.

Advanced Remittance Processing (ARP) is an automatic cash application process that allows you to perform the following functions:

  • Receive lockbox deposits electronically from your banks on the day the payments are deposited
  • Automatically apply the majority of the day's receipts to open items in accounts receivable in one batch process
  • Perform online disposition of exceptions the system encounters during the automatic cash application process
  • Generate a complete set of daily reports and maintain historical deposit and payment information online to allow you to audit all cash applications

The ARP automatic cash application process can be summarized in a series of operations that highlight the labor savings provided. ARP processing requires some setup to ensure that the process operates as efficiently as possible.

ARP allows you to perform the following operations:

  • Receive/Edit Bank Transmission of Lockbox Deposits
  • Identify/Assign Customer Numbers
  • Select Customer Open Items
  • Summarize Open Items Extracted
  • Check Application Against Open Items
  • Produce Reports Recapping Check Application Process
  • Create Disposition and On-Account Payment Records
  • Report Check Differences
  • Create Applied Checks Interface Records to Accounts Receivable
  • Flag Disposition Records as Temporarily Paid on Ledger File
  • Update A/R Ledger and Audit Files
  • Open Item Extraction

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