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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

What are the biggest struggles manufacturers face with regard to tax compliance?

George Moroses 0 30757 Article rating: 5.0
  • Tracking thousands of SKU numbers that cross taxability rules or vary in taxability based on state
  • Getting the rates right and filing the reports correctly
  • Surviving an audit (which in this business is inevitable)
  • Keeping track of all the smaller jurisdictions and their special districts
  • Ensuring a seamless process that is audit-able
  • Figuring out what is taxable and what isn’t
  • Tracking use tax

As with other manufacturing processes, having a repeatable, consistent process with sales and use tax compliance means automation. Automating sales and use tax compliance with a solution that ensures that consistent, accurate process means a solution that delivers:...

Infor LX & BPCS: What are your production orders telling you?

George Moroses 0 30375 Article rating: 5.0

Measure what you want to improve.

Six simple words, but put together they convey a powerful concept that can transform manufacturing companies. It’s a basic concept that’s hard to argue with: Collect data, see where the data leads you, and make changes that have a positive impact on the data. Repeat often.

If your company is manufacturing a product, you’re more than likely creating manufacturing variances. These variances tell managers...

Is Your Infor ERP System the Elephant in the Room?

Crossroads RMC 0 32914 Article rating: 5.0

The Infor ERP Elephant in the Room That Must Be Addressed

In a recent survey of Infor ERP customers, we discovered that 50% of respondents said that they did not know whether or not their ERP system had the features and functionality required for their business.  50%....1 out of every 2……not good.

Why is this the case? Well, the causes can be traced back to one of the following reasons:

  • A key-person has retired or left the company and their knowledge left with them.
  • Systems were implemented based on how the previous system worked.
  • Upgrades and implementations were viewed as a “technical upgrade”, meaning that the upgrade was done to get off an old or outdated platform. The new version wasn't researched, its functionality was unknown and no one was trained on it.

You may say “So what? Who cares if our team doesn’t know what else is available, or how the rest of the ERP system functions? Does it really matter?”

Yes - It matters more than you think.... 

Infor LN & Baan Tip of the Week: Year End for Finance

Kathy Barthelt 0 63636 Article rating: 5.0

Year-End is always a busy time!

So busy that it's easy to forget things that must be done in your ERP system to close out the year properly and set you up for a good start to the following year. Here are some things to add to your to-do checklist.

The year-end close process provides an opportunity to:

Finance Specific Items:

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Tips:  LX | BPCS | M3

Tips: LN | Baan

Crossroads RMC AI Business Models: Generative AI Using ChatGPT

The Future is Here: Are You Ready to Embrace AI?

According to Deloitte's State of AI in the Enterprise Report:

  • 94% of business leaders believe AI is critical to their success strategy in the next 5 years.
  • 79% of organizations expect Generative AI to transform their operations within 3 years.
  • 56% are already leveraging Generative AI to boost efficiency and productivity.

AI isn’t just the future—it’s happening now. Where is your organization on its AI journey? Whether you're just starting or looking to expand, we’re here to help you take the next step, together.

We’re excited to introduce our latest professional service, Implementing Generative AI Using ChatGPT. This new service is designed to help organizations effectively leverage the power of generative AI in their operations.


Key Benefits of Implementing Generative AI Using ChatGPT by Department

Technology (IT & Development)

  • Accelerated Development: Automate code generation, debugging, and documentation.
  • Enhanced Cybersecurity: Identify vulnerabilities and generate security recommendations.
  • Improved Support: AI-powered chatbots assist with IT tickets and troubleshooting.
  • Data-Driven Insights: AI assists in analyzing system performance and optimizing infrastructure.

Operations

  • Process Automation: Streamline workflows, reducing manual effort and errors.
  • Supply Chain Optimization: Predict demand, improve logistics, and automate inventory management.
  • Customer Support Enhancement: AI-powered virtual assistants handle inquiries and FAQs.
  • Workforce Productivity: Automate routine tasks, allowing employees to focus on higher-value work.

Finance

  • Expense Reduction: Identify cost-saving opportunities and optimize financial planning.
  • Fraud Detection: Analyze transactions for suspicious activity and prevent financial risks.
  • Automated Reporting: Generate real-time financial summaries, forecasts, and risk analysis.
  • Regulatory Compliance: Ensure adherence to financial regulations with AI-driven audits.


Executives (Leadership & Strategy)

  • Informed Decision-Making: AI provides data-driven insights to guide strategic initiatives.
  • Competitive Advantage: Leverage AI to innovate and stay ahead in the market.
  • Improved Customer Experience: Personalize interactions and enhance service quality.
  • Scalability & Growth: AI supports business expansion with automated intelligence solutions.


Where does your team stand in the AI revolution? Let’s take the next step, together

Contact us to learn how our AI solutions can transform your business.  
800.762.2077  |  Request a Call  | solutions@crossroadsrmc.com

Crossroads RMC - Generative AI Using ChatGPT

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