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

The Best BPCS | Infor LX Financial Reports to Analyze Company Performance

George Moroses 0 32609 Article rating: 5.0

You know what ERP data you need to analyze your company’s financial health, but sometimes it is a struggle to get that data in a format that is meaningful. Here are some reports in BPCS & Infor LX which you may find useful.

As is the case with most ERP reports, with each version progression from the earliest versions of BPCS to the latest version of Infor LX, there are improvements in selection criteria and report content. Some may require some setup and others may require some formatting if you would like to export them to Excel. Contact me if you have questions or need assistance.

BPCS & LX FINANCE:

Finance: How much time are you wasting on manual processes?

Crossroads RMC 0 32243 Article rating: 5.0

Time-consuming processes around month-end close, year-end close, AP matching, invoicing, account reconciliation, vendor payments, tax compliance, and more can weigh down a Finance team. Your business and your customers’ needs have changed and you are in a constant battle to keep up. It's hard to know which area to tackle first and where the greatest impact can be made.

That's where the Crossroads RMC Finance Utilization Review comes in.
Whether you're on an old version of BPCS or Baan, or the latest version of Infor LX or Infor LN, odds are there are aspects of Finance in the ERP system that doesn't fit your business's current strategy. Do you throw out the software and start with something new? Odds are that is overkill. Sometimes it just boils down to taking the time to understand how your current state matches up with your corporate strategy, understanding the gaps, and developing a plan to get you from point A to point B.

We have successfully helped companies transform their business in the areas of:

  • Procure to Pay
  • Record to Report
  • Quote to Cash
  • Financial Planning & Analysis

Our Finance consultants have 30+ years of experience that bring about REAL...

Analytics Dashboard Pre-configured views for Infor LX | BPCS | Infor LN | Baan | Infor M3

ERP Reports: Get EXACTLY what you need when you need it for as little as $125/user/month

Crossroads RMC 0 32188 Article rating: 5.0

Everyone understands the importance of ERP reporting, but what if you’re relying on the wrong reports?

Having access to ERP data in a usable format allows for a common understanding and the ability to take action based on what the data is telling you. What do you do if the way your data is presented is not useful, or flat out wrong?

How can your reports be wrong? That would mean that the data is wrong, wouldn’t it?
Not necessarily. Reports are wrong because they are stagnant. They represent the truth ONLY at the moment they are run. If that data is shared with others within your organization, the information the report(s) is trying to convey has already changed. Decisions are then made on bad information.

What is preventing you from upgrading your Infor LX or BPCS ERP System?

George Moroses 0 39526 Article rating: 5.0

Your answer to this question is likely customizations… customizations that were once the best thing since sliced bread but now have become the bane of your existence.

There is something you can do about it! 

Crossroads RMC has many options for LX & BPCS when dealing with customizations:

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Tips:  LX | BPCS | M3

Anthony Etzel
/ Categories: Infor LX & BPCS Tips

BPCS/LX Tip of the Week: Getting the Most Out of the Shop Order Inquiry Program – Part 2

Understanding: How many hours remain in total and at each operation?

Now let’s look at what information is being supplied from the shop floor.

It’s not uncommon for transaction reporting to be captured manually on the shop packet that was issued to the factory floor when the SO was released.

The big question is, is anything done with the data? Is it collected and keyed to a  spreadsheet and not shared, or is the transaction data keyed to SFC600? If it is being keyed, ask how often and by whom? Some companies use alternative methods to capture transaction data that do not require batch keying via a keyboard.

Not a lot of data is required to be keyed to SFC600 in order for the SO Inquiry to be useful. The data that should be reported for the transaction process is as follows:

  • The type of hours being reported – machine, run labor, setup labor
  • If reporting setup and run labor you want an employee clock number
  • The shop order and the operation that is being reported
  • Is the operation complete
  • How many good were produced at this operation
  • How many hours – the numbers of hours are critical. Do the employees estimate how many hours they worked, or do they track actual time started and stopped in order to calculate the actual number of hours.

Based on what is captured and how often will have an impact on the SO inquiry screen. Understanding the batch times as to when the transactions are keyed will provide you with the window as to the SO status at that point in time. Or, are they keyed as they happen in a near real time fashion so that you can have a more current view of the factory floor.

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