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

Crossroads Connections

Infor ERP Tips & News from the Experts

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

Baan/LN Tip of the Week: January - Time to Reflect and Plan

Kathy Barthelt 0 73857 Article rating: No rating

Happy New Year! January is always a great time to reflect on the prior year – what went well, and what didn’t. It is also the obvious time to plan for the coming year – what do I want to accomplish and how can I best achieve my goals?

As the saying goes, “you can’t improve what you can’t measure”, so if you haven’t already, it is time to start putting processes, procedures and programs in place within your company to measure how well each department is doing against their objectives. Start to analyze your numbers and publish them internally. Where are you at currently? Where do you want to be? Seeing both sets of numbers pushes employees to hit those targets. Do this now, and you’ll be seeing positive results before you know it!  

Optimize Your Manufacturing Today!

Clack Corporation Goes Live on LN 10.4

Kathy Barthelt 0 26499 Article rating: 5.0

Clack Corporation, a leader in water treatment and plastic processing, has gone live with Infor LN 10.4. The Crossroads RMC team partnered with Clack in this very important technology initiative for the company. With Clack’s dominance in the industry, they were challenged to provide a top-notch ERP system that would keep up with their ever-expanding business needs. LN 10.4 provides the right tools, specifically geared towards industrial manufacturers such as Clack. Combined with the Crossroads RMC Shop Floor Data Collection Solution for LN, Clack is positioned very well for growth in the years ahead.

BPCS/LX Tip of the Week: Financial Year End – Have you done all you need to do?

Anthony Etzel 0 50071 Article rating: No rating

I'm reposting this checklist for things to consider in order to finish out the current year, and plan for next year…

  • Are your accounting records up to date so you can make a projection of how the current year will turn out?
  • Are all account reconciliations up to date to facilitate the closing of the books after year end?
  • Are there accounts receivable that should be reserved for or written off prior to the end of the year?
  • If your business carries inventory, do you need to plan a physical count as of the end of the year?
  • Has depreciation on your fixed assets been recorded during the year? Have you considered depreciation on current year additions?
  • Have all new asset purchases and bank loans been recorded on your books?
  • Are there any liabilities, for example, pending legal actions or warranty issues, which will need to be recorded prior to year end? 
  • Do you have a plan in place to properly “cut-off” revenue at year-end to properly match revenue and expense?
  • Will there be bonuses, profit sharing contributions or discretionary retirement plan contributions paid prior to the end of the year? How will these payments affect cash flow?
  • Will you be in compliance with your bank covenants at year end?
  • Do you need to make arrangements to receive statements as of the end of the year for cash value of life insurance, loan balances, etc.?

Optimize Your Manufacturing Today!

Baan/LN Tip of the Week: Financial Year End – Have you done all you need to do?

Kathy Barthelt 0 83591 Article rating: No rating

I'm reposting this checklist for things to consider in order to finish out the current year, and plan for next year…

  • Are your accounting records up to date so you can make a projection of how the current year will turn out?
  • Are all account reconciliations up to date to facilitate the closing of the books after year end?
  • Are there accounts receivable that should be reserved for or written off prior to the end of the year?
  • If your business carries inventory, do you need to plan a physical count as of the end of the year?
  • Has depreciation on your fixed assets been recorded during the year? Have you considered depreciation on current year additions?
  • Have all new asset purchases and bank loans been recorded on your books?
  • Are there any liabilities, for example, pending legal actions or warranty issues, which will need to be recorded prior to year end? 
  • Do you have a plan in place to properly “cut-off” revenue at year-end to properly match revenue and expense?
  • Will there be bonuses, profit sharing contributions or discretionary retirement plan contributions paid prior to the end of the year? How will these payments affect cash flow?
  • Will you be in compliance with your bank covenants at year end?
  • Do you need to make arrangements to receive statements as of the end of the year for cash value of life insurance, loan balances, etc.?

Optimize Your Manufacturing Today!

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Tips:  LX | BPCS | M3

Tips: LN | Baan

George Moroses
/ Categories: Infor, WorkOutLoud

Crossroads RMC Presents 4 Must-Attend Sessions at inPOWER 2024

September 23-26, 2024

Crossroads RMC Presents 4 Must-Attend Sessions at inPOWER 2024
Empower Your Business with Innovation

September 23-26, 2024

As a Gold Sponsor, Crossroads RMC is thrilled to present four impactful LX Track sessions this year, designed to inspire and empower attendees to drive success within their organizations:

1. Dive into IDF for LX (Session 3-Lapham 4 Room 2 -Tues, 3:15pm-4:00pm) Presented by Nick Olson / Crossroads RMC
Take your system to the next level with the latest release of IDF for LX. This session will show you how IDF’s powerful modernization and personalization features can transform your enterprise. Learn how the new release simplifies deployment and offers an enhanced web-based experience, giving your organization the tools needed to stay innovative and competitive in today's fast-paced market.

2. AI-Powered Sales Portal for IBMi (Session 4-Hearthside Room 1 -Tues -4:15pm-5:00pm) Presented by Tarak Patel & Frank Petrasio
Discover how cutting-edge AI technology is revolutionizing the buying experience for manufacturing customers. Learn how AI can help attract new buyers, guide them to the right products, increase order values, and streamline the sales process—all while keeping your channel partners engaged. This session shows how AI can give your business a competitive edge.

3. Patch Management (Session 6-Hearthside Room 1 -Wed, 9:15am-10:00am) Presented by Tim Baker / Crossroads RMC
Stay ahead of the curve by mastering patch management. This session will equip you with the knowledge and strategies needed to efficiently manage patches in your environment, ensuring system reliability and security. Learn what it takes to maintain a smoothly functioning system, reducing downtime and enhancing operational efficiency.

4. Leveraging Infor’s Tools for System Integration (Session 7-Hearthside Room 1 -Wed, 10:15am-11:00am) Presented by Tim Baker / Crossroads RMC
Unlock the potential of Infor’s integration tools to streamline your business operations. Learn how to leverage LX Connector, LX Extension, ION, and PI to integrate with other apps, enabling faster, more efficient workflows and improving overall system performance. Don’t miss out on strategies that can help you future-proof your system and keep your organization agile.

Can’t make it to the conference? Reach out to us for more details on these game-changing sessions and how they can benefit your organization! 800.762.2077

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