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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

Digital Transformation & Your ERP

70% of global executives said the pandemic will accelerate their digital transformation pace

Crossroads RMC 0 1312 Article rating: 5.0

Transformation: (definition)  A thorough and dramatic change.

We all dream about it….how can we transform ourselves into something better…something more desirable? Maybe it is our appearance that we want to improve, maybe it is our physical strength and stamina, or maybe it is our mental toughness.

Have we thought about transformation when it comes to our businesses? More specifically, our ERP systems that are the lifeblood of our businesses?

When it comes to this type of transformation, we’re talking about a digital transformation. This means taking...

Manual Processes Are Killing Your Productivity

Infor LX | BPCS | Infor LN | Baan

Crossroads RMC 0 2022 Article rating: 5.0

Nearly 70% of workers say that the biggest opportunity of automation lies in reducing time wasted on repetitive work.

Which repetitive tasks would workers most like to see automated? A recent study by McKinsey Global Institute found that there are three productivity killers that workers are eager to automate:

  1. Data Collection: Eliminate human error and manual data entry by automatically collecting, uploading, or syncing data into a system of record (55%).
  2. Approvals: Become more efficient by automating approvals, sign-offs, and confirmation requests (36%).
  3. Updates: Reduce wasted time by automatically requesting status updates and other information (32%).

Workers believe that automating these tasks will reduce wasted time (69%), eliminate human error (66%) and recover hours lost to manual, repetitive tasks that could be automated (59%).

Too expensive you say? Too big of an effort to make it happen?  Not necessarily...

Manufacturing vs. Operations vs. Finance: Who WINS?

Infor LX | BPCS | Infor LN | Baan

Crossroads RMC 0 1814 Article rating: 5.0

Manufacturing Goals: develop high-quality products and services in response to the demands of the market, improve efficiency and maximize capacity utilization.

Operations Goals: utilize resources, labor, material, and equipment effectively in order to match supply and demand.

Finance Goals: analyze revenue growth opportunities, control costs, and maximize profitability.

So, who WINS?

3+ Reasons to Invest in Automated Tax Compliance with Crossroads RMC & Avalara

Crossroads RMC 0 3873 Article rating: 5.0

Without automation, your tax professionals are buried in endless tasks that should be offloaded. Every hour spent on tax management is an hour lost on other, more important, parts of your business. Then, of course, there is the audit risk, UGH!

Crossroads RMC and Avalara provide seamless integrations to Infor LN (ERP LN), Baan, Infor LX (ERP LX), and BPCS.

Want to learn how automating tax compliance can benefit your company? Click on each success story below to find out how a partnership between your organization, Avalara, and Crossroads RMC can be a HUGE WIN for your business!...

It’s mid-January and IT’S GO TIME!

Infor LX | BPCS | Infor LN | Baan

Crossroads RMC 0 2176 Article rating: 5.0

The calendar is fresh, the resolutions are made and the opportunities are endless!

So, it is time to dive right in and start tackling your to-do’s?

Right??

...Not just yet!

First, you need to take the time to think about your ERP strategy.

What’s an ERP strategy?

Infor LX & BPCS | Infor LN & Baan: Accuracy & Productivity Aren't Important!

Crossroads RMC 0 3849 Article rating: 5.0

Oh, you think they are?

Well, you might want to take a hard look at HOW you’re running your Infor ERP system.

  • Have you been able to eliminate large amounts of data entry for your staff?
  • Do all of your systems talk to one another?
  • Is your data error-free at month end?

If the answer is no, your company would likely benefit from...

Infor LN & Baan Tip: Financial Integration Mapping Scheme

Kathy Barthelt 0 4416 Article rating: 5.0

Transactions to be mapped - In the mapping scheme, you must define the ledger mapping and the dimension mapping for these types of transactions:

  1. Financial integration transactions resulting from logistic events in Operations Management.
  2. General Ledger transactions.
  3. Procurement card transactions in Accounts Payable.


In addition, to support dimension accounting...

Is it time to get more out of Infor LN & Baan?

Kathy Barthelt 0 5292 Article rating: 5.0

As crazy as it sounds, we’re about to enter the 4th Quarter of 2021. How are you doing on your 2021 goals? Planning for 2022 projects? Maybe it's time to get more out of your Infor ERP system.

TIME TO UPGRADE or NOT?

Is an upgrade to the latest version of Infor LN the goal for 2022? If so, Crossroads RMC brings 35+ years of industry experience to the table to ensure that your upgrade achieves the results you’re looking for and does so on time and on budget. Our goal is to delight your users and maximize the efficiencies that your business can gain from implementing best-of-breed business practices.

Crossroads RMC's team of expert consultants will...

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Tips:  LX | BPCS | M3

Enterprise General Ledger (EGL) provides audit attributes to track journal entry changes and approvals.

To implement this enhancement, you can request and apply MR 81026.

This enhancement provides audit attributes for the last maintained user, date, time, and approval user, and date, and time on the Financial Journal Entry and Financial Journal Entry Lines. This audit function provides visibility to who and when the journal was last maintained and to who and when the journal was approved.

The programs or areas impacted include:

  • Financial Event
  • Financial Journal Entry
  • Financial Journal Entry Line
  • Financial Journal Entry Detail Line
  • Post Multiple Events

Did you know CLD provides you with the following benefits?

▪ You can journalize and post-transaction data from any third-party application or Infor LX subsystem to the Configurable Ledger (CLD).

▪ You can generate multiple journal entries across different charts of accounts, ledgers, and books within the CLD from one transaction line.

▪ You can automatically post transaction amounts across different books using an appropriate exchange rate between the batch transaction currency and target book currency.

▪ You can use validation reports to identify validation errors within the files that contain batch transaction data and then you can make any necessary corrections before resubmission.

▪ You can use standard CEA grouping and summarization options for journals created during Batch Transaction Processing.

▪ You can interface GLD journal entries into CEA for the BPCD version of Infor LX. This allows data to be interfaced into CEA without changing the way data is processed through Infor LX subsystems.

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Tips: LN | Baan

Watch this short video created by Infor which discusses the single/multi-logistic and finance concepts from Baan IV and Baan V and how that has changed in Infor LN with the introduction of Sites. With the Site concept and especially with the Job Shop by Site concept much more flexibility is provided.

Click to play Company versus Site Infor Video (16:19)

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