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Infor ERP Tips & News from the Experts

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

You can benefit from a business process review only if...

You can benefit from a business process review only if...

Infor LX | BPCS | Infor LN | Baan

Did you implement your ERP system 5 years ago… or maybe 20 years ago? At the time, it was like a brand new car… sleek, fast, top-of-the-line, and fuel-efficient. And although it may have needed a few minor “adjustments”, overall you were very pleased. Fast forward to today. Does it still have that new car smell? Does it run as efficiently as it used to? Do you know how to fix a problem when it occurs?

While ERP systems are certainly designed to last, over time, your business changes, your customers’ needs change, employees change and you are left with a system that may run “fine”, but you certainly don’t feel the same way about it as you did when it was brand new.

So the good news is that you CAN restore that “new car smell” with a utilization review, or business process review.

What is a Utilization or Business Process Review and Why Do I Need One?
Simply put, a business process review is an exercise designed to help businesses identify areas of improvement to become more agile, efficient, and streamlined.

Does my organization need a Business Process Review? 

While every company could benefit from conducting a business process review, it's only worth the time and effort if you have a specific problem you're trying to solve or a goal you are trying to achieve. Furthermore, and perhaps most importantly, organizations must be ready and willing to make changes. 

That's why a business process review is critical; it helps align processes, define goals, and thoughtfully plan and build solutions that help businesses achieve actual growth.

Our consultant reviews the current usage and related business processes of your entire Infor ERP system, or a particular area like Finance, Manufacturing, Materials Management, or Technology to make recommendations that will reinvigorate your Infor ERP system and those that use it.

Other benefits include:

  • Creating a consistent way of working across the business
  • Automating processes to reduce effort and increase productivity
  • Improving decision-making capability by providing access to real-time, reliable, and accurate information
  • Creating opportunities to improve your customer service levels and response times
  • Increasing your ability to attract and retain quality staff

Your ERP system may require some engine work, or it may just require an oil change and an expert to look everything over to make sure things are running smoothly. Either way – whether this is a project you take on internally or decide that you need some expert guidance from a company like Crossroads RMC, it is worth the time and investment to ensure peak performance.

Business process reviews can be performed 100% remotely via phone or web meeting, or in person – you choose what works best for your team.

Contact Us: 800.762.2077 | solutions@crossroadsrmc.com


 

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Tips:  LX | BPCS | M3

The system allows you to manipulate and maintain a simulated MPS and MRP. You can copy the simulation from the existing first cut, or you can create a totally new schedule. You can also perform a simulation of the rough-cut capacity plan. This allows a quick visual inspection by inquiry or menu of needed work center

loads for the proposed MPS. After you choose a suitable MPS and rough-cut capacity, the system allows you to transfer the simulated MPS to the live Master Production Schedule.

The challenge in cost accounting is tracking your manufacturing to the levels needed for useful management information. You need feedback for corrective action; but, you need to minimize the cost of collection. Some parts of your operation require specific job-cost tracking while the Just-in-Time areas require

costing in terms of cost per process hour or day. Apply overhead in different ways to different processes and products. Segregate costs into enough detail

to provide management with an accurate picture of the contents of your product. Material, material overhead, labor, fixed overhead, variable overhead, outside processing, outside processing overhead, and so forth all have to be considered.

 

LX meets your cost accounting needs with the following functionality:

▪ Four sets of costs: actual, standard, frozen standard, and simulated

▪ Nine user-defined elements per set

▪ Full and partial cost roll-up and simulation

▪ Cumulative in-process cost tracking

▪ Cost summaries by item

▪ Cost definition tied to work centers or material type

▪ Process hour costing

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Tips: LN | Baan

All actions required for converting, validating, matching, and posting electronically received bank statements can be performed within a single session:

  • Bank Statement Workbench (tfcmg5610m100)
  • Bank Statement (tfcmg5610m000)

Alternatively, you can use the sequence of electronic bank statement sessions outlined below.

Steps to Process Electronic Bank Statements:

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