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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

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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

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.

Crossroads RMC’s Analytics Dashboard presents your data in an easy to read format and queries the ERP database in real-time.

Use the dashboard to do things like:

  • Display completions or efficiency information on large monitors on your shop floor
  • Provide executives with a daily overview of financial or sales data
  • Track on-time delivery percentages
  • Monitor inventory levels and usage across multiple facilities


The Analytics Dashboard comes with a full set of pre-configured views for Infor LX | BPCS | Infor LN | Baan | Infor M3 to provide an immediate impact in all areas of your business and allows for user-defined dashboards to be created in just minutes.

Get EXACTLY what you need when you need it for as little as $125/user/month.

800.762.2077  |  solutions@crossroadsrmc.com  |  request a demo

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Tips:  LX | BPCS | M3

Establishing the Quantity On-Hand and the Quantity Available.

LX maintains buckets for information associated with the following inventory transactions for each item:

  • Opening Balance
  • Issues
  • Receipts
  • Adjustments
  • Allocations for the Customer
  • Allocations for Manufacturing


The on hand quantity does not include any allocations. To arrive at the on hand quantity, start with the opening balance, less any issues, plus any receipts, then add or subtract any adjustments. Available inventory is the on-hand less any allocations.

 

 

Understanding: The Cycle Count Alternative

The best way to cycle count is to count the same number of items each day and at the same time each day. The goal is to count your “A” items 4 times a year. The “A” items should be those item that are about 80% of the total inventory value and 20% of the total items. Consider creating your own cycle count schedule then instead of using the cycle count transaction, use the inventory adjustment transaction. The item balance is changed at the time the transaction is keyed. The transaction list can be used for the reconciliation process.

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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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