In Infor, a provider of business application software serving more than 70,000 customers, has announced that Emkay Global, a financial services company that creates investment opportunities for its clients across India, has successfully deployed Infor10 Financials Business (SunSystems).
Infor10 Financial Business enables Emkay Group to regularly analyse data from real time reporting of the companys General Ledger accounting. Infor worked together with their channel partner Mondial IT Consultants Pvt Ltd, which created the value proposition and undertook the implementation at Emkay Global.
Emkay Global needed to control costs and make cost allocations to various strategic business units (SBU) of the company in a secure environment. This required capturing information at the data entry level and reporting upon those which was enabled through the implementation of Infor10 Financials Business.
Financials Business now helps 30 finance and accounts members to capture additional value add information in real time. The solution works on a client server architecture whilst also providings capabilities for working over the web.
Prior to deploying Financials Business, Emkay Global used Trade Plus and Tally systems in different SBUs. Emkay Global moved to the Infor10 application based on Infors extensive knowledge and experience in this domain. The latest release of the software introduces innovative technologies that transform the user experience for greater productivity and connectivity.
The project team was face with two key challenges while deploying Financials Business; to work within the set timeline of making the software live and interfacing with existing applications. A delay in making the system live would have caused a huge back-log to be fed in the new solution.
"The key for us is cost control and interfacing with our other solutions to provide real time information. We chose Infor10 Financials Business as we needed a long term and scalable application which is well suited to the needs of a company in the financial services industry, like ours, without having to customise the software, said Saket Agarwal, AVP, Accounts & Finance, Emkay Global. Financials Business also gave us total flexibility as it works on our server architecture and also has the capability to be deployed over the web.
Souma Das, Vice President, Sales, and Managing Director, Infor India, said: Financials Business application can help customers integrate multinational financial management and local accounting systems to create unparalleled visibility across global operations. It helps provide a streamlined process that keeps them in control of their financial resource management with greater information access, visibility and control than ever before.
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