It’s critical that the financial management solution you choose meets the needs of your organisation. However, this isn’t always easy, especially if you are a large organisation or operate from multiple locations.
Requirements may vary per department or location, making it more difficult to find a system that offers the range of features needed by everyone.
Infor SunSystems is an easy-to-use, comprehensive financial management system that’s powerful enough to meet your organisation’s financial management needs today and flexible enough to meet tomorrow’s evolving customer demands and market challenges.
As an innovative finance ERP, Infor SunSystems is more than just your daily accounting software; it is a smart accounting system that’s flexible enough to be adapted to your organisation’s unique requirements.
And with the coming of Infor SunSystems 7, you can be sure your business has the power to adapt and grow with you.
Already, SunSystems 6.4, can be integrated with Infor OS – which is a cloud-based, modern operating platform that allows users to utilise a wide range of modern apps to boost their productivity by automating routine activities.
Traditionally, accounting entries are done across three ledgers – accounts payable, receivable, and general ledgers. Sun accounting software is able to incorporate all ledgers in one place, enabling real-time posting across all three ledgers but with a single entry. This is a great time-saver.
By running a unified ledger (as opposed to the traditional systems which use three separate standard ledgers), companies can streamline their financial reporting while enjoying real-time visibility into their data and facilitating collaboration among different branches and locations.
SunSystems’ unified ledger also packs powerful analytics and drill-down capabilities, useful for making better decisions and gaining actionable insight through core reporting data.
Key Benefits of SunSystems 7
What are some of the key benefits of SunSystems 7? Well, it is designed to optimise costs. As a SaaS-based/multi-tenancy cloud platform, it provides access to the same data across all users at any time, cutting down on duplicate efforts and ensuring maximum efficiency.
Multi-tenancy enables a single instance of software to manage many different customers or clients. This is done by partitioning the software into logical units, each with its own assigned resources. As a result, customers can share hardware resources without sharing any information or code.
Customer resource utilisation is increased and the cost to provide services is reduced by eliminating over-provisioning and under-utilisation.
This gives smaller organisations access to a quality accounting system but without having to spend large amounts of money on licences.
It also offers fully configurable dashboards that can provide accurate, user-friendly reports with drill-down capabilities to the raw transaction level.
With the most powerful cloud-based planning and analysis that automatically generates budgets, it can help you identify where spending is taking place.
SunSystems 7 also features competitive agility to improve your organisation’s performance across all fronts by allowing you to manage costs, pricing strategies, promotions and product mix. It gives you greater visibility of inventory levels, so you can make more informed decisions on when to stock up and when to order.
Using Infor’s latest technology, it offers a rich, unified view across applications and provides a consistent user experience connecting finance executives with the information they need to make better decisions.
Today’s businesses face many challenges that often require complicated financial moves. With Infor SunSystems 7, you can streamline complicated transactions by capturing cash balances at multiple bank accounts simultaneously – rather than making separate postings for each transaction. This helps increase operational efficiency as well as accuracy.
Sun accounting software makes it easier to populate reports with accurate information by standardising processes that are used to collect, maintain, and report on this vital business data.
It also helps increase operational efficiency using standardised business logic rules across applications so employees can produce reports faster without needing additional programming knowledge or skills. Plus, the integrated process enables users to access their complete workflow history for greater insight into why a specific report was created.
The Differences Between The Old and New Versions
The table below shows the key capabilities in the older version of Sun and what is included in the newer, multi-tenant cloud version:
