Atlanta, GA, April 06, 2007 --(PR.com
)-- Infor today announced that Designtex, a New York-based subsidiary of Steelcase Inc. that designs and develops inventive surface materials for commercial, hospitality and residential spaces, has chosen Infor Performance Management (PM) Business Process Applications (BPAs) to facilitate strategic planning and link the company’s worldwide financial systems for performance management.
“We evaluated several vendors with planning and budgeting capabilities, but only Infor PM had the intuitive strategy management functionality built-in,” said George Whalen, CFO at Designtex. “With Infor, we are able to develop a strategy and support it with key initiatives and tactics by improving collaboration and dialog within the company.”
According to AMR Research’s July 2006 report, “Trends in Performance Management Spending 2006,” companies that have deployed a performance management system have seen a 30 percent improvement in measured actual versus targeted performance from business intelligence and reporting tools, and a 33 percent improvement in measured actual versus targeted performance from planning, budgeting and forecasting applications.
“Designtex’s requirement of having key data centrally available in order to link strategies to operational activities is the reason many companies turn to Infor PM,” said Christina McKeon, director of product marketing, Performance Management, Infor. “Infor PM makes information visible and accessible by integrating financial processes with strategic planning to enable better decision-making.”
Infor PM BPAs, part of Infor’s suite of software for performance management, is an open, fully integrated, closed loop solution. It is a single application on a common schema which ensures data consistency and provides a rapid time to value for customers looking to unify their business processes. It affords enterprises the flexibility to put powerful performance management capabilities – including strategy, planning, budgeting, forecasting, and financial consolidation and reporting – in the hands of finance and business professionals across an organization, while preserving centralized control of critical information.
Infor delivers business-specific software to enterprising organizations. With experience built in, Infor’s solutions enable businesses of all sizes to be more enterprising and adapt to the rapid changes of a global marketplace. With more than 70,000 customers, Infor is changing what businesses expect from an enterprise software provider. For additional information, visit www.infor.com.
Wunderkind Public Relations