Infor Delivers New Document Management Solution for Manufacturers on System i Platform

Automated System Reduces Costs, Increases Productivity, Aids Compliance

12/19/2009


ATLANTA - Dec. 2, 2009 - Infor, the leading provider of business software for mid-market customers, today announced a comprehensive document management solution that enables manufacturers on the System i Platform to reduce costs and errors, increase productivity and remain compliant with Sarbanes-Oxley and other regulatory requirements. Infor Document Management for System i, integrated with Infor's System i-based ERP solutions, provides an easy way for customers to store and control access to documents, improving workflow, enabling quicker decision making and virtually eliminating errors caused by manual, paper-based processes.

Infor Document Management for System i has three components that help improve business operations for manufacturers. The core component of the solution is Intellichief, which enables companies to capture paper documents and manage them throughout business processes. The solution also features FastFax Servers, which fax or email documents directly from users' desktops, and Formtastic Forms and Labels, which replace pre-printed forms with electronic documents.

"Filing cabinets are a thing of the past now that purchase orders, acknowledgments, invoices, shipping documents and more are electronic with Infor Document Management," said Marc St. George, director of IT, Smith & Wesson. "By integrating with our Infor ERP, Intellichief lets users retrieve documents from their computer screens, saving us large amounts of paper, postage, storage space, and a great deal of time."

Automating document management enables companies to further improve the bottom line by taking advantage of early payment discounts and avoiding double or overpayment of invoices. A study by research firm Aberdeen found that cost for processing invoices on paper versus with a document management system can vary up to $8 per invoice. Additionally, companies that capture invoices by scanning them early can improve their overall receipt-to-payment schedule time by 5 days over those with paper-based processes.

Infor Document Management for System i also enables users to locate original purchase orders, invoices and related documents faster and easier. Companies facing internal or external audits are able to access all necessary documents at the touch of a button. In addition, prompt consolidation and extended storage of important documents helps companies remain compliant with industry regulations like Sarbanes-Oxley.

Recent research from the Association for Information and Image Management (AIIM) has shown that 42 percent of organizations doubled their productivity from scanning and capture using a document management system. In addition, AIIM found that 43 percent of companies achieve complete payback for their solution within 12 months, and two-thirds within 18 months.

"Infor continues to demonstrate its commitment to deliver innovative software that reduces total cost of ownership for our more than 15,000 customers running on the IBM System i platform," said Kevin Piotrowski, director of System i solution marketing, Infor. "Since the announcement of our dedicated System i Organization in February, we have delivered numerous innovations such as Infor CRM i Edition, which helps companies increase revenue and customer service, and now Infor Document Management for System i."

Infor Document Management for System i is fully integrated with Infor's System i-based ERP products including Infor ERP LX, Infor ERP XA, Infor ERP System 21, Infor ERP BPCS, and Infor ERP PRMS. ERP integration means users have access to document management functions such as scan, index and retrieve without leaving their ERP system.

--

Also read from MBT: Infor offers flexible approach to upgrading ERP .





No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2015 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
2016 Engineering Leaders Under 40; Future vision: Where is manufacturing headed?; Electrical distribution, redefined
Strategic outsourcing delivers efficiency; Sleeve bearing clearance; Causes of water hammer; Improve air quality; Maintenance safety; GAMS preview
World-class maintenance: The three keys to success - Deploy people, process and technology; 2016 Lubrication Guide; Why hydraulic systems get hot
Flexible offshore fire protection; Big Data's impact on operations; Bridging the skills gap; Identifying security risks
The digital oilfield: Utilizing Big Data can yield big savings; Virtualization a real solution; Tracking SIS performance
Getting to the bottom of subsea repairs: Older pipelines need more attention, and operators need a repair strategy; OTC preview; Offshore production difficult - and crucial
Applying network redundancy; Overcoming loop tuning challenges; PID control and networks
Driving motor efficiency; Preventing arc flash in mission critical facilities; Integrating alternative power and existing electrical systems
Package boilers; Natural gas infrared heating; Thermal treasure; Standby generation; Natural gas supports green efforts

Annual Salary Survey

Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.

There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.

But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.

Read more: 2015 Salary Survey

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.
This article collection contains several articles on the vital role that compressed air plays in manufacturing plants.
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.
This article collection contains several articles on strategic maintenance and understanding all the parts of your plant.
click me