Enhancing Business Operations with Infor’s Cloud Solutions
Infor, a leading provider of industry cloud software, has made significant strides in enhancing its CloudSuite portfolio as part of its ongoing commitment to driving business velocity. On October 1, 2024, during the 2024 Infor Velocity Summit, the company unveiled several key updates aimed at fostering operational efficiency and supporting organizations in optimizing their processes.
At the core of Infor’s updates are new capabilities that harness the power of advanced technologies. By integrating process mining features, environmental, social, and governance (ESG) strategy management, and a GenAI Assistant, Infor’s suite of industry-specific products is poised to deliver unprecedented value to businesses. These innovations are designed to streamline workflows, reduce operational risks, and enable seamless integration with existing systems.
GenAI Assistant: Revolutionizing User Interaction
One of the standout features of the latest release is the Infor GenAI Assistant, which aims to enhance user productivity. Set to be available in limited release in October, this conversational tool simplifies interactions with industry-specific data. Businesses can expect significant improvements in task management related to manufacturing projects, requisition analysis, and product tracking.
The Infor GenAI Assistant is an integral part of Infor’s Industry AI portfolio, which continues to evolve by embedding AI capabilities directly into core processes. As noted by Elisabetta Venezia, Group Director of ERP System & Data Management at GMM Pfaulder, the introduction of GenAI accelerated their project timelines dramatically. What initially seemed like a multi-year project to cleanse item master data has been compressed to just six months, potentially saving the company between 1 to 2 million Euros in inventory costs.
Process Mining: Unlocking Insights for Operational Agility
The introduction of Infor Process Mining brings a new level of visibility into business operations. This tool allows users to efficiently define data, streamline export-import processes, and rapidly analyze insights, all within a user-friendly platform. By enhancing operational agility, organizations can make informed decisions quickly.
Steve Turner, Director of Information Systems at Oberg Industries, highlighted the transformative benefits of process mining. The ability to pinpoint inefficiencies within their order-to-cash operations enables teams to capitalize on actionable improvement opportunities, ultimately increasing throughput with current resources.
Enhancing ESG Compliance with New Modules
As businesses face the growing challenge of complying with ESG regulations, Infor’s latest updates offer solutions to help organizations strategically manage these requirements. The newly introduced modules allow companies to set, track, and report on their ESG goals systematically. By embedding ESG considerations into daily workflows, Infor supports continuous improvement initiatives that align with sustainability practices.
Additionally, industry-specific enhancements in supply chain management further bolster Infor’s commitment to improving operational accuracy. These improvements minimize manual intervention and accelerate the realization of value, empowering organizations to navigate their supply chains with greater confidence.
AI-Driven Supply Chain Management Innovations
In a competitive landscape, leveraging AI within supply chain management is becoming increasingly critical. Infor is distinguished as the first healthcare ERP provider to embed specialized capabilities for procedure supply planning and distribution management. Such innovations facilitate more accurate forecasting, better demand management, and enhanced overall supply chain efficiency.
By embedding AI across its CloudSuites, Infor not only unifies data but also promotes a more efficient approach to operations. This strategic integration allows companies to reduce reliance on manual processes, ultimately leading to faster time-to-value.
Join the Conversation at Velocity Summit
Infor encourages businesses to engage in the discussions surrounding these innovations at the Velocity Summit events taking place in Las Vegas and Amsterdam. Attendees can participate in informative sessions and explore how Infor’s advancements can support the transformation of their businesses for the better.
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HAL149: Empowering Businesses through AI
HAL149 is at the forefront of AI innovation, creating customized AI assistants for businesses. Our solutions streamline customer engagement and content creation, ultimately maximizing efficiency. For more information, visit us at hal149.com or contact us directly at hola@hal149.com.
