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Infor releases upgraded version of M3 ERP solution
11
Jul '13
Infor, a leading provider of business application software serving more than 70,000 customers,   announced the availability of a new release of Infor M3, the next generation of its ERP application focused on the specific needs of key vertical industries.

This version sees more than 500 improvements tailored to the respective needs of the distribution, equipment, fashion, chemicals, and food & beverage sectors.  In addition, a new accelerator pack makes it faster to deploy, as major functional enhancements can be added without the need to install an entirely new version of the software.

The first Infor ERP application within the recently launched Infor 10x suite, this release provides access to the latest Infor innovations in social, mobile, analytics and cloud technologies, and Infor plans to incorporate Infor Ming.le, Infor's new platform for social collaboration, business process improvement, and contextual analytics.  This would allow users to capture corporate knowledge, contextualize business processes and follow news, workflows and content in real-time.

Functional improvements span all areas and include alignment of payment terms to customer order lines, better allocation of discounts, clearer management of markups, markdowns and exclusions, improved backorder prevention, simplified processing of kits, and enhancements in item replacement capabilities in order entry.

The finance interface is easier to use and sees simplification of supplier invoices, improved reconciliation between logistics and general ledger, advanced payments in AP and AR, dynamic credit limits, increased analytical capabilities, and better VAT and taxation management.  Inventory management sees improved statistics on demand status, enhanced ability to update items, user defined lot numbering rules, and lots with multiple statuses.

In addition to sales, finance, warehouse management and procurement features, specific industries will benefit from the following:

Fashion businesses will see numerous enhancements to their e-commerce platform such as showroom ordering, style visibility, lookbook, season orders and greater configurability.

Distribution companies will see enhancements to delivery management through simplified movement of inventory between locations, pick corrections prior to pick list reports, new load building step for shipments, grouping of shipment packages to same distribution point, and greater control of output of pick lists.

Equipment companies will see enhanced lifecycle visibility, consistent parts pricing, new rental features, and a new warranty parts storage solution. 

About Infor

Infor is fundamentally changing the way information is published and consumed in the enterprise, helping 70,000 customers in 194 countries improve operations, drive growth, and quickly adapt to changes in businessdemands. Infor offers deep industry-specific applications and suites, engineered for speed, and with an innovative user experience design that is simple, transparent, and elegant.  Infor provides flexible deployment options that give customers a choice to run their businesses in the cloud, on-premises, or both. 

Infor

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