Infor ERP software: What is it and how it works with Ramp
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Running a business without an ERP system often feels like trying to solve a puzzle with missing pieces—disorganized, inefficient, and overwhelming. Infor steps in as a solution, offering industry-specific ERP systems designed to simplify complex workflows and empower smarter decision-making.
When combined with Ramp, Infor ERPs such as Infor SunSystems, benefit from enhanced expense management features and automation of financial workflows.
Lets dive into what Infor is, the industries it serves, and how Ramp complements its capabilities to drive operational and financial efficiency.
What is Infor and is it an ERP?
Moreover, by focusing on the unique needs of specific industries, it allows organizations to overcome operational silos and improve decision-making. Here's a closer look at the different ERP systems Infor offers and who they’re built for:
- Infor M3: Supports industries like fashion, food and beverage, and industrial manufacturing by providing tools for industry analytics, financial control, and workspace productivity.
- Infor LN: Designed for aerospace, automotive, and other discrete manufacturers, it optimizes supply chains and project lifecycles while managing quality and compliance.
- Infor Financials & Supply Management: Ideal for service-driven industries like healthcare and public sectors, this system combines finance and procurement tools to streamline sourcing and reporting.
- Infor SyteLine: Simplifies complex manufacturing processes with tools for planning, scheduling, and quality management, tailored for engineer-to-order and repetitive manufacturing businesses.
- Infor SunSystems: Built for multinational organizations, it manages financial operations across borders, offering multi-language, multi-currency support with role-based reporting.
How does Infor work?
Infor works by connecting all key business functions—such as finance, supply chain, and manufacturing—into a single ecosystem. This centralization reduces data silos, giving businesses a unified platform to track and manage processes end-to-end.
Built on a cloud-based infrastructure powered by Amazon Web Services, Infor centralizes workflows, ensuring real-time collaboration across departments while maintaining the flexibility to adapt to evolving business needs.
Moreover, by leveraging advanced technologies like AI, IoT, and contextual analytics, Infor allows users to identify insights, automate tasks, and make informed decisions. Here’s how it works at a high-level:
- Cloud-based efficiency: With its AWS-powered architecture, Infor offers great scalability, allowing businesses to grow without the need for constant infrastructure upgrades.
- Real-time data flow: Infor’s centralized system ensures that all departments—from finance to operations—have access to the same real-time data, fostering better collaboration and transparency.
- Tailored workflows: By embedding industry-specific processes, Infor adapts to the unique demands of each business, delivering solutions aligned with specific operational needs.
Infor’s operational foundation is enhanced by features such as data-driven insights, pre-built integrations, and customizable workflows to match the complexity of modern enterprises. This adaptability makes it not just an ERP system but a strategic tool for innovation.
Features of Infor
Transitioning from understanding how Infor works to exploring its features, it’s clear that its strength lies in offering tailored tools for diverse industries. Each system under the Infor umbrella delivers specialized capabilities designed to address specific operational needs:
Infor M3
- ESG Environmental Reporting with audit-ready dashboards.
- Data fabric for data capture in one unified source.
- A modernized user interface designed for productivity with personalized workflows.
Infor LN
- Supply chain visualization from production to warranty management.
- Pre-built integrations with tools like BIM and MES for operational insights.
- Product lifecycle management with advanced analytics for compliance efforts.
Infor Financials & Supply Management
- Unlimited ledgers to store adjustments and allocations for reporting needs.
- Next-gen global ledger integrating financial and non-financial data.
- End-to-end procurement and sourcing capabilities to optimize spend.
Infor SyteLine
- MRP Planning with manufacturing warehouse features.
- Factory Track tools for a modernized production operator experience.
- Advanced 3D product visualization and configurations for complex products.
Infor SunSystems
- Multi-language and multi-currency support for global financial operations.
- Embedded analytics and BI tools for automated data entry real-time reporting.
- Requisition-to-pay capabilities that complies with local and regulatory requirements.
Who uses Infor?
Infor is designed for businesses of all sizes, from small and medium-sized enterprises to multinational corporations. Its cloud-based and industry-specific architecture make it an ideal choice for organizations seeking tailored ERP systems that grow with their needs.
Industries that rely on Infor include but are not limited to:
- Discrete manufacturing
- Consumer goods
- Healthcare
- Financial services
- Construction and engineering
- Public sector
- Distribution
- High-tech and electronics
Infor integrations: Why they matter
While Infor ERP systems are robust, integrations take their functionality to the next level by filling gaps and enhancing efficiency. For example, Ramp can integrate with Infor SunSystems and Infor Core Financials to enhance financial workflows and expense management processes to align with broader operational goals.
By integrating Infor with additional tools, businesses can gain greater flexibility and functionality, ensuring their ERP system adapts as they scale.
Why choose Ramp with Infor?
Infor is a powerful ERP solution on its own, but Ramp adds another layer of efficiency and optimization. Ramp enhances financial workflows by streamlining expense management, automating invoice processing, and improving visibility into operations.
Here’s how Ramp integration with both Infor SunSystems and Infor Core Financials work:
- Sync data in real time: Ramp integrates seamlessly with Infor, allowing you to configure tracking categories for vendors, locations, and more, while ensuring accurate reconciliation through its Universal CSV.
- Automate routine workflows: With Ramp, you can set up rules to automate transaction coding, approvals, and reviews, while effortlessly collecting receipts from SMS, email, web apps, and integrated platforms like Gmail and Amazon Business.
- Audit every transaction: Gain full visibility into every transaction's history, from the initial swipe to syncing with Infor, with the ability to dive into specific records in just one click.
This integration allows businesses to tackle inefficiencies head-on, delivering a combined solution that’s greater than the sum of its parts.
Case study: How Ramp integrations transform financial workflows
Although Ramp hasn’t provided a formal case study with Infor just yet, our proven success with other ERPs like NetSuite highlights its ability to revolutionize financial workflows.
Ramp and NetSuite integration: Quora’s experience
Quora’s finance team struggled with inefficiencies caused by disconnected tools and cumbersome processes. By integrating Ramp with NetSuite, they transformed their workflows and cut their bill processing time per recurring vendor.
Here’s how the results panned out:
- Cost savings: Clearbit saved over $50,000 in product savings and $6,100 in insights by using Ramp.
- Faster time to close: Clearbit shortened its month-end close by over 60%, from 10 days to just three to four.
- Automated coding: 100% of transactions are now automatically coded, ensuring greater accuracy.
“In the old world, there were multiple entry points, and sometimes bills were put into the wrong places. There were 10+ steps to go from PDF processing to Netsuite, to payment and reporting," explains Richard, Finance Manager at Quora. “With Ramp and Netsuite together we’ve reduced that to 3 simple steps. It’s more efficient and a huge time saver.”
Ramp’s two-way real-time sync with NetSuite eliminated the need for manual double-entry and reduced these complex steps. As a result, Quora not only saved significant time in their monthly accounting tasks but also gained better visibility into corporate spending, enabling proactive financial improvements.
Maximize efficiency with Ramp and Infor
Pairing Ramp with Infor can bring together improved operational and financial management, creating a powerful system that transforms how businesses work. By integrating these two systems, new levels of efficiency and insight can be achieved.
Interested? Learn about the potential of Ramp and Infor to transform your financial workflows.