PROACTIS and Infor FMS SunSystems: The benefits

Thurs 10th Nov 2011

Challenges that Infor FMS SunSystems users face and how PROACTIS addresses these challenges

Users of Infor FMS SunSystems can come across the following business challenges:

Maverick Spend
Regardless of corporate procurement guidelines, whenever staff need to procure goods they will seek out the easiest route to satisfaction.

PROACTIS addresses the issue of maverick spend by offering:

• Controlled catalogues and suppliers
• Up-front coding, budget and commitment checking
• Authorization workflow etc.
  
  

Lack of Cost Pipeline Visibility

In a recent survey by PROACTIS for one of their clients before implementing the software they found that more than 60% of inbound invoices were "invisible" to them prior to receipt by Accounts Payable.

PROACTIS addresses the issue of cost pipeline visibility by offering:

• Transaction visibility throughout workflow
• Executive dashboards of "vital signs"
• Commitment reporting etc.
  
  

Process Inefficiencies and Inconsistencies

Manual processes are time consuming, prone to error and open to fraud.

PROACTIS addresses the issue of process inefficiencies and inconsistencies by offering:

• Electronic workflow
• Email and task integration
• Invoicing & mis-match troubleshooting etc.
  
  

Corporate Governance & Compliance
Understanding your corporate responsibility and providing the controls you need to comply with the requirements of the Sarbanes-Oxley Act and other similar guidelines is an important part of the role of a CPO.

PROACTIS addresses the issue of corporate governance & compliance by offering:

• Full accountability & visibility of transactions
• Electronic corporate guidelines
• Compliance engine etc.
  
  

Read the full article inside 'Plugging the Gap – Procurement for Infor FMS SunSystems' here

For more information on PROACTIS get in touch on +44 (0)203 058 1000 or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it