March 2011 - BFB Pty Ltd selects Infor Performance Management with Professional Advantage
BFB Pty Ltd is a multi-discipline, multi-property agriculture and logistics business ranging from farming, cropping, piggery activities to grain storage and transport.
BFB will be implementing Infor Performance Management with Professional Advantage to address budgeting, forecasting, reporting and capital equipment utilisation planning. The solution will provide BFB with significant time savings and timely analysis.
Other recent implementations of Infor Performance Management conducted by Professional Advantage include Landcom (NSW), Patersons Securities and Barker College.
March 2011 - Sydney Catchment Authority choose Infor Performance Management with Professional Advantage
Sydney Catchment Authority (SCA) is a NSW Government agency created in 1999. The SCA manages and protects Sydney's drinking water catchments and catchment infrastructure, and supplies bulk water to its customers, including Sydney Water and a number of local councils.
Infor FMS SunSystems Budgeting and Forecasting (based on Infor Performance Management software) will now address SCA’s planning and management reporting needs.
Budgeting and Forecasting is an important project for SCA, assisting them with a major organisational restructure. SCA's business management is transforming from a purely government statutory authority (managing catchments & water quality) into a more commercially focused entity.
February 2011 - Patersons Securities adopts Infor Performance Management to further improve their SunSystems project
Patersons Securities, a leading full service stockbroking and financial services firm, will be implementing Infor Performance Management with Professional Advantage.
Infor Performance Management will provide core budgeting process, as well as brokerage revenue and salary model, and indirect expense allocations. Paterson's intention is that department managers will then access their monthly reports online through the web portal,” said Phil Taphouse, Professional Advantage Account Manager.
Patersons Securities are part of our growing financial services client list, which includes Vanguard Investments, Shadforth Financial Group, Plan B Wealth Management Ltd and AustralianSuper.
February 2011 - Plan B Wealth Management adds budgeting and forecasting with Infor Performance Management
Plan B Wealth Management is one of Australia’s largest integrative wealth management advisory firms.
Plan B Wealth Management Ltd has engaged Professional Advantage to implement a budgeting & forecasting project, using Infor Performance Management 10. This extends their use of Infor FMS SunSystems since they became a client of Professional Advantage in November 2009.
Their aim is to make this a part of the strategic plan to improve financial planning and budgeting, eventually eliminating the annual budget process and replacing with a rolling forecast. The scope covers P&L budgeting with models for revenue (funds under management), advisor commissions, assets and payroll.
Plan B Wealth Management Ltd are part of our growing financial services client list, which includes Vanguard Investments, Shadforth Financial Group and AustralianSuper.
December 2010 - Barker College choose Professional Advantage & Infor Performance Management
Barker College is one of Australia's leading private schools situated on Sydney’s north shore. Barker College has chosen Professional Advantage and the Infor Performance Management Budgeting & Reporting solution to manage their complex budgets and forecasting requirements.
Professional Advantage has experience in supporting the education sector, including TAFEs, universities and private colleges.
March 2010 - Infor PM to be used for budgeting and financial reporting by Motor Group
Jardine Motors Group UK has chosen Infor PM 10 for its performance management (PM) and business intelligence needs. Jardine Motors, which represents premium brands such as Mercedes Benz, BMW / Mini, Audi, Jaguar, Land Rover, Aston Martin and Bentley, will use the software to improve its budgeting, consolidation and financial and operational reporting for 19 franchises spread across more than 40 sites. Read more.
August 2009 - Infor provides XBRL Support for Financial Reporting
Its Performance Management Software (Infor PM) now includes Drag and Drop XBRL Tagging to Help Companies meet new financial reporting requirements Infor PM supports eXtensible Business Reporting Language (XBRL), a fast growing worldwide financial reporting standard. It provides integrated XBRL capabilities, enabling companies to quickly comply with financial reporting requirements aimed at improving the transparency and accessibility of financial data.
Asked about the the XBRL capability, Jonathan Marcer, of Professional Advantage, the 2009 Infor Gold Partner and Overall Best Infor Reseller in the Pacific Region, stated”Report submission and compliance is a big burden for business. Agencies like APRA are providing XBRL gatways to lodge electronically. Infor PM Drag and Drop XBRL is about simplicity and efficiency. It enables users to tag financial data through a drag and drop interface, preview and error check the report, and export securly the finished interactive XBRL report. XBRL is also a reality that I think all bsuinesses will be faced with sooner or latter. Its not just about compliance however. It can deliver significant benefits around the cost and time it takes to make reporting submissions.”
Jurisdictions around the world are contributing to XBRL and mandating it as a standard for electronic communication of business and financial data. Over 100 countries require or allow the use of XBRL in financial reporting and companies are adopting the standard to reduce costs and streamline their processes for collecting and reporting financial information. Australia is no exception. APRA, for example, allow for XBRL submissions using its D2A product.
Learn more