Infor Provides Customers Application for Standardized Global Financial Reporting
Infor, a leading provider of business application software serving more than 70,000 customers, have announced that BDO Audit & Assurance B.V., a premier accounting, tax, financial advisory, and consulting organisation, has certified Infor10 Corporate Performance Management (CPM) as International Financial Reporting Standards (IFRS) compliant. BDO conducted a wide-ranging audit of Infor10 CPM and its IFRS compliance capabilities, reliability and continuity in order to receive the certification.
Infor10 Corporate Performance Management affords companies greater visibility and control across the enterprise, helping them to effectively report, plan and enhance business performance with budgeting, forecasting, planning, financial consolidation, strategic planning, reporting and analysis capabilities. Now, this comprehensive application is IFRS certified to deliver enhanced international reporting and analysis capabilities across multiple countries, organisational structures and general ledger and ERP systems – resulting in fewer disruptions and enhanced business processes.
“Infor10 CPM is suitably designed to enable organisations to comply with IFRS standards,” said Jur de Vries, Partner Information Technology at BDO Audit & Assurance B.V. “As the number of countries adopting IFRS standards continues to grow, applications like Infor10 CPM become imperative for any organization with global operation, IFRS and other regulatory reporting requirements.”
“Implementing Infor10 Corporate Performance Management to help ensure IFRS compatibility enables greater financial and operational transparency, so companies have accurate information faster and can make better, fact-based decisions,” said Rod Radojevic, director, solutions management, Infor. “No matter the industry, Infor10 CPM applications help our customers to navigate the complex business environment with information they can depend on and trust.”