Accurately and efficiently forecast costs for your entire workforce based on positions and employees and plan based on salary bands.
Run scenarios to analyse and compare workforce costs by Location, Cost Centre, Project or any other level of detail
360º view of your workforce
Take control and gain full insight into of workforce. Analyse Costs, FTEs and Headcounts by cost centre, project area or geolocation.
Compare actuals to forecasts, easily transfer or backfill positions and use inbuilt rules to calculate predicted costs automatically.
No time wasted loading and transforming your data.
We load all Positions & Employees, FTEs, Salaries and On-Cost Rates from source system so all your data stays in sync and replanning can occur easily as the business updates and changes.
Using a different payroll system? No worries, we can easily load from flat files also.
Workforce data is sensitive and requires special protection.
The Infor Security framework allows you to give access to specific Cost Centres or even Accounts, giving you full control of who can see sensitive information such as Salaries
Run scenarios and forecasts
Opening a new store? A new mine? Another factory? Outsourcing a division? Launching a new product?
Run and compare varied workforce scenarios easily based on rates, drivers and awards.
Use salary bands and assumptions to build forecasts or scenarios - informing you more accurately before making decisions and taking risks.
Save time with automations
Automatically produce plans, forecasts and scenarios from driven calculations based on loaded FTE, Salaries & On-Cost rates and updates made by the users.
Easily allocate costs to Cost Centres, Projects or other dimensions based on FTEs or Headcounts.
Capitalise workforce costs based on planned FTE assignments to capital projects.
Cell based & Inline commentary
Allows your users to provide additional information about specific planning inputs or variances so everyone can see the what, why and where for any specific planning assumptions.
“Project Manager A is assigned 50% for three months to capital project XYZ”
No need to pick up the phone or email around to track down reasoning behind planning inputs, saving your teams valuable time. And the record remains!
Financial Performance Management Capabilities
It offers intelligent business and financial performance management capabilities to drive your business effectively
Budgeting, Planning & Forecasting
Integrated, driver-based planning for income statement, balance sheet, and cash flow .
Consolidate multiple sets of books quickly and easily from each of your legal entities, process elimination entries, and generate a single set of accurate financial statements.
Workforce planning and budgeting to link financial plans with strategic execution.. Detail headcount requirements, model salary adjustments, account for vacancies
Reporting and Dashboards
Easily produce and mange financial statements. Define strict reporting standards, yet have also entirely tailored hierarchies and reporting structures
- One day kick-off and initial workshops
- Integration to Infor CloudSuite™ or via flat files
- Load Positions & Employees
- Load FTE, Salary and On-Cost Rates
- FTE or Headcount based Planning Inputs by Position and Employee, including Commentary
- Driven Calculations for Salaries and On-costs
- Allocations, Project assignments and Capitalisation
- What-if and scenario modelling/comparison capability
- Full report suite incl. variance reporting between scenarios
- All stories and pages formatted based on your corporate identity
- Master story template configured to use for future developments
- Security configuration
- One day training and handover
- User Documentation
Get in touch now to start
Infor d/EPM Financial Planning & Analytics projects implemented by our team
Servicing Australia, New Zealand and Asia.