September 18, 2014, by Predrag Jakovljevic on Technology Evaluation Centers website
Built on Infor's Cloud Platform available on Amazon Web Services (AWS), this new cloud solution offers a global enterprise-wide management suite for midsize companies. This horizontal cloud solution for small- to medium-sized businesses (SMBs) differs from its previously released CloudSuite siblings that are tailored for a particular vertical industry, such as automotive or healthcare.
Infor CloudSuite Business financial management tools enable companies and multi-site subsidiaries of global enterprises to consolidate financial data. In addition, self-service planning, budgeting, forecasting, and reporting tools can capture critical analysis needed to support strategic decisions and meet local and regulatory reporting requirements for management, investors, and auditors. Integrated project management and HR tools make this solution also well suited for service businesses. The most recent functional addition to this suite was customer relationship management (CRM) via the recent acquisition of Saleslogix now rebranded Infor CRM.
Infor also announced a swap-out program for NetSuite customers given the functional scope equivalency (although Infor touts much stronger functionality per each module than NetSuite). For a limited time, Infor will offer pricing incentives to NetSuite customers who wish to migrate to Infor CloudSuite Business, including a waiver of subscription fees until the customer is live on the application. The jury is still out on how much this all-too-common replacement gimmick will rattle NetSuite’s cage, given its vast cloud ERP install base and brand recognition (especially in the professional services and omni-channel retail commerce), but more choice can never be bad for prospective customers.