1. business and industrial

Intelligent Solutions
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INTELLIGENT
DATA
+
INTELLIGENT
MANAGEMENT
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Intelligent
Financial
Services
INTELLIGENT
ANALYSIS
Increase your EBIT with Intelligent Financial Services
Financial Services firms operate in an environment that
demands accountability from shareholders or partners,
business managers, industry standards and other
regulatory bodies. While under pressure in a competitive
marketplace to tightly manage operational costs, they must
also take responsibility for the effective delivery and quality
of their services.
Financial Services executives with the
ability to systematically gather, process
and analyse data from across their
operations are in a better position than
Enormous amounts of information can be gathered across
various operational and financial systems to help manage
these responsibilities, yet many in the sector find them-
their competitors to manage both
responsibilities and costs.
selves flooded with data, unable to effectively capture,
manage or analyse it.
I N T E L L I G E N T
F I N A N C I A L
S E R V I C E S
BI used to be a pain...
Welcome to the new BI
The term ‘Business Intelligence’ (BI) has been
Today, successful companies are maintaining their competitive edge
commonly used for the last 30 years. However,
by strategically engaging robust BI solutions that provide them with
best practices have only emerged in the last five.
critical business information in real-time, allow them to merge data
from multiple sources into a single report, and transform raw data into
Traditionally, BI implementations were complicated,
heavy, expensive and slow. Companies spent millions
of dollars and thousands of unsuccessful hours
trying to gain access to crucial data that impacted
their businesses. Without real-time access to this
information, critical decisions could not be made –
or results reported – with a high level of confidence.
Further, older BI systems required a high level of
expertise to modify, which meant that new reports –
or even minor changes to existing reports – could
require costly external help and months to develop.
Adding additional sources of data into the mix was
typically a major project for the business to undertake.
BI was not truly in the hands of the people who
needed flexible access to information to improve
day-to-day decision-making. As a result, few early
BI adopters were getting immediate access to the
information they needed, when they needed it.
Meanwhile, executives in businesses unwilling to
make the significant investment BI used to represent
in terms of cost, time and resources are still juggling
numerous spreadsheets.
Business
Intelligence
in Action
valuable information that will support better decision making.
Some of the ways to measure the success of a BI system include:
1
Designed for business users: Can your business users drive
the system themselves to quickly and intuitively find the accurate
insights they need? Importantly, can they update and maintain the
system with minimal IT involvement required?
2
3
Open: Will it integrate with your other systems and operate in a
heterogeneous business and IT environment?
Proven in Action: Is the solution widely adopted? Is it current
world’s best practice? Who in the Financial Services sector is
using the system and how?
4
Comprehensive: Does it provide a comprehensive platform
including reporting, dashboards, ad hoc query, in-memory OLAP,
Excel integration, role-based content, predictive analytics,
integrated budgeting, forecasting, business planning and financial
consolidation capabilities for operational and financial data?
5
Flexible: Will it meet complex and individual requirements such
as multi-reporting, multi-entity, multi-language and currencies and
other functionality to support complex corporate structures and
global businesses?
What if…
•You had an integrated platform for all your
reporting, analytics, budgeting, planning and
forecasting needs, across your organisations
systems (and it wasn’t Excel)?
• You had budget vs actual information in context?
• Your systems could co-exist in a hybrid
environment?
•You could achieve greater assurance in the
accuracy of financial statements (and faster
period close process) by catching and
correcting errors early?
•You could avoid fraud resulting from
inappropriate access
to financial systems and transactions
•You could lower your financial, operational,
investor and personal risk?
Compliance, risk and fraud
affect over 80% of organisations
globally and are of critical concern to Financial Services firms.
Imagine being able to automate
the investigation of, and response
to, business exceptions and
anomalies: cost effectively and
fast and across a broad set of
financial applications.
What our customers say
The BI Survey is the world’s
largest survey of Business
Intelligence software users,
conducted by the German-based
What is Intelligent Financial Services?
The unique nature of Financial Services firms creates management and leadership
challenges that many other companies do not have to deal with. These challenges
include a high level of regulation and the burden that incurs. The sector is also fastmoving and highly competitive, so it’s critical to make good decisions, fast, when
getting new products or services to market.
Business Application Research
Centre (BARC). Here’s how Infor
rated in 2012 against the world’s
leading BI applications:
Intelligence is the result of gathering, distilling and analysing data in real time –
to deliver support for effective, informed and timely decision-making by managers
across the business.
In the Financial Services sector, this intelligence can be put to work:
Top ranked BI Giant in
product satisfaction Leading
• Informing decisions about charges and client support levels
•Determining which target markets are your most profitable and why – to direct the
activities of your business development team
BI Giant in:
• Enhancing management of your valuable people and the quality of their training
• Goal achievement
•Retaining a tight control over your overheads – from office premises to ICT
•Lowest number of administrators
per seat
• Proportion of employees index
• Functional scope
• Competitive win rate
• Cloud BI
• Collaboration
• Vendor support
• Implement support
• Customer satisfaction
• Project length
• Self service
• Agility
Users also rated Infor as:
•Leading OLAP analysis vendor in
6 categories including customer
satisfaction
•Top ranked Performance
Management vendor in product
satisfaction and leader in 8
categories
•Top ranked SME Project vendor
in 3 categories including product
satisfaction
infrastructure
• Reducing the effort involved in corporate, industry and statutory reporting
The result?
•Greater agility, with the ability to respond quickly to rapidly changing market
conditions
•Management confidence in decision-making through better forecasting, business
and planning
•Reduced capital, overhead and staff costs for competitive advantage in tight
economic times
About Infor™ BI
Infor BI is a comprehensive business intelligence platform built
for business users. Used by over 3,000 customers in 100 countries
worldwide, it integrates easily with other systems and delivers in
one single instance enhanced reporting, dashboards, ad-hoc query,
role-based content, predictive analytics, budgeting, forecasting,
modelling and business plans for operational and financial data.
Ultimately, Infor BI gives you timely access to the key actionable
information for supporting business growth.
Infor™ and IBM alliance
Combine a powerful platform and applications that work together to
optimise your business and improve your customer service.
Infor10x ERP solutions integrate with IBM to deliver solutions designed for
rapid, low-cost deployment. Infor solutions run on a broad range of IBM
platforms. These platforms offer a robust, well-aligned infrastructure running
on the latest servers and storage products, including POWER7, as well as
a portfolio of middleware and software, including: a relational database,
security, web services, networking, and storage maintenance.
It represents a leap forward to more intelligent systems and provides
a simplified, high-performance IT environment for managing core
business applications.
Talk to us about how an Infor Intelligent Financial Services solution could help you.
Visit www.beautiful-analytics.com.au or email [email protected]
Copyright 2012 Infor. All rights reserved. The word and design marks set forth herein are the trademarks and/or registered trademarks of Infor and/or related affiliates and
subsidiaries. All other trademarks listed herein are the property of their respective owners. This document is provided for informational purposes only and does not constitute
a commitment to you in any way. The information, products and services described herein are subject to change at any time without notice. www.infor.com