Infor Unveils New Release Of Infor M3

Infor, a provider of business application software, has announced the availability of a new release of Infor M3, the next generation of its ERP application focused on the specific needs of key vertical industries. This version sees more than 500 improvements tailored to the respective needs of the distribution, equipment, fashion, chemicals, and food & beverage sectors. In addition, a new accelerator pack makes it faster to deploy, as major functional enhancements can be added without the need to install an entirely new version of the software.

The first Infor ERP application within the recently launched Infor 10x suite, this release provides access to the latest Infor innovations in social, mobile, analytics and cloud technologies, and Infor plans to incorporate Infor Ming.le, Infor’s new platform for social collaboration, business process improvement, and contextual analytics. This would allow users to capture corporate knowledge, contextualise business processes and follow news, workflows and content in real-time.

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Functional improvements span all areas and include alignment of payment terms to customer order lines, better allocation of discounts, clearer management of markups, markdowns and exclusions, improved backorder prevention, simplified processing of kits, and enhancements in item replacement capabilities in order entry.

The finance interface is easier to use and sees simplification of supplier invoices, improved reconciliation between logistics and general ledger, advanced payments in AP and AR, dynamic credit limits, increased analytical capabilities, and better VAT and taxation management. Inventory management sees improved statistics on demand status, enhanced ability to update items, user defined lot numbering rules, and lots with multiple statuses.

“Infor’s product development strategy is focused on ensuring software is flexible, agile and easy to use,” comments Duncan Angove, president, Infor. “Infor M3 is the first product to incorporate Infor 10x, our latest enterprise release that includes a reinvented HTML5 user experience and the new Infor Ming.le collaboration platform packaged within the ION integration framework. We look forward to the latest version of Infor M3 exceeding expectations of what business software stands for.”