BWI: Emkay Global Obtains Ultimate Cost Control with Infor

Press release from Business Wire India
Source: Infor
Thursday, June 21, 2012 07:56 PM IST (02:26 PM GMT)
Editors: Business: Accounting & management consultancy services, Banking & financial services, Business services, Information technology; Technology
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Emkay Global Obtains Ultimate Cost Control with Infor
Financials Business Application Selected to Improve General Ledger Accounting

Mumbai, Maharashtra, India, Thursday, June 21, 2012 -- (Business Wire India) -- Infor, a leading provider of business application software serving more than 70,000 customers, today announced that Emkay Global, an established financial services company that creates seamless investment opportunities for its clients across India, has successfully deployed Infor10 Financials Business (SunSystems). Infor10 Financial Business enables Emkay Group to regularly analyse data from real time reporting of the company's General Ledger accounting. Infor worked together with their channel partner Mondial IT Consultants Pvt Ltd, who created the value proposition and undertook the implementation at Emkay Global.

News Points

-- Emkay Global needed to control costs and make cost allocations to various strategic business units (SBU) of the company in a secure environment. This required capturing information at the data entry level and reporting upon those which was enabled through the implementation of Infor10 Financials Business (SunSystems).

-- Financials Business now helps 30 finance and accounts members to capture additional value add information in real time. Financials Business works on a client server architecture whilst also providings capabilities for working over the web.

-- Prior to deploying Financials Business Emkay Global used Trade Plus and Tally systems in different SBUs. Emkay Global moved to the Infor10 application based on Infor's extensive knowledge and experience in this domain. The latest release of the software introduces new innovative technologies that transform the user experience for greater productivity and connectivity.

-- The project team was face by two key challenges while deploying Financials Business; to work within the set timeline of making the software live and interfacing with existing applications. A delay in making the system live would have caused a huge back-log to be fed in the new solution.

Emkay Global quote:

"The key for us is cost control and interfacing with our other solutions to provide real time information. We chose Infor10 Financials Business as we needed a long term and scalable application which is well suited to the needs of a company in the financial services industry, like ours, without having to customise the software," says Saket Agarwal, AVP, Accounts & Finance, Emkay Global. "Financials Business also gave us total flexibility as it works on our server architecture and also has the capability to be deployed over the web."

Infor quote

Mr. Souma Das, Vice President, Sales and Managing Director, India said: "With 20 years of experience built into it our Financials Business application can help customers integrate multinational financial management and local accounting systems to create unparalleled visibility across global operations. It helps provide a streamlined process that keeps them in control of their financial resource management with greater information access, visibility and control than ever before."

Additional Resources

Note: registration may be required to access online content

-- Infor10 - www.infor.com/solutions/infor10/

-- Infor10 Financials Business (SunSystems) www.infor.com/product_summary/fms/sunsystems-enterprise/

About Infor

Infor is the world's third-largest supplier of enterprise applications and services, helping more than 70,000 large and mid-size companies improve operations and drive growth across numerous industry sectors. To learn more about Infor, please visit www.infor.com.


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Varun Vishwanath, 20:20 MSL, +91 9930104931, varun.vishwanath@2020msl.com
Richa Patel, 20:20 MSL, +91 9769750101, richa.patel@2020msl.com

KEYWORDS
CONSULTANCY SERVICES, BANKING, BUSINESS SERVICES, IT, TECHNOLOGY

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