CFOs Get Better Handle On Global Regulatory Climate

March 30, 2007
New software captures more data necessary for compliance.

In an effort to help CFOs manage the complexities of global compliance, Infor introduced a new version of its SunSystems financial management solution.

"The role of the CFO has evolved to one of transaction manager, communicator and strategist as compliance requirements and competitive pressures place potential pitfalls in the way of business growth," said Andy Birch, senior director, Financial Solutions, Global Industry and Product Marketing Infor. "They are the conscience of the company, which means they must be able to quickly and efficiently interpret complex financial information into clear, decisive business performance strategies."

The enhanced FMS SunSystems 5.3 includes support for Microsoft SQL Server 2000 and 2005 as well as Oracle 9i and 10g.

The latest version's enhancements include:

  • Auditability: Additional data is captured on ledger transactions to provide a more complete audit trail, enabling companies to better meet Sarbanes-Oxley compliance.
  • Ledger: Allows for specialized transaction numbering and types, such as payments and receipts.
  • Journal Reversals/Copying: Enables users to automate the reversal of selected transactions and journals.
Interested in information related to this topic? Subscribe to our weekly Value-chain eNewsletter.

Popular Sponsored Recommendations

Empowering the Modern Workforce: The Power of Connected Worker Technologies

March 1, 2024
Explore real-world strategies to boost worker safety, collaboration, training, and productivity in manufacturing. Emphasizing Industry 4.0, we'll discuss digitalization and automation...

3 Best Practices to Create a Product-Centric Competitive Advantage with PRO.FILE PLM

Jan. 25, 2024
Gain insight on best practices and strategies you need to accelerate engineering change management and reduce time to market. Register now for your opportunity to accelerate your...

Transformative Capabilities for XaaS Models in Manufacturing

Feb. 14, 2024
The manufacturing sector is undergoing a pivotal shift toward "servitization," or enhancing product offerings with services and embracing a subscription model. This transition...

Shifting Your Business from Products to Service-Based Business Models: Generating Predictable Revenues

Oct. 27, 2023
Executive summary on a recent IndustryWeek-hosted webinar sponsored by SAP

Voice your opinion!

To join the conversation, and become an exclusive member of IndustryWeek, create an account today!