Infor Expense Management will deliver proactive control over a substantial travel and expense budget throughout Prometheanâs global operations. The improved accounting and control system will be integrated with Prometheanâs existing Infor ERP LN. This will enable complete project accounting and precise cost allocation.
Following the successful, global rollout of Infor ERP LN in 2008, Promethean looked at expense management solutions from both Infor and Concur. Although Concur is already in use throughout Prometheanâs US offices, the project coding capability of Infor Expense Management, the ease of its international deployment, its low total cost of ownership and open integration with online booking tools were all critical factors in Promethean's selection. Infor Expense Management will also enable excellent integration with Infor ERP LN, delivering granular level cost allocation and control over project budgets.
Infor Expense Management offers a compelling TCO compared to alternative, pay-as-you-go options: âWe deliberated for a good six to eight months, weighing up the costs and functional capabilities of the solutions, and Infor was a stronger candidate for the number of users we have,â explains Darren Murray, CIO, Promethean.
âIt soon became apparent that the TCO over five years was much more competitive through Infor Expense Management than other solutions being offered. In addition, the ability to interface seamlessly with LN, which is the backbone of our manufacturing, planning and finance operations, was a key factor. Inforâs project-based functionality also allows us to allocate specific trips or expenses to a given project without sacrificing centralised cost control.â
âWe view this solution as a strategic asset. Whilst the recession means getting a grip on costs is vital, Infor Expense Management will enable us to do much more. Using the greater visibility on our travel and hotel spend, we will be able to negotiate better rates with suppliers, saving costs throughout the recession and beyond.â