Infor Launches Biggest M3 Release in 10 Years

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infor-black-300-px.pngInfor has announced the availability of a new release of Infor M3. This release of M3 continues Infor’s focus on the vertical industries that it targets with the M3 solution. The release also has key improvements in core finance and inventory areas.

In total, the latest version of M3 has more than 500 improvements tailored to specific vertical industry needs. Key industry needs addressed span the distribution, equipment, fashion, chemicals, and food and beverage sectors.

This announcement was made almost simultaneously with Infor’s new accelerator pack announcement. The accelerator packs make it faster and easier to deploy major functional enhancements to the solution without having to install new versions of the software.

This is the first Infor ERP application launched under the Infor 10x suite of applications. The Infor 10x suite provides innovations in social, mobile, analytics and cloud technologies. Infor also plans to incorporate the Infor Ming.le suite into the Infor 10x suite. Duncan Angove, president or Infor, states that "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."

Of the many improvements made, here is a breakdown of the key improvements by area and industry:

The finance interface is easier to use and sees simplification of supplier invoices, improved reconciliation between logistics and general ledger, advanced payments in accounts payable (AP) and accounts receivable (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.

Fashion businesses get numerous enhancements to their e-commerce platform such as showroom ordering, style visibility, lookbook, season orders, and greater configurability.

Food and beverage companies will see better tank tracing and lot blending, features for ultra-fresh food planning, enhanced warehouse mobility support, ageing and shelf-life management, and lot status and numbering improvements.

For distribution companies, enhancements include delivery management through simplified movement of inventory between locations, pick corrections prior to pick list reports, new load building step for shipments, grouping of shipment packages to same distribution point, and greater control of output of pick lists.

Equipment companies will see enhanced lifecycle visibility, consistent parts pricing, new rental features, and a new warranty parts storage solution.

See how Infor M3 stacks up to other process manufacturing ERP solutions on TEC Advisor now.
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