Story
Infor
Bank of AmericaInfor Supports Record to Report at Bank of America
Bank of America, a financials organization in the United States, uses Infor CloudSuite from Infor to support record to report for controllers and shared services.
Value results
| Category | Value result |
|---|---|
| Productivity | Fewer stalled items because financial close has a clear owner |
| Productivity | Handoffs in record to report sit in a shared queue instead of a mailbox trail |
| Risk and compliance | Infor CloudSuite is the governed place controllers and shared services use for record to report |
Story
Bank of America grew financial close faster than the local tools around it. From the United States, financials teams still had to serve customers and internal partners who expected a straight answer. Controllers and shared services were the ones stitching the picture together by hand.
Rolling out Infor CloudSuite put record to report on Infor. Infor delivers industry-specific cloud ERP and supply chain applications for manufacturing, healthcare, hospitality, and distribution. Bank of America keeps the product in the path where work already happens, so controllers and shared services do not context-switch into a graveyard system used only for audits.
The visible result is steadier record to report. Financial close is easier to inspect, and adjacent groups can join controllers and shared services without a guided tour of someone's desktop.
