IFM Entity Maintenance in PowerLink

["Phil Joseph" <Phil.Joseph@xxxxxxxxx>]

Entity maintenance will be part of Release 7.8. After the activities of
this past summer (SSA acquisition) by the time the smoke had cleared
(new organizations, budgets, priorities, etc.) the date for R7.8 had
slipped into next year. We also had to put part of the 7.8 team on the
SupplyWEB integration project. All that is behind us now.
 
In IFM we have had to do some infrastructure work to make it snap into
the Power Architecture. For example, the amounts didn't have decimals.
Date-effective records didn't have the dates we needed. Both of these
required routines to condition the data before it coud be used, which
really throws sand in the gears, so to speak. We also added user fields
and did some other housekeeping things along the way.
 
The following are the IFM enhancements in R7.8. I'm trying to get more
in, but here's what I can commit to as of now:
 
Maintain customer in CSM
Maintain vendor in PM
Maintain entity (Allocation entity, Member, Contacts, Alias, Tax ID's,
Bank...)
Maintain Personal Account
(Security) Separate purchasing & payables setup
(Security) Separate private information (bank accounts, tax ID's...)
Intuitive object names (Entity = Trading Partner, Financial Division =
Company, Nature = Account...)
Overview card to navigate easily between entities, customers, vendors,
accounts
Navigate from PA, entity & group to AR & AP data, credit, drill-down to
supporting details
Entities clearly defined according to their usage (Customers, vendors,
banks, taxing authorities...)
No need to enter separate entity and entity revision ("data") (All data
entered together, revision records are created automatically)
Same for personal accounts
See instant impact to all customers affected by credit limit change for
customer, entity, entity group
Available credit updated in real-time if same currency for credit,
order, invoice and payment
Run host jobs from IFM client (Update customer credit check totals,
Update account balance totals for Entity/Groups, Customers, Vendors,
Update aged balance totals)
Run host reports from IFM client (Print aged balance statements, Print
aged balance reports)
Graph cards for aged balances, historical trends (invoices, payments,
write-offs) 
Cards redesigned

 

Phil Joseph | Senior Product Manager | Infor | office: (678) 319-8040 |
cell: (404) 519-1442 | email: phil.joseph@xxxxxxxxx