Infor helps process manufacturers expand global market share with Infor ERP LX   4th June 2007 Infor says that new functionality announced for Infor ERP LX last week will enable process manufacturers to more effectively compete in the global marketplace. The new features will allow companies to expand into foreign markets by delivering enhanced multi-language and -currency capabilities, allowing organisations to deploy a single instance of LX around the globe. Infor says that LX has always provided users with comprehensive multi-currency and transaction translation, expanded payment options and localised settings. The latest release, Feature Pack 2, expands these global capabilities by adding region and time sone support throughout the system, cost inventory in local currencies, and enhanced multi-language capabilities. Additionally, multinational companies will benefit from a single global ledger across their operation, thereby reducing the need for data consolidation and improving operational efficiency, says Infor. “Entering foreign markets can seem like a daunting task for many process manufacturers,” said Mike Frichol, vice president of industry and product marketing for Infor. “LX is a great example of how Infor continues to evolve its solutions to help companies face the challenges of today's global economy and ensure sustainable market growth.” Highlights of LX Feature Pack 2 include c redit card processing, enabling a wider variety of payment options to be offered to customers and time sone enhancements that provide organisations the option of handling their data and transactions in the appropriate date and time for the manufacturer, facility, warehouse, customer, or vendor. Other enhancements include, multi-language segment descriptions that supports multi-lingual organisations and e nhanced costing which displays costs in customers' regional currency for greater global support. Ohio-based industrial packaging and services company Greif chose LX FP2 for its enhanced capabilities which enable the manufacturer to manage its more than 160 locations around the world. “Globalisation offers an epic opportunity for growth and profitability,” said Ken Andre, vice president, corporate controller and CIO for Greif. “The latest enhancements to LX will allow us to more effectively manage our global operations to provide our customers with unsurpassed service.”
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