v11 Differences for Financials

CloudSuite FSM (v11) offers you a transformational opportunity to take your system and your organizations to another level. There is a difference and it’s not just technology! Get beyond the hype and the naysayers. Join RPI Consultants Chris Gordon and Zach Custodio as they walk through the key application differences and how you can benefit from the enhanced functionality. This the biggest change the Infor Lawson software has undergone in the last decade. Let us guide you through it!

Keith:

I want to thank you for taking the time to attend this morning’s webinar on v11 Differences For Financials, brought to you by Mr. Chris Gordon, Mr. Zack Custodio and the letter C, which is for CloudSuite. And without further ado, I give you Zach and Chris.

Chris Gordon:

Thanks very much, Keith. And thanks everybody for joining today. Zach and I, over the next 30 to 40 minutes, we’re going to be discussing all the cool and exciting things that you can expect to see in the version 11 FSM CloudSuite system. Quick about RPI, so we were founded in 1999. We are an in for Alliance Partner, CloudSuite specialized. We have consultants across the entire country, specializing in finance supply chain HCM, and an entire tech practice. We have an office right here in Baltimore. This is our headquarters. We also have an office in Tampa, Florida, and out in Kansas City.

Zach Custodio:

All right. So, jumping right into it. If you’ve seen any of our other FSM webinars, you’ve noticed that global ledger is probably one of the biggest differences here. It’s going to replace your general ledger, your strategic ledger and multi-ledger. We see a couple of their name changes here with projects. It’s called project ledger now. Asset accounting and lease accounting instead of management, and a couple other name changes, but overall, they’re very similar modules.

Chris Gordon:

And a lot of the applications that used to live outside of your core loss and package are now included, right? So close and reconciliation management, cash and treasury management, those are all integrated within the new FSM version 11 system.

Zach Custodio:

All right. So today’s agenda, we’re going to talk about some of the system enhancements. We’re not going to talk about all of them. There are a ton of enhancements and differences, but we’re going to hit on some of the key ones that Chris and I are excited about. We’re also going to talk about navigation through the new user interface, the role-based security. Module differences, we’re going to cover GL, AP and AM. And then the landing pages and widgets within those landing pages.

Zach Custodio:

All right. So what’s the same and what’s different? Starting with the differences. Navigation is one of the first things you notice is very different. It’s going to be page-driven instead of forms. It’s going to be a lot of dropdown menus and list view. It’s role-based, so you will have one or multiple roles assigned to your actor and each role will have their own landing pages. And we’ll get into that a little bit later. Effective dating and auditing, really nice enhancements. So you can basically audit and track every single change, addition, or anything that’s deleted within Lawson now. And effective dating, so you can now make a vendor effective as of a future date. And then, of course, the flexibility and the global ledger, which we’ve covered through some other webinars and we’ll hit on a little bit today too.

Chris Gordon:

And that’s a really big difference, right? Is the global ledger now offers so many additional enhancements over a version 10 or version 9 GL system. And hopefully, today, we can walk you through what some of that looks like. It’s not necessarily a training exercise that we’re going through here. It’s more just to show you what’s out there and hopefully get you excited for the next version.

Zach Custodio:

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