Infor, a leading provider of business application software serving over 70,000 customers, today announced The Al J. Schneider Company, owner and operator of the 1,290 room Galt House Hotel in Louisville, Ky, has selected Infor PM for performance management. Infor PM will enable the company to improve its processes for planning and budgeting, forecasting, financial consolidation, and reporting and analysis. News Points
Al J. Schneider Company Quote
"We needed to find a financial performance management solution that could meet our requirement for more sophisticated reporting based on our growth as an organization," said Ron Strecker, CFO of The Al J. Schneider Co., parent company of the Galt House Hotel. "With Infor PM, we are able to manage and streamline the budgeting and forecasting process and drill down into pertinent information and decisions that impact our growth as part of a consolidated financial review in our monthly and quarterly board meetings. Infor PM will also greatly enhance our ability to provide management with timely, accurate and actionable information."
Ventana Research Quote
"One of the bigger challenges executives face in the hospitality industry is being able to see the forest and the trees," said Robert Kugel, senior vice president of Ventana Research. "To be effective, executives need to be able to cut through the complexity and manage by exception as much as possible. Yet, they must have the ability to drill down into the detail to identify the causes of an exception. They need to spot trends as they emerge and understand the specific drivers. They need to simplify their planning process and yet have a rich set of performance benchmarks for the critical items in their daily operations report. The right software, like Infor's PM, is critical to having these capabilities."
Infor Quotes
"Delivering financial results with confidence to all financial stakeholders is critical in today's business environment," said Scott Lindsay, director, Product Management, Infor. "Infor PM provides a single source for financial performance management that enables companies to see critical information clearly, manage and control key business processes, and quickly close and consolidate the books to publish their financial results."
"Partnering with Infor and Softbrands provides the hospitality industry with a unique opportunity to proactively increase profitability with a multitude of products," said Tracy Flynn, VP and General Manager, Softbrands, an affiliate of Infor. "Companies like Al J. Schnieder can utilize Infor and Softbrands for front and back office solutions, greatly reducing total cost of ownership and IT investment."
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Contact
Dan Barnhardt
+1 (678) 319-8457
Email: dan.barnhardt@infor.com
Organization
Infor
https://www.infor.com/industries/hospitality/
641 Avenue of the Americas
USA
- New York, NY 10011
Phone: 1 800 260 2640
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