Transition to Infor: Changes to Financial Processes
May 27, 2021
Transition to Infor: Changes to Financial Processes
This fall, UM Charles Regional Medical Center will join other UMMS member organizations in using Infor Financial Management (FCM). The switch to the Infor ERP will occur in mid-September. In advance of this transition, we want to make sure that Department Heads have the tools and knowledge need to understand and prepare for this change.
WHAT IS CHANGING?
The GL Account structure has been standardized, with a significant number of changes.
Additionally, the change to the Infor ERP will require several process changes.
HOW DO I PREPARE?
- Look up your new Accounting Units before the transition to Infor. Having your personal list will make reviewing your monthly budget-to-actual researching variances much easier! The Crosswalk – Charles Regional Meditech to Infor Lookup Tool is posted on UMMSConnect along with step-by-step instructions. The tool will prompt you to enter your old company number, department number, sub-department number and Meditech GL account number, and will then provide your new Accounting Unit.
2. Attend the webinar for Department Heads. The webinar for Department Heads occurred on June 1 at 10:00 a.m. and June 2 at 3:00 p.m. Don’t worry, if you didn't make one of these sessions, the recordings and supporting materials are listed below.
6/1/2021: Financial Management and Procure-to-Pay Introduction and Demonstration to Leadership Council
- Supporting Materials
QUESTIONS?
For questions about the new Accounting Units or crosswalk, please contact your local Decision Support lead.
ABOUT THE MOVE TO INFOR
Infor, which is already used by UMMS Human Resources, Payroll, Supply Chain, and Financial Management, is a best-in-class system which will increase automation, streamline processing and standardize reporting. Now, we’re expanding it to deliver these benefits System-wide.