Managing Director at iOCO Infor Services

Managing Director at iOCO Infor Services

By Mark Bannerman, Managing Director at iOCO Infor Services Infor’s Master Partner in Africa, operating as a Gold Partner

Africa is growing at a rapid rate. To feed this growth, and keep pace with global digital transformation trends, Industries across the African continent are seeking solutions that will help them accelerate growth while managing costs and risks.

From a technology and software perspective, growing African organisations require effective Enterprise Financial Management (EFM). However, implementing software is not beneficial if the users are not aware of how to fully leverage its benefits. To gain the full advantage of any software solution, savvy businesses are relying on strategic partners who can come alongside them to help them overcome modern-day, dynamic challenges and market volatility.

To make the most of this support, customers need EFM solutions that give them the power to unify all their financial, human resource, procurement, and business intelligence information.

Enter Infor SmartStream

Infor SmartStream is an integrated EFM suite. The solution includes general ledger, accounts payable, accounts receivable, fixed assets, inventory, purchasing, project tracking, and human capital management functionalities. With industry-leading, automated match rates, more proactive, exceptions-based processes are employed to lower the cost-per-transaction – all while enabling firms to reduce operational risk, aid compliance and improve customer service levels.

Delivering Smarter Finance for Real Time Operational Control

iOCO Infor Services has recently taken on the Infor SmartStream Products from BCX, with a view to helping customers upgrade to the new Infor CloudSuite solution. By embracing digital transformation, SmartStream offers flexible delivery models and utilities, allowing users to respond to regulators more effectively.

Leveraging AI, Machine Learning and Blockchain technology, the unique Transaction Lifecycle Management (TLM®) Platform delivers various services, including:

  • Cash and Liquidity Management
  • Client Money Segregation
  • Collateral Management
  • Confirmations Management
  • Corporate Actions Processing
  • Exception Management
  • Fees and Expense Management
  • Reconciliations
  • Reference Data
  • Trade Process Management

The solution delivers greater efficiency to customers’ middle and back office operations, in the areas of:

  • Card Processing
  • Cash & Liquidity Management
  • Compliance Management
  • Corporate Actions Processing
  • ETD/OTC Derivatives Processing
  • Fees Invoice Management
  • Reconciliations
  • Reference Data Management
  • Trade Finance
  • Trade Process Management
  • Treasury Confirmations

With these proven capabilities, more than 1 500 clients (including over 70 of the world’s top 100 banks, 8 of the top 10 asset managers, and 8 of the top 10 custodians) rely on SmartStream to gain a comprehensive view of their data for regulatory reporting. With real time operational control, they’re empowered to scale operations and increase revenue.

More Than Software

As Infor’s Master Partner in Africa, iOCO Infor Services partners with its customers, supporting their full range of business requirements. This ensures the software is used to its full capabilities, while helping customers to make informed strategic decisions, operate more effectively and perform better.

 

To discover why iOCO Infor Services are the best strategic partners for your EFM needs, CLICK HERE.

 

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