Many companies want to use new technology such as AI to improve processes, while a large portion of that is already directly available for Infor CloudSuite. For Infor users, the Velocity Suite can easily be added to the existing environment. After configuration by your Infor partner, it works. But what exactly is the Infor Velocity Suite?
Infor Velocity Suite bundles four powerful technologies that together provide insight, automation, and innovation.
Four Pillars of the Velocity Suite
Process Mining
Process Mining provides insight into bottlenecks and inefficiencies based on your ERP data. By analyzing patterns and trends, you discover where processes slow down or where improvements are possible. You can also benchmark performance against trends in your own sector. This is done completely anonymously, but provides powerful insights into how you perform compared to other companies in the manufacturing industry.
Value+ Solutions
Value+ is a catalog of pre-built, industry-specific process flows. These solutions are immediately deployable within your Infor environment. You therefore do not need to develop anything and do not need to start lengthy projects.
GenAI
Generative AI supports analysis, decision-making, and communication. Think of automatically summarizing reports or generating insights. This accelerates the availability of knowledge in your organization. This AI is present within the Infor CloudSuite and uses ERP data. You therefore do not need a separate AI tool or additional collaboration with a supplementary vendor.
Robotic Process Automation (RPA)
RPA takes over repetitive and rule-based tasks. These bots work within your Infor processes and increase efficiency. They reduce the chance of errors and ensure that employees can focus on work that adds more value.
Practical Applications of the Velocity Suite
The power of Velocity Suite lies in the way the four technologies reinforce each other. The applications are broad and can be used in all kinds of processes. Within the Value+ catalog, numerous applications are already available that work directly in your Infor environment. Some concrete examples are:
Invoice Processing
Automatic processing of physical invoices with AI and RPA, including extraction of data, matching with a purchase order, and automatic updates in the ERP. This eliminates manual work and speeds up the Accounts Payable process.
Financial Period Close
Automation of generating and checking financial reports with RPA and IDP. Deviations are summarized in a single notification, largely eliminating manual checks.
Order Fulfillment for Contract Sales
Analysis and prediction of contract obligations throughout the full lifecycle. This solution supports shipping planners and supply chain managers with a streamlined process for contract management and helps limit financial risks through data-driven insights.
Purchase Order Updates
Automatic extraction and processing of supplier communications with RPA and IDP. Changes in quantities, delivery dates, and cancellations are updated immediately, so that deviations are resolved faster and the process becomes more accurate.
Supplier Compliance Checks
Periodic checks of suppliers based on government checklists. Thanks to AI and RPA, organizations can set up these checks and then have them executed automatically, ensuring compliance is continuously guaranteed.
Return Sales Order Automation
Use of GenAI to extract information from emails from your quality team about defective products. RPA automatically creates a return sales order and inspection order in the ERP, so that you and your colleagues always have access to up-to-date information.
Role of Xibis
New technology only delivers value when it is applied in the right way. Xibis has been guiding manufacturing companies in this since 1989 and is the first certified Velocity partner in the Benelux. Our approach is pragmatic and focused on immediate results. We help organizations leverage the power of the Velocity Suite with the technology they already have in-house.