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Infor Streamlines Global Consolidation, Analysis and Reporting in 25 Countries for Orient-Express
ATLANTA, Georgia - Mar 29, 2007

Infor today announced Orient-Express Hotels Limited has selected Infor's Performance Management (PM) Business Process Applications (BPA) software. The solution, which is part of the Infor PM suite of performance management software, will improve and streamline financial reporting and integrate financial information across all 49 of its luxury hotel and leisure business units spanning 25 countries.

 

Infor PM BPA will provide Orient-Express with a centralised, web-based financial performance management system across its 39 hotels, six tourist trains, two restaurants and two river cruise operations. With a `drag and drop' facility to allow for ease of data comparison between different business units, the highly functional performance management solution will provide a single, integrated financial reporting system to replace the existing spreadsheet based reporting processes.

 

"We have business units spread throughout the world, and so we were looking for a more accessible, accurate and automated financial reporting system," said Dillip Rajakarier, Deputy Chief Financial Officer at Orient-Express. "Infor PM BPA software provides us with a single web-based tool which simplifies the entire reporting process while providing us with a much more in depth drill down facility to further analyse and compare our management reports and consolidate all of our financial information."

 

Previously for Orient-Express, the collection and reporting of financial and sales information involved the manual integration of several complex spreadsheets, potentially prone to human error. Infor PM BPA software now enables the company to automate this process, removing discrepancies in data and providing real-time budgeting information, leading to accurate and timely reporting.

 

Chris Harman, Regional Vice President for Infor Performance Management, commented, "We're delighted to be working with Orient-Express. The relationship is testament to the business benefits that Infor brings to its customers. In an increasingly competitive hotels and leisure market place businesses need to ensure they have the most accurate and efficient reporting processes to monitor performance.

 

"Over the last 12 months Infor has seen the demand for its PM solutions grow significantly as customers want to not only measure but help apply a consistent global management structure to multiple disparate business units. Infor's solution not only enables a head office to compare and contrast performance figures across all units but enables the operating units themselves to easily benchmark against the rest of the group. These systems are all about providing value at all points of the management chain."

 

Infor PM BPA software, which is part of the Infor PM suite of performance management software, is an open, fully integrated, closed loop performance management solution, built as a single application on a common schema to ensure data consistency and to provide a rapid time to value for customers who are looking to unify their business processes. It affords enterprises the flexibility to put powerful performance management capabilities - including strategy, planning, budgeting, forecasting, consolidation and reporting - in the hands of finance and business professionals across an organisation, while preserving centralised control of critical information.

 

In January 2007, Ventana Research ranked Infor as the overall leader for enabling Performance Management (PM) in an organisation. More than 10 leading PM vendors were evaluated on the basis of the functional capabilities of their solutions and, with an overall score of 97 percent, Infor was ranked highest for companies seeking a PM solution provider. Infor has been ranked the number one PM vendor for three years in a row.

 

Orient-Express Hotels, Trains and Cruises is a hotel and leisure company providing luxury travel experiences for discerning travellers in areas of outstanding cultural, historic or recreational interest. Founded in 1976 when the company acquired Hotel Cipriani in Venice, Orient-Express owns or has investments in 49 businesses: 39 highly individual hotels, two restaurants, six tourist trains and two river cruise operations, operating in 25 countries worldwide. The company believes that discerning travellers will choose a famous individual property in preference to a chain brand, so none of its businesses is called Orient-Express except the fabled Venice Simplon-Orient-Express luxury train which operates through Europe, linking London, Paris and Venice. Orient-Express chooses to own or part-own its businesses, believing equity returns are greater than management fee income alone and continues to seek out unique properties with expansion potential and introduce new experiences, restoring romance, glamour and style to international travel.

 

For more information, visit: http://www.orient-express.com

 

Infor delivers business-specific software to enterprising organizations. With experience built in, Infor's solutions enable businesses of all sizes to be more enterprising and adapt to the rapid changes of a global marketplace. With more than 70,000 customers, Infor is changing what businesses expect from an enterprise software provider.

 

For additional information, visit www.infor.com

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Posted Mar 29 2007, 05:20 PM by Archives