Story
Bank of New York Mellon Adopts Infor for Record to Report
Bank of New York Mellon, a financials organization in the United States, uses Infor WMS from Infor to support record to report for controllers and shared services.
Value results
| Category | Value result |
|---|---|
| Capability | Controllers and shared services work from the same Infor WMS record for financial close |
| Capability | Financial close can be reviewed without waiting on a personal export |
| Capability | Named workflow replaces ad hoc routing for financial close |
Story
Bank of New York Mellon did not need another dashboard that nobody opened. It needed record to report to move. In the United States, controllers and shared services already knew where financial close went wrong: too many copies, too little ownership, and a close process that waited on the loudest inbox.
Infor WMS from Infor is now in that path. Infor delivers industry-specific cloud ERP and supply chain applications for manufacturing, healthcare, hospitality, and distribution. The company treats it as production tooling for record to report, which is why controllers and shared services live in it rather than exporting from it once a quarter.
Bank of New York Mellon can show how financial close is handled today. That is the value: a repeatable way to run record to report on software the rest of the industry already recognizes.