This customer profile from Infor takes a look at Hisco, a leading distributor of electronic and industrial materials including abrasives, adhesives, chemicals, safety and packaging goods, and tools. Hisco wanted to replace their complex and labor-intensive SAP financial reporting application, be able to quickly and easily build financial statements and create financial reports and ad hoc reports, and obtain drill-down capabilities and be able to create a template for board of directors reporting.
“We once used SAP for financial reporting, but it lacked the flexibility we desired because it required extensive programming and data maintenance. F9 allows easy, repeatable financial reports to be generated on a monthly/quarterly/annual basis with the input of very few data elements. We also can generate ad-hoc reports to quickly drill down into account level balances to identify areas that need attention. With budget, forecast, and actual data F9 is a one-stop-shop for our financial reporting and analysis needs.” — Wade Brewer, Controller, Hisco