Join us for the Forpoint SunSystems Customer Breakfast: 8 November in Melbourne or 10 November in Sydney.
At this special in-person event we will present the recently launched Infor SunSystems Cloud solution. It’s a unique opportunity for you to get a first-hand look at the multitude of benefits this solution has to offer. Join us for a better understanding of the journey to the cloud. This presentation will be led by David Shahinian, Forpoint Solutions Director and Tim Truesdale, Senior Executive, Infor SunSystems Cloud.
Financial management software, Infor SunSystems has established itself as a formidable player, offering robust solutions for organizations worldwide. As the business environment evolves, so does the need for more agile, efficient, and scalable software solutions. This necessity has led to the development and adoption of cloud-based systems, marking a significant shift from traditional on-premise models. Understanding the intricacies of Infor SunSystems’ on-premise version compared to its cloud variant is crucial for organizations planning to optimize their financial management and reporting systems.
Infor SunSystems On-Premise Version
The on-premise version of Infor SunSystems has been the bedrock for many organizations’ financial management for years. It’s a comprehensive, highly customizable system that allows businesses to manage finances, including ledger accounting, budget management, and financial reporting, all within their own IT infrastructure.
Control and Customization
The on-premise version offers a high degree of control over the system. Organizations can customize the software to fit their specific needs, which is particularly beneficial for companies with unique processes or those in specialized industries.>
Data Security and Compliance
For businesses that operate in regions with stringent data residency laws or industries where data security is paramount, the on-premise model offers the advantage of keeping all data in-house, under the organization’s direct control.
Upfront Investment and Maintenance
: Implementing the on-premise version requires a significant initial investment in hardware and software. Additionally, the organization is responsible for the ongoing maintenance, updates, and security of the system, which can be resource-intensive.
While the on-premise system is robust, scaling it can be challenging and expensive, as it often requires additional hardware and software, along with potential downtime during upgrades.
Infor SunSystems Cloud Version
The cloud version of Infor SunSystems represents a paradigm shift, leveraging cloud computing’s power to offer a more flexible, scalable, and cost-effective solution.
Accessibility and Flexibility
The cloud version is accessible from anywhere, at any time, as long as there’s an internet connection. This accessibility is particularly beneficial for organizations with multiple locations or those that support remote work.
Reduced IT Burden
Since the cloud version is hosted off-site by Infor, the need for in-house maintenance, updates, and security is significantly reduced. This shift can free up IT resources to focus on more strategic initiatives rather than day-to-day maintenance.
Scalability and Cost-Effectiveness
The cloud model offers easier scalability compared to its on-premise counterpart. It allows businesses to scale up or down based on their needs without significant capital expenditure. Additionally, the pay-as-you-go subscription model can be more cost-effective for many organizations.
Continuous Updates and Innovation
Cloud-based systems are updated more frequently and with less disruption to operations. This ensures that businesses are always using the latest technology and can benefit from ongoing innovations and improvements.
Comparison and Considerations
When comparing the two versions of Infor SunSystems, several key factors emerge:
Deployment and Operational Model
The on-premise version requires a more traditional approach to deployment and operation, necessitating significant hardware and IT resources. In contrast, the cloud version simplifies deployment and reduces the operational burden on IT staff.
Data Security and Compliance
While the on-premise version provides direct control over data security, the cloud version benefits from Infor’s robust security protocols. However, organizations must weigh the importance of data control against the benefits of outsourcing security to a specialized provider.
Customization and Integration
The on-premise version typically offers more in-depth customization options, which can be crucial for some organizations. However, the cloud version has made strides in offering flexible integration options with other cloud-based applications and services.
Total Cost of Ownership (TCO)
The TCO for the on-premise version includes not only the initial investment but also ongoing maintenance and upgrade costs. The cloud version, with its subscription model, can offer a lower TCO over time, especially when considering the reduced need for in-house IT support and hardware investments.
Business Continuity and Disaster Recovery
The cloud version inherently provides better resilience in terms of business continuity and disaster recovery. Cloud providers typically offer robust backup and recovery mechanisms as part of their service.
The decision between Infor SunSystems’ on-premise and cloud versions is not merely a choice between two different software deployment models. It represents a strategic decision that impacts how an organization manages its financial processes, controls its data, and adapts to future challenges.
Organizations with a strong need for customization, control over their data, and those operating in industries with specific compliance requirements may find the on-premise version more suitable. Conversely, businesses seeking flexibility, scalability, and a desire to reduce their IT overhead might prefer the cloud version.