Description

1. Introduction

This training provides comprehensive knowledge of Infor FSM (Financials & Supply Management), covering financial management, accounting, procurement, supply management, payables, receivables, asset management, budgeting, and reporting. The course combines functional concepts with hands-on exercises to help participants understand and work with Infor FSM in an enterprise environment.

The training can be tailored for finance, accounting, procurement, supply chain, and business users, depending on the participant’s role and organizational requirements.

2. Prerequisites

Participants should have:

• Basic understanding of accounting and financial management concepts
• Familiarity with accounts payable, accounts receivable, general ledger, and procurement processes
• Basic understanding of supply chain and purchasing processes
• Familiarity with enterprise business applications or ERP systems is beneficial
• Basic computer and web application skills
• No prior Infor FSM experience is mandatory

3. Training Duration

Recommended Duration: 40 Hours

Suggested Delivery Format:

• 20 sessions × 2 hours, or
• 10 sessions × 4 hours
• Instructor-led training with demonstrations, discussions, and hands-on labs

4. Table of Contents

Module 1: Introduction to Infor FSM

1.1 Infor FSM Overview

1.1.1 Infor FSM architecture and platform
1.1.2 Financials & Supply Management overview
1.1.3 Core business capabilities
1.1.4 FSM user roles and responsibilities
1.1.5 Navigation and application interface

1.2 FSM Environment and Configuration

1.2.1 Organizations and enterprise structures
1.2.2 Companies and accounting entities
1.2.3 Business classes and process structures
1.2.4 Security and user access
1.2.5 Application configuration concepts

Module 2: General Ledger and Financial Accounting

2.1 General Ledger Fundamentals

2.1.1 Chart of accounts
2.1.2 Accounting dimensions
2.1.3 Ledger structures
2.1.4 Journal entries
2.1.5 Accounting periods

2.2 Journal Processing

2.2.1 Manual journal entries
2.2.2 Recurring journals
2.2.3 Journal approvals
2.2.4 Journal posting
2.2.5 Journal corrections and reversals

2.3 Period and Year-End Processing

2.3.1 Period closing
2.3.2 Period reopening
2.3.3 Year-end processing
2.3.4 Account reconciliation
2.3.5 Financial close management

Module 3: Accounts Payable

3.1 Accounts Payable Overview

3.1.1 Supplier and vendor management
3.1.2 Invoice processing
3.1.3 Payment terms
3.1.4 Invoice matching
3.1.5 AP workflow

3.2 Invoice Processing

3.2.1 Invoice entry
3.2.2 Purchase order invoices
3.2.3 Non-purchase order invoices
3.2.4 Invoice validation
3.2.5 Invoice approval

3.3 Payments

3.3.1 Payment processing
3.3.2 Payment selection
3.3.3 Payment approval
3.3.4 Electronic payments
3.3.5 Payment reconciliation

Module 4: Accounts Receivable

4.1 Accounts Receivable Fundamentals

4.1.1 Customer management
4.1.2 Customer accounts
4.1.3 Receivables transactions
4.1.4 Customer invoicing
4.1.5 Receivable accounting

4.2 Cash Application

4.2.1 Customer payments
4.2.2 Payment application
4.2.3 Unapplied cash
4.2.4 Payment adjustments
4.2.5 Account reconciliation

4.3 Collections and Credit Management

4.3.1 Customer credit management
4.3.2 Collection processes
4.3.3 Aging analysis
4.3.4 Delinquent accounts
4.3.5 Collections reporting

Module 5: Cash Management

5.1 Cash Management Fundamentals

5.1.1 Cash management overview
5.1.2 Bank accounts
5.1.3 Cash transactions
5.1.4 Cash positioning
5.1.5 Cash forecasting

5.2 Bank Reconciliation

5.2.1 Bank statement processing
5.2.2 Transaction matching
5.2.3 Reconciliation rules
5.2.4 Exception handling
5.2.5 Reconciliation reporting

Module 6: Asset Management

6.1 Fixed Asset Management

6.1.1 Asset master data
6.1.2 Asset acquisition
6.1.3 Asset capitalization
6.1.4 Asset transfers
6.1.5 Asset disposal

6.2 Depreciation

6.2.1 Depreciation methods
6.2.2 Depreciation books
6.2.3 Depreciation calculation
6.2.4 Depreciation adjustments
6.2.5 Depreciation reporting

Module 7: Procurement and Supply Management

7.1 Procurement Fundamentals

7.1.1 Procurement lifecycle
7.1.2 Requisitions
7.1.3 Purchase orders
7.1.4 Suppliers and sourcing
7.1.5 Procurement approvals

7.2 Purchasing

7.2.1 Purchase order creation
7.2.2 Purchase order amendments
7.2.3 Purchase order receiving
7.2.4 Purchase order matching
7.2.5 Purchase order closure

7.3 Receiving and Inventory

7.3.1 Receiving processes
7.3.2 Item and inventory management
7.3.3 Inventory transactions
7.3.4 Stock adjustments
7.3.5 Inventory reconciliation

Module 8: Strategic Sourcing and Supplier Management

8.1 Supplier Management

8.1.1 Supplier onboarding
8.1.2 Supplier master data
8.1.3 Supplier qualification
8.1.4 Supplier performance
8.1.5 Supplier compliance

8.2 Sourcing and Contracts

8.2.1 Sourcing events
8.2.2 Requests for information
8.2.3 Requests for quotation
8.2.4 Bid and supplier evaluation
8.2.5 Contract management

Module 9: Budgeting and Financial Planning

9.1 Budget Management

9.1.1 Budget structures
9.1.2 Budget creation
9.1.3 Budget allocation
9.1.4 Budget approvals
9.1.5 Budget revisions

9.2 Budget Control

9.2.1 Budget checking
9.2.2 Encumbrance management
9.2.3 Budget availability
9.2.4 Budget variance analysis
9.2.5 Budget reporting

Module 10: Project and Grant Accounting

10.1 Project Accounting

10.1.1 Project setup
10.1.2 Project costing
10.1.3 Project transactions
10.1.4 Project billing
10.1.5 Project financial reporting

10.2 Grant Management

10.2.1 Grant setup
10.2.2 Grant budgets
10.2.3 Grant transactions
10.2.4 Grant compliance
10.2.5 Grant reporting

Module 11: Financial Reporting and Analytics

11.1 Financial Reporting

11.1.1 Financial statements
11.1.2 Balance sheet reporting
11.1.3 Income statement reporting
11.1.4 Trial balance
11.1.5 Account analysis

11.2 Reporting and Analytics

11.2.1 FSM reporting capabilities
11.2.2 Operational reports
11.2.3 Financial dashboards
11.2.4 Ad hoc analysis
11.2.5 Report scheduling and distribution

Module 12: Workflow, Security and Administration

12.1 Workflow Management

12.1.1 Workflow concepts
12.1.2 Approval workflows
12.1.3 Notifications and alerts
12.1.4 Workflow monitoring
12.1.5 Exception handling

12.2 Security and Administration

12.2.1 Users and roles
12.2.2 Security classes
12.2.3 Data access controls
12.2.4 Administrative tools
12.2.5 Audit and compliance

Module 13: Integration and Data Management

13.1 FSM Integration

13.1.1 Integration concepts
13.1.2 Infor integration framework
13.1.3 External system integration
13.1.4 Data exchange
13.1.5 Integration monitoring

13.2 Data Management

13.2.1 Master data management
13.2.2 Data validation
13.2.3 Data import and export
13.2.4 Data conversion concepts
13.2.5 Data quality management

Module 14: End-to-End Business Processes and Practical Exercises

14.1 Procure-to-Pay

14.1.1 Requisition creation
14.1.2 Purchase order processing
14.1.3 Receiving
14.1.4 Invoice matching
14.1.5 Supplier payment

14.2 Order-to-Cash

14.2.1 Customer transaction
14.2.2 Invoicing
14.2.3 Receivables processing
14.2.4 Cash application
14.2.5 Collections

14.3 Record-to-Report

14.3.1 General ledger transactions
14.3.2 Journal processing
14.3.3 Account reconciliation
14.3.4 Period close
14.3.5 Financial reporting

14.4 Integrated Case Study

14.4.1 Enterprise setup
14.4.2 Master data configuration
14.4.3 Transaction processing
14.4.4 Cross-functional process execution
14.4.5 End-to-end financial analysis

5. Student Lab Setup Specifications

Hardware

• Processor: Intel Core i5 / AMD Ryzen 5 or equivalent
• RAM: Minimum 8 GB; 16 GB recommended
• Storage: Minimum 20 GB free space
• Display: 1366 × 768 resolution or higher
• Stable broadband internet connection

Software

• Modern web browser: Microsoft Edge, Google Chrome, or Mozilla Firefox
• PDF reader
• Microsoft Excel or compatible spreadsheet application
• Screen resolution suitable for enterprise web applications

Infor FSM Environment

• Access to a dedicated Infor FSM training environment
• Individual student user credentials
• Appropriate roles and security permissions
• Preconfigured enterprise/company structure
• Sample chart of accounts and financial dimensions
• Sample customers and suppliers
• Sample products/items and purchasing data
• Configured procurement and financial workflows
• Access to relevant reporting and analytics features

Lab Exercises

The training environment should support hands-on exercises covering:

• General Ledger transactions
• Accounts Payable and invoice processing
• Accounts Receivable and cash application
• Procurement and purchase orders
• Supplier management
• Inventory and receiving
• Asset management
• Budget management
• Financial reporting
• End-to-end Procure-to-Pay
• End-to-end Order-to-Cash
• Record-to-Report processes