As an integral tool within the Infor ecosystem, the GL Report Designer empowers finance teams to bypass rigid reporting structures, enabling users to create and manage highly tailored General Ledger reports directly. By offering flexibility and direct control over financial data presentation, this tool ensures accuracy, enhances efficiency, and provides the vital insights needed to guide the organization’s financial future.
This article provides an in-depth examination of the Infor Global Ledger Report Designer, its key features, and how it enhances visibility into key financial data and processes.
What is Infor GL Report Designer?
The Infor GL Report Designer is a standard financial reporting application that empowers users to capture general ledger data, perform key calculations and comparisons, and define and run general ledger reports without allocating additional IT resources.
Similar to other landmark Cloudsuite reporting capabilities, the GL Report Designer provides standard functionality that enables users across the organization to create reports as needed, thereby facilitating greater visibility into key data sources.
The GL Report Designer enables organizational users to:
- Build, analyze, and distribute reports for collaboration across business groups
- Leverage tailored replication sets to determine the frequency of data refreshment tasks
- Create new reports without requiring additional IT resources or system administrators
Key Features and Benefits
- Customizable Financial Statements: The tool offers the flexibility to create highly specific, tailored financial reports that go beyond rigid, standard formats. Users can define layouts, inclusion criteria, and calculations to meet the unique demands of key stakeholders or regulatory requirements.
- Real-Time Data Access: The Report Designer pulls data directly from the General Ledger (GL), ensuring that all reports reflect the most current financial status. This eliminates the need for manual data extraction into spreadsheets, minimizing errors and providing a reliable single source of truth.
- Efficient Reporting Cycles: Finance teams can significantly speed up the reporting cycle and the month-end close process. Once a template is built, reports can be run quickly, saved, and distributed efficiently, reducing the administrative burden.
- Filtering and Drill-Down Capabilities: Users can build sophisticated criteria into their reports, enabling dynamic slicing and dicing of data. The ability to drill down directly from a summarized figure to the underlying transaction details also enhances analysis and facilitates faster investigation of discrepancies.
- Compliance and Auditing: The ability to precisely define report logic and structure, combined with direct links to the source GL data, ensures that financial statements meet both internal and external compliance standards, making the auditing process smoother and more transparent.
Navigating the Report Designer Tool
- Create a row view for key financial data: Navigate to the “Row Views” column in the Report Designer tool, select the relevant data points, customize the data ordering, and click ‘Save’.
- Build a column view for functional areas: Identify whether the data is being pulled from source information or a new calculation, choose the relevant selection, and populate each column individually within each functional area.
- Combine the row and column views: Create and name relevant reports, select the appropriate row and Column views, and customize key analysis areas, such as sections, previews, and report parameters.
- Preview and run the report: Create the report outline and access a tailored view to understand what the report will look like in the production view before actually running it.
Partner with Our Experts
Partner with Surety Systems to maximize the value of your Infor GL Report Designer investment. We specialize in transforming your reporting process from a technical burden into a strategic asset.
Our senior-level Infor/Lawson consultants provide the in-depth financial and system knowledge required to design and configure complex, custom layouts and calculation logic that align perfectly with your internal and regulatory requirements, facilitating real-time integration across your enterprise landscape.
Contact Us
For more information about our Infor/Lawson consulting services or to get started on a project with our team, contact us today.
