Peabody has upgraded to the latest version of Infor SunSystems in a bid to achieve a return on investment of around £1 million over the next five years. The iPOS purchase-to-pay application is expected to improve efficiency and achieve cost savings by enabling departmental-level procurement, with simplified budget checking when raising orders and reduced support costs.
The five-year £1 million RoI is anticipated to be based on improved coding accuracy, the elimination of duplicated processes, reduced support costs and procurement by department. Further benefits are expected through improved reporting and economies of scale when bringing new subsidiaries on board.
The main Infor SunSystems application currently has 24 users, while the iPOS system is being used by 300 employees across Peabody’s operations.
Sonia Ellingham, finance director, Peabody, said, “Peabody is a long-standing user of Infor SunSystems and our upgrade to the latest version, including the iPOS procurement system, means we can work more efficiently. This will help us continue to expand and provide better services to our tenants.”