Financial accounting made easier with Lawson
February 26, 2019

Financial accounting made easier with Lawson

Anonymous | TrustRadius Reviewer
Score 7 out of 10
Vetted Review
Verified User

Overall Satisfaction with Lawson (Intentia)

Lawson is used as an ERP for Financial Accounting for a large part of the product verticals (except Manufacturing Plants where MFG PRO is used).

It meets the Financial Accounting requirements of our organization with a lower cost of ownership. The application has been largely customized to suit our requirements. The reporting capabilities are met by taking the data to a separate Data Warehouse and reports are built on top of it with a near real-time feed from ERP.
  • Fixed asset accounting.
  • Activity-based accounting.
  • Fiscal ledger and management ledger reporting.
  • Shared cost allocations.
  • Reporting capabilities with mobility options.
  • Flexibility to multiple hierarchical reporting.
  • Lower cost of ownership.
  • Easier to train the users.
We have used Lawson for over15 years. I'm not sure what products were reviewed when Lawson was implemented. We migrated from AS/400 to Lawson for most of our product verticals/geographies. Lawson is easier to use compared with other ERPs, perhaps due to the fact it has been used for many years and we have a well-matured user base.
Lawson, as a Financial Accounting System, meets the expectations with a lower cost of ownership. The license cost, implementation cost, and sustaining efforts are much lower compared with other major players and it can be well suited for small, medium and large companies.

Infor is not substantially investing in upgrading Lawson to meet the next generation reporting needs including automation, mobility, and integration to consolidation.

Infor M3 Feature Ratings

Accounts payable
8
Accounts receivable
7
Global Financial Support
7
Primary and Secondary Ledgers
8
Journals and Reconciliations
Not Rated
Configurable Accounting
7
Standardized Processes
7
Billing Management
Not Rated
Revenue Recognition
7
Cash and Asset Management
7
Travel & Expense Management
Not Rated
Budgetary Control & Encumbrance Accounting
7
Period Close
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Dashboards
6
Standard reports
6
Custom reports
7
API for custom integration
6
Plug-ins
6
Role-based user permissions
8
Single sign-on capability
8
Award Lifecycle Management
Not Rated
Spending Control
Not Rated
Indirect Cost Management
Not Rated
Budgeting and Forecasting
7
Project Costing
7
Cost Capture
8
Capital Project Management
8
Customer Contract Compliance
Not Rated
Project Revenue Recognition
8
Project Planning and Scheduling
Not Rated
Task Insight for Project Managers
Not Rated
Project Mobile Functionality
Not Rated
Project Candidate Search
Not Rated
Definable Resource Pools
Not Rated
Talent Profiles
Not Rated
Absence Management
Not Rated
Not Rated
Bids Analyzed and Compared
Not Rated
Catalog Shopping E-Commerce for Employees
Not Rated
Contract Authoring
Not Rated
Contract Repository
Not Rated
Requisitions-to-Purchase Orders Integrated
Not Rated
Supplier Management
Not Rated
Contract Renewal Automation
Not Rated
Risk Repository
Not Rated
Control Management
Not Rated
Control Efficiency Assessments
Not Rated
Issue Detection
Not Rated
Remediation and Certification
Not Rated
Not Rated
Transportation Planning and Optimization
Not Rated
Transportation Execution Management
Not Rated
Trade and Customs Management
Not Rated
Fulfillment Management
Not Rated
Warehouse Workforce Management
Not Rated
Not Rated
Production Process Design
Not Rated
Production Management
Not Rated
Configuration Management
Not Rated
Work Execution
Not Rated
Manufacturing Costs
Not Rated
Not Rated
Forecasting
Not Rated
Inventory Planning
Not Rated
Performance Monitoring
Not Rated
Proposal Management
Not Rated
Product Master Data Management
Not Rated

Lawson (Intentia) Support

The support is satisfactory, given the large user base of the product. We had no issues to meet our reporting deadlines with Lawson. The organizational support team internally are well trained and hence only on exceptional basis issues are escalated to Lawson support team. We had no negative experience so far with the support of Lawson.
ProsCons
Quick Resolution
Good followup
Knowledgeable team
Problems get solved
Immediate help available
Support cares about my success
None

Using Lawson (Intentia)

It meets most of the reporting requirements and ability to use the system easily. We like the simple interfaces for the users and ability to perform mass journal entry uploads. The Master data is easy to consume by users, including Chart of Accounts structure, Accounting Units, Cost Centers. The Activity based reporting feature is useful.
ProsCons
Like to use
Relatively simple
Easy to use
Technical support not required
Quick to learn
Convenient
Feel confident using
Familiar
None
  • Posting Journal Entries
  • Reviewing Financial Reports
  • Visibility of Master data and hierarchies
  • Advance analytical and Reporting capabilities
  • Integration with other systems