Infor Offers Free Financing for its ERP Solution

June 18, 2009 - 4:01pm | 0 Comment(s)

As a sign of the times, Infor has offered a new financing program for its users. Taking into consideration the economy and the many problems that come with it, Infor has decided to offer an interest free financing program that should greatly benefit struggling companies in need of an ERP Solution.

This trend continues to gain traction as vendors continue to offer flexible pricing plans as an attempt to draw in customers and close deals. Infor has listened to its customers requests as they struggle to save cash. This financing program provides the perfect solution to appease both Infor and its customers in helping Infor retain its customers while also allowing its customers to hold on to their cash.

There are mixed reviews regarding Infor’s new financing plan. Since Infor is privately held, it’s hard to gauge how hard the economy has hit Infor. This may be a plan for Infor to appeal to its customers or to provide Infor more security by allowing them to hold on to their struggling customers.

However, some claim that this financing plan should not have too much of an impact on existing sales. Many companies who are not creditworthy would probably not be offered this special financing from Infor and companies who are creditworthy have other financing options that have been always available. With interest rates currently so low, the impact of this financing program could be minimal.

As Infor and other ERP Software providers continue to struggle to survive in the economy, these new innovative ways to appease customers could help. Getting feedback from customers and taking it into consideration could be the advantage ERP Providers like Infor need to make it through the tough economy.