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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 accounting 1 day training


Sage Analyst Day 2011: Not your Older Brother’s Sage - Part 3
Part 1 of this series analyzed the transformative events during the last few years at Sage Group, Plc (LSE: SGE) and its Sage North America subsidiary. These

accounting 1 day training  resource planning (ERP)  or accounting product is a commodity whereby customers use less than 20 percent of available features. Today’s business model is still software license focused by vendors, although customers prefer value-adding services. Even more, the typical user experience is “out of the box” – i.e., not personalized and not always relevant. Therefore, Sage’s view is that customer intelligence can deliver relevant and personalized experiences, thus creating a meaningful connection

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

ERP for Services (Non-manufacturing)

Typically, ERP systems designed for services industries offer modules that provide back-office support, customer relationship management, time management, expense management, resource management, and project management capabilities. Depending on the vertical market, additional industry-specific functionality may be included to address unique business requirements. Consequently, project-centric systems for accounting, architecture, construction, engineering, and professional services industries will support project management functionality; whereas health care, field service, distribution, and government systems will support functionality unique to those vertical markets. 

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Finding the Key to Small Manufacturer’s Profits - Part 1


This post starts with a trivia question: Please name the mid-market enterprise resource planning (ERP) vendor that has existed the longest in the market with an ERP product that has never been merged with another product? In addition, the vendor and its product offerings have never been covered by TEC and myself. As a hint, the company was founded in 1979 and has always focused on discrete make-to

accounting 1 day training  not have true project accounting capabilities (although it does have some aspects of project-based manufacturing). Within the overall master job (for example, ProfitKey has had customers who made multi-mile piping systems for power plants), individual sections or sub-projects have their own sections that can be manufactured separately, and tracked in and of themselves, and their status can be monitored down through all levels (as deep as 50 levels), yet these sub-projects are all rolled up automatically. Read More

Justification of ERP Investments Part 1: Quantifiable Benefits from an ERP System


Studies that surveyed manufacturers about the impact of ERP systems on firm performance indicate that company size and industry do not affect the results. Benefits have been indicated for large and small firms, whether they make standard or custom products or are in discrete or process manufacturing environments. This section explains the quantifiable benefits in terms of several areas of improvement. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

accounting 1 day training  to satisfy demand. Improved accounting controls . Improved collection procedures can reduce the number of days of outstanding receivables, thereby providing additional available cash. Underlying these improvements are fast accurate invoice creation directly from shipment transactions, timely customer statements, and follow through on delinquent accounts. Credit checking during order entry and improved handling of customer inquiries further reduces the number of problem accounts. Improved credit Read More

Taking Stock of Infor’s HCM “Inventory Items” - Part 1


What TEC’s recent in-depth article Waking Up to a “New Day” at Infor hinted, my attendance of Inforum 2012 in late April confirmed. Namely, Infor started out as a traditional acquirer and market consolidator, but that is old news now. The re-energized vendor has recently moved on to a new chapter of innovation and industry

accounting 1 day training  and teacher contract (grant accounting) capabilities, all of which Lawson HRMS excels at in the US market. Lawson Performance Management for Healthcare , based on the 2006 CAS (Competency Assessment Solutions) acquisition, is still a differentiation, but is available only in the US, as is Lawson HR. Part 2 of this series will analyze the current state of affairs of the Infor10 HCM portfolio and try to make sense out of this overwhelming cornucopia. In the meantime, your comments, thoughts, suggestions, Read More

Are ASP Applications Right for You? Part 1: Decision Factors


Like so many Internet conventions, the Application Service Provider (ASP), is really a combination of two 'old' concepts, turn key applications and outsourced services. Many of the lessons learned from these areas are directly applicable to ASP provided applications, and many of the same questions need to be asked and answered before a determination can be made on whether an ASP application should be considered.

accounting 1 day training  the application, e.g., an accounting system may charge by transactions and number of accounts in the Chart of Accounts while a CRM application may charge by the number of contacts and users. End users are responsible for internal training, data entry and integration with existing processes. ASP applications can themselves be split into two categories, those that are true services , (such as a shipping cost calculator) that receive and return messages to a client application without exposing interfaces Read More

APICS 2009 Convention: Day 4 (Last Day)


The last day of the conference is different in three ways: there is no general session today; we have plant tours in the afternoon; and the exhibitors are gone (which is too bad, because for IBM only you could spend hours talking with all the vendors in their booth). As usual, we had a hard time choosing which learning session to attend. Gabriel wanted to learn more about sustainable

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accounting 1 day training  Spotlight: GMS Accounting and Financial Management System In this spotlight report, TEC Research Analyst Aleksey Osintsev examines GMS Accounting and Financial Management System, which was specifically designed for not-for-profit organizations. Learn all about GMS’s customers and marketing positioning, and how the software addresses the challenges for not-for-profit accounting. Also featured is a high-level overview of GMS Accounting and Financial Management System functionality. Read More

Survey Question of the Day


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accounting 1 day training  completely outsourcing your routine accounting functions and department (people AND technology) at a cost savings of 20 to 40%? {democracy:28} Optionally, if you want to let us know how you're voting, in the comments below please give us a rough sense of your business size, vertical, and geography. Read More

4th Quarter Accounting Software


4Q is specially engineered to support the development of custom software using the 4th Dimension® (4D) database environment. 4th Quarter’s patented "accounting engine" provides GL, AR, AP, Checking, Order Entry, Inventory, Financial Reporting, DB Administration, and Payroll functions to any custom-written 4D-based business application. The 4th Quarter family of products include 4Q Shell, 4Q Core, 4Q Full, and 4Q Job Costing. All versions run “out of the box,” without modification, on Mac and PC systems. Source code is available.

accounting 1 day training  Quarter Accounting Software 4Q is specially engineered to support the development of custom software using the 4th Dimension® (4D) database environment. 4th Quarter’s patented accounting engine provides GL, AR, AP, Checking, Order Entry, Inventory, Financial Reporting, DB Administration, and Payroll functions to any custom-written 4D-based business application. The 4th Quarter family of products include 4Q Shell, 4Q Core, 4Q Full, and 4Q Job Costing. All versions run “out of the box,” without Read More

The Truth about Agent Training and Turnover in the Contact Center


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25% Less Learning Time? Find the Right Approach to Training


A key challenge in software implementation is getting the end users up to speed with a new system. Training just doesn’t seem to work—or is not fast enough. But what if you could learn how to use a new software in 25% less time, using a method has been around for more than half a century? Find out why the Training Within Industry (TWI) approach works, and how you can use it today to swiftly train your people to use new software.

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Graduating from QuickBooks to Cloud Financials and Accounting


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accounting 1 day training  to Cloud Financials and Accounting A new breed of cloud computing solutions has emerged to address businesses’ real-time financial management needs. Research shows that these powerful and flexible solutions are gaining widespread adoption across nearly every application category, including financial management. Download this report to learn more about how cloud-based financial management solutions are responding to the growing needs of small and mid-sized organizations. Read More