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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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Finance and Accounting Solutions Buyer’s Guide for Small to Medium Enterprises
For large organizations, enterprise resource planning (ERP) systems promise big gains by helping grow revenue and increase productivity. But can ERP benefit

buy simply accounting  capabilities. Oracle continued its buying spree by purchasing Retek for retail operations and Siebel for CRM. And Microsoft acquired eBECS Ltd. for its lean manufacturing capabilities. According to AMR Research's 2007 ERP Providers Serving the Midmarket, the ERP market will continue to grow at 18 percent, largely through add on functionality. Vendors will continue their acquisitions, with the goal to create product portfolios and be a single source of business applications for their customers and

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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

Process Manufacturing (ERP)

The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today's leading ERP systems group all traditional company management functions (finance, sales, manufacturing, human resources) and include, with varying degrees of acceptance and skill, many solutions that were formerly considered peripheral (product data management (PDM), warehouse management, manufacturing execution system (MES), reporting, etc.). While during the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-Business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The old adage is "Such a beginning, such an end", and, consequently, many ERP systems' failures could be traced back to a bad software selection. The foundation of any ERP implementation must be a proper exercise of aligning customers' IT technology with their business strategy, and subsequent software selection. This is the perfect time to create the business case and energize the entire organization towards the vision sharing and a buy in, both being the Key Success Factors (KSFs). Yet, these steps are very often neglected despite the amount of expert literature and articles that emphasize their importance.    

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Documents related to » buy simply accounting

Deltek Going Private Again




buy simply accounting  and Thoma Bravo doesn’t buy companies if the firm doesn’t think the asset can continue to grow. This is simply a case of a seasoned private equity firm buying a company from another private equity firm. New Mountain Capital had held the investment for seven years (which is an industry average). Deltek was not doing badly at all, and that’s why its price was hefty. Maconomy and the government intelligence services ( Input and FedSources ) were great acquisition deals under New Mountain Capital, Read More

Ask the Experts: So, This ERP Thing… How Does It Work?


TEC reader Martin K. recently wrote in with these questions: What kind of data is handled by ERP systems and how it is done? How does the interface work? Which departments normally use it? And who is the recommended team that should choose the ERP system?TEC analyst Alex Hankewicz says: To answer these questions, we need to take a step back and examine the evolution of ERP. ERP

buy simply accounting  for prospective ERP system buyers, as there are so many choices that can support the best practices of what ever industry vertical or business model your organization has in place. If your organization has limited IT resources and budget constraints, one option to consider is software as a service (SaaS), whereby your organization can access a externally hosted solution with a set of pre-configured modules that can provide the functionality of a completely integrated ERP system (for a monthly fee). This Read More

Enterprise Software: What to Expect When You're Expanding


Everyone wants their business to grow, to broaden its operations within a territory or country and, eventually, across borders to other countries and continents. However, business expansion abroad entails a great deal of forethought, especially with regard to enterprise software applications. In fact, the differences in business environments may not only affect corporate business strategy, but

buy simply accounting  Russia no business will buy a significant (ERP-like) system without having multiple in-person meetings with the vendor’s top management, doing extensive background checks and security verifications, etc. Trust and credibility are serious issues in Russia and therefore cloud solutions are not extensively used, although they are available and being heavily promoted. Some countries have more corruption than others, so hidden payments of many types may simply be a standard additional expense of doing Read More

How to Access and Buy Business Management Software


For most companies, changing accounting software is a daunting challenge. Not only is transitioning the accounting function to a new software package tricky in itself, but it is usually catalyzed by one or more business challenges that are (hopefully) solved by the new system. Knowing that, how can you minimize the risks involved in selecting a new accounting application?

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Top ERP, CRM, Accounting, HR, POS, CMMS-EAM Software Comparisons


To find out, simply use. TEC's ERP comparison reports to compare any three ERP manufacturing solutions of your choice.

buy simply accounting  ERP, CRM, Accounting, HR, POS, CMMS-EAM Software Comparisons There are a lot of new ERP solutions dedicated to manufacturing businesses. There are a lot of new accounting solutions dedicated to businesses of all sizes and industries. There are a lot of customer relationship management (CRM) solutions, a lot of human resources (HR) and human capital management (HCM) solutions, a lot of new point of sale (POS) and retail management systems (RMSs), a lot of new computerized maintenance management systems Read More

EMC to Buy Data General


WALTHAM, Mass., August 9th, 1999 (Reuters) - High-end data storage leader EMC Corp. (NYSE:EMC) on Monday moved to grab a chunk of the mid-range storage business with a deal to buy Data General Corp. (NYSE:DGN) for $1.1 billion in stock, the companies said.

buy simply accounting  to Buy Data General EMC to Buy Data General WALTHAM, Mass., August 9th, 1999 (Reuters) High-end data storage leader EMC Corp. (NYSE:EMC) on Monday moved to grab a chunk of the mid-range storage business with a deal to buy Data General Corp. (NYSE:DGN) for $1.1 billion in stock, the companies said. EMC, which holds a 35 percent share of the $12 billion high-end storage market, said it will lend its considerable distribution and support muscle to leverage Data General's CLARiiON line of mid-range storage Read More

Rapid Prototyping Or Simply Over-hyping


Having to install an entire suite of software before the strike of Y2K may have made rapid prototyping impractical. However, because we now have the luxury of taking on projects with narrower scopes and a return to popularity of the 'best of breed' solutions, rapid prototyping should be considered as a viable approach for implementation. Accordingly, it is important to understand what can make rapid prototype projects successful, thereby possibly enabling your organization to achieve expected results more quickly.

buy simply accounting  Prototyping Or Simply Over-hyping Rapid Prototyping Or Simply Over-hyping Featured Author - Joseph J. Strub - November 1, 2003 Introduction Installing software using the rapid prototyping technique offers significant benefits. Results are realized sooner. You are able to visualize the working software early on in the process. A project can be divided into more manageable, doable pieces. As depicted in the model (Figure 1), in the best of all worlds, rapid prototyping should deliver benefits quickly Read More

10 Strategies for Getting the Right ERP and Accounting Solution


That's where the white paper 10 strategies for getting the right ERP and accounting solution comes in.

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An IFRS Fable: The Company That Waited Too Long


Many US companies find themselves acting like “Wait-and-See, Inc.” They interpret the switch from US Generally Accepted Accounting Principles (GAAP) to IFRS as a matter of compliance rather than an opportunity to become more globally competitive by improving key internal processes. But transitioning to IFRS offers many benefits beyond compliance. Find out what those benefits are, and how your company can harness them.

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GMS Accounting Management Software


GMS has been generating accounting software specific to not-for-profits since 1980. The GMS Accounting and Financial Management System is not a traditional commercial accounting or government fund package adapted for not-for-profit use. It is a grant and contract accounting system. In later years, GMS created the GMS Revolving Loan Servicing System for use in clients' offices that administrated revolving loan and other lending programs. GMS is a privately held company and is an employee stock ownership plan (ESOP). Our headquarters is located in Kensington, Maryland (USA), with six employees working at that location. The rest of staff is located throughout the USA in different states.

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Finance Transformation and Routine Accounting: Enabling the Corporate Controller’s Role as a Strategic Contributor


The first role of the corporate controller has been to ensure corporate financial controls and—as a distant second—make strategic business contributions. But the installation of on-premise enterprise resource planning (ERP) and accounting software meant that controllers’ roles now involve financial software know-how. To achieve financial transformation, controllers need guidance and practical strategies. Learn more.

buy simply accounting  traditional ERP approach. The buy-install-maintain software cycle is unfortunately still a large part of many job descriptions for Controllers and leading the integrations of new ERP systems can turn talented financial talent into second rate-IT personnel. To avoid this problem, enterprises need to look beyond traditional ways to help the controller achieve a big-picture view of finance. Therefore what is now needed for enterprises that cannot afford or don’t want to allocate time and personnel to the Read More

Overcoming the Barrier of Traditional Accounting in Lean Environments


Manufacturers of all sizes are more efficient, better managed, and more profitable because of lean—yet this improvement has plateaued at many companies. What’s holding up the progress of lean? The real problem is that as lean evolves and spreads beyond the plant floor, its conflict with traditional accounting is escalating—and becoming more dangerous to the financial health of manufacturers.

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Navigator Business Solutions Navigator One for SAP Business One (v88) for Accounting Certification Report


Navigator One for SAP Business One (v88) is now TEC Certified for online comparison of accounting software in TEC's Evaluation Centers. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

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Geac Upgrades Accounting And Human-Resources Apps -- SQL Release 6.0 Simplifies Purchasing And HR Services For Midsize Companies


Geac SmartEnterprise Solutions released an updated version of its human resources and accounting applications for midsize companies at the beginning of January. SQL Financials and HR Release 6.0 are available immediately, as are a set of employee self-service applications that integrate with the suite. Geac SmartEnterprise, a division of Geac Computer Corp., acquired the SQL suite last year from Clarus Corp.

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