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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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 project on accounting cycle


Project-oriented versus Generic GL-oriented ERP/Accounting Systems
Caught between big-vendor ERP offerings requiring heavy customization, and off-the-shelf project management solutions that are easily outgrown, project-oriented

project on accounting cycle  payroll, revenue recognition, and project status reports (PSRs), which are used for period reporting on a project/task/phase level, and which can be regarded as the financial statement for the project. The managing-the-project process would feature the following detailed steps: create opportunity plan, establish detailed scope of services, create project plan with work breakdown structure (WBS), establish task schedules, search and add resources to plan, establish budget at resource level, add consultant

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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

Software Test Tools

Tools exist to support software testing at all stages of a project. Some vendors offer an integrated suite that will support testing and development throughout a project's life, from gathering requirements to supporting the live system. Some vendors concentrate on a single part of that life cycle. The software test tools knowledge base provides functional criteria you might expect from a testing tool, the infrastructure that supports the tool, and an idea of the market position of the vendor.  

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Keys to Implementing Project Portfolio Management


Project portfolio management (PPM) is a tool-supported process for optimally managing an organization’s “portfolio” of projects. And although PPM can provide real value, many organizations are finding PPM implementations difficult. However, there are key approaches that can increase your likelihood of success, as well as an effective step-by-step process for implementing PPM within your organization.

project on accounting cycle  of projects (Did the project complete on time and on budget? Did it produce the anticipated benefits?). You’ll also want to evaluate and critique the PPM process (Did the process work smoothly? What do participants think worked well and not so well? What can we do better next time?). Establish mechanisms and capability to regularly mine the experience gained from applications both to refine and improve the project valuation framework and the PPM process. 8. Follow a Roadmap for PPM Implementation The Read More

Are You Ready for the Project Economy?


The multitude of messages and media in this interactive age contributes to a fragmented consumer goods market. Shorter product life cycles, mass product customization, and increasing supply chain complexity are all symptoms of the new project economy. The arrival of this new age must be recognized by business leaders, and the systems supporting business must change to accommodate this reality.

project on accounting cycle  business systems. As the Project Economy moves forward, those who rely on the business philosophies and business systems of the Industrial Age will experience difficulty. If a company’s management processes or information systems are not up to the challenge, problems will manifest themselves in various ways depending on the individual company. OEMs making heavy use of extended supply chains will miss critical deadlines for product launches or see costs spiral out of control. Old systems designed for Read More

Project Portfolio Management for Service Organizations: Bridging the Gap between Project Management and Operations


There are two types of project portfolio management (PPM) solutions for professional services organizations (PSO). For smaller PSOs, best-of-breed vendors provide hosted solutions with out-of-the-box integrations, while integrated PPM solutions provide the complete back-office systems preferred by many larger PSOs.

project on accounting cycle  earned value management capabilities. Project management. This is the engine that runs a PSO. Service firms are project-centric by nature. The successful delivery of services is dependent on the project management methodologies and tools adopted. Key project management features include project scheduling, task management, and budget management. Bi-directional integration with Microsoft ( MS ) Project is also highly recommended, since approximately 80 percent of the project management world still uses it Read More

Best-of-breed Approach to Finance and Accounting


CODA's savvy accounting and financial offerings include budgeting, forecasting, scorecards, and tools that use Microsoft Excel spreadsheets collaboratively and securely. However, CODA must defend its narrow specialist and best-of-breed approach against larger-scale integrated enterprise system offerings.

project on accounting cycle  human resources (HR) or project portfolio management (PPM) and related analytics. Certainly, with its slew of solutions, CODA has responded well to the fact that finance departments in all industries and of all sizes are going through a tremendous reformation, driven by what often appear to be conflicting pressures—the demand for systems' standardization and conformance, accountability and performance, and cost reduction and corporate responsibility. Finance departments are increasingly required to Read More

Six Reasons You Should Think About Getting a New Accounting System


Accountants and business people overall are generally aware that whatever happens in the company must be reflected in the corresponding accounting books or ledgers as accurately and as quickly as possible. This means that accounting as a business process should be able to obtain, process, and store a significant volume of data that comes from a battery of different sources. I do not believe we

project on accounting cycle   Read More

Deacom Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Process ERP Certification Report


The Deacom product Deacom Integrated Accounting and Enterprise Resource Planning Software System (v.10.4) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for process manufacturing in the ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

project on accounting cycle  deacom,process manufacturing,integrated accounting,integrated accounting software,process manufacturing software,integrated accounting system,process manufacturing erp,integrated accounting systems,integrated accounting for windows,integrated accounting for windows 6th edition,process manufacturing industry,batch process manufacturing,what is process manufacturing,process manufacturing definition,process manufacturing erp software Read More

ERP vs Project-Based Solutions - Which is Right for You?


Are project-based solutions (PBS)—a new type of ERP for complex, engineer-to-order companies facing rapid change—right for you?

project on accounting cycle  vs Project-Based Solutions - Which is Right for You? Are project-based solutions (PBS)—a new type of ERP for complex, engineer-to-order companies facing rapid change—right for you? Read More

Genius Project


Genius Project is designed for different users, including team members, project managers, executives, and stakeholders. Genius Project provides standard templates, such as PMI, PRINCE2, and Six Sigma that can integrate into organizational processes. Genius Project is a project management solution with a number of tools, including portfolio management, project tracking, cost and budget tracking, planning tools, centralized resources management, timesheets, advanced reporting, process and workflow support, document management, risk management, and collaboration features.

project on accounting cycle  Project Genius Project is designed for different users, including team members, project managers, executives, and stakeholders. Genius Project provides standard templates, such as PMI, PRINCE2, and Six Sigma that can integrate into organizational processes. Genius Project is a project management solution with a number of tools, including portfolio management, project tracking, cost and budget tracking, planning tools, centralized resources management, timesheets, advanced reporting, process and workf Read More

Accounting Seed


Accounting Seed has developed a native application exclusively for the cloud Salesforce.com platform, that integrates accounting and enterprise resource planning (ERP) with customer relations management (CRM), seamlessly and securely under one roof, and visible to users on a single dashboard. Accounting Seed delivers a real-time, 360-degree view of a business, accessible by smartphone, tablet, or any computer, anywhere in the world.

project on accounting cycle  Seed Accounting Seed has developed a native application exclusively for the cloud Salesforce.com platform, that integrates accounting and enterprise resource planning (ERP) with customer relations management (CRM), seamlessly and securely under one roof, and visible to users on a single dashboard. Accounting Seed delivers a real-time, 360-degree view of a business, accessible by smartphone, tablet, or any computer, anywhere in the world. Read More

On-boarding for Organizational Growth


This white paper explores some of the drivers of the current focus on on-boarding, walks through some of the financial implications of improving the on-boarding process, and outlines a model of on-boarding that spans the employee lifecycle. By attending to these aspects of selection and on-boarding, organizations will be better placed to deliver excellent customer service and to retain their staff as economic growth takes a firmer foothold.

project on accounting cycle  boarding for Organizational Growth This white paper explores some of the drivers of the current focus on on-boarding, walks through some of the financial implications of improving the on-boarding process, and outlines a model of on-boarding that spans the employee lifecycle. By attending to these aspects of selection and on-boarding, organizations will be better placed to deliver excellent customer service and to retain their staff as economic growth takes a firmer foothold. Read More

Finance and Accounting Software Buyer's Checklist


And the smb finance and accounting checklist can help you with both.

project on accounting cycle  and Accounting Software Buyer's Checklist If you're interested in a new finance and accounting software package for your company, how can you make sure you get the right one? One way is to know which questions to ask, and what angles to consider. And the SMB Finance and Accounting Checklist can help you with both. Here you'll find a list of things to think about—and ask about—before you commit to any new finance and accounting software. Like, how big is your budget? What kind of reporting tools Read More

GMS Accounting and Financial Management System


The GMS Accounting and Financial Management/Reporting System integrates all accounting activity into an entity-wide system. The GMS Accounting system is not sold as separate modules, but rather as a package containing all the necessary functions to run your not-for-profit on a daily basis. Our underlying system design is entity-wide, providing you an integrated accounting system that performs all accounting activities. Systems are available in a 1–2 user version, a 3–4 user version, and a 5-or-more user version, either in Access or SQL Server applications. GMS has add-on software that can be purchased in addition to the basic package, including accounts receivable (AR), purchase orders (POs), direct deposit, fixed assets, and report writer. GMS also has a myriad of additional supplements to enhance your reporting features and that fit specific applications within your agency. GMS is designed to handle activity accounting. It is not a fund accounting system, but a grant and contract accounting system created and written specifically to account for grants, contracts, and activities. Key features include compliance with Financial Accounting Standards Board (FASB) 116 and 117 (requirements that all not-for-profit organizations follow); accounting, reporting, and budget monitoring for multiple grants and contracts, even if they have differing funding periods; multiple ways to handle important cost allocation issues for common costs, general and administrative costs, indirect costs, fringe benefits, leave costs, and various specialized cost pools; and a variety of ways to comply with all major Office of Management and Budget (OMB) Circulars. Our clients are exclusively not-for-profit and public organizations. They range in size from two to more than 1,000 employees.      

project on accounting cycle  Accounting and Financial Management System The GMS Accounting and Financial Management/Reporting System integrates all accounting activity into an entity-wide system. The GMS Accounting system is not sold as separate modules, but rather as a package containing all the necessary functions to run your not-for-profit on a daily basis. Our underlying system design is entity-wide, providing you an integrated accounting system that performs all accounting activities. Systems are available in a 1–2 user Read More

What Is the Health of My Project?


We all know about the three monkeys: See no evil, hear no evil, speak no evil. But as project managers, we need to control our projects. In order to do this, we must ignore the advice of the three monkeys. We need to see the potential for cost overruns, hear about the risks, and speak about the likelihood of failure.

project on accounting cycle  no evil. But as project managers, we need to control our projects. In order to do this, we must ignore the advice of the three monkeys. We need to see the potential for cost overruns, hear about the risks, and speak about the likelihood of failure. Read More

Rising to the Challenge: Productivity in Accounting and Finance Organizations


During these challenging times companies need to do more with less. This need extends throughout the organization-and companies' accounting and finance organizations are rising to the challenge. Know the most critical challenges faced by the CFO organization of companies in improving staff productivity and effectiveness of their operations according to research conducted by the Institute of Management Accountants (IMA).

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