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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 case decision


Build versus Buy - A Long Term Decision
With the software industry offering greater options and depth of function , we do not hear the idea of a company building their own software very often, but the

accounting case decision  focused systems, for example accounting systems, are less demanding while systems that deal with customers tend to be the most volatile. Customer oriented systems face forced change due to both customer demands and competitive pressures. Summary If you are considering building software, the key issue is Why? If the answer is not building or maintaining a competitive advantage, the economics and realities of today's software market will lead to a buy decision. If the answer is building or maintaining

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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 » accounting case decision

Business Case - J.E. Mondou


Learn how JE Mondou Ltd., a 33-store, Montreal-based pet food and accessory chain updated its retail IT system with a cost-effective, end-to-end ERP solution from Microsoft.

accounting case decision  will need their own accounting rules at corporate. Ideally, a new system could run on existing PCs and peripherals while it economized total cost of ownership (TCO) . The Solution When Groupe Conseil LVMB of Montreal, a Microsoft Business Solutions partner and independent software vendor (ISV) , first suggested Microsoft Business Solutions-Great Plains, Mondou knew it only as a headquarters/ERP solution and planned to seek a store-level application elsewhere. When Jean-François Lortie at LVMB saw the Read More

Transforming Your Organization? Start with Accounting


Before the lean enterprise paradigm swept across the manufacturing industry, I doubt many business people would have considered accounting as a serious tool for changing the mindset of decisions makers and how businesses operate. It turns out, however, that there’s more than one way to do accounting, and the accounting approach an organization uses can have a significant impact on a business’s

accounting case decision  three specific areas of accounting and how traditional practices lead to inefficiencies and delayed decision making. Although the conventional approach may appear to be rock solid, it can be revised to support alternative principles to better address current business challenges. • Work-in-progress inventory. Any accountant will tell you that work in progress (WIP) is a company’s asset. A company spent significant money to purchase or produce its inventory, and theoretically that inventory can, in Read More

TEC Case Study: Corona


Following several acquisitions, Colombia-based ceramics manufacturer Corona found itself with multiple enterprise resource planning (ERP) systems to manage. To find a single ERP solution that was suitable for all of its facilities, and would integrate with its existing business software, Corona turned to Technology Evaluation Centers (TEC). Learn how TEC’s selection methodology helped Corona choose the right ERP software.

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Business Case - Dunkin Donuts


Daniel Mourand, CEO, chose Microsoft Great Plains sofware and, today, he does not regret his decision.

accounting case decision  , Great Plains ERP Accounting Software , Using Microsoft Business Solutions Great Plains , Great Plains Business Intelligence , Analytics Great Plains , IT Solutions and services , Transformation with Microsoft Business Solutions , Great Plains and CRM , Microsoft Great Plains Software Vendors , evaluating Microsoft Great Plains business solution , Microsoft CRM and Microsoft RMS , great plains implementation , availability Great Plains . When Daniel Mourand, Chief Executive Officer of the Dunkin’ Read More

Case Study: BWSC


Engineering firm Barge Waggoner Sumner & Cannon, Inc. needed to collaborate more efficiently across its 11 offices in the eastern United States. The firm chose ProjectWise collaboration software for engineering content management, content publishing, and design review, and integrated it with Microsoft® Office SharePoint® Server 2007, to manage business processes and documents in a distributed environment. Find out more.

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Case Study: Britax




accounting case decision  can also centralise its accounting online in the system rather than on spreadsheets. duplication and manual processes, which in turn reduced costs and man hours, says Hancock. Improved capital efficiencies Microsoft Dynamics AX has enhanced Britax Childcare's ability to conduct cross-business planning. We can now can see the inventories at our other companies, which is important because Britax manufactures for them, explains Hancock. This has allowed us to get rid of much of the manual intervention Read More

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.

accounting case decision  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 Read More

SMB Finance and Accounting Checklist: What You Need to Consider Before You Buy


Making a list and checking it twice is a particularly good practice when picking a finance and accounting software solution. If you don’t find the right product for your company, you’ll just pay for the mistakes on the back end. But first you need to know which features your small to midsize business must have and which you don’t want. Get some tips that will help you create your finance and accounting checklist.

accounting case decision  Finance and Accounting Checklist: What You Need to Consider Before You Buy Making a list and checking it twice is a particularly good practice when picking a finance and accounting software solution. If you don’t find the right product for your company, you’ll just pay for the mistakes on the back end. But first you need to know which features your small to midsize business must have and which you don’t want. Get some tips that will help you create your finance and accounting checklist. Read More

Case Study: NET


Founded in 1983, Network Equipment Technlogies (NET) provides network and voice exchange solutions for government and enterprise customers worldwide. To increase its operational efficiency, cut costs, and improve government reporting and compliance capabilities, NET needed a new enterprise resource planning (ERP) system. Find out how switching to Microsoft Dynamics AX has helped NET save an estimated $1.5 million (USD).

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TEC 2013 Market Survey Report: What Organizations Want in Accounting and Financial Software


Looking for an accounting and financial solution? This report can help you spot trends in the accounting and financial software space. See what your peers and competitors are looking for in those solutions, so you can develop a good understanding of what accounting and financial software vendors offer, what other companies have identified as important requirements, and what functionality might be a good fit for your company.

accounting case decision  What Organizations Want in Accounting and Financial Software Looking for an accounting and financial solution? This report can help you spot trends in the accounting and financial software space. See what your peers and competitors are looking for in those solutions, so you can develop a good understanding of what accounting and financial software vendors offer, what other companies have identified as important requirements, and what functionality might be a good fit for your company. Read More

Microsoft to Add "Encore" Functionality to MBS Great Plains 8.0 Part One: Event Summary


By adding nonprofit and public sector accounting capabilities to the forthcoming MBS Great Plains 8.0 release via acquiring a former independent software vendor (ISV) partner Encore Business Solutions, Microsoft Business Solutions (MBS) may find a way to counteract its archrival Best Software's superiority in the target market.

accounting case decision  announced the acquisition of accounting products from a Winnipeg, Manitoba, Canada-based vendor, Encore Business Solutions , Inc ., that could be critical to the success of the customers and partners in the public sector. The acquisition includes Encore's not-for-profit (NFP) accounting products and the intercompany payables management and requisition management modules, some of which have currently been sold by MBS under an original equipment manufacturer (OEM) agreement with Encore. Namely, the only Read More

2015: Ten Predictions for Decision Sciences


With most businesses across industry verticals still reeling under the impact of the economic slowdown, many are focusing on analytics-driven decision support across all facets of business where experts have to take decisions based on bits of information. Read about 10 predictions for analytics decision support for 1015—that will challenge conventional business wisdom and allow organizations to differentiate themselves and drive growth.

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Case Study: Terumo


Terumo Cardiovascular Systems, global manufacturer and distributor of medical products, has more than 1,500 finished goods, many of which are assembled in one factory and sterilized in another. With so many products and steps in the supply chain, supply and demand planning abilities are key to smooth operations. Find out how the company saved $1 million (USD) with forecast management and requirements planning solutions.

accounting case decision  and distribution centers and accounting for the seasonality of its products difficult. “Believe it or not, even medical products are seasonal,” says Kevin Doughty, Director of Supply Chain Management. “Our three biggest sales months are October, January and March because people avoid having surgery during the holiday season.” Terumo CVS implemented Demand Solutions Forecast Management (DS FM) and Demand Solutions Requirements Planning (DS RP) in 2006 to provide visibility into its multiple plants 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.

accounting case decision  the Right ERP and Accounting Solution If you're a midsized business looking for an enterprise resource planning (ERP) solution, the market trends are all on your side: ERP vendors are hungry for your business. Big vendors (SAP, Oracle, etc.) now have great products for small and medium businesses (SMBs). Traditional mid-market vendors are fighting back with more features and incentives. With all the big trends aligned in your favor, you can come out the winner—but only if you know how to play your Read More