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Accounting for SMB Showdown
I'm Larry Blitz, editor of TEC's Vendor Showdown series. Today's Showdown pits two major enterprise resource planning (ERP) and accounting for small to midsized

accounting credit and collections  recent responses to our Accounting for SMB request for information (RFI). As you can see, Infor's FMS SunSystems outscores Exact Software North America's Exact Globe Enterprise in the overall ratings 95.69 to 84.44. The chart below shows you the results for the six modules we used for this Showdown. Exact Globe Enterprises by Exact North America vs. FMS SunSystems by Infor: Rankings by Module Analyst's summary General Ledger (G/L) Both solutions offer a full set of chart of accounts. Besides the fact Read More
Enterprise Content Management (ECM)
A content management system is a software package designed to manage an organization''s entire collection of documents, records, and other information assets. Content mana...
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Documents related to » accounting credit and collections


SouthWare Excellence Series: Making Excellence Easier Part Three: Application Analysis
The system supports a completely user-defined set of critical success factors for each business, business unit, or even individual employee.

accounting credit and collections  be tied directly to accounting functions such as approving purchase orders, invoices, or hyperlinks to specific SouthWare functions, such as order entry for an order clerk. In essence, SouthWare has taken the concept of user-defined menus, which it supports, to the next logical level whereby the concept of a menu has been replaced by a completely integrated task management system that presents those tasks the user should address. Relationship Management : TaskWise can function as a complete relationship Read More
From QuickBooks to ERP: A Road Map for Growing Small Businesses
The basic spreadsheet and accounting programs you’ve relied on ’til now won’t help your growing business eliminate decision-making bottlenecks, reduce IT costs,

accounting credit and collections  the sales system, the accounting system, the inventory system and the shipping system. transcription errors. Multiple Hardware Platforms - The challenge extends to hardware as well . Some applications will require specialized or dedicated hardware systems that you'll need to learn and maintain. That can involve data backups, security and networking issues, too. By contrast, integrated business software eliminates these challenges by unifying al functions and data in one seamless system. Al relevant Read More
A Clear-cut Approach to Collections Is Essential for Profitability
In 2002, US suppliers wrote off more than $18 billion (USD) in bad checks. And the bankruptcy picture has certainly not improved since then. Companies that act

accounting credit and collections  person remains responsible for accounting and collections and will have their own methodologies. When they go, the company may lose valuable information, executives lose visibility into which customers are laggards, and sales managers have no insight into how credit worthy a customer placing an unusually large order might be. Automating collections in your ERP system through integrated collections functionality is a solution that companies should consider for all the above stated reasons. This is Read More
Critical Business Functions: Misunderstood, Underutilized, and Undervalued Part One: Credit and A/R Management
The credit and collection function is the most misunderstood, underutilized, and undervalued area of business. When allied with the sales function, controlled A

accounting credit and collections  the publisher of The Accounting Library ( http://www.AccountingLibrary.com ). He can be reached at cchewning@accountinglibrary.com . Abe WalkingBear Sanchez is the president and founder of A/R management Group ( http://www.armg-usa.com/ ) and developer of the copyrighted Profit System of B2B Credit Management . An international business speaker, WalkingBear has spoken to over 600 CEO and top managers groups worldwide in the last ten years. WalkingBear can be reached at abe@armg-usa.com . Read More
Accounting Software Selection Challenge #3: Microsoft vs. Infor (Difficulty = Basic)
I just want to make a quick point to address a popular software selection misconception. Here’s the misconception:  “The best accounting package for my business

accounting credit and collections  misconception:   “The best accounting package for my business is the software that supports the most comprehensive breadth of accounting functionality.” And below are a couple of graphics from TEC Advisor  (based on a hypothetical accounting software selection project) that show why this is flat-out wrong (click to enlarge the images):   In an evaluation of over 4,100 accounting criteria, Infor FMS SunSystems [ see TEC's competitor rating analysis for Infor FMS SunSystems ] outranks Microsoft Read More
8 Rules for Investing in a New Accounting System
Find out if your current system is a drag on your company in Eight Rules for Investing in a New Accounting System.

accounting credit and collections  Investing in a New Accounting System Are you sure your financial and accounting system is helping your company grow? It might actually be holding it back. Find out if your current system is a drag on your company in Eight Rules for Investing in a New Accounting System . You'll learn about the warning signs of a financial and accounting system that is dangerously outdated or lacking in critical functionality—and what you can do about it. You'll also discover the eight rules for choosing a system that Read More
Global Trade Applications in Global Credit Crunch - Part III
Part II of this blog series allowed members of the two global trade management (GTM) software providers, TradeBeam and Precision Software, to voice their

accounting credit and collections  Trade Applications in Global Credit Crunch - Part III Part II of this blog series allowed members of the two global trade management (GTM) software providers, TradeBeam and Precision Software , to voice their outlooks on the market (in light of the recent global trade decline ). But at the end of the post I introduced the question of the possible threat to GTM providers coming from the large enterprise resource planning (ERP) providers. Given that SAP, Infor and Oracle now have their own GTM 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 credit and collections  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
Technology Evaluation Centers moderates enterprise software sessions at CPA Houston Spring Accounting Expo
Technology Evaluation Centers Inc. (TEC), the leading resource for impartial enterprise software selection announced today that it will be moderating two

accounting credit and collections  at CPA Houston Spring Accounting Expo Technology Evaluation Centers moderates enterprise software sessions at CPA Houston Spring Accounting Expo Oracle, Microsoft, Sage, Microsoft Dynamics and Intuit accounting and financial solutions compared Montreal, Quebec, May 26, 2008- Technology Evaluation Centers Inc. (TEC) , the leading resource for impartial enterprise software selection announced today that it will be moderating two sessions for the prestigious Houston CPA Society Spring Accounting Expo, being Read More
Cost Accounting Primer
Whether you’re familiar with the world of accounting or not, understanding the basic concepts and principles of accounting functions can give you an essential

accounting credit and collections  Accounting Primer Whether you’re familiar with the world of accounting or not, understanding the basic concepts and principles of accounting functions can give you an essential edge in the competitive manufacturing sector. This in-depth guide, complete with glossary, takes you through the step-by-step process of cost accounting for manufacturers—from prototype manufacturing, shipping, and full production, through to financial reports. 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

accounting credit and collections  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
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

accounting credit and collections  Contributor Today's finance and accounting requirements for businesses represent a quantum leap in complexity from what was required even 10 years ago. For growing companies and nonprofit organizations, the high-quality accounting and financial expertise that they require are often beyond their means. Source : Corefino Resources Related to Finance Transformation and Routine Accounting: Enabling the Corporate Controller’s Role as a Strategic Contributor : Accountancy (Wikipedia) Finance Transformation Read More
Accounting and Small Business Software
Accounting systems manage procedures for accurately entering, tracking, and maintaining information related to an organization@s financial operations. These

accounting credit and collections  and Small Business Software Accounting systems manage procedures for accurately entering, tracking, and maintaining information related to an organization's financial operations. These accounting applications typically support general ledger (GL) , accounts payable (A/P) and accounts receivable (A/R) , payroll, job and project costing, and multinational accounting. Many small to medium businesses (SMBs) require that other functions (such as inventory control, manufacturing management, and financial 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

accounting credit and collections  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 direction. Let’s take a look at three specific areas of Read More

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