X
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 solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
Compare Now
 

 accounting entity concept definition


The Versatile Group, Inc.
Founded in 1992, the Versatile Group is a privately held corporation headquartered in Dallas, Texas (US). The company provides business accounting software

accounting entity concept definition  The company provides business accounting software products that leverage proven technologies. Its customers represent a wide spectrum of business and industries.

Read More


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

Discrete 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, and human resources). Many systems include, with varying degrees of acceptance and skill, solutions that were formerly considered peripheral such as product data management (PDM), warehouse management, manufacturing execution system (MES), and reporting. 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 foundation of any ERP implementation must be a proper exercise of aligning customers'' IT technology with their business strategies, and subsequent software selection. 

Evaluate Now

Documents related to » accounting entity concept definition

Fostering a Culture of Adaptability


Having the right IT infrastructure is critical to consistent growth and profitability for midsize companies. Sadly, many business applications don’t support changes to both business processes and a company’s organizational structure. In fact, many are inflexible and create disconnects between departments. However, there is a solution that’s built to enable growth and adaptability in all business functions and operations.

accounting entity concept definition   Read More

Road Map to Developing a Successful Tax Policy: Nine Critical Components


Sales and use tax compliance is serious business. To reduce your risk of facing a costly audit, you need to invest time and effort up-front by formulating a transaction tax policy. Responding effectively to audits involves knowing about your company, your operations, and your resources. Find out why a tax policy is important to your organization and how to make it part of your business process and procedures.

accounting entity concept definition   Read More

ERP Multisite Costing Challenge and Solution


Significant management issues posed by multisite manufacturing environments include optimizing resource use at each site and delivering the lowest possible cost for each stage in the product manufacturing cycle. To facilitate meaningful results in achieving these requirements, enterprise resource planning (ERP) software must thus provide the right tools for ensuring that multisite processes come up to “best-in-class” standards.

accounting entity concept definition   Read More

Front-to-back-office Integration: Improving Your Customer Life Cycle Management


Research shows that back-office connectivity is not addressed by many customer relationship management (CRM) solutions—meaning, customer data cannot be shared effectively and companies are prone to errors, delays, and needless paperwork. In the long run, this negatively impacts overall customer satisfaction in small to medium businesses (SMBS). Learn how front-to-back-office integration can help you address these issues.

accounting entity concept definition   Read More

Nucleus ROI Case Study: Concept One Accessories


In late 2009, Concept One, a sports, entertainment, and fashion accessory firm, decided it needed a better way to deliver reporting to its managers. Report building had become a distraction for the IT department, preventing it from helping other lines of business. Also, it sometimes took several days to fulfill a request for a custom report. Read how this firm achieved an 866% ROI in two months using IBM Cognos Express.

accounting entity concept definition   Read More

Have You Outgrown Your Accounting Solution? Six Criteria to Consider


When your company grows, your accounting software needs to grow with it. Learn about the considerations that go into deciding when it's time to move up to a more powerful financial solution.

accounting entity concept definition   Read More

Graduating from QuickBooks 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.

accounting entity concept definition   Read More

POLL: Is Cloud-based Accounting/Financial Software Right for You?


TEC is preparing a new Financial Packages Buyer’s Guide, and we’d like to hear your thoughts on cloud-based finance and accounting software. Your responses to the questions below will help us keep the guide focused on the needs of real-world accountants, financial managers, IT specialists, and other professionals.{democracy:70}{democracy:71}{democracy:72}{democracy:73}{democracy:74

accounting entity concept definition   Read More

Accounting Seed


Accounting Seed Financial Suite is an accounting and ERP application that is native to the force.com platform and fully integrated into Salesforce CRM. The application was designed by a team of certified public accountants, Force.com developers, and business process consultants. Accounting Seed Financial Suite is a horizontal offering providing all industries with a back-office accounting suite that includes project accounting, ERP, and robust financial reporting.  

accounting entity concept definition   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 entity concept definition   Read More