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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 weighted  marginally larger breadth of accounting functionality. “Aha,” you might say, “Infor is better for our needs. Let's go get 'er.” Not so fast. Take a look at this:   Here, Microsoft has the edge over Infor, with a weighted average of 90.74 to Infor’s 88.69 . So what’s the difference? It’s all in how you prioritize your requirements. In the first graphic, all priorities are equal (and set to “must have”), for the following modules: General Ledger, Accounts Payable, Accounts Receivable, Read More...
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Documents related to » accounting weighted


Enterprise Financial Application Software: How Some of the Big ERP Vendors Stack Up
Contrary to what vendors may contend, not all of them are able to supply a cost effective solution that satisfies the critical requirements of an organization

accounting weighted  customized financials system. Though accounting personnel had grown adept at using the existing system, it was clearly unable to keep pace with the client's evolving business model - one that included some ambitious E-commerce initiatives. In addition to providing considerable flexibility in the areas of budgeting, management reporting, and royalty calculations, the new system would need to be cost effective. The candidate vendors and packages included the following: Vendor Package JD Edwards OneWorld Read More...
Increasing the Value of Your Enterprise Through Improved Supply Chain Decisions Part 2: Financial Metrics
If the key financial metrics for creating corporate value relate to costs, capital charges and consumption, and profitability, then the corporate capabilities

accounting weighted  line. In addition, standard accounting practices often do not capture these costs in a manner that would allow them to be classified with respect to the value that they add. This has given rise in recent years to an interest in activity-based costing . Some of these costs include expediting costs such as premium freight or charges levied by your suppliers when they have to perform an emergency schedule change and incur an additional setup, all because your requirements have changed. Costs of poor Read More...
Achieving Effective Inventory Management
In today’s competitive business environment, wholesale distributors face critical factors that directly affect customer satisfaction and profit margins. These

accounting weighted  periods are independent of accounting periods and calendar months. For example, you may decide to forecast demand based on the usage recorded in 13 four-week periods. Individual inventory periods can be of differing lengths, and you can specify the number of working days in each period. You can base forecasts on the usage recorded per business day, rather than the usage recorded each month. This can result in forecasts that are more accurate and could in turn lead to higher levels of customer service and Read More...
Lose the Starry Eyes, Analyze: Reviewing the Ideal Candidate for EMR Innovations ProcessPro
This is an examination of EMR Innovations' ProcessPro ERP solution. Companies can begin determining if it is worthwhile to pursue a relationship with EMR

accounting weighted  management. A financials and accounting package will be an important consideration and it is also likely that any needs for human resources software would be provided through other means. Read More...
10 Questions to Ask Your Finance and Accounting Software Vendors Before You Buy ERP
When conducting a mid-market enterprise resource planning (ERP) system comparison, there are several key questions that you should ask: How much should ERP

accounting weighted  Ask Your Finance and Accounting Software Vendors Before You Buy ERP 10 Questions to Ask your Finance and Accounting Software Vendors before you Buy ERP If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. In the face of this constant change, Tippit helps thousands of real business buyers make better decisions every day. We also help buyers assess financial services and software vendors who can solve their specific business problems. Source Read More...
Accounting and Financial Packages Accreditation Report: GMS Accounting Management Software
Organizations seeking the services of a value-added reseller (VAR), channel partner, implementer, vendor, or consultant require an evaluation of what this

accounting weighted  Packages Accreditation Report: GMS Accounting Management Software Organizations seeking the services of a value-added reseller (VAR), channel partner, implementer, vendor, or consultant require an evaluation of what this service provider has to offer. This report will assist organizations looking to determine the best-fit service provider for their implementation needs. Based on information provided to TEC by GMS Accounting Management Software (GMS) and its clients, this report focuses on real-life Read More...
Intacct
Intacct Accounting On Demand is an integrated accounting solution. It features the following core and specialized applications: General Ledger, Accounts

accounting weighted  Intacct Accounting On Demand is an integrated accounting solution. It features the following core and specialized applications: General Ledger, Accounts Receivable, Accounts Payable, Cash Management, Employee Expenses, Order Entry, Inventory Control, Purchase Order, Consolidation, Time and Billing, Business Development, Payroll (through Automatic Data Processing, Inc., or Intuit Inc., solutions), Retirement Services (through Principal Financial Services, Inc., solutions), and True Multi-Entity Read More...
Microsoft Dynamics GP 10.0 for Financial Packages Certification Report
Microsoft Dynamics GP 10.0 is now TEC Certified for online evaluation of financial packages in the Accounting Evaluation Center. The certification seal is a

accounting weighted  financial packages in the Accounting Evaluation Center. 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. Read More...
Sage BusinessVision Accounting
Sage BusinessVision 50 Accounting (formerly ACCPAC) is intended for high-transaction, heavy user load situations. Capturing the technological benefits of

accounting weighted  BusinessVision Accounting Sage BusinessVision 50 Accounting (formerly ACCPAC) is intended for high-transaction, heavy user load situations. Capturing the technological benefits of Sage BusinessVision 50 Accounting with an SQL engine, the program's eighteen integrated modules can be further enhanced with a variety of add-ons. Up to one hundred users can be supported simultaneously. In addition to new utilities in the general ledger module, Sage BusinessVision 50 Accounting is designed to be fault Read More...
The Certification of an ERP Accounting Package


accounting weighted  Certification of an ERP Accounting Package I recently completed a certification exercise for the Flexi Software’s FlexiFinancials package, a functionally rich accounting package that is complete in every way and geared for the banking, insurance, and financial services industries. A package that has integrated business objects with drill-down searching and with full functional and reporting capabilities. We proceeded as follows: I prepared a certification document that I e-mailed to Flexi­ Software 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 weighted  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...
Intuit and Square Integrate POS and Accounting for SMBs
Intuit and Square recently announced a seamless integration between Square Register and QuickBooks accounting. Built on Intuit’s open platform, the integration

accounting weighted  Square Integrate POS and Accounting for SMBs Intuit and Square recently announced a  seamless integration between Square Register and QuickBooks accounting . Built on Intuit’s open platform, the integration with Square's point-of-sale (POS) solution aims to enable small businesses to more efficiently import their transactions from Square into QuickBooks, helping them streamline their operations, save time, and ensure more accurate reporting. The Square integration is the first of many new partnerships 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

accounting weighted  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. Read More...

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