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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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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.
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 calculate wip accounting


Enterprise Applications--The Genesis and Future, Revisited Part One: 1960s--Pre-Computer Era
Knowing the history and evolution of enterprise applications is essential to understanding their current use and future developments. Each step in the evolution

calculate wip accounting  desired completion date to calculate the required start date. Also, there was no inherent slack time in the schedule and the downside of this assumption was that if there were any hiccups in the execution of the plan, the order would most likely be late to the customer. Further, if only one part needed for the finished product was going to be late, there was no automatic way to know the impact on the other needed parts. Therefore, slack was built into the schedule through conservative, often

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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

Small Business Software (SBS)

The Small Business Software (SBS) evaluation model targets functional requirements for fully featured solutions designed to support all business requirements of a typical small business. Extending beyond mere accounting functions, it is primarily applicable to those businesses for which full-scale ERP software may be too complex or cumbersome. However, the model of SBS solutions includes all the essential categories such as General Ledger, Accounts Payable (A/P) and Accounts Receivable (A/R), Payroll, Job and Project Costing, Multinational Accounting, Light Manufacturing, Inventory, Technology, and much more. 

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No One Said Sourcing Overseas Would Be Easy


The many challenges and risks that retailers face when sourcing globally could be mitigated with the right software tools. Yet the sad fact is that few information technology systems fully support the complexities and unique requirements of global trade.

calculate wip accounting  lead times, and automatically calculate the estimated landed costs for a clear understanding and comparison of all offers submitted by competing suppliers. For these suppliers, which are located around the globe, the suite should seamlessly unite and coordinate such details as product specifications, RFQs, quality control, packing lists, and all the invoices and customs paperwork, thus eliminating redundant data entry errors and speeding up production. Such a solution should also enable buyers and Read More

Intuitive Manufacturing Systems Shows Maturity in Adolescent Age Part Two: Market Impact


Intuitive is one of the vendors that have long attempted to mitigate the actual and perceived barriers to enterprise resource planning (ERP) acceptance by smaller enterprises.

calculate wip accounting  a rocket scientist to calculate that most of projects' price tag of only a couple hundred thousands of dollars might be attractive even in the current era of reduced IT budgets, especially given the current US dollar's weakness abroad. In addition, Intuitive offers the services of experienced consulting and technical support teams, implementation documentation, planning guides, customization services, and training classes available either on-line, on-site, and at the Intuitive corporate classroom Read More

Can 'Intuitive' And 'ERP' Words Be Associated?


While Intuitive Manufacturing Systems, still largely a stealth small ERP provider, may have the ‘Intuitive ERP’ trump to attract SMEs internationally, a bevy of competitors has also been engaged in delivering their panaceas to the increasingly crowding market segment.

calculate wip accounting  a rocket scientist to calculate that most of projects' price tag of only a couple hundred thousands of dollars might be attractive even in the current era of reduced IT budgets and despite the dollar's strength abroad. Standard Intuitive ERP functionality includes ample accounting and manufacturing features, with production and inventory planning being the core pieces. The product modules are also grouped to underline typical business cycles/processes like Plan', Buy', Make', Store', Sell', etc. Material Read More

Caution! Will A Traditional ERP System Help You Deliver Projects?


Companies who build specifically for a customer have unique requirements that are often not understood or dealt with well by some ERP vendors, particularly in the mid-market, who think that systems designed around volume manufacturing fit everywhere.

calculate wip accounting  in elapsed time- they calculate effort. Case in point, if the project has 100 hours worth of installation- it could mean one person for 100 hours, or it could be deployed quicker with a larger crew. Losses in one area may be made up in another. For example, if the design is budgeted to take a team of five people, and one falls ill and can't be replaced the design over-run will be inevitable. However a project organization may decide to make up the time by increasing applied effort in downstream 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.

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Certiflex Dimension


Since 1979, Certiflex products have been used in the accounting industry. It has over 1,000 standard industry reports and statements that incorporate GAAP standards. Certiflex Dimension has two series: the Professional Accounting series and the Business Accounting series. The Professional Accounting series is has been designed for the public accounting the areas of after-th-fact accounting, financial generation, payroll services, tax reporting, time and billing, and other professional service tools. The Business Accounting series was developed for a wide range of business operations and industries.  

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Vendor Spotlight: GMS Accounting and Financial Management System


In this spotlight report, TEC Research Analyst Aleksey Osintsev examines GMS Accounting and Financial Management System, which was specifically designed for not-for-profit organizations. Learn all about GMS’s customers and marketing positioning, and how the software addresses the challenges for not-for-profit accounting. Also featured is a high-level overview of GMS Accounting and Financial Management System functionality.

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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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FinancialForce Accounting


FinancialForce Accounting™ is a simple, yet powerful, accounting application that is straightforward to learn, easy to implement, and trouble-free to maintain. It complements Salesforce customer relationship management (CRM), helping to bring back office data to the front, eliminating data silos, and allowing companies to align sales, service, and finance on a single cloud platform. FinancialForce Accounting enables more efficient accounting processes, shorter period closes, and sharper financial reporting.

calculate wip accounting   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 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.

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Integrity and Reliability = Trustworthy Accounting: Are You Sure You're Balanced?


Recent accounting scandals, highlighted by cases at Enron, Arthur Andersen, WorldCom, and Qwest, have emphasized the need for corporate governance, especially responsible corporate accounting. Not only must businesses use responsible accounting methods, but they must know that their methods are accurate. Small and mid-sized businesses must know the limitations of their current accounting software; understand the possible ramifications of system accounting balance failure; and take steps to guarantee the integrity, reliability, and accuracy of their systems. This white paper highlights the need to recognize problematic software accounting methods; minimize errors in account balance integrity, ledgers, and sub ledgers; and reduce the need for expensive rectification, to avoid serious legal ramifications.

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Khameleon


Khameleon’s financial management solution was designed to help service-based companies with their accounting requirements, ranging from balance sheets, to GAAP and income statements. The solution helps to allocate budgets, pay bills, invoice clients, and manage finances. With Khameleon's solution, users can automate general ledger entries from all source applications, as well as allocations, recurring and reversing entries, balancing entries for inter-company transactions, and currency revaluations. It is also possible to automate invoice, requisition, purchase order and receipt matching; recurring payments and 1099s; tracking of due dates and discounts, including proximal terms; and triggers and alerts, based on user-definable rules. Other features include the ability to plan revenues, funding and expenditures, and monitor performance to plan for all entities, contracts, projects, products and service lines. The solution provides multicurrency capabilities throughout all areas of financial management; accounts payable, general ledger, and accounts receivable.

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Finance and Accounting Solutions Buyer’s Guide for Small to Medium Enterprises


For large organizations, enterprise resource planning (ERP) systems promise big gains by helping grow revenue and increase productivity. But can ERP benefit small to medium businesses (SMBs) in the same way? This step-by-step guide includes important decision-making considerations, such as benefits and costs, across some of the top finance and accounting solution providers for small to midsize companies.

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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

calculate wip accounting  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 Read More