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Project Failure-The Numbers, Why, and What It Means
IT projects fail regularly—considerably missing expectations, drastically overrunning budgets, significantly missing deadlines, and far too often having to be

canceled  percent of projects being canceled before completion. Further results indicate 52.7 percent of projects cost 189 percent of their original estimates. The cost of these failures and overruns are just the tip of the proverbial iceberg. The lost opportunity costs are not measurable, but could easily be in the trillions of dollars. For successful projects, the proportion of projects that are completed on time and on budget is only 16.2 percent. And, even when these projects are completed, many are no more Read More...
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 or...
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Documents related to » canceled


Identifying the ROI of a Software Application for SCM Part 3: Performing the Data Analysis
By using software tools that help you forecast and work together with others inside your organization, and even with your customers, the forecasts may become

canceled  one based on a canceled order or a forecast that was wrong, you can begin to build a collection of data that will be the foundation for answering that question. Then, by creating a cumulative distribution that shows the schedule changes by reason code, you will get an understanding of the size of this problem. Both inventory turns and customer service will go up if you can create a plan that is more flexible, responsive and accurate by attacking the root cause. That root cause might very well be the fact Read More...
Software Evaluation, Selection, and Procurement
The statistics for completing packaged software implementation projects are grim. This article examines how the software evaluation, selection, and procurement

canceled  of the projects were canceled before completion. And over 50% of the projects cost nearly twice their original estimates. The study further concluded that only 16% of all software projects are completed on time and on budget (only 9% for large companies) 1 . With these grim statistics firmly in hand, a plethora of books, white papers, and articles have been written on implementation success factors and software implementation methodologies. While these publications offer sound and sage advice, the Read More...
TurtleSpice ERP! (Week 5)
Welcome to Episode 5 of TurtleSpice ERP, our virtual ERP selection simulator!We’re following one company’s software selection process, from beginning to end

canceled  down that Wal-Nut has canceled its contract with TurtleSpice, thanks to TurtleSpice's inability to meet its order committments. And everybody in the company knows that when the TurtleSpice CEO returns, somebody's head is going to roll because of it. The chief information officer chooses the internal ERP project kick-off meeting to wake up from her apparent month-long slumber. She sounds aggrieved about it, too. The hell do we need an ERP system for? Look. Our IT systems are stable, we’re delivering Read More...
TurtleSpice ERP! (Week 7)
Welcome to Week 7 of TurtleSpice ERP! We’re following one company’s software selection process, from beginning to end—with a twist: It’s up to you to make sure

canceled  decline thanks to certain canceled contracts , it would be a far cheaper takeover candidate. Moreover, the ERP system currently in place at VenisonBland is BigGun ERP . If TurtleSpice should also happen to be running BigGun ERP, that would make integration of TurtleSpice far more convenient following a takeover. After that? Golden parachute, meet Wade. Wade, meet golden parachute. Luckily for Wade, he’s got some help inside TurtleSpice. Lola is also well-connected . To BigGun, that is. Her brother is Read More...
From Accounting to ERP: A Road Map for Growing Small Businesses
To find out what you need to know about ERP systems for growing small or midsized businesses, download your copy of from accounting to erp: a road ...

canceled  Accounting to ERP: A Road Map for Growing Small Businesses You may have hit a wall without knowing it. Your business may be getting too big to continue growing with stand-alone desktop applications like spreadsheets, contact managers, and basic accounting software. If you're having trouble eliminating business process bottlenecks, increasing productivity, or improving customer service, it could be time for you to leave your desktop applications behind— and graduate to an enterprise software solution Read More...
Banking Industry's Fair Value Accounting (FVA) Conundrum
Every company and almost every individual holds fixed assets. Over time, these assets change in value. For example, real estate tends to increase in value

canceled  Industry's Fair Value Accounting (FVA) Conundrum Every company and almost every individual holds fixed assets. Over time, these assets change in value. For example, real estate tends to increase in value, while vehicle values decrease. In the US, as in most countries, the global crisis has resulted in declines in the real-estate market and employment sectors. These declines result in housing and business property holdings dropping in market value. Some unemployed households are obliged to walk away Read More...
Andersen/Enron Affair Precipitates
While the current focus of the public is on the future of Andersen and the entire accounting practice, the implications on the consulting industry will be deep

canceled  Enron Affair Precipitates Big Five Divorces Event Summary In early February, while the public was riveted to TV broadcasts by congressional inquiries into Enron and while many former Enron executives and Andersen partners resorted to the safe heaven of the Fifth Amendment, behind the scene, the entire accounting industry was left grappling with an unparalleled array of challenges. Pressure has mounted on the accounting and consulting services industries to reform their practices following the 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

canceled  Questions to 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 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

canceled  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 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 Read More...
Accounting Seed
Accounting Seed has developed a native application exclusively for the cloud Salesforce.com platform, that integrates accounting and enterprise resource

canceled  Seed Accounting Seed has developed a native application exclusively for the cloud Salesforce.com platform, that integrates accounting and enterprise resource planning (ERP) with customer relations management (CRM), seamlessly and securely under one roof, and visible to users on a single dashboard. Accounting Seed delivers a real-time, 360-degree view of a business, accessible by smartphone, tablet, or any computer, anywhere in the world. Read More...
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

canceled  Accounting for SMB Showdown 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 business (SMB) vendors against each other, head-to-head: Exact Software North America (a division of Exact Software ) and Infor . Our regular readers will notice that this Showdown features a new format. Instead of looking at three vendors and at functionality only, this time we're taking Read More...
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

canceled  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 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

canceled  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 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 Read More...
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