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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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 data flow diagram in finiacial erp


Pull vs Push: a Discussion of Lean, JIT, Flow, and Traditional MRP Part 1: Tutorial
Flow manufacturing leverages techniques to help manufacturers create any product on any given day, in any given quantity including the

data flow diagram in finiacial erp  unnecessary transactions, activities, and data collections. While several years ago prospects were tentatively inquiring about lean capabilities, now they seem to be increasingly requesting them. Companies such as John Costanza Institute of Technology ( JCIT ) have been the pioneering source of the philosophies and techniques behind flow manufacturing, which replaces shop-floor silos, such as machines grouped by their function, and traditional scheduling and forecasting with process or product

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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

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. 

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Lean Manufacturing: Reaping the Rewards of Lean through Response Management


For years, manufacturers have been driven by sales forecasts and the need to maximize production efficiency at every level of operation. But in order to be successful, manufacturers must look toward adopting a lean mentality. While lean techniques are more easily applied to some manufacturing styles than others, new software tools are now able to deliver the benefits of lean to both high-mix and low-volume operations.

data flow diagram in finiacial erp  access the live, up-to-date data that their decision-makers need to achieve corporate goals, including minimizing inventory and waste, shortening lead times, and producing to demand. By using software to eliminate the information gaps that limit flexibility, they can unleash the real potential of their lean enterprise. Where it all Began: The Origin of Lean Over a century ago the world witnessed a revolution as mass production replaced the craft production that had been prevalent for so long. Since then, Read More

Deltek Costpoint


Deltek Costpoint® is an ERP software solution designed to meet the business needs of sophisticated project-driven organizations. Costpoint tracks, manages, and reports on every aspect of a project business, including planning, estimating, proposals, budgets, expenses, indirect costs, purchasing, billing, regulatory compliance, and business performance. For companies looking for a complete end-to-end solution, Deltek provides a portfolio of Costpoint-compatible applications delivering specialized functionality which is completely integrated with Costpoint. Backed by Deltek's support and twenty-year track record of project software excellence, Costpoint businesses gain visibility and control over all aspects of their operation to improve business performance management, streamline operations and execution, and win new business.  

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Comparative Analysis: Are You Still Confused About APS, SCM, and ERP?


Constant changes are happening in the software market, either in software delivery methods, features and functions, or software integrations with other applications. Organizations are looking for solutions which can fix problems and make business processes more cost-effective. What are these solutions?

data flow diagram in finiacial erp  ERP system provides required data and business rules for various business functions.   The prominent difference is that planning for demand, material, manufacturing, and logistics in an ERP application is usually done in isolation from each other so there is less visibility of constraints among business functions. This is not the case within a SCM or APS application. All planning for constraints are performed simultaneously in real-time, which helps the user understand the impact on each business Read More

Cost-justifying Warehouse Management Technologies in Small and Midsized Warehouses


The warehouse management system (WMS) concept has matured into a collection of time-tested technologies that reduce inventory costs and increase overall inventory management efficiencies. By implementing WMS technology, organizations can achieve a higher return on their software dollars and provide better service to their customers. A WMS can provide organizations with tangible benefits that improve warehouse operations without adding headcount.

data flow diagram in finiacial erp  performs instant verification of data entry and provides error notification while an operator is still performing the current task. This real-time verification ensures accuracy, prevents errors in receiving, stocking, picking, and promotes productivity by guiding operators through their tasks based on accurate inventory quantities and locations-all of which leads to enhanced customer service. The scalable wireless backbone is built to meet IEEE1 802.11b open systems standards for wireless communications Read More

Justification of ERP Investments Part Four: Replacing or Re-implementing an ERP System


An investment analysis focusing on enterprise resource planning (ERP) benefits frequently applies to those firms initially justifying an ERP implementation. It can also be used to justify a 're-implementation' when the initial efforts have failed to produce desired results. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

data flow diagram in finiacial erp  expediting efforts and duplicate data maintenance. The accounting applications are not closely coupled to the activities reported in production. The ERP system reflects an old version of the software package. Class D User . The formal ERP system is not used to run any part of the company, and might be running only in the management information system (MIS) function. Informal and parallel systems are being used to manage the business. Over the last twenty-five years, field surveys about ERP success Read More

To ERP or Not to ERP, that Is the C-level Question


Whether your organization is looking to take the leap into an enterprise resource planning (ERP) system for the first time or seeking to add to the current ERP system’s functionality, your organization no longer must be bound to a one-size-fits-all ERP solution. One can pick and choose from the best of the best from ERP component vendors to fit your needs.

data flow diagram in finiacial erp  the new competitive sales data integration into the customer relationship management (CRM) solution they promised when you bought their ERP system. They haven’t provided this yet and it looks like they are actually moving away from adding any of these promised features. When you look at HCM and CRM as stand-alone components of your organization’s full ERP needs, your solution options increase exponentially. Instead of looking for an entire ERP suite to meet the needs of the entire organization, you ca Read More

ERP in Manufacturing 2012: The Evolving ERP Strategy


This Aberdeen Group report, based on over 170 survey respondents in manufacturing, provides best-in-class manufacturing approaches to ERP strategy. Today, 92% of manufacturers have implemented ERP. Still, recent data finds that a successful ERP implementation goes well beyond just putting it into place. ERP, and the organization itself, should be constantly moving forward. Successful manufacturers tailor ERP in reaction to business change and needs including adding new functionality or mobile access.

data flow diagram in finiacial erp  implemented ERP. Still, recent data finds that a successful ERP implementation goes well beyond just putting it into place. ERP, and the organization itself, should be constantly moving forward. Successful manufacturers tailor ERP in reaction to business change and needs including adding new functionality or mobile access. Read More

ERP Upgrades: What's Your Philosophy? 2012 OAUG Survey on Enterprise Application/ERP Suite Upgrade Strategies


Moving to the latest release of an enterprise resource planning (ERP) system is often perceived as a daunting task. But a new survey of enterprise system managers finds that most ERP upgrade efforts tend to be short in duration, fall within reasonable budgets, and rarely disrupt the business at large. Download this report for detailed survey results tracking enterprise application suite upgrade activity at respondents' businesses.

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Justification of ERP Investments Part Three: Costs of Implementing an ERP System


Enterprise resource planning (ERP) implementation costs can be divided into one-time costs and ongoing annual costs. Both types of costs can be segmented into hardware, software, external assistance, and internal personnel. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

data flow diagram in finiacial erp  must be purchased. A data collection system, for example, may be implemented as part of a second phase. Hardware. Ongoing hardware costs will reflect new requirements specified by the ERP vendor to run the software. External Assistance . External assistance should be used as part of a continuous improvement program to effectively use an ERP system application for running the company. Training and consulting can focus on improved business processes, new or poorly used software functionality, and training Read More

Distilling Data: The Importance of Data Quality in Business Intelligence


As an enterprise’s data grows in volume and complexity, a comprehensive data quality strategy is imperative to providing a reliable business intelligence environment. This article looks at issues in data quality and how they can be addressed.

data flow diagram in finiacial erp  Data: The Importance of Data Quality in Business Intelligence Originally Published - October 20, 2008 The zeal to get as much business data to the user as soon as possible often prevails over the establishment of processes that control the quality of data. Low data quality standards can lead to bad business decisions and missed opportunities. Even with a data warehouse that is well designed and equipped with the best tools for business intelligence (BI), users will encounter inefficiency and frustration Read More

The Path to ERP for Small Businesses, Part 3: Selection of ERP Software


The third and final part of the path to ERP for small businesses series describes the software selection stage, including the dos and don’ts during vendor product demos, how to create a shortlist, and finally selecting the vendor that provides the best product and services for your needs.

data flow diagram in finiacial erp  you need to import data from another system every week, you do backups every 12 hours, your partners need access to a portal to exchange information with you, etc.). But even when you think you found the best solution, there are a few things you should do to make sure: • Install a demo version of the product that people can use before going live and avoid going live with the new system while still using the old one. • Get feedback from users on what’s missing and what could be improved in the new Read More

Can ERP Answer Your Business Needs?


Deploying an enterprise resource planning (ERP) solution is an extremely important event in the development of a company. A well-managed ERP solution can help a business handle global competition. Fortunately, modern ERP systems are relatively user-friendly, easy to implement, and easy to afford. Read this white paper to learn about the benefits of ERP and some of the issues that arise in implementing an ERP solution.

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Sage 500 ERP for Discrete Manufacturing ERP Certification Report


Sage 500 ERP (formerly Sage ERP MAS 500) is TEC Certified for online evaluation of discrete manufacturing enterprise resource planning (ERP) solutions in the Discrete Manufacturing ERP 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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ERP Trivia - Every Why Should Have Its Wherefore Part 2: ERP Key Success Factors


ERP systems, in fact, are devised to operate by codifying a set of business processes and employees have to learn the whys, wheres and whos of the business process (workflows) rather than hows of the software screens.

data flow diagram in finiacial erp  most mundane tasks like data capturing/cleansing, which were contractually assigned to the customer's team and blatantly shirked by these. The consultants' thinking has been that the overtime work was a lesser evil than the ensuing finger pointing in case of a missed 'go live' deadline and the budget overrun. One should only imagine the fate of the live system in the hands of highly indifferent end users after the consultant's departure. Project Plan is Crucial The lack of a well devised, realistic and Read More