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Software Functionality Revealed in Detail
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 information on the impact of technology on financial accounting in a company

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

Financial Packages RFI/RFP Template

General Ledger, Accounts Payable, Fixed Assets, Cost Accounting, Cash Management, Budgeting, Accounts Receivable, Financial Reporting, Project Accounting, Product Technology 

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The Impact of Demand-Driven Technology in the SCM Market: IBS


The integration solutions market will be an interesting area of growth. IBS has an attractive offer for companies with complex and expensive business software at the group and headquarters level, wanting to lower costs and quicken implementation in their subsidiaries.

information on the impact of technology on financial accounting in a company  improved financial control and information to corporate management. Another of the more important changes in the IT market is the respective management of IBS'' companies, which are considerably more involved in decisions concerning business systems and IT investments. This has led to a change in focus from often more technical evaluations to more financially- and business-oriented assessments, which requires both specialized business software, as well as skilled consultants for its implementation. A Read More

The State of the Art in Finance


Thanks to recent accounting scandals and an increasingly competitive environment, many chief financial officers and the finance organizations they lead have started to take on new roles within the enterprise. However, given the current state of the finance function in US companies, companies first need to understand the challenges to finance—and the road map to increasing its strategic capabilities.

information on the impact of technology on financial accounting in a company  the right use of information technology leads to greater efficiency and lower costs. First, the APQC survey showed that companies with a higher degree of automation have lower overall finance costs. Companies that had automated more than 66% of their finance processes had average finance costs of 1.2% of revenues, while companies with less automation had average finance costs of 3.0% per revenue. For example, companies that relied on manual techniques or spreadsheets for cost accounting and cost Read More

A Made2Manage Systems Customer Profile: The Story of Fuserashi International Technology, Inc. (F.I.T.)


Based in Cleveland, Ohio (US), Fuserashi International Technology, Inc. is a manufacturer of precision nuts, bushings, inner metals, piston blanks, and specialty cold-formed steel products. The company achieved significant return on investment within the first two years of using the Made2Manage Enterprise Business System. In fact, as revenue climbed, F.I.T. made a name for itself as a quality benchmark leader.

information on the impact of technology on financial accounting in a company  of struggling to capture information from multiple, disparate systems, F.I.T. brought enterprise- wide data onto one system and began to use that data to focus on what mattered to them most-profitability and growth. The Fruits of Auto-Mation First-time ERP systems are often difficult to measure-there is no old data to compare to the new data. Controller Bill Cadman, however, described a number of before/after scenarios that illustrate improved processes and savings across the business: Inventory Accuracy Read More

New-world Value: The Strategic Impact of Business Application Suites in Today’s Corporate Environment


The concepts of return on investment (ROI) and total cost of ownership (TCO) have been used for decades in enterprise evaluations of IT investments, including enterprise resource planning (ERP) systems. However, with the emergence of important new technological advances, executives are now expanding these traditional formulas to account for new opportunities. Learn more about their new methods for measuring ERP value.

information on the impact of technology on financial accounting in a company  a Web portal for information on the topic of business and IT agility. It doesn''t take into account all of the upside. SOA is all about upside, and you have to account for that somehow. Peter Keen, chairman of Fairfax, Va., consulting firm Keen Innovations, agrees that focusing too heavily on TCO is shortsighted; it makes IT expenditure all about cost. By concentrating on efficiency and cost reduction, the danger is that you completely overlook the capability of integrated enterprise application suites Read More

Enabling Product Innovation: The Roles of ERP and PLM in the Product Lifecycle


Companies are turning toward product innovation to achieve revenue growth, but to generate return on an innovation idea, the idea must be fully developed. When the concept has been fully defined, validated, and transformed into a product, it is then ready for commercial launch and execution from a sales, marketing, manufacturing, and logistics perspective.

information on the impact of technology on financial accounting in a company  up to the minute information on product demand, supply, and available capacity. Without accurate inventory and order information, customer expectations is missed and demand goes unfilled. Planning requires accurate information or planning results are of little value, resulting in missed expectations, poor utilization and increased cost. Competition has forced manufacturers to tighten their supply chain processes to remove excess inventory and other waste. Managing the execution process involves analyzing Read More

Can a Mobile App Get You a Job Interview?


Serendipity, in addition to actual qualifications and experience, plays a major role in a job search. Indeed, scoring an interview increases one’s chances of impressing (or not) a potential employer. But how do you win that face time? Candidates struggle to distinguish themselves, while recruiting managers wade through the hundreds of cut-and-dried resumes they receive each day. In the interest

information on the impact of technology on financial accounting in a company  a Mobile App Get You a Job Interview? Serendipity, in addition to actual qualifications and experience, plays a major role in a job search. Indeed, scoring an interview increases one’s chances of impressing (or not) a potential employer. But how do you win that face time? Candidates struggle to distinguish themselves, while recruiting managers wade through the hundreds of cut-and-dried resumes they receive each day. In the interest of “giving serendipity a nudge,” JobProx is a novel smartphone Read More

Facing A Selection? Try A Knowledge-Based Matchmaker Part 3: Comparing Three ERP Vendors


This part illustrates how selecting the right ERP product depends on each client's requirements. Epicor, QAD, and Ramco Systems' rank can change with different sets of client requirements.

information on the impact of technology on financial accounting in a company  technology selection. For more information on Epicor, see Epicor Software Corp.: Completing Painstaking e Volution . The graph below indicates the contribution to the weighted average for each vendor across the high level categories with Epicor''s priorities. Figure 3: The Contribution Analysis graph indicates that given the priorities for an appropriate Epicor client, Product Technology and Human Resources contribute the most to Epicor''s weighted average. Note that the gap between the vendors'' Read More

The ROI of a New Learning Management System (LMS): How to Construct a Successful Business Case


In today’s fast-changing world, the learning management system (LMS) has become mission critical to organizations that are trying to keep employees up to date on everything from the latest technologies and regulatory requirements, to industry certifications, best practices plus job-specific and leadership skills. Download this white paper to learn how to construct the business case to justify the purchase of an LMS.

information on the impact of technology on financial accounting in a company  ROI of a New Learning Management System (LMS): How to Construct a Successful Business Case In today’s fast-changing world, the learning management system (LMS) has become mission critical to organizations that are trying to keep employees up to date on everything from the latest technologies and regulatory requirements, to industry certifications, best practices plus job-specific and leadership skills. Download this white paper to learn how to construct the business case to justify the purchase of an Read More

Extending COBOL to SOA, Web Services, and Beyond: A Look at the Architecture with a Mainframe Perspective


In the rush to explore the “next big thing” in software technology, it’s easy to forget the huge investment you’ve already made in mainframe assets. These assets have performed the business functions that they were designed for, but it’s OK to remain open to new solutions too. By leveraging existing assets while moving to a service-based architecture, you can extend your existing business resources while saving money.

information on the impact of technology on financial accounting in a company   Read More

A.M. Best Company


Founded in 1899, global credit rating agency A.M. Best Company focuses on the insurance industry. Its news source, Best’s Insurance News & Analysis, includes special reports, a monthly magazine, and a daily digest.

information on the impact of technology on financial accounting in a company  M. Best Company Founded in 1899, global credit rating agency A.M. Best Company focuses on the insurance industry. Its news source, Best’s Insurance News & Analysis, includes special reports, a monthly magazine, and a daily digest. Read More

The Benefits of Running Your Business Software in the Cloud: Strategies for Success


With the growth of cloud computing, businesses must understand their application footprint, how applications and business processes cross departments and lines of business, and how to optimize their applications architecture around collaboration and process. This white paper shows how businesses can position themselves for cost-effective growth and improved competitiveness by combining an integration applications strategy with cloud delivery.

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Case Study: Newman Technology


Newman Technology realized it needed an enterprise resource planning (ERP) solution for production accuracy and accountability. This case study looks at their results with software from the Plex Manufacturing Cloud.

information on the impact of technology on financial accounting in a company  Plex ERP, Newman Technology, Plex Manufacturing Cloud, enterprise resource planning software, manufacturing ERP Read More

University of Kentucky Leveraging SAP HANA to Lead the Way in Use of Analytics in Higher Education




information on the impact of technology on financial accounting in a company  SAP, big data, analytics, SAP HANA, higher education, university, in-memory Read More

How Best-in-class Plan, Budget, and Forecast in Today’s Dynamic World


Prospects for the global economy remain precarious. But effective financial planning, budgeting, and forecasting can enable successful decision making even in periods of unprecedented change. Dynamic financial planning enabled through five key elements—process, organization, knowledge management, technology, and performance management—give business leaders the tools to take action and emerge even stronger. Find out how.

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Sales & Operations Planning: A Two-part Journey to a Bigger Bottom Line


This whitepaper demonstrates how you can positively impact your bottom line through improved sales and operations planning (S&OP), defined as "continuously balancing supply and demand, while connecting the impact of operational decisions to your financial plan." In this regard, S&OP cannot be talked about in isolation. It includes elements of demand planning, supply planning, and budgeting. Its purpose is to create the demand-supply balance essential to guiding operational decisions that have been evaluated against the financial context. Effectively executed, S&OP will deliver improved inventory turns and margins, leading to increased revenue, higher customer satisfaction, and better use of capital. Download to learn more today.

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