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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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 set blanket finance charges


Web-based Solution Steps Out for Cohesive Retailer Sourcing
TradeStone recently announced the commercial availability of its Unified Buying Engine, a technology platform that should enable user companies to streamline

set blanket finance charges  pre-classifications, separate packed items, set and nested items, European Article Number (EAN) item codes for stock-keeping units (SKUs), libraries of attachments, pre-packed items, bulk size or color ratios, product testing, and sample management. So as to quickly develop comprehensive RFQs for both domestic and international sourcing, the product pulls information directly from the product brief repository, and invites suppliers to review and provide quotations. The comprehensive RFQ Builder walks

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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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Why Cloud Computing Matters to Finance


This Institute of Management Accountants (IMA) paper explores the benefits of transitioning from an on-premise financials system to the cloud. The paper reviews research conducted among 800 IMA members regarding their perceived benefits and risks related to moving financials to the cloud, including drivers around total cost of ownership (TCO); anytime, anywhere access; easy upgrades; and business process improvement.

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SMB Finance and Accounting Checklist: What You Need to Consider Before You Buy


Making a list and checking it twice is a particularly good practice when picking a finance and accounting software solution. If you don’t find the right product for your company, you’ll just pay for the mistakes on the back end. But first you need to know which features your small to midsize business must have and which you don’t want. Get some tips that will help you create your finance and accounting checklist.

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2011 Buyer's Guide to Accounting and Financial Software


Learn more about theadvantages of the new generation of finance and accounting systems in The 2011 Buyer's Guide to Accounting and Financial Software...

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Cloud Financials Come of Age


For finance executives, the financial advantages of cloud computing are undeniable. Shifting the costs of hardware and software from a capital investment to an operating expense makes software-as-a-service (SaaS) more affordable, and far more accessible. Learn how SaaS financials tools can free finance executives from the constraints of on-premise solutions, allowing them to concentrate on growth, regulation, and risk.

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Business Intelligence in the Corporate Finance Environment


Executives are placing greater demands on the finance department—and the chief financial officer (CFO)—to provide an accurate picture of the financial health of the enterprise, offer insight into how emerging shifts in key market factors will affect the organization, and establish timely scalable measures of corporate performance that align across functions. Learn how BI solutions can help finance departments deliver.

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Teradata Introduces Aster Discovery Platform 5.10


Teradata recently announced a new version of its Aster Discovery Platform, which contains important enhancements to the existing functionality set, aiming to deal with the analysis of big data. The Teradata Aster Discovery Platform addresses the issues associated with an organization's big data analytics requirements and aims to reduce the difficulties associated with deploying and managing big

set blanket finance charges  release include: A new set of Visual SQL-MapReduce functions to offer capabilities for generating sophisticated purpose-built data visualizations coupled with other Aster SQL-MapReduce analytical functions generated inside the database In-Database “R” execution capabilities—the open source statistical language, R, is integrated within the Teradata Aster Database. Support for In-Database PMML execution via Zementis to tight integration between Zementis and Teradata Aster Database, empowering Read More

Beyond Boundaries: A New Role for Finance in Driving Business Collaboration


The current global economic instability means firms have to quickly adapt to business conditions. This uncertainty may increase companies’ reliance on business alliances to provide as-needed skills, services, and products. To optimize these alliances, finance should enter the discussion as early as possible. Find out where finance’s true value lies when realigning strategic objectives to include business collaboration.

set blanket finance charges  calls for an expanded set of education, communication, and collaboration skills as well. The finance executives in our study say that one of the most important factors for a successful alliance is to develop trust in working relationships. Thorough and fact-based communication, grounded in a common understanding of objectives and transparent metrics among all the parties involved, is critical in building the trust necessary for a successful partnership. Consequently, finance executives are fi nding that Read More

ERP for Fashion Industries


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.

set blanket finance charges  (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, Read More

Transforming Performance Management in an SAP Environment: Considerations for Finance


Finance professionals who plan, budget, and forecast in an SAP environment always need to drive additional value from their SAP solutions. One of the most pressing challenges is extending SAP functionality with a planning, budgeting, and forecasting solution that offers critical modeling and analytic capabilities for improved financial performance management. Learn how a business intelligence (BI) solution can help.

set blanket finance charges  want and need to set goals and analyze performance from multiple perspective—products, regions, time periods, and so on. This has led to advancements in how multi-dimensional data foundations are implemented. That said, SAP applications remain fundamentally transaction-based systems. IBM Cognos 8 Planning, by comparison, was conceived from the beginning as a solution for the calculation-intensive, forward-looking requirements of enterprise planning. Let's examine four key characteristics of planning as Read More

CRM for the Finance and Banking Industry - Part 1


How many different systems does a bank employee use when changing a customer’s contact information? The last time I moved and had to change my address, the bank employee used two systems, asked three or four of her co-workers for help, and took about 15 minutes to do it because the information from one system did not transfer right away to the other system. It goes without saying that this was not

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Facing A Selection? Try A Knowledge-Based Matchmaker Part 2: A Timesaving Solution


Since a 'one-size-fits-all' product is still not quite a viable possibility, almost every product can win provided a certain set of requirements. The Catch 22 for both buyers and vendors/VARs is to pinpoint the right opportunity in this ongoing 'dating game'. An RFP/RFI selection process can streamline the initial phase of an ERP selection process while addressing many of the buyer's vital questions.

set blanket finance charges  can win provided certain set of requirements. The Catch 22 for both buyers and vendors/VARs is to pinpoint the right opportunity in this ongoing 'dating game'.   In Part 1 of this article it was suggested that an effective RFI/RFP process can streamline the selection process avoid the pitfalls of past selection processes.   This is Part 2 of a four-part tutorial that addresses this situation from the viewpoint of the Buyers, Vendors, and Resellers.   Part 1 - Overview of the Problem Part 2 - Presents Read More

HP Turbo-charges New Business Creation


Hewlett Packard (HP) is a leader in innovation. The success of its merger with Compaq created an opportunity to develop entirely new areas of the business. Executives recognized that this would require exploring radically new ideas and managing the tremendous uncertainty surrounding moving into new businesses. Discover how implementing new project evaluation processes and software helped them deal with this challenge.

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The Renewed Finance Function: Extending Performance Management Beyond Finance


The role of the finance team has changed recently, due to increased oversight from regulators, more active investors, and company-specific changes in business operations. What steps are companies taking to respond to the internal and external forces? Find out how finance often repairs core finance and operating activities, as exposed in the results of a survey and a series of interviews among senior finance executives.

set blanket finance charges  recognize that the skill set and the approach that a finance executive brings to the table are very valuable in strategic decision making, so companies are always pulling in that direction. The tension between these two roles strategy and con- trollership is significant. At the minimum, it can stretch resources thin. At the extreme, it can go so far as to con- tribute to decisions to cast off the burdens of Sarbanes- Oxley altogether. Until six weeks ago, I would have said what kept me up at night was Read More

The Strategic CFO: Success Secrets of High-performing Finance Teams


Finance executives must meet a growing number of challenges if their companies are to continue being profitable. So how can they deliver strong performance in every aspect of their businesses? The answer: by deploying a corporate financial management system that expands the capabilities of their core activities—a system that extends its reach to automate other processes within the enterprise.

set blanket finance charges  environment has created a set of key problems or challenges for CFOs at enterprising companies looking for a different approach. Among them: Process Disruptions in Core Financial Operations. Finance leaders and managers are struggling with many process challenges that might be considered core or foundational issues. They may even be mission critical. The problem is that the handling of these processes is neither effective nor eficient. Typical processes that must be considered: Procure-to-Pay; Read More