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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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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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 what is financial accounting explain its functions


Six Success Factors for Building a Best-run Marketing Organization
To address evolving market demands, companies must take new approaches to marketing activities and integrate all company functions. Customer relationship

what is financial accounting explain its functions  boundaries. In fact, sometimes what is regarded as the best of breed solution for marketing and other CRM applications doesn't yield optimal benefits because of an inability of that solution to fully interconnect with existing software systems. Analyze and adapt Analysis of vast amounts of data is becoming critical to understanding and managing the proliferation of products and brands, and to determining where to invest. Analytics leveraged to gain insights into customers - and their response to

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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

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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Documents related to » what is financial accounting explain its functions

Fatal Flaws and Technology Choices


Food and beverage manufacturers rely on information technology to meet market demands. However, food is one market where most enterprise applications show a number of "fatal flaws"—capabilities whose omission can impede operations to the extent of complete failure.

what is financial accounting explain its functions  them unique. To them, what they do is normal—doesn't every company need catchweight? More Potential Fatal Flaws Other typical must-have capabilities revolve around quality control and traceability. Consumer packaged goods (CPG) manufacturing is typically fast-moving, high-volume, and fairly simple, with relatively low-cost ingredients. Nevertheless, full quality control and lot traceability is essential, which means that it must be possible to use ingredients without the overhead of constantly having Read More

Software as a Service: Not without Caveats


Software-as-a-service solutions often cannot provide that final twenty percent or so that differentiates a company from its competitors. Of major concern is whether off-premise applications can support complex, global organizations on a constant basis and on strict service level agreements.

what is financial accounting explain its functions  that can only do what it was designed to do (special database triggers and stored procedures, for example), and it is not really the general-purpose programming language needed to accommodate significant custom programming. Again, the benefit of a controlled environment comes with the downside of limited tailoring. Enterprises also want more control of their applications, as they need to constantly change configurations in order to add new products, develop closer integration between their systems, and Read More

Not Yet Sold on SaaS ERP in Manufacturing? Take a Hard Look at Plex Online - Part 1


The software as a service (SaaS) model is now mainstream in many functional areas of business, quite outperforming its on-premise counterpart in this tough economic environment. Consider customer relationship management (CRM), transportation management, talent management, payroll processing, travel and expense (T@E) management, strategic sourcing and procurement, and many

what is financial accounting explain its functions  rather than manufacturing-centric model. What I am talking about here (and in my  previous blog series) is that data from the shop floor is disconnected from the top floor (ivory tower), and these ERP offerings typically miss key manufacturing features, such as lean manufacturing principles, integrated quality management, traceability, etc.  All these facts might explain why the abovementioned pure-play SaaS providers have started by tackling the services sector first. Plex Systems’ Secret Sauce In Read More

Business Intelligence Status Report: Recommendations


One of the biggest mistakes users often make with BI is forgetting the big picture, the strategic goals of what they hope to accomplish by accessing this information, while breaking out of traditional silo-ed metrics. BI is not a panacea, and enterprises must organize and prioritize their business needs across regions, departments (even across non-official "political" boundaries), etc., before they can hope to usefully report on the business information.

what is financial accounting explain its functions  tools. Part Three described what is available. Part Four presented the BI/CPM market landscape. Part Five discussed Geac and point solution vendors. Part Six compared direct access to a data warehouse for the mid-market. Recommendations for Enterprise Application Vendors Vendors without BI capabilities should consider a relationship with the likes of Vanguard, not merely as a technology partner, but rather as a BI solution alliance for certain industries. Vendors focused on the cost-sensitive mid-market Read More

IBM Cognos Financial Analytics


IBM Cognos financial analytics solutions provide the tools you need to measure, understand, influence and optimize profitability. These solutions also provide a rich, enterprise-wide environment that can help your finance organization impact all lines of business—from sales and marketing to operations and customer service.    

what is financial accounting explain its functions   Read More

Financial and Management Accounting with SAP for Banking


Recent changes in accounting standards and compliance, along with greater emphasis on managing risk and value, have introduced new key measures of bank performance and made it more important to coordinate the internal and external reporting of financials and risk. To meet these challenges, banks must do their utmost to more fully integrate their accounting data and processes.

what is financial accounting explain its functions   Read More

Oracle Financial Analytics


Oracle Financial Analytics helps front-line managers improve financial performance with complete, up-to-the-minute information on their departments' expenses and revenue contributions.  

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POLL: Is Cloud-based Accounting/Financial Software Right for You?


TEC is preparing a new Financial Packages Buyer’s Guide, and we’d like to hear your thoughts on cloud-based finance and accounting software. Your responses to the questions below will help us keep the guide focused on the needs of real-world accountants, financial managers, IT specialists, and other professionals.{democracy:70}{democracy:71}{democracy:72}{democracy:73}{democracy:74

what is financial accounting explain its functions  Is Cloud-based Accounting/Financial Software Right for You? TEC is preparing a new Financial Packages Buyer’s Guide, and we’d like to hear your thoughts on cloud-based finance and accounting software. Your responses to the questions below will help us keep the guide focused on the needs of real-world accountants, financial managers, IT specialists, and other professionals. {democracy:70} {democracy:71} {democracy:72} {democracy:73} {democracy:74} Thanks for taking the time to participate in this Read More

The Best-of-class Financial Systems Strategy: An Alternative to ERP Platforms


This white paper features insight about the issues facing companies that need an adaptable financial system but not necessarily a full-blown enterprise resource planning (ERP) solution. Also featured in this white paper: suggestions for identifying financial system functionality that will support your organization’s changing processes, and a descriptive checklist for soliciting such information.

what is financial accounting explain its functions  financial systems strategy,erp platform,financial system functionality,best-of-class financial applications,best-of-class systems strategy,unit4,coda financials,unit4 coda,unit4 software,unit4 business software 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.

what is financial accounting explain its functions  lacking in critical functionality—and what you can do about it. You'll also discover the eight rules for choosing a system that will take your company to the next level of success and profitability. Find out where you stand, and what you need to know if you do end up replacing your financial and accounting software. Download your PDF copy of Eight Rules for Investing in a New Accounting System today.   For assistance, please contact customer service. Hours: 8:00 AM to 5:30 PM EST. Phone: +1 Read More

Dynamics NAV: Financial Packages Competitor Analysis Report


This financial software knowledge base anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and receivable, reporting, and other bookkeeping requirements. This knowledge base in particular, offers a view on enterprise financial packages, which can complement an existing ERP system.

what is financial accounting explain its functions   Read More

Epicor ERP 10: Financial Packages Competitor Analysis Report


This financial software knowledge base anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and receivable, reporting, and other bookkeeping requirements. This knowledge base in particular, offers a view on enterprise financial packages, which can complement an existing ERP system.

what is financial accounting explain its functions   Read More

Deacom Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Mixed-mode ERP Certification Report


The Deacom product Deacom Integrated Accounting and Enterprise Resource Planning Software System (v.10.4) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for mixed-mode manufacturing in the ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

what is financial accounting explain its functions  Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Mixed-mode ERP Certification Report The Deacom product Deacom Integrated Accounting and Enterprise Resource Planning Software System (v.10.4) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for mixed-mode manufacturing in the ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More

Cloud-Based Financial Software: Contracting and Negotiating Strategies


Find out in Evaluating and Contracting for Cloud Financials.

what is financial accounting explain its functions  negotiate the best deal what your true total cost of ownership (TCO) will be Find out what you need to know about cloud-based financial solutions, benefits, and costs in one convenient document. Download your PDF copy of Evaluating and Contracting for Cloud Financials today.   For assistance, please contact customer service. Hours: 8:00 AM to 5:30 PM EST. Phone: +1 514-954-3665, ext.367. Read More