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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 » budgeting process


Budgeting: Beyond Spreadsheets
Financial planning, budgeting, and forecasting can be an endless and arid process for business professionals. Spreadsheet-based planning can prove to be

budgeting process  Beyond Spreadsheets Financial planning, budgeting, and forecasting can be an endless and arid process for business professionals. Spreadsheet-based planning can prove to be confusing and unorganized, which only costs the company more time and money. IBM''s Cognos software can help not only reduce the time spent on planning processes, but also build complex business models and perform ‘what if’ scenarios, enhancing strategic decision making. Read More
Oracle E-Business Suite (12.1) for Process ERP Systems Certification Report
Oracle E-Business Suite (12.1) is now TEC Certified for online comparison of process manufacturing enterprise resource planning (ERP) systems in TEC''s

budgeting process  Assets, Cost Accounting, and Budgeting submodules. The functional areas where Oracle’s competitors approach E-Business Suite are Accounts Payable, General Ledger, and Cash Management. Quality Management The Oracle E-Business Suite is strong in the Quality Management module, as it demonstrated in the graph below. The rating result here is stable and equal to 100 percent, meaning that all 29 criteria are supported out of the box. The average solution rating is 90.6 percent. Note that there are fewer Read More
Planning, Budgeting, and Forecasting Software Evaluation and Selection Guide
Enterprise planning@budgeting, forecasting, and reporting@is a crucial component of financial management that contributes to companies’ success. However

budgeting process  then turn the annual budgeting process over to finance along with a mandate to meet those numbers. Other companies require detailed bottomup planning, and then plug the total company numbers in at the top, so that the plan meets strategic targets. Neither of these approaches reflects a commitment to planning excellence. Instead, leading companies provide initial guidance from senior management’s topdown perspective on strategic goals, objectives, and expectations. Then, department managers build a plan Read More
Planning and Budgeting: Improving Effectiveness through Best Practices and Technology
Planning and budgeting are critical components of any company’s performance management initiative, as they are a means of translating strategy into a coherent

budgeting process  and Technology Planning and budgeting are critical components of any company’s performance management initiative, as they are a means of translating strategy into a coherent set of initiatives and provide a basis for objective assessment and alignment. But how well are companies achieving this? Read this benchmark research that examined the process, technology, and other components that reveal how effective planning and budgeting are. Read More
Best Practices for Budgeting, Forecasting and Reporting
Corporate budgeting, forecasting, and reporting presents a formidable challenge to most companies, regardless of size or industry. Companies that are able to

budgeting process  are able to address budgeting obstacles and improve their process will not only be rewarded with more accurate budgets, more timely re-forecasts, and improved decision-making, but also foster a disciplined financial management culture that will deliver a true competitive advantage Read More
Business Process Management and Optimization
Business processes are strategic assets. They not only generate revenue, but also represent a significant proportion of operational costs. Managing them

budgeting process  Process Management and Optimization Business processes are strategic assets. They not only generate revenue, but also represent a significant proportion of operational costs. Managing them properly is key to your organization’s success. Find out how business process management and optimization (BPMaO) can help you understand, manage, and improve your business processes in order to deliver value-added products and services to your clients. Read More
IFS Applications (v. 7.5) for Process Manufacturing ERP Certification Report
IFS Applications (v. 7.5) is TEC Certified for online evaluation of process manufacturing enterprise resource planning (ERP) solutions in the ERP Evaluation

budgeting process  Applications (v. 7.5) for Process Manufacturing ERP Certification Report IFS Applications (v. 7.5) is TEC Certified for online evaluation of process manufacturing enterprise resource planning (ERP) solutions in the 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 Read More
Business Process Simulation Technology from Lanner
Today, TEC Research Analyst Gabriel Gheorghiu focuses on business process simulation software provider Lanner Group. Gabriel looks at Lanner''s history, products

budgeting process  Process Simulation Technology from Lanner There are many business process management (BPM) solutions that can help create and manage workflows for all business activities, but only some of them are going one step further to offer BPM simulation functionality. Such solutions can be used to simulate different scenarios for business processes changes and determine the potential effects they might have on a company''s activities. Lanner is one of the vendors providing this type of business process Read More
Invensys Announces New Division - Baan Process
Invensys has announced a new division, Baan Process Solutions Group (BPSG), which combines the PRISM and Protean process ERP products with the Baan Dimensions

budgeting process  Announces New Division - Baan Process Invensys Announces New Division - Baan Process P. Catz - April 26, 2001 Event Summary A new division within Invensys , Baan Process Solutions Group (BPSG), will be made up of the PRISM and Protean process ERP products currently under the Wonderware division, plus the Baan Dimensions and Baan IV Process product targeted at Food and Beverage, Chemicals, Plastics, Primary Metals, Pulp & Paper, and Cable & Wire industries. Robert Thomas is the name of the Read More
ERP Discrete Vs ERP Process
To compare process ERP solutions head-to-head based on your organization''s needs and characteristics , visit TEC''s process ERP evaluation center.

budgeting process  Discrete Vs ERP Process ERP Discrete vs. ERP Process People often ask what''s the difference between process and discrete ERP? Here''s a rough overview of the difference. A quick definition from APICS (The Association for Operations Management) describes discrete manufacturing as the production of distinct items such as automobiles, appliances, or computers, whereas process manufacturing covers production that adds value by mixing, separating, forming, and/or performing chemical reactions. It may be Read More
Business Process Modeling (BPM) Express
TEC’s BPM Express projects include a modified business process modeling (BPM) exercise that supports an accelerated evaluation and selection project.

budgeting process  Process Modeling (BPM) Express TEC’s BPM Express projects include a modified business process modeling (BPM) exercise that supports an accelerated evaluation and selection project. Read More
Best-practice Budgeting
Each year, companies invest substantially to create an annual budget, spending heavily on specialty software, staff overtime, and temporary help for data entry.

budgeting process  practice Budgeting Each year, companies invest substantially to create an annual budget, spending heavily on specialty software, staff overtime, and temporary help for data entry. In a perfect world, these investments would deliver excellent returns—but often, they simply don’t. Learn budgeting, forecasting, and financial performance management best practices that can help you maximize budgeting benefits and minimize budgeting pain. Read More
Process vs Discrete ERP
When researching the right manufacturing software for your business, it is important to realize there is a difference between process and discrete software. A

budgeting process  vs Discrete ERP When researching the right manufacturing software for your business, it is important to realize there is a difference between process and discrete software. A discrete software solution for a process manufacturing company will inevitably fall short, but after you identify your manufacturing operation and requirements, what is the next step? Learn about what guidelines to follow when viewing manufacturing software to ensure your company needs are addressed. Read More
CPR on BPR: Practical Guidelines for Successful Business Process Analysis
Part 2 of a series on Business Process Reengineering: Long Live Business Process Reengineering. In this Part, we discuss some practical steps for actually

budgeting process  on BPR: Practical Guidelines for Successful Business Process Analysis CPR on BPR: Practical Guidelines for Successful Business Process Analysis R. Garland - August 23, 2001 CPR ON BPR: Long Live Business Process Reengineering As mentioned in Part 1: A Primer , companies should never lead with technology when trying to solve business process problems. They should review their business goals and objectives, examine, and refine or replace business processes, and then, and only then, should they find the Read More
SCT Corporation Means (e)Business For Process Manufacturing
SCT has announced more e-commerce offerings for the process industries, including an expanded vision for their iProcess.sct solution called ''Collaboration in

budgeting process  Corporation Means (e)Business For Process Manufacturing Event Summary In anticipation of its annual SCT Summit user conference April 8-11, SCT (NASDAQ: SCTC), whose Process Manufacturing and Distribution Solutions Division is a prominent provider of business solutions for the process industries, orchestrated a press release blitz during March. On March 6, SCT announced an expansion of its vision for its process manufacturing and distribution solutions business. This vision, called Collaboration in Read More

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