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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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 consolidated and efficient finance processes cfo

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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Documents related to » consolidated and efficient finance processes cfo

Managing Risk through Financial Processes: Embedding Governance, Risk, and Compliance


Initiatives to automate and streamline financial processes often focus more on reducing costs than adding value. Adding the kind of value you should have in your financial processes stands at the heart of a broader initiative known as governance, risk, and compliance (GRC). Learn why embedding the components of GRC within your financial processes can help you track financial flows and alert you when things might go awry.

consolidated and efficient finance processes cfo  Major Financial Processes , Consolidated and Efficient Finance Processes , Webcast Financial Process Automation , Optimising Your Financial Processes , Future of Financial Processes , Pay and Financial Management Solutions , Connection Financial Processes , Ease Financial Processes , Discover Easy-to-Use Solutions , Financial Processes to Extend , Efficient Finance Processes , Financial Processes Applications , Standardizes and Integrates Financial Processes , Organize Your Financial Processes , Finance Read More

How Midsize Businesses Are Using ERP to Gain Competitive Advantage in a Tough Economy


When times get tough, some decision makers reduce costs, and cut corners. In some situations, that doesn’t work. An economic downturn may actually be the perfect time to invest in a significant IT expansion—especially in areas where a new enterprise resource planning (ERP) solution can improve efficiency, reduce costs, and improve competitiveness. Just make sure you choose the right ERP vendor and consultant. Learn more.

consolidated and efficient finance processes cfo  of the functionality is consolidated. From the purchase order I can essentially see the whole chain of transactions. That is quite useful, Jaekel says. Advice to Other Midsize Businesses For other businesses looking to invest in an ERP solution, both Jaekel at eZono and Fandino at Gavina Coffee believe that the challenging economic conditions should not be a deterrent, particularly in areas where an ERP solution can improve company efficiencies, reduce costs and improve competitiveness. I''m not one to Read More

Not Small Change: World-class Financial Automation Delivers Dramatic Benefits


Automating finance processes—such as closing the books, reporting, and other labor-intensive processes—reduces finance costs. By streamlining financial processes, you can spend more time on higher-value responsibilities and help ensure your company has a competitive advantage. Find out about the financial solutions many financial managers are implementing to automate their financial processes and financial transactions.

consolidated and efficient finance processes cfo  multiple systems must be consolidated and tasks coordinated across operating units located in different locations and time zones. The time and effort of closing the books can be greatly reduced through technology investments that help standardize, automate and coordinate the companywide closing process. Leading companies are benefiting from technology solutions that enable more consistent processes, better task coordination, collaboration and workflow required for closing the books. Graphical tools also Read More

Building a Best-run Finance Organization: A New Role to Address Today’s Business Realities


One company executive has a growing influence in today’s boardroom—the chief financial officer (CFO). And the role of the finance organizations that these CFOs lead is expanding as well. Examine the changing role of the finance organization in today’s business environment, learn how your CFO can take on a more prominent role in defining company strategy, and find out how you can develop a best-run finance organization.

consolidated and efficient finance processes cfo  making critical business decisions. Consolidated. It is inefficient to implement process or regulatory changes that affect an entire organization on a system-by-system or subdivision basis. A common technical platform can eliminate this potentially costly requirement. Striking a Balance The best-run finance organization will continue to address near-term priorities while helping to chart long-term business direction. As a result, the mission of today’s finance organization is truly both tactical and Read More

Joining the Sarbanes-Oxley Bandwagon; Meeting the Needs of Small and Medium Businesses


To meet tough government compliance, more vendors are offering compliance solutions. CODA's collaborative task modeling tool takes an enterprise's best practices model, audits business processes, automates data collection, and creates a secure collaborative space to offer checks and balances to simplify compliance monitoring.

consolidated and efficient finance processes cfo  companies into a single consolidated group report. Financial analytics software works by consolidating data from disparate systems into one source, giving financial analysts—and, more crucially, decision makers in other departments—a consistent view of performance across the organization. Using simple queries, such as What were our sales figures in a particular region this quarter? , through a browser or a client-server user interface (UI), managers can get a single view of the truth and Read More

Duke Realty Remodels Accounts Payable Processes with AnyDocINVOICE


Duke Realty Corporation—the largest publicly traded office and industrial property owner in the US—needed to find a more organized way to process the nearly 20,000 invoices its thirteen locations handled each month. To ensure data was properly captured and processed, Duke Realty turned to AnyDocINVOICE solution and has since been able to create a faster, more visible invoice process that uses 50 percent less staff.

consolidated and efficient finance processes cfo  Realty Remodels Accounts Payable Processes with AnyDocINVOICE Duke Realty Corporation—the largest publicly traded office and industrial property owner in the US—needed to find a more organized way to process the nearly 20,000 invoices its thirteen locations handled each month. To ensure data was properly captured and processed, Duke Realty turned to AnyDocINVOICE solution and has since been able to create a faster, more visible invoice process that uses 50 percent less staff. Read More

ITIL-Living Processes


The case company decided to carry out an information technology infrastructure library (ITIL) implementation, and in so doing hoped to make production in IT more visible, increase customer satisfaction, and maintain or increase employee satisfaction in IT. Implement Consulting Group facilitated the process selection and design and managed the requirement collection, selection, and implementation phases of the project.

consolidated and efficient finance processes cfo  Living Processes The case company decided to carry out an information technology infrastructure library (ITIL) implementation, and in so doing hoped to make production in IT more visible, increase customer satisfaction, and maintain or increase employee satisfaction in IT. Implement Consulting Group facilitated the process selection and design and managed the requirement collection, selection, and implementation phases of the project. Read More

Supplier Portals: Insight into an Efficient Supply Chain


Manufacturers previously tracked suppliers and their deliveries of goods in a predictable method that often resulted in errors. For small to midsized suppliers eager to adopt more efficient communications with customers but lacking access to an EDI-compliant system, supplier portals are an alternative cost-saving solution. See how supplier portals add increased efficiency, quality, and transparency to the supply chain.

consolidated and efficient finance processes cfo  Portals: Insight into an Efficient Supply Chain Manufacturers previously tracked suppliers and their deliveries of goods in a predictable method that often resulted in errors. For small to midsized suppliers eager to adopt more efficient communications with customers but lacking access to an EDI-compliant system, supplier portals are an alternative cost-saving solution. See how supplier portals add increased efficiency, quality, and transparency to the supply chain. Read More

5 Key Points for Continuous Improvement in the Life Cycles of Processes


In today’s changing, competitive world, companies must adopt a continuous improvement methodology to support sustainable and profitable business models. Processes must be seen as a lever for analyzing and optimizing the way firms works. Before you initiate any project involving process automation and management, discover five key points that can help you make continuous improvements in the life cycles of your processes.

consolidated and efficient finance processes cfo  Key Points for Continuous Improvement in the Life Cycles of Processes 5 Key Points for Continuous Improvement in the Life Cycles of Processes If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. With Polymita BPM you can completely automate and manage the lifecycle of its processes , organizing the people team work, and the related content and information, 100% on-line, from a web browser. Source : Polymita Technologies Resources Related Read More

Case Study: Teknol, Inc.-Integrating Manufacturing Business Processes




consolidated and efficient finance processes cfo   Read More

Pelican Products: Supporting Growth with a Consolidated Business Platform


A leader in the design and manufacture of advanced lighting systems and rugged protective cases, Pelican Products Inc. is also recognized as one of the fastest growing companies in the United States. Learn how, by consolidating its worldwide operations on a single instance of an enterprise resource planning (ERP) application, Pelican gained greater operational transparency and established a platform for continued growth.

consolidated and efficient finance processes cfo  Supporting Growth with a Consolidated Business Platform A leader in the design and manufacture of advanced lighting systems and rugged protective cases, Pelican Products Inc. is also recognized as one of the fastest growing companies in the United States. Learn how, by consolidating its worldwide operations on a single instance of an enterprise resource planning (ERP) application, Pelican gained greater operational transparency and established a platform for continued growth. Read More

The Anatomy of Retail Sourcing Processes


The most successful retailers are those that continually focus on driving the very best performance from each of their suppliers, and that work collaboratively to improve performance in areas such as on-time delivery, product quality, and regulatory compliance.

consolidated and efficient finance processes cfo  Anatomy of Retail Sourcing Processes The potential benefits of global sourcing and supplier management that have been discussed for retailers in this series so far are not that easily achieved across the board. To recap, these benefits can be seen both at the top line and at the bottom line. At the top line, benefits include growth of private label business, faster time-to-market, better product availability and fewer stockouts, more competitive offerings and improved customer value, and broader access Read More

Aligning a Manufacturing Vision with Processes through Mixed-mode ERP


Manufacturing organizations are under pressure to anticipate customer requirements and to quickly respond to an increasing array of changing market demands. Such organizations are meeting these challenges by implementing a variety of production strategies across multiple product lines. In doing so, they aim to maintain market share through growth and acquisition of companies that will complement

consolidated and efficient finance processes cfo  a Manufacturing Vision with Processes through Mixed-mode ERP Manufacturing organizations are under pressure to anticipate customer requirements and to quickly respond to an increasing array of changing market demands. Such organizations are meeting these challenges by implementing a variety of production strategies across multiple product lines. In doing so, they aim to maintain market share through growth and acquisition of companies that will complement their existing product offerings. As a Read More

Professional Services Organizations Automate their Processes


Major vendors are entering the professional services software market and small niche vendors are repositioning themselves to compete. This changing market is conveying mixed messages; however, users can navigate this space by separating market messages from vendors' functional capabilities.

consolidated and efficient finance processes cfo  Services Organizations Automate their Processes Introduction In response to market demand, a relatively new software space aimed at professional services organizations has emerged as a viable software category. Viewed as Enterprise Resource Planning for People, this class of software is continuously redefining its parameters. Although professional services organizations were initially targeted by niche vendors, in the last couple of years, we have seen the entrance of major enterprise Read More