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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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 finance department processes ma

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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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.

finance department processes ma  Your Financial Processes , Finance Department Processes , Major Financial Processes , Financial Processes Deliver Transparency , Accelerates Financial Processes , Integrate Administrative and Financial Processes , Better Manage Financial Processes , Continuous Process Improvement , Process Improvement Qualifications , End-to-end Processes for Financial . Contents Preface Introduction About the survey What the executives are saying Impact on decision-making What to keep in mind Conclusion Preface Managing Read More

Do More with Less: The Five Strategies Used by Successful SMB Manufacturers


A common issue for small to medium business (SMB) manufacturers is how to increase revenue and grow their businesses without significantly adding staff. Unfortunately, these companies often emerge from the startup phase saddled with inefficient, manual processes that require extra people to maintain them. Learn how to position your company for more predictable business growth, without a reliance on adding more people.

finance department processes ma  the integration with the finance module, without having to put the customer on hold. Once an order has been specified, it can then be evaluated for a promised ship date through the integration with the production scheduling window. As the order is confirmed and accepted, workflow messages can also be used to communicate order information to other departments, and proactively move transactions from one department to another. Having the direct visibility to information that was once isolated to individual Read More

Measuring the Business Value of IT


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finance department processes ma  be performed by the finance or auditing department. Joint business and IT accountability is required. There are no IT projects, only IT-enabled business change. The benefits of IT investments are typically enjoyed by some entity outside of IT and it is this entity that must also be held accountable for the results of the investment. It is even more effective if individual rewards/compensation are tied to performance changes from the investment. The PMO contains a value methodology center of excellence Read More

Durst Speeds Up Processes with Infor Distribution SX.e


Infor recently announced that Durst, an operator of the high-end plumbing fixture brand JACLO, has successfully implemented Infor Distribution SX.e. Durst uses two separate business divisions—decorative plumbing manufacturing and plumbing supply distribution, and with the built-in functionality of Infor Distribution SX.e, it will be able to more effectively manage both sectors of the business.

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Delivering Efficiency: Business Processes, Automation, and Integration


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Outsourcing Supply Chain Planning Processes


Supply chain planning tools deliver potentially tremendous savings when well implemented, and wreak havoc when they fail. A company considering an outsourcing strategy for their supply chain planning processes should first address some key aspects of these tools.

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6 New Rules: Winning Finance Talent in the Digital Age


The data deluge is changing how finance departments analyze and utilize the massive amounts of information they collect. For businesses to be competitive in the 21st century, they must fill their finance departments with people who have more than an accounting background. This infographic looks at six approaches to winning and managing finance talent.

finance department processes ma  New Rules: Winning Finance Talent in the Digital Age The data deluge is changing how finance departments analyze and utilize the massive amounts of information they collect. For businesses to be competitive in the 21st century, they must fill their finance departments with people who have more than an accounting background. This infographic looks at six approaches to winning and managing finance talent. Read More

On the Road to Compliance: Linking Processes and Documents


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Rising to the Challenge: Productivity in Accounting and Finance Organizations


During these challenging times companies need to do more with less. This need extends throughout the organization-and companies' accounting and finance organizations are rising to the challenge. Know the most critical challenges faced by the CFO organization of companies in improving staff productivity and effectiveness of their operations according to research conducted by the Institute of Management Accountants (IMA).

finance department processes ma  Productivity in Accounting and Finance Organizations During these challenging times companies need to do more with less. This need extends throughout the organization-and companies'' accounting and finance organizations are rising to the challenge. Know the most critical challenges faced by the CFO organization of companies in improving staff productivity and effectiveness of their operations according to research conducted by the Institute of Management Accountants (IMA). Read More

How SharePoint Can Help Connect People, Processes, and Information


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SAP Customers Support Sales-effective Processes and Technologies with Enhanced Data Analysis


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How to Optimize Business Processes and Profitability by Effectively Managing Content


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Programs, Processes and Practices: Planning Implementations and Evaluating Systems


No company has ever fully evaluated the entire product that they are buying, time does not permit such a complete evaluation. Few people really track how well the software is used after it is installed.

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The Practical Realities of Automating ETO Business Processes


Today, engineer-to-order (ETO) manufacturers—also known as project-based manufacturers—experience significant market pressure across their sales, engineering and manufacturing groups as they strive to win business and streamline end-to-end processes. But by capturing engineering knowledge and using it to automate key business processes, manufacturers can increase sales bid and win rates, decrease internal operating expenses, and shorten lead times.

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Sales and Operation Planning: Integrate with Finance and Improve Revenue


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finance department processes ma  Operation Planning: Integrate with Finance and Improve Revenue Sales and operations planning (S&OP) is the key integrated process that the supply chain organization (specifically the vice president of supply chain) can use to achieve visibility across the entire organization and the value chain. This white paper highlights the results of over 220 companies participating in a survey on S&OP initiatives, and compares the views of the supply chain and finance organizations. Read More