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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 organizations


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

finance organizations  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).

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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

PPM for Professional Services Automation

A business practice that assists organizations to align their portfolio of projects with their business strategy. Professional services automation (PSA) refers to a system designed to streamline and track resources, projects, portfolios, revenues, and the costs of professional services organizations (PSOs), which provide billable services to their clients. Consequently, PPM for PSA provides both the high-level monitoring of project portfolios as business investments and automates the project-specific functionality of time, billing, expense reporting, opportunity management, and resource management, linking back office functionality with the PSO’s portfolio of projects. 

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Documents related to » finance organizations

The State of the Art in Finance


Thanks to recent accounting scandals and an increasingly competitive environment, many chief financial officers and the finance organizations they lead have started to take on new roles within the enterprise. However, given the current state of the finance function in US companies, companies first need to understand the challenges to finance—and the road map to increasing its strategic capabilities.

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Finance Is Changing Fast, Can Your Apps Keep Up?


The finance field undergoes rapid changes—and financial organizations must be able to adapt to those changes at lightning speed in order to stay one step ahead of the competition. They must also be able to foresee customer needs and address them before them the competitors do, otherwise they risk losing their fickle clients.

Additionally, customers expect their financial institutions to be readily accessible at all times and for them to be able to conduct their financial transactions reliably 24/7. A lag in the performance of their mission-critical applications—such as investment and portfolio management, online banking, and claim processing software—can cost banks thousands of dollars every minute. Financial organizations must be able to prevent and attend to emerging issues early on before they progress and disrupt the entire business. IT teams must be able to meet these demands while facing challenges of increasing IT complexity, difficulty prioritizing, trouble pinpointing root causes, and understaffing.

Furthermore, stricter regulations regarding how financial institutions can store and transmit customer information and increased IT security threats from hackers worldwide have made it increasingly challenging and important to have continuous monitoring and effective management of mission-critical apps. The main problem of IT essentially has to do with lacking insight into the organization’s mission-critical apps. Read how financial institutions can use application performance management solutions to maximize performance, reduce bottlenecks, quickly troubleshoot problems, and proactively monitor applications.

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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.

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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.

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CRM in Not-for-profit Organizations


Traditionally, customer relationship management (CRM) solutions have been seen as tools for commercial enterprises, aiming to increase sales and ultimately profit. Although the functionality in CRM packages undoubtedly supports the commercial activities of business, it is worth exploring how the same features can be used to equally good effect in a not-for-profit (NFP) or charity environment. Find out more.

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Analytics: A Blueprint for Value in Mid-Market Organizations


While most mid-market companies have an analytics foundation designed to handle structured data, few have evolved to more dynamic environments required for big data and a pervasive and prescriptive use of advanced analytics that are essential to survive in a digital world. So, what should mid-market companies do now to improve their capabilities to convert data-driven insights into meaningful results? In this report, we explore how they can tap into their strengths, shore up their weaknesses, and learn from analytics leaders.

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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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Finance and Accounting Solutions Buyer’s Guide for Small to Medium Enterprises


In plain, easy-to-follow language, finance accounting solutions buyer's guide for small to medium enterprises will bring you up to speed in the bas...

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Modern Finance In The Digital Age: Return on Investment Best Practices


For businesses in the digital age, modernizing their finance departments is more critical than ever before. Installation of enterprise resource planning (ERP) tools is understood to be essential, allowing companies to streamline previously complicated and outdated processes. Using cloud technology to perform analysis of big data gives businesses the ability to improve how and when to assign assets, but without implementing best practices alongside the ERP software, your business can’t maximize the benefits of this new technology.

Different options for return on investment (ROI) analysis are possible with cloud-based technology, such as allowing users to develop a controlled return on investment profiles on smaller, more focused projects, or in some cases, how to circumnavigate outmoded software and hardware, saving person hours and creating less confusing profiles.

In this white paper, learn how to modernize your financial organization and apply return on investment best practices in conjunction with cloud technology not only to maximize analytics based on big data, but to empower finance across the board, even attracting the right people to your team. Learn about how to achieve increased financial savings, and how to develop support systems for predictive and focused analytics, as well as for strategic outcomes. When a modern system takes full advantage of everyone’s skill sets, exceptional results are possible.

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High Performance Organizations Are Driven by the Power of Enterprise Business Events


"Agility", "real time enterprise", "zero latency" ... these are among the several buzzwords doing the rounds these days. Some would characterize these present times as belonging to the "Real Time Decade." Are these words just hype or do they proffer a vision of reality for the near future? This article attempts to examine the issues involved and offer some answers.

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