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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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 financial processes accounts receivable it

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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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.

financial processes accounts receivable it  Governance, Risk, and Compliance Financial Processes is also known as : Financial Processes , Looking for Financial Processes , Speeds Financial Process , Financial Process Automation , Financial Processes Increases , Improving Your Financial Processes , Audit of Key Financial Processes , Explore Financial Practices and Processes , Managing Financial Processes , Financial Management Solutions , Benchmarking Improving Major Financial Processes , Consolidated and Efficient Finance Processes , Webcast Read More

Executive Brief: 3 Key Success Strategies for Insurance, Banks, and Financial Services


Financial services organizations are always looking for ways to improve business processes to implement tighter control—and improve the bottom line. But finding new ways to boost efficiency is challenging. One strategy for success is to improve the use and allocation of resources in order to eliminate errors from duplicate data entry. Discover more about this strategy and two others, as well as how they can benefit you.

financial processes accounts receivable it  enterprise-sized insurance, banking, and financial services organizations are always looking for different ways to improve their business processes in order to implement tighter controls and improve the bottom line. But the question is not what''s broken? After all, with the advent of enterprise systems, there''s not much room for a broken business process to hide. The real question is what haven''t you done already? Where in the organization have you not looked to for improvement? The fact is, 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.

financial processes accounts receivable it  centers handle all the financial processes the subsidiaries had handled individually, including accounts receivable and payable processing. Organizational changes within Cardinal s finance team, including its transition to a financial shared-services model, have saved the company $10 million since 2005, savings that Cardinal is investing in technology and customer-friendly processes, Henderson says. This lift-and-shift of processes and people, as Henderson calls the move to shared-services centers, has Read More

Will 2005 Validate Global Trade Management and Unify Financial and Physical Supply Chains?


The Internet opened the door for global trade. As the global trade management (GTM) space continues consolidating, market leadership belongs to companies that understand, to truly improve global trade, one must be able to manage both the physical and financial supply chains.

financial processes accounts receivable it  capital needs, and overall financial position. Importing and exporting have to be among the most labor-intensive, paper-heavy business activities, and the preparation of export, import, and border/duty clearance documents is no small feat for shippers and carriers. When one adds up all of the documentation that must be complied, including shipping and payment documents, advance shipment notices (ASN), licenses, certifications, and includes the inspections required by the exporter, importer, freight Read More

Comprehensive ERP and Financial Management for a Manufacturing Competitive Advantage


Manufacturers face a challenging environment with scarce credit, pricing pressures, and increasing costs. Critical to success is an enterprise resource planning (ERP) solution that aligns operations and production with finance—allowing manufacturers to deliver quality products at competitive prices. Discover the key areas necessary for creating value and profitability through real-time monitoring of financial conditions.

financial processes accounts receivable it  Manufacturing Financials , Implement Financial Processes , Comprehensive Financial Reporting , Robust Financial Reporting , Regulatory and Compliance , Finance Accounting , Audit Finance . At a Glance   The manufacturing enterprise faces a challenging environment with scarce credit, pricing pressures, and increasing costs. Critical to success is a fully comprehensive Enterprise Resource Planning (ERP) solution that aligns operations and production with finance to understand risk, allowing manufacturers Read More

Simatic IT Interspec


Simatic IT Interspec is a corporate product specification management system, which enables a company's product lifecycle management strategy. Corporate specification management allows a whole organization to speak a single language for specifications. Simatic IT Interspec is the single point of reference for product specifications. Through its flexible and configurable structure and glossary, specifications are standardized throughout the company, and anyone around the world will be able to read the same specification in his own mother tongue. Simatic IT Interspec supports life-cycle control, versioning, workflow and access control of the product data, which enhances the internal and external product information management. When specifications are structured in Simatic IT Interspec, harmonization of the product range, supply chain flexibility, global buying, extended R&D, and collaboration are within reach of the company. Simatic IT Interspec has enquiry tools and a reporting tool for any kind of claims report, nutritional calculation, ingredient label generator, BOM explosion or specification comparison.  

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The 2007 Microsoft® Office System in Financial Services


This white paper highlights the key challenges facing the financial services industry, and discusses how the 2007 Microsoft® Office system can help financial institutions affect business performance with innovative and powerful enterprise capabilities that extend far beyond improving personal productivity.

financial processes accounts receivable it  Microsoft® Office System in Financial Services This white paper highlights the key challenges facing the financial services industry, and discusses how the 2007 Microsoft® Office system can help financial institutions affect business performance with innovative and powerful enterprise capabilities that extend far beyond improving personal productivity. Read More

Business Process Management: A Crash Course on What It Entails and Why to Use It


Business process management (BPM) has to integrate existing enterprise applications, Web services, and people in such a way that it can also quickly change, destruct, or construct processes. This is far beyond the realm of traditional enterprise application integration (EAI).

financial processes accounts receivable it  Process Management: A Crash Course on What It Entails and Why to Use It Integrated and Process-oriented Solutions Are Required for Competitiveness Integrated solutions that optimize only at a company- or department-level are no longer sufficient for success in today''s highly competitive, integrated supply chain environment. Every department contains mountains of data, but without an integrated and process-oriented solution, all this valuable information is often lost to the company as a whole. Read More

Gem Accounts


Gem Accounts has been designed from the ground up to be an affordable full-featured scalable cloud accounting software system for mid market enterprise (MME). Gem offers multi-country capability, service billing, inventory management, light manufacturing, and all the features you would expect from a serious accounting package.

financial processes accounts receivable it   Read More

The Benefits of Focusing on a Niche and Serving it Well: EcFood - A Dot-com Making It


ecFood is a strategic sourcing vendor focused on the industrial food market. Its recent financial results prove that being highly focused can bring value to the target market and success to a "dot-com".

financial processes accounts receivable it  EcFood,food and beverage industry,web-enabled sourcing software tools,industrial food sector,e-commerce technology,ecSourcing,web-based Procurement Service Providers,ecfood revenue volume,food industry purchases,supply chain process,strategic sourcing,erp scp,food strategic sourcing,supply chain processes,food and beverage industry analysis Read More

FAXCOM in Financial Services: Optimizing Business Workflow


Fax servers are essential for the financial services industry. Their reliability and security help transmit financial information quickly and safely. Financial institutions, however, also have workflow and document needs due to lots of back-office paperwork. Luckily, there are fax servers on the market that help financial institutions optimize workflow and business processes—organizing and reducing paperwork backlog.

financial processes accounts receivable it  in Financial Services: Optimizing Business Workflow Fax servers are essential for the financial services industry. Their reliability and security help transmit financial information quickly and safely. Financial institutions, however, also have workflow and document needs due to lots of back-office paperwork. Luckily, there are fax servers on the market that help financial institutions optimize workflow and business processes—organizing and reducing paperwork backlog. Read More

From Transaction to Transformation: How Financial Software Keeps Pace with Business


As finance departments face increased expectations to play a strategic role in their enterprise’s development, finance executives look to financial software solutions to help increase growth and manage resources. But when most software solutions support standard business requirements, how do you choose the one that is best suited to your company?

In this report, TEC's senior research analyst Aleksey Osintsev looks at the rising importance of choosing the right accounting and financial software suite and how to approach the evaluation of a modern financial management solution. Financial applications are outlined and compared, including Sage ERP X3, Infor EFM, and Oracle E-Business Suite.

financial processes accounts receivable it  Transaction to Transformation: How Financial Software Keeps Pace with Business As finance departments face increased expectations to play a strategic role in their enterprise’s development, finance executives look to financial software solutions to help increase growth and manage resources. But when most software solutions support standard business requirements, how do you choose the one that is best suited to your company? In this report, TEC''s senior research analyst Aleksey Osintsev looks at the Read More

What's Wrong With Application Software? - A Possible Solution? What Is It, Why And How Does It Fit Into Your Future


The series, 'What's Wrong With Application Software' explored key challenges found in enterprise applications and also discussed the characteristics of next generation architectures that would provide better support for applications. Once such solution, model based architectures, deserves to be on an enterprise's 'technologies to watch' list.

financial processes accounts receivable it  s Wrong With Application Software? - A Possible Solution? What Is It, Why And How Does It Fit Into Your Future Introduction In the series, What''s Wrong With Application Software we explored key challenges found in enterprise applications. We also discussed the characteristics of next generation architectures that would provide better support for applications. While the series ran, we received a lot of feedback. The messages we received both validating the problems and pointing to some potential answe Read More

Employee Fraud within Financial Services


Financial service institutions spend thousands of dollars every year on securing their networks from external breaches, but often fail to think about possible internal threats. Employee fraud has become a growing problem in the financial sector—one that many institutions are not fully prepared to handle. Implementing automated detection technologies, however, can be their first line of defense to eradicating this problem.

financial processes accounts receivable it  Fraud within Financial Services Financial service institutions spend thousands of dollars every year on securing their networks from external breaches, but often fail to think about possible internal threats. Employee fraud has become a growing problem in the financial sector—one that many institutions are not fully prepared to handle. Implementing automated detection technologies, however, can be their first line of defense to eradicating this problem. Read More

IT Vendor Management in Hard Economic Times


During a recession, successful businesses change their approach to managing information technology (IT) sourcing. The challenge is to become more efficient and invest in IT so the return on investment (ROI) is realized quickly and business competitiveness is improved at lower cost. IT vendor management allows you to build a mutually beneficial relationship with your suppliers and service providers. Find out how.

financial processes accounts receivable it  Coaching, Key Account Management, Financial Budgeting, Planning and Analysis, Corporate Strategy and Operations. Al is a graduate of New York University''s Stern School of Business, where he focused in Information Systems and International Business specializing in Japanese management. Al is a member of Licensing Executive Society (LES), Technology Advisory Council (TAC), Project Management Institute (PMI) and Technology Executives Networking Group (TENG) . On a community level, He is a School Board Member Read More