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Software Functionality Revealed in Detail
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 financial processes applications grc

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.

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Financial Packages

Financial packages encompass modules for bookkeeping and making sure that accounts are paid or received on time.  

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Documents related to » financial processes applications grc

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.

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Governance, Risk, and Compliance Management


Governance, risk, and compliance (GRC) issues are hot topics today, thanks to high-profile stories about companies that failed to meet regulatory requirements. In each case, executives were held accountable, stock prices dropped, and brand image suffered. Find out about cross-enterprise GRC solutions that can make it easier to monitor compliance and risk effectively, and adjust to changing regulatory mandates.

financial processes applications grc  share price. Errors in financial results are often the result of manual processes and calculations performed in a compressed time frame across multiple locations and groups and a wide variety of enterprise applications. All of these variables create an environment in which it is easy to make simple calculation and data-entry mistakes. These mistakes can easily add up to material problems that require rework or in the worst case, a financial restatement. A true cross-enterprise GRC solution automates Read More

Enterprise Performance Management: Financial Excellence and Beyond


Financial performance management—often categorized as one aspect of enterprise performance management—can help chief financial officers (CFOs) maximize their companies’ profitability, protect against non-compliance, and optimize efficiency by ensuring delivery of information when it is needed, in context. Learn more about a solution that can help you adapt to rapid business change and predict future financial performance.

financial processes applications grc  focused specifically on the financial management processes of a company. All areas of an organization need to define strategies and plans, set budgets, analyze performance, and generate financial and performance related reports. These and other financially relevant activities must then be rolled up into a larger corporate overview. At SAP, we view enterprise performance management as the entire scope of performance management in all areas, from HR and marketing to manufacturing and distribution (see Read More

Governance, Risk, and Compliance for Life Sciences Companies: Institutionalize Compliance to Reduce Costs and Increase Productivity


Issues of governance, risk, and compliance (GRC) affect nearly everything life sciences companies do. But you shouldn’t approach GRC in an ad hoc manner—implementing point solutions one after another in response to regulatory demands as they arise. This is inefficient and costly—and may result in non-compliance, due to lack of transparency. Learn how an enterprise-wide GRC approach to compliance management can help.

financial processes applications grc  heightens your compliance with financial reporting, data privacy, and current Good Manufacturing Practice (cGMP) mandates. With the software, you can identify and remediate potential risks, such as conflicting authorizations within a single user''s access profile; pinpoint actual risks, such as business functions that violate SOD mandates; and embed preventive controls in business processes to help you reduce the time, risk, and cost associated with compliance. The SAP GRC Process Control application Read More

Workday Becoming a Global Financial Management Software Provider


In a slew of announcements at the recently held Workday Rising 2012 user conference, one major theme has been that Workday, the cloud software company that initially started with providing human resource management system (HRMS) and which later added payroll software, now has 40 financial management customers as well (10 percent of its customer base). Most recently, the roster of Workday Financial

financial processes applications grc  other words, Workday combines financial and workforce measures enabling project scenario planning so organizations can efficiently model the right resources for the right work. Industry-specific functionality for education and government, including grants management and fund accounting—driving reporting and compliance. Grants Management and fund accounting for education and government organizations deliver visibility into grant activity, improved compliance with grantor reporting requirements, and Read More

Why Are You Afraid of (Re) Defining Business Processes?


We all are—except consultants who praise the importance of business processes, but sometimes don’t practice what they preach. Business processes can be simply good or bad habits that people follow mostly because it’s what they’ve always done rather than it being a way to work more efficiently. There are a few very good reasons that make people afraid of changing the way they do their

financial processes applications grc  Are You Afraid of (Re) Defining Business Processes? We all are—except consultants who praise the importance of business processes, but sometimes don’t practice what they preach. Business processes can be simply good or bad habits that people follow mostly because it’s what they’ve always done rather than it being a way to work more efficiently. There are a few very good reasons that make people afraid of changing the way they do their business processes. Let’s take a look at some of them: Read More

Finnish Electricity Distributor Selects IFS Applications


Caruna, the largest distributor of electricity in Finland, recently selected IFS Applications as its central enterprise resource planning (ERP) software. The win is yet another testament to IFS’ strong competitiveness in the energy and utilities sector.

financial processes applications grc  cover software licenses for financials, purchasing, invoicing, business intelligence (BI), budgeting, and human resources (HR), as well as accompanying professional services. This win is yet another testament to IFS’ strong competitiveness in the energy and utilities sector. Read More

IFS Applications (version 7.5) for ERP for the Mining Industry Certification Report


IFS Applications (version 7.5) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for the mining industry 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 commentary.

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Nimble Enterprise Applications Vendor Faces Stiff Challenges in A Competitive Environment


Despite intensifying competition in the enterprise applications market, IFS likes its chances. IFS has released the seventh generation of its component-based applications, while competitors are still on their first, or second at best. Nevertheless, IFS has a tough road ahead.

financial processes applications grc  to achieve profitable growth, financial strength, access to capital, and operational excellence—and to maintain consistent profitability and positive cash flow as a result) to increase the focus on adding value primarily to existing customers (by instituting redefined product management and development priorities; by focusing on enriching the software ownership experience rather than the software buying experience; and by continuing with vertical and niche product enhancements, with a focus on quality Read More

Continuous Testing of Production Web Applications


Is your information security system staying on top of the 400 new threats that appear monthly? Securing your Web applications is not a one-time event, but a continuous process of testing and re-testing for new vulnerabilities, especially when vital data is in development or production. Learn how a Web application security optimization process can help you perform effective continuous assessments of your system.

financial processes applications grc   Read More

Winning on the WAN: How to Validate Network Applications Before You Deploy


Making sure that your applications run properly over private and public wide area networks (WANs) is particularly challenging for applications that are sensitive to network conditions. The only way to have confidence that a given application will operate with acceptable performance once it is deployed is to test it under expected (and maybe unexpected) production network conditions—prior to deployment.

financial processes applications grc   Read More

Chartis RiskTech Quadrant for Enterprise GRC Solutions 2014


The RiskTech Quadrant is the vendor landscape for enterprise governance, risk, and compliance (GRC) technology solutions. More than 20 governance, risk, and compliance vendors have been evaluated, regarding their completeness of offering and market potential. This Chartis research paper covers the Chartis RiskTech Quadrant® for Enterprise GRC Solutions; IBM Enterprise GRC Solutions analytics capabilities and market position; and the RiskTech Quadrant® methodology.

financial processes applications grc  risk management, enterprise risk management, risk management, governance, risk, and compliance, GRC requirements, GRC, corporate GRC, enterprise GRC, IBM OpenPages GRC Platform, enterprise GRC software, Chartis RiskTech Quadrant, risk management solutions Read More

IFS Applications (version 8.0) for Discrete Manufacturing ERP Certification Report


IFS Applications (v. 8.0) is TEC Certified for online evaluation of discrete 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 commentary.

financial processes applications grc  IFS Applications,IFS Applications v.8.0,discrete ERP software,discrete ERP solution,ERP for discrete manufacturing software,IFS discrete ERP software,IFS Read More

Driving Factors in The Enterprise Applications Market


The enterprise applications market is converging resulting with fewer providers; however, there are still the same number of competing systems. What are the factors that are driving the market and what are the emerging trends?

financial processes applications grc  as to the International Financial Reporting Standard (IFRS) or the US Sarbanes-Oxley Act (see Joining the Sarbanes-Oxley Bandwagon; Meeting the Needs of Small and Medium Businesses ). These market trends indicate a mature market, albeit one that is in transformation, forcing both vendors and their partners to focus their development on tailored industry solutions with built-in business logic for over the last decade. Many suppliers have also taken the step from using a single platform and their own Read More