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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 value chain systematic approach

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

CRM for Financial and Insurance Markets

Customer relationship management (CRM) focuses on the retention of customers by collecting data from all customer interactions with a company from all access points (by phone, mail, or Web, or in the field). The company can then use this data for specific business purposes by taking a customer-centric rather than a product-centric approach. CRM applications are front-end tools designed to facilitate the capture, consolidation, analysis, and enterprise-wide dissemination of data from existing and potential customers. This process occurs throughout the marketing, sales, and service stages, with the objective of better understanding one’s customers and anticipating their interest in an enterprise’s products or services.  

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Documents related to » financial value chain systematic approach

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 value chain systematic approach  deal with unexpected challenges. Financial value chain automation gives companies a competitive advantage the best implementers have 45 percent lower finance department costs than the average company. World-class finance automation results in a 50 percent productivity improvement in accounts receivable and payable processing. Methodology BusinessWeek Research Services (BWRS) launched a research program in spring 2007 to determine the views of finance executives concerning the implementation of finance Read More

Supply Chain Decisions - Make Sure You Understand the Dollars and Sense


Companies make decisions about their supply chains every day. But do they really understand the impact of their decisions on the P&L, Balance Sheet, and key operational metrics? Do they have the tools to available to consider a broad set of possible options and their inherent trade-offs?

financial value chain systematic approach  scenarios that produce reliable financial outcomes and are based on real-life business constraints. This changes the decision-making from a purely gut-feel or experience-driven approach to a structured, standardize, unbiased and systematic approach. This approach can lead to scenarios not previously conceived of, for example options that are valuable but may be counterintuitive or politically unpopular. Cost modeling and optimization expands the value of the supply chain model from simply validating Read More

Supply Chain Decisions - Make Sure You Understand the Dollars and Sense Part Two: The Impact on Real Costs


High-level strategic decisions often have multiple, cascading cost impacts. The reaction of the costs to changes in the supply chain system is not predictable in a simple relationship that is based on current standard costs, because strategic changes often involve step changes in costs that alter the balance of fixed and variable costs.

financial value chain systematic approach  decisions on their company''s financial performance, no matter which function or manager is making those decisions. Start with a Pilot The initial investment for establishing this type of a systematic decision infrastructure does not have to be a board level decision. Choose a business challenge that has a significant impact on the supply chain that can be achieved in a short period of time. Prove the value with a pilot project, and then expand to solve other business problems. Summary Companies make Read More

Optimize Internal Supply Chain


The new reality for manufacturing CIOs is that budgets are far less than what they used to be and the ability to provide business intelligence to front line users in a simple and workable format is a new measure of information technology (IT) performance.

financial value chain systematic approach  1 and tier 2 financial systems. Cost Accounting Production/3 gives you the control and flexibility you need to manage costs throughout your supply chain. With powerful features that support multiple methods of costing, comprehensive analysis, flexible overhead allocation, and accurate accounting & reporting. The system enables you to model your business exactly as you need it. Accounts Receivable Accounts Receivable system allows the user to convert packing slips into invoices. The system uses the Read More

The (Underappreciated) Value of B2B Pricing Software


Conventional wisdom would suggest that pricing, as a key component of a business’s financial performance, is a critically important discipline within any enterprise, touching many departments, from sales and marketing to finance. And yet, does anyone know whether their company is making the best pricing decisions? TEC Principal Analyst P.J. Jakovljevic is encouraged by the growing awareness and adoption of pricing technologies among B2B enterprises.

financial value chain systematic approach  officer (CPO) or chief financial officer (CFO) Useful qualitative and quantitative pricing data Without evidence of clear business value clearly articulated by pricing software companies, some businesses may elect to improve their pricing processes through solutions obtained from their existing enterprise software providers, whose solutions are designed principally to address one or more functional areas other than pricing. These enterprise solutions may appeal to customers that wish to limit the number Read More

Integrating Actuals into Financial Plans


Integrating actuals into the planning cycle is usually a zoo. Financial and operating results are spread across multiple databases. Actual results and plan details are at different levels. Lack of underlying volumes and rates makes meaningful causal analysis difficult. Discover financial planning and analysis software that lets you fully integrate actuals, and plan using driver-based planning and reporting.

financial value chain systematic approach  Actuals into Financial Plans Integrating actuals into the planning cycle is usually a zoo. Financial and operating results are spread across multiple databases. Actual results and plan details are at different levels. Lack of underlying volumes and rates makes meaningful causal analysis difficult. Discover financial planning and analysis software that lets you fully integrate actuals, and plan using driver-based planning and reporting. Read More

Optimizing The Supply Chain Network And Reducing Distribution Costs - An Andersen Point Of View


The objective of supply chain logistics - to provide goods to the right place at the right time in the right quantity - is easy to understand, but achieving this objective while minimizing costs is not an easy task.

financial value chain systematic approach  The Supply Chain Network And Reducing Distribution Costs - An Andersen Point Of View Introduction    The objective of supply chain logistics - to provide goods to the right place at the right time in the right quantity - is easy to understand, but achieving this objective while minimizing costs is not an easy task. Each decision made at one level of the supply chain has an impact on another level. The goal of conducting a network analysis is to determine: From how many facilities, which ones Read More

Best-of-Class Financial Systems: an Alternative to ERP


In Best-of-class Financial Systems: An Alternative to ERP, find outhow a best-in-class financial system might deliver all the functionalityyou real...

financial value chain systematic approach  of-Class Financial Systems: an Alternative to ERP You can''t survive without a full-scale ERP system. That''s been the industry marketing hype for years, but does it apply to you? Yours may be one of many companies that can do well with a simpler, less expensive IT setup. In Best-of-class Financial Systems: An Alternative to ERP , find out how a best-in-class financial system might deliver all the functionality you really need-with all these advantages over ERP: less expensive less complex easily 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 value chain systematic approach  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

Software Selection: An Approach


Selecting package software can have long-term benefits or long-term regrets. To avoid the latter, your approach needs to be sound, logical, and prudent. It also has to be completed in your lifetime. Read about an approach to software selection that helps an organization get to the primary objective of identifying the best software solution quicker but with the necessary due diligence.

financial value chain systematic approach  reputation in the marketplace, financial background checks, and, if available, request of a demo CD. Critical to issuing the proposal, in addition to the actual RFP, is the establishment of key compliance dates, to include: Vendors'' conference, date specific Proposal submission, date specific Follow-up on-site demo, week of date Contract negotiations, month of date Hold Vendors'' Conference Key to this step is that the vendor''s conference be structured to ensure that all vendors receive the same Read More

EXE Latest Vendor to Join IBM Supply Chain Club


IBM and EXE Technologies today announced a global strategic relationship in which the two vendors will provide supply chain customers with integrated solutions that will help them transform into e-businesses. These solutions will be initially targeted to customers in the automotive, consumer packaged goods, electronics, retail and wholesale distribution industries. In addition, EXE and IBM announced that Pep Boys, a large automotive products retailer in the United States, and Metro Richelieu, one of Canada's largest grocers, are the first customers to take advantage of this relationship.

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Supply Chain Visibility Excellence: Fostering Security, Resiliency, and Efficiency


The increased complexity of global supply chains has led to longer lead time, more pipeline inventory, and the need to control downstream and upstream logistics. Growing supply chain complexity is a top business pressure, contributing to increased supply chain management costs. This report focuses on gaining visibility into critical elements across the end-to-end logistics network for improving cost and service.

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Spotfire Financial Analytics


Spotfire provides visual analytics software for the financial industry. Spotfire Financial Analytics gives users the ability to visually interact with their data, asking questions to reveal hidden patterns and biases. Users can easily change views, filters, and queries. Users can share sessions with colleagues or export them to applications like Word, Excel, PowerPoint, and Adobe Acrobat.  

financial value chain systematic approach  Financial Analytics Spotfire provides visual analytics software for the financial industry. Spotfire Financial Analytics gives users the ability to visually interact with their data, asking questions to reveal hidden patterns and biases. Users can easily change views, filters, and queries. Users can share sessions with colleagues or export them to applications like Word, Excel, PowerPoint, and Adobe Acrobat. Read More