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Software Functionality Revealed in Detail
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 grc financial processes increases

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

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

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Documents related to » grc financial processes increases

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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The Financial Close: Optimizing Performance and Driving Financial Excellence


“Financial close” is a company’s ability to complete accounting cycles and produce financial statements for internal management and external legal reporting—and is still a key part of today’s global finance function. Do you know how to overcome the barriers to a fast, high-quality close? Discover solutions that can help you improve your close times and address the challenges of automating and testing internal controls.

grc financial processes increases  testing, and remediation. Leading GRC management applications offer a comprehensive set of access controls that identify and control access and authorization risks in crossenterprise systems to prevent fraud and reduce the cost of continuous compliance and control. Close Process Monitoring and Scheduling Process automation and workflows within the consolidation application help reduce the amount of time spent on lower-value activities. However, as organizations become more complex and as compliance Read More

Why Should Enterprises Manage their Contracts Closely?


For companies handling many contracts, ensuring trading partners adhere to contract details is often too cumbersome to be executed without enabling technology. Contract lifecycle management (CLM) solutions enable companies to take control of their contracts in order to understand the requirements of trading partners and their ability to meet the contract parameters, and to reduce the organization’s risk to exposure.

grc financial processes increases  risk management, and compliance (GRC) requirements. Organizations must, on a daily basis, handle contracts that dictate from where revenue is coming in and expense payments are going out in order to accurately perform financial forecasting. Many ERP systems, particularly the lower-tier ones, may not be capable of matching these items to contract terms and prices (within different sections and clauses). The result is that companies could be paying more or getting less than what has been stipulated in the Read More

Product Note: Aras Innovator


Aras Innovator is the only enterprise open source solution available on the PLM market. This product note analyzes the strengths and challenges that the solution has and makes recommendations to both the vendor and potential users.

grc financial processes increases  governance, risk and compliance (GRC) protocol, and Motorola’s contribution of earned value management and integration with Microsoft Project. Another product strategy worth mentioning is Aras’ tight connection with Microsoft. Aras Innovator is a fully Microsoft-based product (the solution is developed on the Microsoft .NET platform and runs on Windows Server and Microsoft SQL Server). Aras also vigorously participates in building a tight relationship with Microsoft through certifications and other Read More

The Challenges of Defining and Managing Governance, Risk Management, and Compliance


A broader, more structured approach is needed to effectively manage governance, risk management, and compliance (GRC). Enterprises will then be better able to guide their people, standardize their processes, and unify technology to embed GRC at all organizational levels.

grc financial processes increases  a comprehensive and cohesive GRC strategy, companies are deprived of a means to effectively navigate today''s highly regulated (and ever-changing) business environments, as well as of a critical driver of revenue and competitive advantage. Therefore, a multiplicity of government regulations, growing pressure from financial markets, and increasing demands from stakeholders have renewed the focus on GRC. Some forward-thinking organizations no longer see GRC as discrete, project-based activities managed as Read More

Serenic Navigator: Financial Packages Competitor Analysis Report


This financial software knowledge base anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and receivable, reporting, and other bookkeeping requirements. This knowledge base in particular, offers a view on enterprise financial packages, which can complement an existing ERP system.

grc financial processes increases  Navigator: Financial Packages Competitor Analysis Report This financial software knowledge base anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and receivable, reporting, and other bookkeeping requirements. This knowledge base in particular, offers a view on enterprise financial packages, which can complement an existing ERP system. 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.

grc financial processes increases  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® Read More

The 2011 Buyer's Guide to Accounting and Financial Software


Too often, finance professionals must contend with outdated financial and accounting systems that present spiraling overhead costs, functional limitations, and unnecessary risks. And that makes it challenging for them to respond to complex business issues such as frequent regulatory change and increased compliance challenges--as well as requirements for visibility across multiple entities, currencies, and tax and regulatory frameworks. Download this buyer guide for a comprehensive overview of how cloud computing can help, including a handy chart comparing software delivery models and vital tips for evaluating cloud solutions for finance and accounting.

grc financial processes increases  2011 Buyer''s Guide to Accounting and Financial Software Too often, finance professionals must contend with outdated financial and accounting systems that present spiraling overhead costs, functional limitations, and unnecessary risks. And that makes it challenging for them to respond to complex business issues such as frequent regulatory change and increased compliance challenges--as well as requirements for visibility across multiple entities, currencies, and tax and regulatory frameworks. Download Read More

Managing Your Business Processes to Create Competitive Advantage


Any company efficiency improvements are going to involve business process management (BPM). BPM ensures process consistency, optimizes business processes, and ensures compliance. The result is not only cuts in cost and time, but it adds a price value and creates a price advantage which helps companies enhance their competitive edge.

grc financial processes increases   Read More

A Pocket Guide for Financial Services


You've made the effort and created a great brand—but how do you ensure it stays intact as you diversify across multiple marketing channels, and product and service lines? Combining Web operations into an integrated marketing tool for acquisition, retention, and cross-sell can provide your company with many benefits. Learn how with 7 tips for centralizing your Web management strategy with a content management system (CMS).

grc financial processes increases  Pocket Guide for Financial Services You''ve made the effort and created a great brand—but how do you ensure it stays intact as you diversify across multiple marketing channels, and product and service lines? Combining Web operations into an integrated marketing tool for acquisition, retention, and cross-sell can provide your company with many benefits. Learn how with 7 tips for centralizing your Web management strategy with a content management system (CMS). Read More

GMS Accounting and Financial Management System


The GMS Accounting and Financial Management/Reporting System integrates all accounting activity into an entity-wide system. The GMS Accounting system is not sold as separate modules, but rather as a package containing all the necessary functions to run your not-for-profit on a daily basis. Our underlying system design is entity-wide, providing you an integrated accounting system that performs all accounting activities. Systems are available in a 1–2 user version, a 3–4 user version, and a 5-or-more user version, either in Access or SQL Server applications. GMS has add-on software that can be purchased in addition to the basic package, including accounts receivable (AR), purchase orders (POs), direct deposit, fixed assets, and report writer. GMS also has a myriad of additional supplements to enhance your reporting features and that fit specific applications within your agency. GMS is designed to handle activity accounting. It is not a fund accounting system, but a grant and contract accounting system created and written specifically to account for grants, contracts, and activities. Key features include compliance with Financial Accounting Standards Board (FASB) 116 and 117 (requirements that all not-for-profit organizations follow); accounting, reporting, and budget monitoring for multiple grants and contracts, even if they have differing funding periods; multiple ways to handle important cost allocation issues for common costs, general and administrative costs, indirect costs, fringe benefits, leave costs, and various specialized cost pools; and a variety of ways to comply with all major Office of Management and Budget (OMB) Circulars. Our clients are exclusively not-for-profit and public organizations. They range in size from two to more than 1,000 employees.      

grc financial processes increases  Accounting and Financial Management System The GMS Accounting and Financial Management/Reporting System integrates all accounting activity into an entity-wide system. The GMS Accounting system is not sold as separate modules, but rather as a package containing all the necessary functions to run your not-for-profit on a daily basis. Our underlying system design is entity-wide, providing you an integrated accounting system that performs all accounting activities. Systems are available in a 1–2 user Read More

Financial Times Insight: Business Growth


Even in tough economic times, innovative small-to-midsized companies can still find opportunities for growth. Technology and business software solutions like enterprise resource planning (ERP), supply chain management (SCM), customer relationship management (CRM), product lifecycle management (PLM), and supplier relationship management (SRM) can help your company ride out the global economic downturn. Find out how.

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QAD Enterprise Applications: Financial Packages Competitor Analysis Report


This financial software knowledge base anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and receivable, reporting, and other bookkeeping requirements. This knowledge base in particular, offers a view on enterprise financial packages, which can complement an existing ERP system.

grc financial processes increases  Enterprise Applications: Financial Packages Competitor Analysis Report This financial software knowledge base anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and receivable, reporting, and other bookkeeping requirements. This knowledge base in particular, offers a view on enterprise financial packages, which can complement an existing ERP system. Read More

TEC 2012 Financial Software Packages for Medium and Large Enterprises Buyer's Guide


Accounting and financial management is one of the most mature enterprise software markets, but that doesn’t mean it’s stopped evolving. TEC analyst Aleksey Osintsev walks you through the latest developments in financials and accounting solutions and looks at how trends like cloud computing, mobility, and social media are reshaping the industry. The guide also includes feature lists, vendor comparison charts, thought leadership from industry experts, and real-world case studies.

grc financial processes increases  2012 Financial Software Packages for Medium and Large Enterprises Buyer''s Guide Accounting and financial management is one of the most mature enterprise software markets, but that doesn’t mean it’s stopped evolving. TEC analyst Aleksey Osintsev walks you through the latest developments in financials and accounting solutions and looks at how trends like cloud computing, mobility, and social media are reshaping the industry. The guide also includes feature lists, vendor comparison charts, thought Read More