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Software Functionality Revealed in Detail
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 it benchmarking improving major financial processes

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 » it benchmarking improving major financial processes

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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Perfect Orders: Improving Customer Satisfaction and Financial Results


Manufacturers and distributors must keep two groups satisfied—customers and owners. They are connected—what improves the satisfaction of one group can impact the satisfaction of the other. Only through measuring the satisfaction of both groups can these sometime conflicting groups be balanced. Owners watch earnings and return on investment. One way to measure customer satisfaction is with the perfect order index.

it benchmarking improving major financial processes  $200. The company found it was incurring such unnecessary costs as the cost of redelivery when orders were late, replacement costs if shipments were damaged, and processing costs for quantity adjustments, as well as price and allowance deductions. How are shareholder value and the perfect order connected? Benchmarking studies conducted by AMR Research show a correlation between improved perfect order performance (using an index similar to the one defined above) and overall corporate results. The research Read More

Benchmarking ERP in SMB


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it benchmarking improving major financial processes  logistics/ supply chain (4%), IT (40%), sales & marketing (6%), finance (19%) and others. Job titles included managers (27%), directors (6%), C-level & VP (31%), CIO/IT Leaders (21%) Industry: The research sample included respondents predominantly from manufacturing industries: Industrial machinery manufacturers (30%), metals and metal products (115%), automotive (19%), High Tech (18%), CPG/Food & Beverage (12%) and aerospace and defense (11%) manufacturers, medical devices (11%). Other sectors 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.

it benchmarking improving major financial processes  Engineering group: Investments in IT solutions that automate and standardize critical finance processes not only help decrease costs and cycle times but pay additional dividends in the form of strengthened compliance and improved financial returns. Moreover, these benefits are being realized up and down the financial value chain (FVC) , beyond core accounting and reporting, to encompass broader financial management processes such payables processing and cash management. From closing the books to Read More

4 Steps to a Best-run Business


To promote fast growth, small businesses often sacrifice process control for creativity. But sooner or later, unstructured creativity compounded by fast growth leads to the inability to make fact-based business decisions. Learn about four steps to developing a business strategy that can help you run your business more effectively by applying better control over your cost structure, minimizing risk, and anticipating change.

it benchmarking improving major financial processes  the software with minimal IT costs. SAP Business ByDesign automates business processes in a variety of areas across your business. Some of the areas and processes covered are listed in the table below. Automated Business Processes Finance HR Sales and Marketing Customer Relationships Manufacturing Supply Chain Services Supply Chain General ledger Fixed assets Inventory Management accounting Consolidation Payables/ receivables Payment and liquidity management Tax management and compliance Expense Read More

Oracle Financial Analytics


Oracle Financial Analytics helps front-line managers improve financial performance with complete, up-to-the-minute information on their departments' expenses and revenue contributions.  

it benchmarking improving major financial processes  managers improve financial performance with complete, up-to-the-minute information on their departments'' expenses and revenue contributions. Read More

Financial Excellence: Setting the Foundation for Business Success


To effectively track and forecast your company’s financial performance, you need up-to-date and reliable financial data. As your business grows and diversifies, you need to maintain liquidity and manage cash flow and profits. Integration of your business transactions and operational data with financial data makes this possible, and helps you eliminate departmental silos and streamline your business operations.

it benchmarking improving major financial processes  you need to maintain liquidity and manage cash flow and profits. Integration of your business transactions and operational data with financial data makes this possible, and helps you eliminate departmental silos and streamline your business operations. 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.

it benchmarking improving major financial processes  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. Read More

Best Practices and Processes for Improving the Business Value of IT


Understanding, measuring, and managing against return on investment of a company’s IT investment (ROIT) enables IT leaders to quantitatively frame their contribution to the business and justify initiatives they seek to undertake. Read about concrete practices, processes, and recommendations to drive ROIT investment via key areas for improvement, the value of improvement, and guidelines for evaluating potential projects.

it benchmarking improving major financial processes  the Business Value of IT Understanding, measuring, and managing against return on investment of a company’s IT investment (ROIT) enables IT leaders to quantitatively frame their contribution to the business and justify initiatives they seek to undertake. Read about concrete practices, processes, and recommendations to drive ROIT investment via key areas for improvement, the value of improvement, and guidelines for evaluating potential projects. Read More

MSP Guide: Generating Service Revenue from IT Monitoring


Managed service providers (MSPs) can monetize their investment in monitoring to enhance their services and increase profitability.

This document suggests ideas for adding IT monitoring services to a portfolio of offerings. It looks at monitoring all aspects of IT infrastructure, including servers, storage, network, security, and applications, in a unified manner that aligns with customer business services.

This document also posits the idea that using a next-generation integrated monitoring platform designed for MSPs can allow companies to reduce costs, increase operational efficiency, and generate incremental revenue with expanded service offerings.

it benchmarking improving major financial processes  Generating Service Revenue from IT Monitoring Managed service providers (MSPs) can monetize their investment in monitoring to enhance their services and increase profitability. This document suggests ideas for adding IT monitoring services to a portfolio of offerings. It looks at monitoring all aspects of IT infrastructure, including servers, storage, network, security, and applications, in a unified manner that aligns with customer business services. This document also posits the idea that using a Read More

The Sales Benchmarking Primer


Sales benchmarking is a diagnostic discipline that objectively identifies opportunities for sales-related performance improvement and enables best-practice solutions. This Sales Benchmarking Primer includes two important chapters from the best-selling book Making the Number—and provides a process-based framework for marketing and sales that can help your company survive and prosper in an unstable economy.

it benchmarking improving major financial processes  discipline that objectively identifies opportunities for sales-related performance improvement and enables best-practice solutions. This Sales Benchmarking Primer includes two important chapters from the best-selling book Making the Number—and provides a process-based framework for marketing and sales that can help your company survive and prosper in an unstable economy. Read More

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it benchmarking improving major financial processes  Services: Outsourcing, IT Infrastructure Competitor Analysis Report The IT Infrastructure Outsourcing knowledge base focuses on the selection of companies who provide outsource services in the areas of information technology (IT) infrastructure. The typical types of activities that these providers perform include data center operations; network operations; backup/recovery services, data storage management services; system administration services; end user support of desktop PCs, laptops, and handheld Read More

Microsoft Dynamics NAV with Drink-IT from NORRIQ Forms the IT Basis for Carlsberg’s Asian Expansion




it benchmarking improving major financial processes  from NORRIQ Forms the IT Basis for Carlsberg’s Asian Expansion Read More

Acumatica Financial Management Suite


The Acumatica Financial Suite includes a core set of applications that almost every organization uses, including general ledger, cash management, accounts receivable, accounts payable, tax management, and other functionality. Acumatica financials are designed for companies with complex requirements, but are easy to use in smaller organizations. The modules in the Financial Suite are integrated with each other and also with the other Acumatica suites.    

it benchmarking improving major financial processes  Financial Management Suite The Acumatica Financial Suite includes a core set of applications that almost every organization uses, including general ledger, cash management, accounts receivable, accounts payable, tax management, and other functionality. Acumatica financials are designed for companies with complex requirements, but are easy to use in smaller organizations. The modules in the Financial Suite are integrated with each other and also with the other Acumatica suites. Read More