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Software Functionality Revealed in Detail
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 it financial processes to extend

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 financial processes to extend

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.

it financial processes to extend  to Build GRC | IT Financial Processes | IT Looking for Financial Processes | IT Speeds Financial Process | IT Financial Process Automation | IT Financial Processes Increases | IT Improving Your Financial Processes | IT Audit of Key Financial Processes | IT Explore Financial Practices and Processes | IT Managing Financial Processes | IT Financial Management Solutions | IT Benchmarking Improving Major Financial Processes | IT Consolidated and Efficient Finance Processes | IT Webcast Financial Process Read More

Microsoft to Add "Encore" Functionality to MBS Great Plains 8.0 Part One: Event Summary


By adding nonprofit and public sector accounting capabilities to the forthcoming MBS Great Plains 8.0 release via acquiring a former independent software vendor (ISV) partner Encore Business Solutions, Microsoft Business Solutions (MBS) may find a way to counteract its archrival Best Software's superiority in the target market.

it financial processes to extend  Plains, which should make it an attractive opportunity to enhance existing horizontal financial management applications. The announcement follows closely on MBS''s recent provision of details on its strategy to enable independent software vendors (ISV) to build additional industry-specific solutions by focusing on providing an extended platform and applications. MBS believes that enhancing the core horizontal functionality in MBS Great Plains 8.0 by offering an industry-enabling layer for organizations in Read More

Financial Reporting, Planning, and Budgeting As Necessary Pieces of EPM Part Two: Challenges and User Recommendations


Although CPM (aka EPM) starts with strong financial management, it will eventually extend beyond financial planning to almost all areas of corporate activity. Therefore, organizations choosing BI suites should consider both their financial management tools and future integration with key business-area solutions (for example, PLM, CRM, and SCM).

it financial processes to extend  with strong financial management, it will eventually extend beyond financial planning to almost all areas of corporate activity. Therefore, organizations choosing BI suites should consider both their financial management tools and future integration with key business-area solutions (e.g., PLM, CRM, SCM, etc.). Enterprises should conduct business analysis in a single analytic environment, using data from many sources, rather than to regard reporting, planning, budgeting, and profit analysis as separate Read More

Working Together More Efficiently: Mapping Out the Company’s Business Processes


Enterprises must collaborate or they will surely stagnate. Guarded proprietary information has given way to collaborative approaches where information is shared both inside and outside the enterprise’s walls. To survive, an enterprise must be flexible enough to collaborate externally with suppliers and partners while fostering the same environment with its employers.

it financial processes to extend  is as powerful as it is multi-faceted, providing you with the instruments necessary for the consolidation and analysis of financial information, and comparisons of budgets and analysis against actuals. Every financial transaction within the organization is recorded in an extended ERP solution''s central database and is directly available for online reporting and analyses. The standard interface is the organizational chart. Here the user can specify which performance indicators should be shown and at what Read More

Delivering the Business Value of Automating Business Processes to Small and Medium Enterprise


Enterprises of all sizes today face common problems dealing with handling increasing business complexity while reducing costs. The solution continues to be the automation of business processes. SAP is an established leader in addressing the needs of large enterprises. Building on that performance and identified best practices, SAP built and launched SAP Business One. SAP Business One was designed to offer small and medium businesses the same business streamlining and efficiencies at a scale and scope appropriate to their needs. IDC recently interviewed a number of companies that have successfully deployed SAP Business One. The purpose of our interviews was to determine what impact the software had on their productivity and cost reduction.

it financial processes to extend  Federal''s financial team that it would support their current and future accounting and financial systems'' needs. The ability of SAP to offer a solution that fit both our needs and our budget was a pleasant surprise. The SMB offering - SAP Business One - was affordable. Taylor was impressed that the installation only took 4 to 6 weeks, adding that it was very smooth, surprisingly quick, and our questions were easily answered. American Express (NextiraOne Federal''s system integrator) brainstormed with Read More

PROACTIS Source-to-contract and Purchase-to-pay Solutions Ruling the UK Public Sector


PROACTIS now helps more than 120 public sector organizations managing £15 billion of public sector spend in the UK and over 100,000 suppliers to streamline their source-to-contract and purchase-to-pay processes to achieve better value and control. The most recent win was at the Flintshire Council,  and now 20 out of 22 local authorities in Wales use PROACTIS.  Also recently, Newham

it financial processes to extend  out of 22 local authorities in Wales use PROACTIS.  Also recently, Newham Council chose PROACTIS Purchase-to-Pay, and that selection reportedly went through a tight Official Journal of the European Union (OJEU) process (the tendering process required by European Commission directives for public sector procurement where the value exceeds an annually updated threshold).  My understanding is that one of the large European-based providers with origins in accounts payable (A/P) automation, a major consultanc Read More

Do You Want Your App to Talk Back to You (as a Chatterbox)? - Part 2


In Part 1 of this blog series I admitted to being a late adopter of a sort, in part for not immediately jumping onto the social media bandwagon. In particular, my initial reaction to Salesforce Chatter (a.k.a. Collaboration Cloud) was tepid. To be frank, Marc Benioff, salesforce.com’s flamboyant and engaging CEO, gave an atypically incoherent and dry keynote speech when he

it financial processes to extend  platforms are becoming the IT model of today with the following characteristics:  multi-tenant  architecture, used in a  pay-as-you-go (PAYG)  manner, with elastic (as required) capacity, and in a real-time fashion. This contrasts sharply to the  mainframe computers  in the 1960s and  client-server  applications in the 1980/90s, which were rigid in all of the above aspects. But in addition to applications and platforms moving to the cloud, there has been the trend of  collaboration  moving to Read More

Informix to Acquire Ardent Software-Another Vendor's Attempt at End-to-End Data Warehousing


Informix« (NASDAQ: IFMX) and Ardent Software (NASDAQ: ARDT) today announced that they have reached a definitive agreement to combine their operations in a transaction valued, on a fully diluted basis, at approximately $880 million, based on the closing price of Informix common stock on November 30, 1999. The combination creates a $1 billion company in open software infrastructure for what Informix refers to as the "i.Economy". Ardent's components and solutions will continue to be marketed independent of the underlying database technology.

it financial processes to extend  is so compelling because it creates the market leader for the business intelligence infrastructure that makes this integration possible. This transaction also represents a significant step in Informix''s transformation to a provider of open, database-independent solutions. Ardent''s components and solutions will continue to be marketed independently of the underlying database technology. This is a clear demonstration of our commitment to be the leader in the open software infrastructure for the Read More

Financial Packages


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

it financial processes to extend  Packages Financial packages encompass modules for bookkeeping and making sure that accounts are paid or received on time. Read More

Quote-to-order: One Big, Lean Machine Adds High Tech to Its Mix


BigMachines differentiates itself in the quote-to-order (Q2O) sphere due to its solutions’ lean end-to-end, inquiry-to-order focus. Although there are other vendors offering Q2O as a service, BigMachines product is arguably more flexible, as high tech manufacturers may be noting.

it financial processes to extend  management (DOM) through fulfillment. It is needless to say that these two high-profile companies have no viability issues like their startup SaaS peers do. Therefore, BigMachines has to continue with its increased investment in development and innovation in terms of fast implementation and maintenance; performance, speed, and security improvements; more Web services to drive easy integration, leveraging the latest Web 2.0 technologies; customer-driven functionality enhancements; and complimentary new Read More

Do You Want Your App to Talk Back to You (as a Chatterbox)? - Part 3


In Part 1 of this blog series I admitted to being a late adopter of a sort, in part for not immediately jumping onto the social media bandwagon. In particular, my initial reaction to Salesforce Chatter (a.k.a. Collaboration Cloud) was tepid when it was introduced at the Dreamforce 2009 conference. However, a few months have passed and this period has helped salesforce.com craft the much clearer

it financial processes to extend  Cloud)  was tepid  when it was introduced at the Dreamforce 2009 conference . However, a few months have passed and this period has helped salesforce.com craft the much clearer cloud computing evolution message that was analyzed in Part 2 . The article then also went on to explain my change of heart and discussed Salesforce Chatter’s current state of affairs (in terms of the current number of beta users and third-party solutions). Salesforce Chatter became generally available (GA) as of June 22, 201 Read More

Too Hard to Adopt PLM? Find Ways to Make It Easier


Product lifecycle management (PLM) systems are too complicated, too expensive, and take too long to implement. That’s what I said last month in a blog post. However, more and more companies find that adopting PLM is an unavoidable route to take regardless how many obstacles ahead. Can companies find ways to adopt PLM more easily and faster? After listening to Lectra’s introduction to its Easy

it financial processes to extend  Find Ways to Make It Easier Product lifecycle management (PLM) systems are too complicated, too expensive, and take too long to implement. That’s what I said last month in a blog post . However, more and more companies find that adopting PLM is an unavoidable route to take regardless how many obstacles ahead. Can companies find ways to adopt PLM more easily and faster? After listening to Lectra ’s introduction to its Easy Start PLM implementation approach, I think I’ve found some answers. Late last Read More

Epicor HCM Express Allows Companies to Go From Bare Bones to Full Functionality


Epicor HCM Express is an interesting option for small businesses that are taking their first steps toward adopting a human resources information system (HRIS). TEC Research Analyst Raluca Druta shows you how the Epicor product allows companies to go from bare bones to full HR functionality.

it financial processes to extend  available via Web-based access. It is meant to be the entry point into a human resources information system (HRIS). The application is actually a reduced and very simplified version of Epicor HCM, for the purpose of facilitating user and hence organization adoption. It has also been designed for rapid implementation, and is focused on core HR capabilities. The solution can be a strong foundation for future HR systems, allowing users to add more functionality as their HR needs change. HCM Express is Read More

How to Improve Business Results through Secure Single Sign-on to SAP


On top of the many challenges faced by IT managers today comes yet another challenge: ensuring efficient and secure user access to SAP. Because of the unencrypted communication between users’ workstations and the backend servers, the SAP environment—and the confidential data it stores—become vulnerable. With a secure single sign-on solution to SAP, however, you can significantly improve the security of this environment.

it financial processes to extend  many challenges faced by IT managers today comes yet another challenge: ensuring efficient and secure user access to SAP. Because of the unencrypted communication between users’ workstations and the backend servers, the SAP environment—and the confidential data it stores—become vulnerable. With a secure single sign-on solution to SAP, however, you can significantly improve the security of this environment. Read More

How to Use Technology to Redefine Today’s Economy


Daniel Burrus examines how using technology can not only help organizations lower costs and become more efficient, but also redefine today’s economy. Learn the ways you can redefine your business and stay profitable.

it financial processes to extend  you can also use it to redefine the marketplace as well as your products and services. In this case, technology becomes a tool of creation. You can create new products, new services, and entire new markets, which then creates new jobs and careers. Why is this important? Currently the United States (US) is digging out of the worst recession since the 1930s, and the global economy is suffering its worst setback in decades. The key to recovering is all about jobs and how to create them. You don’t create Read More