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Software Functionality Revealed in Detail
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 long term investment decision

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

ERP for the Oil and Gas Industry (Upstream)

The model of ERP systems for the upstream oil and gas sector addresses the particularly specialized business model of this industry. It is common practice for companies, individuals, and government agencies to form partnerships to explore, develop, and share production of oil wells. More often than not, this is a short-term alliance rather than a long-term partnership, and business structuring must therefore be flexible at initial set-up and throughout the lifespan of the venture. This model of ERP systems includes criteria for financials, human resources, production data capture and reporting, maintenance management, and supply chain management (SCM) functionality. 

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Build versus Buy - A Long Term Decision


With the software industry offering greater options and depth of function , we do not hear the idea of a company building their own software very often, but the option is still discussed and is valid in some situations. When it is discussed, the enterprise often fails in fully evaluating the entire array of plus and minus points.

long term investment decision  versus Buy - A Long Term Decision Problem Definition Rarely does an enterprise look at developing all their own software, more typically the development decision centers on a specific area, for example customer order management or promotions. These projects are actually two projects in one. The functionality required plus the integration to other software has to be built and maintained. The build versus buy decision is typically seen as a two different options. In reality, a third option exists; modify a Read More

The Need for Investment in Enterprise Innovation: Part Two


Sopheon – Where Innovation Means Business (and Vice Versa) Last week I talked about enterprise innovation management (EIM)/innovation performance management (IPM) in a blog post about how wise decisions regarding innovation investments can make a huge difference to a company’s success down the line. There are many practices and technologies that come together to improve the success of product

long term investment decision  larger releases separated by long intervals of time. Sopheon Accolade Solutions Release 8.0 in early 2012 was the public release of the new Accolade platform with major functionality updates. Release 8.2 in early 2013 brought Accolade Portfolio Center (APC) to market as a deeper/broader product, along with Accolade Innovation Planner (AIP) (see Figure 2), Accolade Idea Lab (AIL) , and Accolade Process Manager (APM) . With the release of APC and AIP, Sopheon feels confident about catering to all of the Read More

The Need for Investment in Enterprise Innovation: Part One


Manufacturers throughout the world are scrambling to respond to ever-changing economic conditions, increasing (or at least fluctuating) material costs, and price-sensitive markets. Success depends upon agility, in particular a capacity to make fast and informed adjustments to strategic plans and continually reorder operational priorities to align with external factors and changes. Innovation is

long term investment decision  the key tenet of long-term business viability. It is difficult to refute General Electric CEO Jeffrey Immelt’s observation a decade or so ago that “innovation is necessary to avoid commodity hell.” Innovation Hurdles But opportunities that stem from innovation do not come without risk, and when striving for innovation success, executives are often betting the entire future of their organizations on the outcomes of decisions about where to invest limited resources. Poor decisions regarding Read More

IT Investment Decision Making: Getting to "Yes"


Many technology sales cycles get bogged down in the IT department. But while it is unlikely that a sale will get anywhere without IT management buy-in, IT approval is no guarantee of success. Getting a “yes” requires accessing and influencing other decision-makers, especially in the finance department. And along the way, there are plenty of others who can say “no.”

long term investment decision  Informed Investment Decision , Long Term Investment Decision , Make Better Investment Decisions , Make Informed Investment Decisions , Make Investment Decision , Moving Investment Decisions , Optimal Investment Decision , Own Investment Decisions , Optimum Investment Decision , Personal Investment Decisions , Project Investment Decisions . Many technology sales cycles get bogged down in the IT department. Whilst it is unlikely that a sale will get anywhere without buy in from IT management, their Read More

The Return on Investment of IP Telephony Management


Managing a newly deployed voice over Internet protocol (VoIP) integration project is not as easy as some IT managers believe it to be. Delivering voice traffic over the IP network is time-consuming, and requires the right tools and a proper budget. To fully understand the costs associated with IP telephony implementation, businesses must first conduct a thorough evaluation of their management options—prior to deployment.

long term investment decision  for large rollouts or long-term engagements. Actual dollar-spend on IP telephony management in displayed in Table 2: IP Telephony Management Budgets, Page 4. Costs can range from $25,000 for small companies, to $50,000 for midsize companies, to several hundred thousand dollars for large companies and as much as $2 million for global enterprises. It’s imperative to get this line item into the request for proposal right away—and to use these tools during the configuration and implementation. As our Read More

HR Analytics: Driving Return on Human Capital Investment


Organizations may be supported by workforce analytics to drive return on human capital investment today and into the future and to see the value the workforce delivers to organizational performance. This paper will introduces a human resources (HR) analytics offering and show how the increased power of having metrics and analytic insight can align core HR business processes with organizational goals and strategies.By downloading this document, you agree to provide contact information and other data to select sponsors of this content.

long term investment decision  return on human capital investment,HR analytics,human resources analytics,HR metrics,human capital ROI,Oracle HR analytics Read More

Managing Risks, Managing Measures: Decision Support Methodologies in Business Part 1: Guidelines


Poor measurement methods can take off millions or more from bottom lines, and contribute at least in part to project failures, corporate inefficiencies and poor technology selections. Industry wide, they have contributed to tens of billions of dollars of unnecessary costs. How do you avoid these expensive mistakes?

long term investment decision  having great academic or long time serving credentials, neither of these pillars may be the judge of the real usefulness of the methodology implicit in the tool, nor if it is valid in your circumstances. Making informed decisions on whether the tool is right for you by asking a few telling questions up front can mean the difference between getting to any one of a group of solutions, and getting to a solution that is most appropriate and most likely to succeed. Methodologies used inappropriately can lead Read More

Implementing ERP Technology to Successfully Achieve Return on Investment


When it comes to software implementations, organizations large and small share the common goal of rapid deployment and return on investment. Small and medium businesses (SMB) however, face unique issues and challenges that might not be satisfied by vendors that typically serve the Fortune 1000 or tier one community. Such vendors may tout specialized "SMB solutions", but many times they are nothing more than scaled-down versions of the larger enterprise suites that do not take into account SMB concerns. By following some fundamental concepts, smaller companies can make their technology investments pay off, with little disruption to the business. This paper discusses nine steps to easier ERP implementations and better profits.

long term investment decision  tip,hint,Exact,Implementation,ERP Read More

All Inclusive ERP: Full Support Without Increased Investment


While ERP systems are intended to support a business from end to end, many manufacturers choose to support their operations with extensions to ERP. But for some organizations, an ERP system is fully capable of supporting all their operations, even if they don’t know it. Read up on the benefits that SMB manufacturers have seen from ERP when they rely more heavily on the functionality contained within their ERP system, rather than extensions.

long term investment decision  ERP,ERP system,ERP system benefits,all-inclusive ERP,all-incusive ERP system,ERP for SMB,ERP for small and medium business,Aberdeen Insight,Plex Systems Read More

IT Governance: Maximizing the Business Investment


Implementing information technology (IT) governance means using a structure of relationships and processes to direct an organization. Some project portfolio management (PPM) vendors have adopted the IT governance mantra to differentiate their solutions from those offered by the enterprise resource planning (ERP) industry.

long term investment decision  closely monitoring any bottlenecks along the way. There are numerous vendor neutral governance frameworks that have been widely adopted by large IT departments. The most widely recognized and adopted for IT governance are Control Objectives for Information and Related Technology (CobiT) and ITIL: CobiT is a best practices framework developed by the IT Governance Institute (ITGI). CobiT''s best practices focus on the control and measurability of IT. Tools are provided to assess and measure all aspects of Read More

Case Study: Georg Fischer’s CRM Investment Improves Transparency and Customer Service


Georg Fischer, a global provider of fluid-handling systems, was using a simple database to manage customer contact information. But the company couldn’t effectively track the progress of customer relationships, opportunities, and projects, and so key data was often lost. By implementing an integrated enterprise application, the company now has centralized customer contact information, and improved customer relationships.

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The ASP Decision


The ASP model is the latest in a long line of silver bullets that are supposed to simplify the delivery of technology’s benefits to the business world. This article provides some simple guidelines for determining if you should consider the ASP model along with thoughts on selecting an ASP.

long term investment decision  the latest in a long line of silver bullets that will simplify the delivery of technology''s benefits to the business world. The ASP model has recently enjoyed that distinction and the accompanying hype. Unfortunately, wading through the hype to determine if this particular silver bullet can bring value to your business is an arduous task. This article provides some simple guidelines for determining if you should consider the ASP model along with thoughts on selecting an ASP. Why an ASP? If you believe Read More

Decision Resources, Inc.


DRI is a manufacturing system expert and a provider of Infor SyteLine ERP. With more than 500 implementations, the professional services group consists of business consultants, IT project managers, lean consultants, software developers, Six Sigma experts, and more. The organization has real-world experience in many industries—from electronics companies to equipment manufactures and from steel foundries to high-tech aerospace firms. Founded in 1978, DRI has offices in Pittsburgh, Chicago, Austin (TX), and Wichita (KS). DRI is a Gold-level business partner with Infor Global Solutions.

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Decision Support Systems -- Overview and Case Studies


Decison support systems range from simple electronic filing cabinets to complex data intensive and analytically sophisticated executive information systems. This primer provides an overview with real case studies.

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