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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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Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 managing financial processes grc

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

Supply Chain Management (SCM)

Supply chain management (SCM) solutions include applications for managing supplier, manufacturer, wholesaler, retailer, and customer business processes. Addressing demand management, warehouse management, international trade logistics, transportation execution, and many other issues for a complete solution, this knowledge base will support your evaluation of an SCM suite. 

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Documents related to » managing financial processes grc

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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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.

managing financial processes grc  to the fact that managing CAD data was a high priority of PLM predecessors (e.g. engineering document management [EDM] and PDM), and, more recently, that PLM needs to work with other enterprise systems closely, PLM market shares are mainly held by big either CAD or enterprise resource planning (ERP) vendors. This leaves Aras, a sole PLM vendor without either CAD or ERP offerings, a narrow market space to grow. Although today’s technological advancements in product data visibility, exchange, and Read More

Governance, Risk, and Compliance Management


Governance, risk, and compliance (GRC) issues are hot topics today, thanks to high-profile stories about companies that failed to meet regulatory requirements. In each case, executives were held accountable, stock prices dropped, and brand image suffered. Find out about cross-enterprise GRC solutions that can make it easier to monitor compliance and risk effectively, and adjust to changing regulatory mandates.

managing financial processes grc  streamline grc initiatives , managing risk audit , compliance program , governance risk management , compliance activities , GRC risk management , rating it governance compliance . CONTENTS   Executive Summary The Business Need for Cross-Enterprise GRC Solutions The Goal: A Holistic Approach to GRC Cross-Enterprise GRC Solutions: A Closer Look Support for Business Processes and Functions Reconcile to Report and Financial Close Procure to Pay Order to Cash Hire to Retire Payroll Production to Delivery Read More

Managing Performance, Risk, and Compliance for Better Business Results


Confronted by globalization and volatile markets, today’s companies face a challenging and often risky business climate. Explore how to ensure alignment between your company's strategic objectives and risk management/compliance policies; how to mitigate all types of business risk and maintain a proper risk/reward balance; and how to ensure continuous compliance with regulatory requirements and internal policies.

managing financial processes grc  and Compliance Activities , Managing Business Risk , Risk Management Services , Risk and Compliance Practices , Financial Risk Manager , Risk Assessment Management , Effective Risk Management , Risk Management and Compliance Policies , Risk Initiatives , Compliance and Risk . These days, companies everywhere are confronted with increasing globalization and volatile market conditions. It is a challenging and often risky business climate. To optimize performance and ensure strategic success in this Read More

Enterprise Performance Management: Financial Excellence and Beyond


Financial performance management—often categorized as one aspect of enterprise performance management—can help chief financial officers (CFOs) maximize their companies’ profitability, protect against non-compliance, and optimize efficiency by ensuring delivery of information when it is needed, in context. Learn more about a solution that can help you adapt to rapid business change and predict future financial performance.

managing financial processes grc  Management Solutions Enterprise , Managing Operational Performance Financial , Financial Business Performance Management , financial excellence management , enterprise performance management , enterprise performance financial excellence . CONTENT Executive Summary The Changing Face of Business The CFO''s Role in Transition Making the Transition Financial Performance Management Shortcomings of the Typical Approach Making It All Work SAP Solutions for Enterprise Performance Management Focus on Financial Read More

Financial Forecasting & Planning Summit - September 9/10, Boston MA


Financial Forecasting & Planning Summit – September 9/10, Boston MA. Don't miss out on revolutionary trends shaping your industry at the Financial ...

managing financial processes grc  Forecasting & Planning Summit - September 9/10, Boston MA Don''t miss out on revolutionary trends shaping your industry at the Financial Forecasting & Planning Summit . At this exciting, one-of-a-kind summit, you''ll learn how to positively engage senior leadership around financial forecasts and reviews, use the financial forecast as the vehicle to drive accountability for results, optimize the role of Financial Forecasting & Planning in your company, and develop an approach to a single repeatable Read More

Tracking, Managing, and Deploying Business Rules Across the Enterprise-Securely


Enterprises are using business rules engines (BREs) as a means to reduce the costs of managing change. However, because these business rules are stored separately from the application code, many questions need to be answered: Can you track changes to policies? What risks are involved in having business policies outside of code? And how can you minimize these risks?

managing financial processes grc  reduce the costs of managing change. However, because these business rules are stored separately from the application code, many questions need to be answered: Can you track changes to policies? What risks are involved in having business policies outside of code? And how can you minimize these risks? 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.    

managing financial processes grc  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

POLL: Is Cloud-based Accounting/Financial Software Right for You?


TEC is preparing a new Financial Packages Buyer’s Guide, and we’d like to hear your thoughts on cloud-based finance and accounting software. Your responses to the questions below will help us keep the guide focused on the needs of real-world accountants, financial managers, IT specialists, and other professionals.{democracy:70}{democracy:71}{democracy:72}{democracy:73}{democracy:74

managing financial processes grc  Is Cloud-based Accounting/Financial Software Right for You? TEC is preparing a new Financial Packages Buyer’s Guide, and we’d like to hear your thoughts on cloud-based finance and accounting software. Your responses to the questions below will help us keep the guide focused on the needs of real-world accountants, financial managers, IT specialists, and other professionals. {democracy:70} {democracy:71} {democracy:72} {democracy:73} {democracy:74} Thanks for taking the time to participate in this Read More

Why Are You Afraid of (Re) Defining Business Processes?


We all are—except consultants who praise the importance of business processes, but sometimes don’t practice what they preach. Business processes can be simply good or bad habits that people follow mostly because it’s what they’ve always done rather than it being a way to work more efficiently. There are a few very good reasons that make people afraid of changing the way they do their

managing financial processes grc  when time is spent managing a team, a customer base, relations with providers, etc., (re)defining business processes is the last thing on a manager’s mind. Ironically, most managers understand that the “traditional” system in use will fail sooner or later. Since any initiative to change things will not get them anywhere, mostly because other decision makers may not buy in, they continue perpetuating the same inefficient system. High-risk : Consultants are also afraid of changing business processes Read More

Financial Mobility-Balancing Security and Success


No financial services company can afford to relax when it comes to IT security. Banks, investment firms, and insurance providers must follow government regulations, to ensure a secure environment for processing, storing, and transmitting credit card information. At the same time, most companies need mobile technology to compete. Know how to provide financial services mobility while ensuring that no breaches occur? Read more.

managing financial processes grc  Mobility-Balancing Security and Success No financial services company can afford to relax when it comes to IT security. Banks, investment firms, and insurance providers must follow government regulations, to ensure a secure environment for processing, storing, and transmitting credit card information. At the same time, most companies need mobile technology to compete. Know how to provide financial services mobility while ensuring that no breaches occur? Read more. Read More

Managing Global Supply Chain


As international competition becomes more intense and as national barriers for trade gradually reduce, the era of global business is here to stay. Increasingly the difference between success and failure in the global marketplace will be determined not by the sophistication of product technology or marketing communication, but by the way in which the global supply chain is controlled and managed.A global supply chain has to be agile and flexible enough to cope with differences in customer requirements and yet should be able to reap the benefits of focused manufacturing in terms of economies of scale.

managing financial processes grc  Global Supply Chain As international competition becomes more intense and as national barriers for trade gradually reduce, the era of global business is here to stay. Increasingly the difference between success and failure in the global marketplace will be determined not by the sophistication of product technology or marketing communication, but by the way in which the global supply chain is controlled and managed.A global supply chain has to be agile and flexible enough to cope with differences in Read More

Use Financial Analytics Solutions for Bigger Profits


And you can learn about it in the executive brief financial analysis clears the profit haze.

managing financial processes grc  Financial Analytics Solutions for Bigger Profits Does it ever seem like you''re shooting in the dark when it comes to making business decisions? You may get that feeling if you have only limited visibility into your company''s financial state. Or if you have to rely on spreadsheets that contain errors and inconsistencies. Or if you''re getting too many versions of the truth when it comes to analyzing your company''s performance. If factors like these are creating a haze that''s obscuring the true state 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.      

managing financial processes grc  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 vers Read More