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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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 planning and finance

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

Discrete Manufacturing (ERP)

The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today’s leading ERP systems group all traditional company management functions (finance, sales, manufacturing, and human resources). Many systems include, with varying degrees of acceptance and skill, solutions that were formerly considered peripheral such as product data management (PDM), warehouse management, manufacturing execution system (MES), and reporting. During the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The foundation of any ERP implementation must be a proper exercise of aligning customers'' IT technology with their business strategies, and subsequent software selection. 

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Documents related to » planning and finance

Sales and Operation Planning: Integrate with Finance and Improve Revenue


Sales and operations planning (S&OP) is the key integrated process that the supply chain organization (specifically the vice president of supply chain) can use to achieve visibility across the entire organization and the value chain. This white paper highlights the results of over 220 companies participating in a survey on S&OP initiatives, and compares the views of the supply chain and finance organizations.

planning and finance  Revenue Sales and operations planning (S&OP) is the key integrated process that the supply chain organization (specifically the vice president of supply chain) can use to achieve visibility across the entire organization and the value chain. This white paper highlights the results of over 220 companies participating in a survey on S&OP initiatives, and compares the views of the supply chain and finance organizations. Read More

Finance and Banking


Some of the major challenges faced by the finance and banking industry today include global economic conditions, new technology trends for financial services, and innovative business processes and services. The finance and banking industry represents a vital economic sector for every country. This industry is generally a reliable thermometer of regional and global economic conditions, due to the fact that it manages a major part of all financial transactions.

planning and finance  and Banking Some of the major challenges faced by the finance and banking industry today include global economic conditions, new technology trends for financial services, and innovative business processes and services. The finance and banking industry represents a vital economic sector for every country. This industry is generally a reliable thermometer of regional and global economic conditions, due to the fact that it manages a major part of all financial transactions. Read More

Driver-Based Planning for Budgets and Forecasting


Line managers and finance staffs are frustrated by the inadequacies of spread-sheet based planning systems for delivering useful budgets and rolling forecasts. A major problem is the disconnect between the operational elements of a business and financial plans. What's missing is driver-based planning, a best practice methodology where financial plans incorporate assumptions about business activities which are modeled to drive financial data such as revenue projections, headcount, spend-ing and capital requirements. Learn how driver-based planning, empowers managers to do better budgeting and, in particular, improve the accuracy and decision making usefulness of rolling forecasts.

planning and finance  Based Planning for Budgets and Forecasting Line managers and finance staffs are frustrated by the inadequacies of spread-sheet based planning systems for delivering useful budgets and rolling forecasts. A major problem is the disconnect between the operational elements of a business and financial plans. What''s missing is driver-based planning, a best practice methodology where financial plans incorporate assumptions about business activities which are modeled to drive financial data such as revenue Read More

Successful Sales and Operations Planning in Five Steps


A sales and operations planning (S&OP) meeting is a critical decision-making activity that sets the overall direction for the company. Executives discuss trade-offs between customer service, inventory investments, production capabilities, supply availability, and distribution concerns, in order to balance generating profit with satisfying operational goals. Learn the five essential steps for successful S&OP planning.

planning and finance  and inventory optimization; manufacturing planning and scheduling; transportation planning and management; and warehouse management. For more information about Logility, call 1-800-762-5207 or visit http://www.logility.com/ . Searches related to Successful Sales and Operations Planning in Five Steps : Sales and Operations Planning | S&OP Process Challenges | S&OP Solutions | Demand Sensing | Supply Chain Management | Sales and Operations Planning Software | Demand Shaping Activities | S&OP Definition | Ke Read More

The State of the Art in Finance


Thanks to recent accounting scandals and an increasingly competitive environment, many chief financial officers and the finance organizations they lead have started to take on new roles within the enterprise. However, given the current state of the finance function in US companies, companies first need to understand the challenges to finance—and the road map to increasing its strategic capabilities.

planning and finance  a more integrated process, planning and reporting cycle times are much reduced, providing data for critical decisions much sooner and enabling improved decision making by company executives. For example, looking at budget preparation cycle time or closing of monthly accounts, the APQC survey revealed that companies relying heavily on manual processes or spreadsheets took an average of 90 days to prepare their annual budgets, versus an average of 62 days for companies relying on an ERP system. The survey s Read More

Simple Route Planning vs. Schedule Optimization


Field service organizations understand that efficient route planning is essential to being successful; smart routing is efficient and enables service technicians to become more productive. However, they may be overlooking the added benefits of schedule optimization as an intrinsic part of the solution. Learn how organizations can benefit from planning software to simplify scheduling, manage workflows, and improve the bottom line.

planning and finance  organizations can benefit from planning software to simplify scheduling, manage workflows, and improve the bottom line. Read More

Zuora Launches Z-Finance for the Subscription Economy


Zuora announces the launch of Z-Finance for subscription businesses. Zuora’s solution is built on a unique framework to address the shortcomings of traditional accounting methods. The solution complements popular accounting and ERP solutions such as FinancialForce, NetSuite, Oracle, Sage, SAP, and Quickbooks. Z-Finance is built on a framework containing multidimensional ledgers and a data model

planning and finance  Launches Z-Finance for the Subscription Economy Zuora announces the launch of Z-Finance for subscription businesses . Zuora’s solution is built on a unique framework to address the shortcomings of traditional accounting methods. The solution complements popular accounting and ERP solutions such as FinancialForce, NetSuite, Oracle, Sage, SAP, and Quickbooks. Z-Finance is built on a framework containing multidimensional ledgers and a data model that inherently calculate subscription metrics like Read More

Orchestrate Your Business with Integrated Business Planning


Learn how your company can reap the financial and competitive rewards of ibp in ibp: redesigning planning for a more dynamic business.

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Financial Planning: Mastering the Key Value Drivers


In business, planning plays a fundamental role in analyzing and forecasting key financial data. While forecasting future events is one benefit of planning, it can also be used to achieve a series of objectives, including regulatory compliance. In order to achieve these objectives, companies should consider implementing a unified customer performance management (CPM) solution—one that takes compliance into consideration.

planning and finance  Value Drivers In business, planning plays a fundamental role in analyzing and forecasting key financial data. While forecasting future events is one benefit of planning, it can also be used to achieve a series of objectives, including regulatory compliance. In order to achieve these objectives, companies should consider implementing a unified customer performance management (CPM) solution—one that takes compliance into consideration. Read More

Can Java Perk Legacy Enterprise Resource Planning Systems?


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planning and finance  its extended enterprise resource planning (ERP) system, and US-based Lawson announced its Landmark technology development system. (For more information, see Intentia: Java Evolution From AS/400 ). Both are examples of how independent software vendors (ISV) have been trying to win customers. They feature the latest and most modern technologies, where rich functionality and rapid implementation go without saying. Many leading vendors are now focusing on evolutionary product and service strategies as Read More

Enterprise Resource Planning Vendors Address Lean Manufacturing


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planning and finance  suite enables both lean planning and execution processes, since efficient response to fluctuating customer demand requires real time analysis and the monitoring of lean parameters based on actual demand, future requirements, and the state of readiness of the extended supply chain. The following demand leveling tools are built into QAD MFG/PRO Lean Manufacturing. Kanban pull signals , which allow inventory shipments to be dynamically optimized to the rhythm of customer demand, based on average demand Read More

Sage ERP X3 v.6 for Distribution Enterprise Resource Planning Certification Report


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planning and finance  evaluation of enterprise resource planning (ERP) solutions for distribution in the ERP Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More

An End-to-end Solution for Mine Business Planning


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planning and finance  Business Planning Mine business planning is a time-consuming and complex task involving many participants, systems, and separate processes. It is often extremely difficult to precisely replicate a planning process from budget to budget, or to trace the origin of figures in consolidated reports. However, a sensitively deployed and fully integrated end-to-end solution can go a long way toward solving these problems. Read More

Data Center Projects: System Planning


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planning and finance  eliminated by viewing system planning as a data flow model, with sequenced tasks that progressively transform and refine data from initial concept to final design. Learn more. Read More