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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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 project costing course


Project Costing for Maximum Profitability
By implementing timekeeping solutions for costing, organizations obtain valuable insight into project profitability. Project-oriented timekeeping data is also

project costing course  Manage Workforce & Optimize Project Costing Source : Journyx Resources Related to Project Costing for Maximum Profitability : Profit Maximization (Wikipedia) Project Costing for Maximum Profitability Project costing is also known as: project costing management , project costing and billing , project and job costing , activity-based project costing , project cost , costing in project management , project costing software , costing in project , IT project costing , project costing template , costing

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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.

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

Small Business Software (SBS)

The Small Business Software (SBS) evaluation model targets functional requirements for fully featured solutions designed to support all business requirements of a typical small business. Extending beyond mere accounting functions, it is primarily applicable to those businesses for which full-scale ERP software may be too complex or cumbersome. However, the model of SBS solutions includes all the essential categories such as General Ledger, Accounts Payable (A/P) and Accounts Receivable (A/R), Payroll, Job and Project Costing, Multinational Accounting, Light Manufacturing, Inventory, Technology, and much more. 

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Documents related to » project costing course

Project-oriented Software: Many Choices, Many Differences


Professional service organizations sell not just time, but knowledge. Thus, in addition to time and expense management, a business management software product must support a means for knowing how this knowledge is tracked, assigned, managed, and billed. But which product?

project costing course  of products that support project costing and project management, we'll focus on four leading products. In the first of a two-part series we'll look at Deltek Vision , as well as Deltek FMS , recently acquired from Wind2 Software . In the second part of the series, User Recommendations for Project-oriented Software , we'll also examine Microsoft Dynamics SL (formerly known as Solomon ) and BST Enterprise . Industry Requirements Depending on the size of the professional service organization (PSO) (we'll Read More

Accounting Software Selection Challenge #3: Microsoft vs. Infor (Difficulty = Basic)


I just want to make a quick point to address a popular software selection misconception. Here’s the misconception:  “The best accounting package for my business is the software that supports the most comprehensive breadth of accounting functionality.” And below are a couple of graphics from TEC Advisor (based on a hypothetical accounting software selection project) that show why this

project costing course  hypothetical accounting software selection project) that show why this is flat-out wrong (click to enlarge the images):   In an evaluation of over 4,100 accounting criteria, Infor FMS SunSystems [ see TEC's competitor rating analysis for Infor FMS SunSystems ] outranks Microsoft Dynamics GP [ see TEC's competitor rating analysis for Dynamics GP ] by a hair: look at the weighted average, where Infor scores 90.69 to Microsoft’s 89.56 , suggesting that Infor supports a marginally larger breadth of Read More

INFIMACS Becoming Ever More RELEVANT For Project-Based Industries. Part 2: Market Impact and User Recommendations


The current market trend industry-wide is towards vendors that can provide comprehensive solutions for medium-sized companies. Relevant seems to have a fair shot at delivering that to project-based discrete manufacturers such as aerospace contractors, contract manufacturers of electronic components, window, door & frame manufacturers, and MRO organizations with revenues up to $300 million.

project costing course  work breakdown structure (WBS), project management, Earned Value reporting, repair and overhaul, engineering, purchasing, MRP, and costing. Small and mid-sized contract, ETO and CTO discrete manufacturers that are looking to upgrade to a more comprehensive system may want to consider Relevant's hosted solution as a cost-effective and faster time-to-market option. Read More

Smaller Vendors Can Still Provide Relevant Business Systems Part Three: Project Oriented Organizations


The unique business needs of project-oriented organizations, when addressed by large ERP vendors that offer general-purpose enterprise software, typically require heavy customization in order to work. On the other hand, when project-oriented organizations turn to small off-the-shelf project-management solutions, these solutions are soon outgrown by the user company.

project costing course  in consort with the project control module and to meet the cost reporting requirements of US government contractors (i.e., DoD), as well as activity-based costing (ABC) requirements for commercial manufacturers, by providing the WBS for each project and each multi-level of the project. For manufacturers with long production cycles WBS increases the functionality of project control by enabling more accurate cost tracking at the project level, since the program defines the posting level accounts and the Read More

Eating Dessert First: Maximize Software Value and Minimize Project Risk


In order to achieve success, all business software projects have to surmount requirements risk, technical risk, and planning risk. Many software developers have thus adopted an iterative delivery methodology, finishing first the essential features, and then those additional features which deliver the most value. Some fundamental insights will provide a better understanding of how to set up iterative delivery projects.

project costing course  Software Value and Minimize Project Risk In order to achieve success, all business software projects have to surmount requirements risk, technical risk, and planning risk. Many software developers have thus adopted an iterative delivery methodology, finishing first the essential features, and then those additional features which deliver the most value. Some fundamental insights will provide a better understanding of how to set up iterative delivery projects. Read More

Top 10 Reasons For Having A Project Kickoff - Part I


You are about to embark on an important project. Whether the project is software or hardware related, it is a good idea to hold a project kickoff meeting. Don't miss this excellent opportunity to get across important communications and establish the tone for the project. This article discusses the 10 objectives of a project kickoff meeting, how to achieve them, and templates for presenting them. In Part I, the first three reasons are discussed but you will be left on the edge of your seat in anticipation of Parts II and III.

project costing course  Reasons For Having A Project Kickoff - Part I Top 10 Reasons For Having A Project Kickoff - Part I Featured Author - Joseph J. Strub - December 31, 2003 Introduction You are about to embark on an important project. Perhaps the project is implementing an ERP package, getting critical applications ready for the busy season, or setting up a warehouse and inventory for radio frequency operations. Whether the project is software or hardware related, it is a good idea to hold a project kickoff meeting. Don't Read More

CTSI Global Case Project Examples




project costing course  Global Case Project Examples Read More

Capturing Project Cost in Project ERP


Most enterprise resource planning (ERP) software is not designed to effectively capture cost in a project-based environment, such as engineer to order, engineer procure construct, or services. This white paper covers organizational and technology barriers to capturing project cost, along with criteria for selecting the ideal ERP for effective project costing for your organization.

project costing course  ideal ERP for effective project costing for your organization. Read More

Creating a Business from a Project


Many software services companies are not able to turn their individual project successes into a line of business that brings in additional revenue streams. At the root of this is the simplistic assumption that "if you build, they will come."

project costing course  a Business from a Project When Ram took over the PeopleSoft practice division at a mid-sized Indian software services company, the term practice was a misnomer: the company had only one customer for PeopleSoft, and all its PeopleSoft credentials were vested in the twenty-five individuals who were working on this project. Despite the fact that this one customer was highly referenceable and a global leader in its industry, Ram's company hadn't manage to acquire a single additional PeopleSoft customer in Read More

Open Source CRM project Zurmo releases Version 0.7.5


Zurmo has released a new version of its Open Source CRM. The  0.7.5 version offers new social CRM elements, the option to add profile pictures, and custom lists while searching. One new feature worth underlining is Mission—a new gamification component that invites "co-workers to challenge one another in exchange for a reward." In fact, Mission proposes a unified vision of all customer interactions

project costing course  Source CRM project Zurmo releases Version 0.7.5 Zurmo has released a new version of its  Open Source CRM . The  0.7.5 version offers new social CRM elements, the option to add profile pictures, and custom lists while searching. One new feature worth underlining is Mission—a new gamification component that invites co-workers to challenge one another in exchange for a reward . In fact, Mission proposes a unified vision of all customer interactions within an organization by displaying each Read More

Who to Blame for Project Failure? Look Up-Not Down, Not Left, Not Right


Project failure is not a nice topic. None of us wants to be involved in a failure. But when a failure occurs, we feel compelled to assign blame. But who really is to blame, and how can a company avoid the same problems in the future?

project costing course  to Blame for Project Failure? Look Up-Not Down, Not Left, Not Right Originally Published - Septembre 20, 2002 Project failure is not a nice topic. None of us wants to be involved in a failure. But when a failure occurs, we feel compelled to assign blame. But who to blame and how to avoid the same problems in the future? For most enterprises, even admitting they have a failure is difficult. But what is a failure? Failure is not that easy to define. Is it when we fail to meet the original project business Read More

Design to Delivery: Project Delivery Management System


In today’s demanding project delivery environment, meeting contract deadlines is paramount. Companies are under pressure to rapidly establish plans, isolate deliverables, and deliver quality products. Learn about a project delivery management system that can help you streamline collaboration between business units, ensuring each step is monitored and controlled so you can deliver your project on time and on budget.

project costing course  to Delivery: Project Delivery Management System The ProjectFit™ Project Delivery Management System (PDMS) gives Project Managers the ability to structure projects into manageable sized packages across many different cost centres and budgets. Source : DynamicFit Business Solutions Resources Related to Design to Delivery: Project Delivery Management System : Project delivery method (Wikipedia) Design to Delivery: Project Delivery Management System Delivery Management is also known as : Project Read More

Project Workforce Management


Tenrox's Project Workforce Management solution, available on demand or on premise, is a modular solution for managing project workforces in real time. Tenrox's workflow engine lets users drag and drop icons to design and change workflows. Integration with accounting, payroll, financial, customer relationship management (CRM), and project management systems is built in.  

project costing course  Workforce Management Tenrox's Project Workforce Management solution, available on demand or on premise, is a modular solution for managing project workforces in real time. Tenrox's workflow engine lets users drag and drop icons to design and change workflows. Integration with accounting, payroll, financial, customer relationship management (CRM), and project management systems is built in. Read More