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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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 speeds financial process sap

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

CRM for Financial and Insurance Markets

Customer relationship management (CRM) focuses on the retention of customers by collecting data from all customer interactions with a company from all access points (by phone, mail, or Web, or in the field). The company can then use this data for specific business purposes by taking a customer-centric rather than a product-centric approach. CRM applications are front-end tools designed to facilitate the capture, consolidation, analysis, and enterprise-wide dissemination of data from existing and potential customers. This process occurs throughout the marketing, sales, and service stages, with the objective of better understanding one’s customers and anticipating their interest in an enterprise’s products or services.  

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The Financial Close: Optimizing Performance and Driving Financial Excellence


“Financial close” is a company’s ability to complete accounting cycles and produce financial statements for internal management and external legal reporting—and is still a key part of today’s global finance function. Do you know how to overcome the barriers to a fast, high-quality close? Discover solutions that can help you improve your close times and address the challenges of automating and testing internal controls.

speeds financial process sap  every area. Poor processing speeds and lack of scalability and availability of applications during peak close periods can be serious impediments to a world-class financial close. Lack of Automation The close process comprises multiple elements, many of which can be automated to speed the close process, reduce errors, and increase staff availability. Examples of key processes that can be automated include intercompany matching and elimination, consolidation of entries, currency conversion, ownership and Read More

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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SAP Learns The Ropes Of Fashion/Outfitting


With a heavy heart, in 1999, SAP had to go back to the drawing board, to do a thorough redesign of its erstwhile ill-reputed Apparel & Footwear Solution (AFS). It appears that the effort was worthwhile.

speeds financial process sap  from style attributes that speeds the creation of master data needed throughout the enterprise. Still, SAP might have overtaken Intentia in terms of customer base (Intentia has over 160 sites worldwide) and given that its AFS support group has for last 18 months been based in Bangalore, India and Boston, MA, in addition to Germany. SAP claims to have the largest, most international, and certainly the largest US customer base. On the other hand, Movex Fashion already offers integration with the Web-based Read More

SAP Keeps Traction On Some Tires Of Its Omni-Wheel-Drive Part 1


Although SAP’s recently announced tamed results for Q1 2002, which fit within the current market milieu, may add to some challenges moving forward, particularly seen from sharply reduced license revenue, and while some may question SAP’s justification of assimilating its two former subsidiaries, SAP has meanwhile become much more alert and diverse to spar with difficulties.

speeds financial process sap  improves marketing efficiency and speeds communication. Additionally, mySAP CRM helps chemical companies to grow top-line revenues by enabling more effective up-selling, cross-selling, and identification of new sales and delivery channels. Capabilities such as predefined buyer profiles, commonly sold product terms, up-to-the-minute information about pricing and availability, customer-initiated tracking, and automatically updated financial and inventory data should reduce purchasing cycle time and, Read More

SAP HANA-One Technology to Watch in 2012 (and Beyond)


Did you know that SAP HANA is much more than a high-speed analytic appliance? TEC principal analyst P.J. Jakovljevic reveals how HANA is a universal database that will enable companies to analyze large volumes of operational and transactional information in real time, from virtually any data source, and that will eventually deliver an entirely new class of applications that will change the way people think, work, plan, and operate.

speeds financial process sap  differences in their processing speeds and closeness to real time. The key difference is in data organization, i.e., database tables and their relations. In relational databases , normalization refers to a single entity describing only one event from the real world, and vice versa. In contrast, OLAP data organization disregards the theories of normalization, and the data is rather kept in the so-called star or snowflake schema. In this way, one central (a.k.a., inner or fact ) table contains the primary Read More

The Future of the SAP Economy—A Book Review of SAP Nation


P.J. Jakovljevic reviews a fascinating new book about software vendor SAP. And what a story it is! Written by Vinnie Mirchandani, it chronicles the current and future prospects of a $200 billion giant that has a glorious and profitable past—but may be looking at a future fraught with serious challenges at every turn.

speeds financial process sap  SAP, SAP Nation, SAP economy, Vinnie Mirchandani, software economy, software empire, book review Read More

CPR on BPR: Practical Guidelines for Successful Business Process Analysis


Part 2 of a series on Business Process Reengineering: Long Live Business Process Reengineering. In this Part, we discuss some practical steps for actually performing business process analysis and fostering change in your company.

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SAP Business One Is To Be Offered On SAP HANA Soon


SAP is steadily and consistently expanding its SAP HANA–powered business software offerings. As it has been announced at CeBIT 2013, one of the world's major computer and electronic industry trade shows, in Hanover, Germany, SAP's Business One version for SAP HANA is now available in restricted shipment mode. Obviously, it will become a commercial version pretty soon. This move fully

speeds financial process sap   Read More

SAP as a Retail Market Force: More Fact Than Fiction


Can SAP, a market and technology leader in business management software, translate its success in the manufacturing industry to retail? TEC principal analyst P.J. Jakovljevic reviews the complexities of this master vertical and the steps SAP has taken to address them. The ensuing candid discussion with the SAP Retail Industry team sheds some light on SAP’s strategy with regard to the retail industry.

speeds financial process sap  as a Retail Market Force: More Fact Than Fiction It is well known that SAP AG , founded in 1972, is a market and technology leader in business management software, and since those early days retailers have been using the now legacy SAP R/1 and SAP R/2 financials solutions to support their financial processes. With the success of the client-server SAP R/3 enterprise resource planning (ERP) solution in the early 1990s and the burgeoning expansion of the global ERP market, SAP embarked on tailoring its Read More

2011 Buyer's Guide to Accounting and Financial Software


Learn more about theadvantages of the new generation of finance and accounting systems in The 2011 Buyer's Guide to Accounting and Financial Software...

speeds financial process sap  Buyer''s Guide to Accounting and Financial Software 2011 Buyer''s Guide to Accounting and Financial Software Is your organization using antiquated financial and accounting software? The answer is likely yes. Virtually every major financial and accounting solution can trace its roots to the late 1980s transition from DOS to Windows. Modern finance and accounting systems are now designed for today''s Internet-driven, always-on, always-connected, fast-changing world. Learn more about the advantages of the Read More

Best-of-Class Financial Systems: an Alternative to ERP


In Best-of-class Financial Systems: An Alternative to ERP, find outhow a best-in-class financial system might deliver all the functionalityyou real...

speeds financial process sap  of-Class Financial Systems: an Alternative to ERP You can''t survive without a full-scale ERP system. That''s been the industry marketing hype for years, but does it apply to you? Yours may be one of many companies that can do well with a simpler, less expensive IT setup. In Best-of-class Financial Systems: An Alternative to ERP , find out how a best-in-class financial system might deliver all the functionality you really need-with all these advantages over ERP: less expensive less complex easily Read More

Oracle JD Edwards EnterpriseOne 9.0 for Financial Packages Certification Report


Oracle JD Edwards EnterpriseOne 9.0 is now TEC Certified for online evaluation of accounting solutions in the Financial Packages 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.

speeds financial process sap  JD Edwards EnterpriseOne 9.0 for Financial Packages Certification Report Oracle JD Edwards EnterpriseOne 9.0 is now TEC Certified for online evaluation of accounting solutions in the Financial Packages 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

SAP ERP


Through the SAP ERP platform, people in businesses around the globe are improving relationships with customers and partners, streamlining operations, and achieving significant efficiencies throughout their supply chains. Today, more than 17,000 companies in over 120 countries run more than 44,500 installations of SAP software.

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Financial Times


Founded in 1888, Financial Times is an international daily newspaper. The publication focuses on international economic and business news.

speeds financial process sap  Times Founded in 1888, Financial Times is an international daily newspaper. The publication focuses on international economic and business news. Read More

Real-time Performance: SAP Business Suite Running on SAP Sybase Adaptive Server Enterprise


A database platform built with real-time requirements in mind can help your company improve overall data management capabilities and achieve efficiencies in application cost, responsiveness, and reliability while setting the stage for future growth. This paper presents a compelling case for choosing an optimized relational database management system (RDBMS) for your transactional applications, and discusses how to quickly migrate to a new database with minimal disruption and cost.

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