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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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 understanding gaap


Human Capital Financials: Understanding the Value of the Human Assets within Your Organization
Many companies are still not fully realizing the ROI on their human capital. While people are often spoken of as assets, they are generally treated as costs

understanding gaap  Capital Financials: Understanding the Value of the Human Assets within Your Organization The term human capital can be used to describe the asset value of your people and is certainly not a new concept for today’s businesses. But what’s surprising is that many medium to large companies are still not fully realizing a return on investment (ROI) on their human capital. People are often spoken of as assets but are generally treated as costs, because there is no standardized system of valuing them.

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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

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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Documents related to » understanding gaap

Delivery Architecture - What it Means...


Once we cross the border of the enterprise, traditional enterprise-centric systems fail to provide visibility or a way to understand and act, all in sync with our supply chain partners. This is why the delivery architecture of an application is critical, especially for addressing multi-enterprise interactions.

understanding gaap  will be prerequisites for understanding the delivery architecture. In those articles we discussed the externalization of the business process—across multiple enterprises, and the challenge in managing your three Ps (supply chain policy, performance, processes) using outdating techniques and systems. Once we cross the border of the enterprise, traditional enterprise-centric systems fail to provide visibility, or a way to understand and act, all in sync with our partners. Delivery architecture has many Read More

Lean as a Response to Global Outsourcing Challenges


The recent trend of manufacturing companies in outsourcing their production tasks to other parts of the world has certainly been effective in reducing production costs and increasing profit margins, but at the cost of complex supply chains and inability to quickly respond to new requests or demand changes. Learn how lean production can address global outsourcing challenges and help your company realize strategic growth.

understanding gaap  that requires a clear understanding of the multiple coordinated efforts of a company’s stakeholders—owners, managers, and employees. Lean is a journey, rather a single time-limited project. Adoption of the lean approach is really not similar to implementing a business change or software project, for example. This is because with the lean approach, processes are continuously improved, and thus lean is not something that can be achieved by a certain date, by definition. However, when adopted properly, Read More

Streamlining Your Conversion to IFRS: Challenges, Choices, and Transformative Technologies


Transitioning to international financial reporting standards (IFRS) is more than just a mandate—it’s an opportunity for companies to improve their financial consolidation and reporting systems, and enable rapid legal compliance. But making the switch requires careful planning, thoughtful execution, and support from personnel throughout the enterprise. Find out how your company can manage the change.

understanding gaap  financial reporting activities. By understanding the potential challenges that can complicate IFRS adoption and developing a comprehensive plan to overcome these challenges, you can increase your chances for a successful transition or convergence. To understand how U.S. GAAP rules differ from IFRS principles, consider the example of a leased asset. The U.S. GAAP rule states that the lease term is equal to 75% or more of the estimated economic life. However, the IFRS guidance says this about leasing: Read More

Deltek Going Private Again




understanding gaap  came from an intimate understanding of Deltek’s state of affairs or are based on a hunch. To be fair, it is not a common lifecycle for any company to go public and be taken private twice. I also agree that a few of the most prosperous product lines get most of the research and development (R&D) money while the rest are underfunded. This is true of most enterprise resource planning (ERP) vendors. Unfortunately, while this is a good product management decision, the underinvested product lines generate Read More

Understanding SOA, Web Services, BPM, and BPEL Part Two: BPEL and User Recommendations


In a somewhat simplified language, while Web services allow applications to easily exchange and reuse information, it is only when they are orchestrated (coordinated) into long-running business flows or processes that enterprises can realize their true value.

understanding gaap  SOA, Web Services, BPM, and BPEL Part Two: BPEL and User Recommendations Web Services Orchestration Increasing demand-driven responsiveness towards customers' needs requires a well-coordinated set of IT infrastructure components, since it is no longer good enough to purchase disparate pieces and expect them to simply interoperate. The ideal should be a sort of an independent data exchange that would leverage common metadata and processes to create composite functionality derived from existing Read More

Service Management: Understanding the Real End-user Experience


How many of your online customers are happy customers? Today, few organizations can answer this question accurately, usually relying on customer complaints to highlight areas of underperformance. However, a significant proportion of unsatisfied online customers won’t even bother to complain. But now, organizations can track customer interactions in real time—transforming online experiences into truly effective channels for customer care.

understanding gaap  Management: Understanding the Real End-user Experience How many of your online customers are happy customers? Today, few organizations can answer this question accurately, usually relying on customer complaints to highlight areas of underperformance. However, a significant proportion of unsatisfied online customers won’t even bother to complain. But now, organizations can track customer interactions in real time—transforming online experiences into truly effective channels for customer care. Read More

Understanding BI: The Top 10 Business Questions That Drive Your BI Technology Requirements


Read this white paper to learn the questions you should be asking to determine your business intelligence technology requirements and better understand your BI solution needs.

understanding gaap  BI: The Top 10 Business Questions That Drive Your BI Technology Requirements Read this white paper to learn the questions you should be asking to determine your business intelligence technology requirements and better understand your BI solution needs. Read More

Nationwide Rollout Internal Resource Requirements


Nationwide and global multi-site technology rollouts require internal resources beyond just a single point of contact. By understanding the dynamics and configurations of a deployment company’s internal resources, you can be sure that you are getting the most efficient and cost-effective system of methodologies for your project. Get the critical information you need to evaluate a technology rollout company effectively and ensure that you are getting the most efficient and cost-effective implementation system for your technology deployment projects.

understanding gaap  point of contact. By understanding the dynamics and configurations of a deployment company’s internal resources, you can be sure that you are getting the most efficient and cost-effective system of methodologies for your project. Get the critical information you need to evaluate a technology rollout company effectively and ensure that you are getting the most efficient and cost-effective implementation system for your technology deployment projects. Read More

Improving Customer Relationships: An Integrated Approach


It’s a simple idea: get a better understanding of your customers’ wants and needs, deliver on their expectations, and your revenue will increase. But more than 40 percent of companies surveyed do not have a formal customer relationship management (CRM) strategy in place. And those that have one still struggle with CRM at nearly every stage. Learn more about areas where you can improve your own CRM system strategy.

understanding gaap  idea: obtain a better understanding of your customer’s wants and needs, deliver on their expectations, and revenue will increase. Few would deny that customer satisfaction is key to corporate success—61% of our survey respondents confirm that increasing revenue per customer is the top method of generating new growth (see chart, right). In addition, nearly 86% say that customer relationship management (CRM) will be “important” or “very important” to their companies over the next three years. Read More

Understanding the Business Benefits of Introducing an LMS


The benefits of e-learning have been amply demonstrated and extensively documented. However, less attention has been paid to the business benefits of implementing learning management systems (LMS). The misconception is that LMS and e-learning are irrevocably linked. But that isn’t necessarily the case. In fact, an LMS can provide real benefits, in the broadest—and most critical—business sense.

understanding gaap  the Business Benefits of Introducing an LMS The benefits of e-learning have been amply demonstrated and extensively documented. However, less attention has been paid to the business benefits of implementing learning management systems (LMS). The misconception is that LMS and e-learning are irrevocably linked. But that isn’t necessarily the case. In fact, an LMS can provide real benefits, in the broadest—and most critical—business sense. Read More

Enterprise Knowledge Workers: Understanding Risks and Opportunities


To do their jobs, knowledge workers use the gamut of media and technologies. However, although the proliferation of new means to locate and access data has multiplied the amount of information available to these workers, it’s also made the efficient dissemination, management, and processing of data more burdensome. Find out more about how collaborative tools are—and aren’t—being used in the information-sharing workplace.

understanding gaap  Knowledge Workers: Understanding Risks and Opportunities To do their jobs, knowledge workers use the gamut of media and technologies. However, although the proliferation of new means to locate and access data has multiplied the amount of information available to these workers, it’s also made the efficient dissemination, management, and processing of data more burdensome. Find out more about how collaborative tools are—and aren’t—being used in the information-sharing workplace. Read More

FICO Health Care Analytics


With gold-standard custom analytics, FICO delivers powerful information and a deep understanding of the health care industries to identify potential high-value customers, design highly-targeted campaigns, create accurate and detailed audience segmentation, and identify motivating tactics and messages to yield desired outcomes.  

understanding gaap  information and a deep understanding of the health care industries to identify potential high-value customers, design highly-targeted campaigns, create accurate and detailed audience segmentation, and identify motivating tactics and messages to yield desired outcomes. Read More

Microsoft Axapta: Design Factors Shape System Usage Part One: User Interface and Customization


If you are implementing or considering Microsoft Axapta as your ERP system, or providing Axapta-related services, this note provides an overall understanding of how the system fits together to run a business.

understanding gaap  explanations address an overall understanding of how the system fits together to run a business, expressed in generally accepted terminology. This mental framework—in combination with hands-on experience and training courseware—can accelerate the learning process, and an overall understanding leads to more effective system usage. Usage of any ERP system—including Microsoft Axapta—is shaped by many design factors that make it easier (or harder) to learn and use. Many of the design factors related Read More

Building a Bigger More Profitable Customer Base with Today's EMM Solutions


Relationship marketing is about understanding customers’ needs and building a marketing strategy around them. The nurturing process helps businesses define the process of generating better leads through a clear set of principles, tactics, and related metrics for attracting new customers. Enterprise marketing management (EMM) has also emerged as part of this process, and is critical for marketing consistency and discipline.

understanding gaap  Relationship marketing is about understanding customers’ needs and building a marketing strategy around them. The nurturing process helps businesses define the process of generating better leads through a clear set of principles, tactics, and related metrics for attracting new customers. Enterprise marketing management (EMM) has also emerged as part of this process, and is critical for marketing consistency and discipline. Read More