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TEC Launches Its Revamped Small Business Software Model

Written By: Aleksey Osintsev
Published On: May 27 2014

The ERP software market for large organizations and midsize companies is dramatically different from its small business software counterpart, which consists mainly of business management solutions for small family-operated companies or slightly larger micro-businesses. But recent technology shifts, such as moving to the cloud, software availability on mobile devices, and the increasing use of analytical tools, among other changes, are transforming the market, and solutions that would not have been appropriate for a small business in the past are now becoming a better fit.

TEC is glad to introduce its revamped Small Business Software (SBS) model that better addresses current software selection issues for small companies.

In bringing this renewed model to end users our goal is to help make the selection process easier and more relevant for small companies that can’t afford and often do not need full-blown ERP solutions that are a better fit for larger businesses in today’s software market. The Small Business Software (SBS) model covers all of the major functions that small companies might require. The SBS model includes the following functional areas:
  • Accounts Payable
  • Accounts Receivable
  • Budgeting
  • Fixed Assets
  • General
  • General Ledger (GL)
  • Inventory
  • Job and Project Costing
  • Manufacturing
  • Multinational Accounting
  • Order Entry
  • Payroll
  • Technology
Although the SBS model does not look simple, there is nothing particularly complex about it—major business processes are described at a basic level, and anyone who is looking for a software solution for their small business can easily include only the functionality he or she needs and eliminate whatever is not required via the prioritization function, with multiple levels of priority that can be assigned to certain features and functions. Also, in order to make it easier for end users, we have substantially reduced the total number of functional criteria without losing overall quality, and we’ve simplified the tree structure. 

Our revised Small Business Software model is already available for use. We invite you to use the TEC Adviser tool to evaluate small business software solutions and simplify your selection process.

Please do not hesitate to leave your comments or questions about TEC’s new SBS model below.
 
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