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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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 a literature review on erp


ERP Systems Buyer’s Guide
The implementation of an enterprise resource planning (ERP) system to automate business processes is a strategic investment. Buying the right system and

a literature review on erp  sales people is not a beneficial methodology for comparing ERP packages. On the contrary, depending solely on sales literature can lead to selecting the wrong solution. Thus, it is imperative to follow a systematic and scientific approach to ERP package selection. Key Steps to Purchasing an ERP System: Carry out an exhaustive requirement analysis and build a case for need of an ERP system. Do a comprehensive assessment of your existing business processes and the scale of operations to identify the need

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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

Process 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, human resources) and include, with varying degrees of acceptance and skill, many solutions that were formerly considered peripheral (product data management (PDM), warehouse management, manufacturing execution system (MES), reporting, etc.). While 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 old adage is "Such a beginning, such an end", and, consequently, many ERP systems' failures could be traced back to a bad software selection. The foundation of any ERP implementation must be a proper exercise of aligning customers' IT technology with their business strategy, and subsequent software selection. This is the perfect time to create the business case and energize the entire organization towards the vision sharing and a buy in, both being the Key Success Factors (KSFs). Yet, these steps are very often neglected despite the amount of expert literature and articles that emphasize their importance.    

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Documents related to » a literature review on erp

ERP Multisite Costing Challenge and Solution


Significant management issues posed by multisite manufacturing environments include optimizing resource use at each site and delivering the lowest possible cost for each stage in the product manufacturing cycle. To facilitate meaningful results in achieving these requirements, enterprise resource planning (ERP) software must thus provide the right tools for ensuring that multisite processes come up to “best-in-class” standards.

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Software Selection: An Approach


Selecting package software can have long-term benefits or long-term regrets. To avoid the latter, your approach needs to be sound, logical, and prudent. It also has to be completed in your lifetime. Read about an approach to software selection that helps an organization get to the primary objective of identifying the best software solution quicker but with the necessary due diligence.

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TEC 2015 HCM for Midsize Enterprises Buyer's Guide


The midsize enterprise is not a uniform concept. It takes several forms that require different levels of software capabilities and robustness. In particular, the human capital management (HCM) software requirements of smaller midsize companies (100–1,000 employees) and larger midsize companies (1,000–5,000 employees) vary considerably. Some vendors specialize in one of these two major segments, while others offer reduced versions of their enterprise class solutions to smaller mid-market clients.

This buyer’s guide examines the high-level features and functions offered by HCM software providers that target midsize businesses. It discusses how different HCM solutions make more or less sense to midsize companies according to the number of people that they employ. It focuses on the importance of core HR functionality and best practices for growing other HCM areas within a company, such as talent management, learning management, or workforce management. The discussion is based on a review of the current literature and conversations with both vendors and end users.

This buyer’s guide specifically examines HCM strategy and supporting software solutions for the various scales of midsize enterprises; what smaller midsize companies can learn from larger midsize companies, and vice versa, in terms of best practices, core HR processes, and beyond (i.e., talent, learning, and workforce management); and innovative HCM technologies and how they benefit a company’s HCM strategy.



Table of Contents


About this Guide

Foreword

HCM for Midsize Enterprises

HCM Technology and Strategy for the Midsize Business at Different Scales

HCM Best Practices for Midsize Businesses


Product Comparison

Innovation in HCM Technology: Niche Vendors

TEC Resources

Casebook

BambooHR Customer Success Story: BambooHR Helps Beans & Brews Consolidate and Streamline Processes and Paperwork

Cornerstone OnDemand Customer Success Story: Retaining Employee Culture Amid Company Growth

FinancialForce.com Customer Success Stories: Ahead Streamlines Processes, Increases Transparency and Collaboration with FinancialForce


HRIZONS Customer Success Story: Phoebe Putney Health System (PPHS): Partnering with HRIZONS and Oracle Taleo to Realize and Evolving Vision of Integrated Talent Management

Thought Leadership sponsored by IBM: Smarter Compensation Enables a Smarter Workforce

InfiniSource Customer Success Story: Employee Administration Simplified with Infinisource

Infor Customer Success Story: Infor Helps Hillsborough County Public Schools Enhance Teacher Effectiveness

Thought Leadership sponsored by Infor: Demystifying HCM Talent Analytics: Turning Data into Predictive Team Fit Insight

Zenefits Customer Success Story: A Modern Broker, For a Modern Business


Vendor Directory

About the Author


Download the full copy of the TEC 2015 HCM Buyer’s Guide for Midsize Enterprises.



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HCM for Midsize Enterprises



The midsize enterprise is not a uniform concept. It comes in many forms that require different levels of software capabilities and robustness. Discussions on human capital management (HCM) led by both software vendors and users typically distinguish between smaller midsize companies and larger midsize companies. But where do we stop talking midsize small and begin talking midsize large? At which point does an organization’s perception of itself change from fitting the smaller scale of the midsize range to fitting the larger midsize scale in this range? And similarly, how do HCM technology vendors define and respond to the nuances of the midsize enterprise spectrum?

When vendors attempt to orient their strategies and products to fulfill customers’ business needs, they base this on the knowledge that companies of different sizes have different expectations. HCM software vendors typically classify companies according to the number of people they employee, as this indicates the number of users of the HCM software within a company, and segmenting customers by number allows vendors to better predict and address their customers’ HCM and needs.

However, organizations tend to put the weight on this vendor-based categorization, as vendors usually have their own perception of company size that doesn't correlate with how other parties view size differentiations. For instance, some vendors classify a 250-employee organization as a small to medium business (SMB), while the organization itself may think of itself as mid-size. This can create tensions between vendors and customers, as, for example, a vendor may offer minimal functionality for SMBs, while the 250 employee organization may be looking to develop fairly elaborate talent management strategies.

Most mid-size organizations follow similar standards and processes to run their human resources (HR) operations and strategies, as the principles and core functionality remain the same across organizations and they can work with already existing business best practices. However, functionality requirements vary from one industry to another and, moreover, from one company to another (even within a given sector). For instance, a high tech company with 1,000 employees is more likely to need talent management to attract and retain highly qualified engineers than a retail company with the same number of employees. In the case of retail organization, optimal scheduling ranks higher in priority.



Download the full copy of the TEC 2015 HCM Buyer’s Guide for Midsize Enterprises.

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The Changing Face of CRM


The recent economic slowdown has illustrated how interwoven our global economies really are. The demands to increase enterprise performance has accelerated. Whether it’s to find new opportunities to increase or maintain market share, or to generate new revenue opportunities, each of these areas represent additional challenges in fulfilling customer expectations and demands. A greater

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Sage 100 Standard ERP (v. 4.5) for Mixed-mode Manufacturing ERP Certification Report


Sage 100 Standard ERP (formerly Sage ERP MAS 90), v. 4.5, is TEC Certified for online evaluation of mixed-mode manufacturing enterprise resource planning (ERP) solutions 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.

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ERP System21


The Infor ERP System21 Workspace recognizes that the employee is often the most important factor in business process performance. The workspace is designed to provide a simple, user-friendly working environment, which completely integrates individual employees with the essential processes of their organization.  

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


Sage ERP X3 v.6 is now TEC Certified for online 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.

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Justification of ERP Investments Part Four: Replacing or Re-implementing an ERP System


An investment analysis focusing on enterprise resource planning (ERP) benefits frequently applies to those firms initially justifying an ERP implementation. It can also be used to justify a 're-implementation' when the initial efforts have failed to produce desired results. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

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2011 Trends Report: Enterprise Resource Planning (ERP)


Enterprise resource planning (ERP) automates many aspects of an organization’s operations, cascading across traditional boundaries of operations, finance, manufacturing, and more. As such, changes in the ERP market can cause a ripple effect in an organization’s business. In this report, five Focus experts share eight of their 2011 predictions for ERP, so you can plan your business around these changing tides and trends.

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CDC Ross ERP for Process Manufacturing ERP Certification Report


CDC Ross ERP is TEC Certified for online evaluation of process manufacturing enterprise resource planning (ERP) solutions 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.

a literature review on erp   Read More