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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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 absorption costing


Caution! Will A Traditional ERP System Help You Deliver Projects?
Companies who build specifically for a customer have unique requirements that are often not understood or dealt with well by some ERP vendors, particularly in

absorption costing  of plant, equipment and absorption of overheads. Project manufacturers have just as complex- but an entirely different- planning problem. As such they need a system that thinks in applied effort, can plan for items outside the control of the company, is clear to understand, and is flexible enough to cope with rapidly changing priorities and circumstances. Financials The differences between volume manufacture and project manufacture appear, even in the accountancy and financial processes. In accounting,

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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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The Profitability Perspective: How Automated Reporting Drives Better Decisions


Driving sustainable growth requires profitability-focused planning and performance management. Most companies have some type of profitability reporting—but many are investing a lot of effort to produce this information. And the limitations to the information companies currently compile may have a significant impact on decision making. Learn how automating profitability reporting can help your company improve decisions.

absorption costing  activity-based costing or full absorption costing methodologies, the majority tend to use a combination of several methods (see Figure 4). Figure 4 Many organizations start by modeling costing in spreadsheets, but they soon realize this process is not sustainable. As organizations endeavor to better understand and assign costs, general ledger systems and even more formal business intelligence (BI) reporting systems do not deliver the granularity organizations require to determine true profitability. As a Read More

Reflections on Lean Philosophy and the Theory of Constraints


The theory of constraints (TOC) is similar to, yet different from, the lean philosophy. TOC focuses on optimizing production through critical bottlenecks in order to meet market demand.

absorption costing  many items, the full absorption costing was the exact opposite of what one would expect from TOC in terms of realizing increased throughput. Outside expertise often helps with both the required change in mindset, and the more technical aspects of TOC. Thus, it is highly recommended that system experts and TOC experts are not the same people. Is There Something Simpler that Might Work? As you can see, a full-fledged TOC deployment requires certain thinking process tools, which are important in identifying Read More

When EDI Goes Native, Everything Falls in Sync with IQMS


IQMS's IQ EDI module is a natively-built solution that deals with the complexities of data synchronization among EDI documents and eliminates the need for third-party translators.

absorption costing  of plant, equipment and absorption of overheads into account. Both have their complexities. This concludes Part Five of a six-part note. Part One presented the company background. Part Two began a discussion of the market impact. Part Three continued the discussion presented more product differentiation. Part Four covered the single database system and quality management. Part Six will present challenges and make user recommendations. Read More

ERP Systems and the ETO Manufacturing Market Part Three: User Recommendations


Companies that are project manufacturers, engineer-to-order (ETO), build-to-order, jobbing shops or contract manufacturers should think carefully when selecting an enterprise resource planning (ERP) system. Given the maturity of the ERP market, its ongoing consolidation, and that fact that competitive advantage is hard enough for manufacturers to find, they should not compromise on their requirements.

absorption costing  of plant, equipment and absorption of overheads into account. It is to say that project manufacturers have just as complex albeit an entirely different planning problem. As such they need a system that thinks in terms of applied effort, can plan for items and activities outside the bounds of the company, is clear to understand, and is flexible enough to cope with rapidly changing priorities and circumstances. This is Part Three of a three-part tutorial. Part One defined the terms and provided background Read More

NetSuite: Discrete Manufacturing (ERP) Competitor Analysis Report


The discrete enterprise resource planning (ERP) knowledge base addresses discrete manufacturing (distinct items such as auto parts or chairs) as well as non-manufacturing industries. Research vendors that support a range of functionality for production planning, shop floor control, and product costing. The knowledge base also provides information on financials, human resources, and other enterprise management modules.

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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.

absorption costing  Multisite Costing Challenge and Solution ERP Multi-site Costing Challenge and Solution If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. VISIBILITY.net is a fully integrated enterprise resource planning (ERP) solution for complex product manufacturers. Through a suite of business applications, VISIBILITY.net enables organizations to significantly optimize business effectiveness and performance. Designed to support operational Read More

Dynacom ERP: ERP for SMB Competitor Analysis Report


The accounting and ERP for small and medium businesses (SMB) evaluation model targets functional requirements for a fully featured accounting solution. In addition to supporting accounting requirements, it is applicable for those researching an ERP system suitable for small and medium businesses (SMB). It includes categories such as General Ledger, A/P and A/R, Payroll, Job and Project Costing, Multinational Accounting, Manufacturing, Inventory, Technology, and much more.

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Aquilon ERP: ERP for SMB Competitor Analysis Report


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Choosing the Right ERP System: How to Avoid the Seven Fatal Flaws


Many process manufacturers are realizing that their production, inventory control, planning, scheduling, and costing systems are no longer adequate to support their business objectives. But replacing those systems with an enterprise resource planning (ERP) system can be difficult when so many ERP systems were designed for discrete, not process manufacturing. Learn how you can avoid the seven fatal flaws of ERP selection.

absorption costing  the Right ERP System: How to Avoid the Seven Fatal Flaws Many process manufacturers are realizing that their production, inventory control, planning, scheduling, and costing systems are no longer adequate to support their business objectives. But replacing those systems with an enterprise resource planning (ERP) system can be difficult when so many ERP systems were designed for discrete, not process manufacturing. Learn how you can avoid the seven fatal flaws of ERP selection. Read More

iScala: Discrete Manufacturing (ERP) Competitor Analysis Report


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WinMan: ERP for SMB Competitor Analysis Report


The accounting and ERP for small and medium businesses (SMB) evaluation model targets functional requirements for a fully featured accounting solution. In addition to supporting accounting requirements, it is applicable for those researching an ERP system suitable for small and medium businesses (SMB). It includes categories such as General Ledger, A/P and A/R, Payroll, Job and Project Costing, Multinational Accounting, Manufacturing, Inventory, Technology, and much more.

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SWKTECH


SWK Technologies is a business application and consulting company providing strategies and solutions to meet our clients’ information and business management needs. As a Sage Software Authorized Business Partner, Sage Certified Gold Development Partner, Sage Certified X3 Partner and Sage Authorized Training Center, SWK Technologies offer best-of-breed solutions for accounting and business management, financial reporting, ERP, CRM, job costing, EDI, and warehouse management.

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DEACOM ERP: Mixed-Mode Manufacturing (ERP) Competitor Analysis Report


The mixed-mode manufacturing ERP knowledge base addresses diverse criteria for multiple types of production environments and strategies. Companies that need to switch production without interrupting their operations may seek both discrete and process manufacturing requirements of their ERP solution. These may include mixing, separating, forming, or performing chemical reactions, as well as functionality for production planning, shop floor control, and product costing.

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9 Things to Look For in Lean Accounting Software for Manufacturers


I attended the Lean Accounting Summit in Orlando in September, and I’m still struck by the totally different attitudes of companies that choose lean transformation versus conventional non-lean companies. Lean thinking certainly isn’t new to the business community, but many managers and business influencers still have no clear understanding of lean. They typically pick and choose their lean

absorption costing  Things to Look For in Lean Accounting Software for Manufacturers I attended the Lean Accounting Summit in Orlando in September, and I’m still struck by the totally different attitudes of companies that choose lean transformation versus conventional non-lean companies. Lean thinking certainly isn’t new to the business community, but many managers and business influencers still have no clear understanding of lean. They typically pick and choose their lean manufacturing tools, and ignore other lean Read More