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SAP Users Speak Out on Credit and Collections Shortcomings
A recent survey of companies which have implemented SAP Accounts Receivable reveal more than a few areas where the system failed to deliver. Although nearly all

account article receivable  who have implemented SAP Accounts Receivable revealed more than a few areas where the system failed to deliver. We undertook the survey in response to a client inquiry regarding SAP A/R module implementations and possible effects on Days Sales Outstanding (DSO) metrics. DSO, a measure of a company's ability to collect its receivables, is computed in various ways, though we defined it as DSO = (Accounts Receivable*365 Days) / (Total Revenues). Companies participating in the survey belonged to a broad range Read More...
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Documents related to » account article receivable


Accounting Software Selection Challenge #3: Microsoft vs. Infor (Difficulty = Basic)
I just want to make a quick point to address a popular software selection misconception. Here’s the misconception:  “The best accounting package for my business

account article receivable  Software Selection Challenge #3: Microsoft vs. Infor (Difficulty = Basic) I just want to make a quick point to address a popular software selection misconception. Here’s the misconception:   “The best accounting package for my business is the software that supports the most comprehensive breadth of accounting functionality.” And below are a couple of graphics from TEC Advisor  (based on a hypothetical accounting software selection project) that show why this is flat-out wrong (click to Read More...
Agresso + CODA, VITA + Link (+ CODA 2go): What's the Sum? (Part 1)
Over the last few years I have produced a number of articles and blog entries on two once-independent and occasionally competing products: Agresso Business

account article receivable  and flexible chart of account [COA ] design, unified ledger design, etc.), and a fully integrated “opportunity to cash” accounts receivable (A/R ) process. The process entails the following sub-processes: invoicing from opportunity, credit management (dashboard-based credit analysis and rating), aging and collection, and cash allocation. These A/R processes support multi-sales ledger and multi-currency capabilities. Future product deliveries will focus on the “purchase to pay” process (i.e., requ Read More...
Sage Summit’s Cloud Mobile and BI Solutions Bonanza
At the recently held annual Sage Summit 2013 partner and customer conference, Sage did what a company of its stature (and that is still being in a transition of

account article receivable  portal to manage their account and make payments instead of placing calls to customer service or sales. Reducing the time and expense of filing and storing paper invoices, reduced days sales outstanding (DSO), and receiving payments faster than receiving paper checks are some of the potential benefits. New BI Tools SMBs must also make faster and more accurate course corrections, unveil new opportunities, and adapt to the changing market and business landscape with ease and proficiency. Thus, Sage also  a Read More...
NetSuite Plays BPO
NetSuite announced the launch of the NetSuite BPO Partner Program, designed for partners who provide business process outsourcing (BPO) or business process as a

account article receivable  core financials, such as accounts payable (AP) and accounts receivable (AR) functionality, NetSuite has built-in reporting and analytics capability that allows BPO providers to offer an integrated record-to-report service to clients. NetSuite also offers a broad range of specialized functionality, such as native Revenue Recognition and Recurring Billing, which with other solutions often must be bolted on, resulting in higher costs to the BPO provider.   Also strong is the unified billing engine for mix Read More...
The Path to ERP for Small Businesses - Part 1: The Research
Most consultants agree that there are three stages that precede a software implementation project: research, evaluation, and selection. This three-part article

account article receivable  Path to ERP for Small Businesses - Part 1: The Research When looking for business software, small companies might fall into the trap of being selected instead of selecting vendors. This usually happens because small companies do not allocate extensive time and resources to the process and do not have selection methodologies, which help decision makers select a product without further investigation. Not every company takes advantage of a sound software selection methodology. The good news is that other Read More...
Should North Americans Send More Software Development Work to China?
This article discusses the risks and opportunities related to outsourcing software development to China. It concludes that China, as an outsourcing destination,

account article receivable  In fact, embedded software accounts 2/3 of the $10 billion software export that China accomplished in 2007 [1] . Moreover, China's outsourcing business is doing exceptionally well in Japan. In 2007, over 65% of the country's software outsourcing workload was sent to China. [2] Based on these achievements, it's clear that China certainly wants to increase its share in more software sectors and in a wider geographic range. The question is Should North America accept what China wants to offer in the Read More...
Vertically Focused ERP for Today's Manufacturer
I recently came across an interesting article on enterprise resource planning (ERP) software experience—a case study of the selection and implementation of EFI

account article receivable  Focused ERP for Today's Manufacturer I recently came across an interesting article on enterprise resource planning (ERP) software experience—a case study of the selection and implementation of EFI Radius ERP software by a family-owned packaging and printing company named KDV Label Co. This article outlines the need for a new vertically focused solution for a modern manufacturing business and is of value to anyone remotely interested in a new ERP system. Despite developing and delivering Read More...
Service Supply Chain Strategies to Increase Corporate Profitability
This article describes the unique challenges of the service supply chain, provides a framework for understanding the service management decision hierarchy, and

account article receivable  Supply Chain Strategies to Increase Corporate Profitability Abstract The last decade has witnessed a substantial shift in emphasis on the part of many OEM manufacturers, from a focus on the products they produce to a concentration on their customers and the value that their customers derive from ownership and use of these products after the initial product sale. The importance of service is made clear in a recent AMR survey 1 of manufacturing companies which revealed that service represents 24 Read More...
KronosWorks 2011: Beyond Time Clocks for Modern Workforce Management
Kronos, the company that introduced the first micro-processor time clock in the 1970s, knows how tricky workforce management (WFM) can be. In this article, TEC

account article receivable  tasks, they may not account for the time before or between these tasks, which can be a serious drain on productivity.   Back to KronosWorks 2011 Kronos Workforce Central , the company’s flagship business management software suite, enables personnel managers to track crucial variables such as vacation, sick time, and overtime. The software also helps businesses comply with local, state, and federal labor laws and union contracts. With the goal of controlling labor costs and improving employee Read More...
Nothing Succeeds Like Success(Factors) - Part 3
Part 1 of this series introduced SuccessFactors, a public provider of software as a service (SaaS) talent management solutions. The article first analyzed the

account article receivable  Succeeds Like Success(Factors) - Part 3 Part 1 of this series introduced SuccessFactors , a public provider of  software as a service (SaaS)   talent management  solutions. The article first analyzed the vendor’s evolution from its traditional People Performance realm to the seemingly more opportune Business Execution (BizX) province. Then the article talked about SuccessFactors’ diverse product editions (tailored to satisfy companies of all sizes) and detailed the two core modules of the Read More...
NetSuite Launches SAP Business ByDesign Sunset Migration Program
After a recent article from the German business magazine Wirtschaftswoche revealed that SAP plans to halt development of Business ByDesign, NetSuite was quick

account article receivable  Launches SAP Business ByDesign Sunset Migration Program After a recent article from the German business magazine Wirtschaftswoche revealed that SAP plans to halt development of Business ByDesign, NetSuite was quick to announce a program that will allow SAP Business ByDesign customers to migrate to NetSuite for one year free, with free data migration. Information regarding the terms of the program are available on NetSuite’s website . There’s a saying that you don’t want to kick a horse when Read More...
Legal Considerations in E-commerce
Doing business on the Internet can involve some tricky legal issues. This article will help you understand the kinds of information you need to provide to your

account article receivable  Considerations in E-commerce Legal Considerations in E-Commerce Anthony E. Perkins, Esq. and Dennis P. Geller, Ph.D. December 9th, 1999 Guest Analyst: Anthony E. Perkins is an Attorney and a Principal with TechVentures Group, LLC., a business advisory group focused on technology-oriented businesses and ventures seeking expert assistance and information on starting, growing, selling, merging or financing their companies. Can They Do That? I sent them an e-mail and the next time I looked at their Read More...
The Lexicon of CRM - Part 2: From J to Q
C.R.M. itself is an acronym, standing for Customer Relationship Management. This is part two of a three-part article to provide explanation and meaning for

account article receivable  Lexicon of CRM - Part 2: From J to Q The Lexicon of CRM Part 2: From J to Q R. Garland - October 19, 2001 The Lexicon is divided into three parts, this being the second of three. This second section covers the alphabet from J to Q. For A to I, see Part One . J  J2ME - Java 2 Micro Edition . A highly optimized Java runtime environment targeting a wide range of consumer products, including pagers, cellular phones, digital set-top boxes, and car navigation systems. JDBC - Java Database Connectivity . Read More...

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