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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

accounting definitions  be capable of handling accounting processes according to value streams . This includes value-stream mapping, and value-stream–based metrics, income statements, cost numbers, profitability, and capacity analysis. Since value streams for each company or subdivision are unique, the software should be flexible enough to accommodate all possible value-stream definitions and to make necessary changes down the road if required. In addition to traditional costing methods, lean accounting software should be Read More
Discrete 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 or...
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Documents related to » accounting definitions


The move to IFRS and XBRL
IFRS is an accounting standard dealing with global financial reporting. XBRL is an electronic language describing financial data according to global standards

accounting definitions  to establish a global accounting rulebook, now known as the IFRS. Today, IFRS is a fiscal reporting standard that is the government reporting rulebook in over 120 countries. Where IFRS is standardized, a financial statement or financial document prepared in any one of the 120 countries can be fully understood and accepted by any one of the other countries. As the number of membership countries using IFRS grew, it was recognized that a financial computer language would offer significant benefits to: Read More
Infor Infinium HCM
Infor HCM is a web-enabled human capital management system that is used to turn human resources (HR) into competitive advantage. This HR software

accounting definitions  ssa erp,compare oracle ssa,ssa global technologies,ssa gt,ssa,accounting analyze ssa,ssa crm,ssa bpix,ssa global failure stories,ssa bpics,ssa bpcs,ssa software,ssa plm,ssa pdm solidworks,ssa bpcs ifs Read More
Enterprise Software: What to Expect When You're Expanding
Everyone wants their business to grow, to broaden its operations within a territory or country and, eventually, across borders to other countries and continents

accounting definitions  and forward to the accounting department a stack of physical documents in government-approved format simply to transfer materials from one warehouse to another warehouse, or to issue materials into production. These documents are strictly mandatory within Russia, but are not required elsewhere. The only way to accommodate this requirement is by modifying your existing system or acquiring localized software that naturally supports this functionality. Even small differences in how a business process is Read More
The Dawn of the GRC Era for XBRL


accounting definitions  the International Standards of Accounting and Reporting (ISAR) group of the United Nations’ Council on Trade and Development (UNCTAD). The major contributors to an XBRL taxonomy for GRC can contribute to the development of  five defining domains, as follows: common financial and operational risk controls corporate social responsibility and transparency metrics issue and incident management taxonomy performance management reporting corporate policy and organizational strategy taxonomy The Read More
How to Choose an Accounting System
The challenges to successfully choosing, installing, and implementing new accounting software are many. But so are the opportunities—to gain greater control of

accounting definitions  to Choose an Accounting System The challenges to successfully choosing, installing, and implementing new accounting software are many. But so are the opportunities—to gain greater control of your organization’s financial affairs, to make better decisions, and to improve cash flow, among others. This guide describes the six steps to successfully selecting accounting software. Read More
2011 Buyer's Guide to Accounting and Financial Software
Learn more about theadvantages of the new generation of finance and accounting systems in The 2011 Buyer's Guide to Accounting and Financial Software...

accounting definitions  Buyer's Guide to Accounting and Financial Software 2011 Buyer's Guide to Accounting and Financial Software Is your organization using antiquated financial and accounting software? The answer is likely yes. Virtually every major financial and accounting solution can trace its roots to the late 1980s transition from DOS to Windows. Modern finance and accounting systems are now designed for today's Internet-driven, always-on, always-connected, fast-changing world. Learn more about the advantages of the Read More
WineDirect Acquires Winery Accounting and POS Provider
WineDirect announced that it has acquired Elypsis Winery from Admiral IT. Headquartered in Napa Valley, CA, WineDirect provides sales technology and fulfillment

accounting definitions  Acquires Winery Accounting and POS Provider WineDirect announced that it has acquired Elypsis Winery from Admiral IT. Headquartered in Napa Valley, CA, WineDirect provides sales technology and fulfillment services for wineries. Elypsis offers a range of services encompassing enterprise resource planning (ERP), point of sale (POS), and customer relationship management (CRM). WineDirect already provided a broad range of services to help wineries sell more wine direct to consumer (DTC), including Read More
Deacom Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Process ERP Certification Report
The Deacom product Deacom Integrated Accounting and Enterprise Resource Planning Software System (v.10.4) is now TEC Certified for online evaluation of

accounting definitions  Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Process ERP Certification Report The Deacom product Deacom Integrated Accounting and Enterprise Resource Planning Software System (v.10.4) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for process manufacturing in the ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More
Accounting for SMB Showdown
I'm Larry Blitz, editor of TEC's Vendor Showdown series. Today's Showdown pits two major enterprise resource planning (ERP) and accounting for small to midsized

accounting definitions  Accounting for SMB Showdown Accounting for SMB Showdown I'm Larry Blitz, editor of TEC's Vendor Showdown series. Today's Showdown pits two major enterprise resource planning (ERP) and accounting for small to midsized business (SMB) vendors against each other, head-to-head: Exact Software North America (a division of Exact Software ) and Infor . Our regular readers will notice that this Showdown features a new format. Instead of looking at three vendors and at functionality only, this time we're taking Read More
Integrity and Reliability = Trustworthy Accounting: Are You Sure You're Balanced?
Recent accounting scandals, highlighted by cases at Enron, Arthur Andersen, WorldCom, and Qwest, have emphasized the need for corporate governance, especially

accounting definitions  Sure You're Balanced? Recent accounting scandals, highlighted by cases at Enron, Arthur Andersen, WorldCom, and Qwest, have emphasized the need for corporate governance, especially responsible corporate accounting. Not only must businesses use responsible accounting methods, but they must know that their methods are accurate. Small and mid-sized businesses must know the limitations of their current accounting software; understand the possible ramifications of system accounting balance failure; and take Read More
Top Accounting Software Comparisons 2010
To find out, simply use TEC's Accounting Software Comparison Reports to compare any three accounting solutions of yourchoice.

accounting definitions  Accounting Software Comparisons 2010 There were a lot of new accounting solutions introduced or updated in 2010, and here's your chance to compare them—quickly and easily. Some of the big names include NetSuite, SAP, Microsoft, Cougar Mountain Software, Sage, Pronto Software, Deltek Software, Exact, Intuit, UNIT4, and Open Systems Inc.—but there are dozens more top systems from lesser known brands. Which one is best for your organization? To find out, simply use TEC's Accounting Software Comparison Read More
4th Quarter Accounting Software
4Q is specially engineered to support the development of custom software using the 4th Dimension® (4D) database environment. 4th Quarter’s patented

accounting definitions  Quarter Accounting Software 4Q is specially engineered to support the development of custom software using the 4th Dimension® (4D) database environment. 4th Quarter’s patented accounting engine provides GL, AR, AP, Checking, Order Entry, Inventory, Financial Reporting, DB Administration, and Payroll functions to any custom-written 4D-based business application. The 4th Quarter family of products include 4Q Shell, 4Q Core, 4Q Full, and 4Q Job Costing. All versions run “out of the box,” without Read More
Accounting Seed
Accounting Seed Financial Suite is an accounting and ERP application that is native to the force.com platform and fully integrated into Salesforce CRM. The

accounting definitions  Seed Accounting Seed Financial Suite is an accounting and ERP application that is native to the force.com platform and fully integrated into Salesforce CRM. The application was designed by a team of certified public accountants, Force.com developers, and business process consultants. Accounting Seed Financial Suite is a horizontal offering providing all industries with a back-office accounting suite that includes project accounting, ERP, and robust financial reporting. Read More
POLL: Is Cloud-based Accounting/Financial Software Right for You?
TEC is preparing a new Financial Packages Buyer’s Guide, and we’d like to hear your thoughts on cloud-based finance and accounting software. Your responses to

accounting definitions  on cloud-based finance and accounting software. Your responses to the questions below will help us keep the guide focused on the needs of real-world accountants, financial managers, IT specialists, and other professionals. {democracy:70} {democracy:71} {democracy:72} {democracy:73} {democracy:74} Thanks for taking the time to participate in this TEC poll. The Financial Packages Buyer’s Guide is due out in December. We’ll make an announcement on this blog as soon as it’s published. BEGINLYX Read More

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