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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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Visit the TEC store to compare leading software solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 accounting functional requirements


Essential ERP - Its Functional Scope
ERP applications are designed to optimize an organization's underlying business processes - accounting/financial, manufacturing, distribution, and human

accounting functional requirements  multiple sources (other than accounting modules) and have access to a rich set of predefined performance indicators and strategic applications such as strategic planning/forecasting and balanced scorecard. Vendors are enriching budgeting and reporting functions with more flexibility, integrated decision support tools, and interfaces with decision support system (DSS) packages, like Cognos and Business Objects. Multinational capabilities (Euro compliance, increased support of multinational requirements, et

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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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Documents related to » accounting functional requirements

The 2011 Buyer's Guide to Accounting and Financial Software


Too often, finance professionals must contend with outdated financial and accounting systems that present spiraling overhead costs, functional limitations, and unnecessary risks. And that makes it challenging for them to respond to complex business issues such as frequent regulatory change and increased compliance challenges--as well as requirements for visibility across multiple entities, currencies, and tax and regulatory frameworks. Download this buyer guide for a comprehensive overview of how cloud computing can help, including a handy chart comparing software delivery models and vital tips for evaluating cloud solutions for finance and accounting.

accounting functional requirements  with outdated financial and accounting systems that present spiraling overhead costs, functional limitations, and unnecessary risks. And that makes it challenging for them to respond to complex business issues such as frequent regulatory change and increased compliance challenges--as well as requirements for visibility across multiple entities, currencies, and tax and regulatory frameworks. Download this buyer guide for a comprehensive overview of how cloud computing can help, including a handy chart comp Read More

Your Reference Guide to SMB Accounting Software Features


This reference guide provides insight into the accounting features and functions currently available on today's market for small to medium businesses (SMBs). It will help you determine which features your organization needs—and doesn't need.

accounting functional requirements  notice that we've grouped accounting features by broad category. These categories correspond to a high-level functional breakdown of software features. In this reference guide, we provide a brief explanation of how each category impacts your accounting processes. If you'd like more information about a full listing of accounting software features and functions, please visit TEC's RFP Templates page. Reference Guide to SMB Accounting Software Features 1. General Ledger Chart of Accounts The chart of account Read More

Best-of-breed Approach to Finance and Accounting


CODA's savvy accounting and financial offerings include budgeting, forecasting, scorecards, and tools that use Microsoft Excel spreadsheets collaboratively and securely. However, CODA must defend its narrow specialist and best-of-breed approach against larger-scale integrated enterprise system offerings.

accounting functional requirements  offerings for financial and accounting departments, CODA has been aware of the limited opportunity scope that can come from targeting only one or two functional departments within any user enterprise (which might likely need a more comprehensive enterprise solution). One way of extending the opportunity has been via partnerships with manufacturing- and distribution-oriented enterprise applications providers that have only adequate financial management capabilities. As a result, CODA recently announced tha Read More

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

accounting functional requirements  businesses consider when selecting accounting packages for lean environments? Based on the information I gathered during the summit, there are nine major functional requirements for a lean manufacturing business: The software must 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, t Read More

Accounting Seed


Accounting Seed has developed a native application exclusively for the cloud Salesforce.com platform, that integrates accounting and enterprise resource planning (ERP) with customer relations management (CRM), seamlessly and securely under one roof, and visible to users on a single dashboard. Accounting Seed delivers a real-time, 360-degree view of a business, accessible by smartphone, tablet, or any computer, anywhere in the world.

accounting functional requirements  Seed Accounting Seed has developed a native application exclusively for the cloud Salesforce.com platform, that integrates accounting and enterprise resource planning (ERP) with customer relations management (CRM), seamlessly and securely under one roof, and visible to users on a single dashboard. Accounting Seed delivers a real-time, 360-degree view of a business, accessible by smartphone, tablet, or any computer, anywhere in the world. Read More

Assessing the Impact of Poor Requirements on Companies


To accurately assess the impact that requirements have on businesses, IAG surveyed over 100 companies. What they found was that less than one-third were properly equipped to define their software requirements, and that suboptimal requirements consumed around 41.5 percent of the IT development budget. Find out what it takes to ensure your organization doesn’t fall on the wrong side of this business requirements equation.

accounting functional requirements   Read More

Meet PCI DSS Compliance Requirements for Test Data with Data Masking


Whether you’re working toward your first or your next payment card industry (PCI) data security standard (DSS) audit, you know compliance is measured on a sliding scale. But full compliance can’t be achieved with just one policy or technology. Using data masking, a technology that alters sensitive information while preserving realism, production data can be eliminated from testing and development environments. Learn more.

accounting functional requirements   Read More

Food Safety Plans: New Requirements for Registered Facilities


The passage of the Food Safety Modernization Act in January 2011 will have a significant impact on how registered facilities document their hazard assessment, verification, and monitoring activities. But by beginning to think about and plan for the new requirements now, the industry will be able to maintain continuous compliance and ensure minimal disruption as new regulations come into effect.

accounting functional requirements  food safety modernization act,food laws,food fda,food safety act,what is the food safety act,the food safety act,act food safety,food safety bill,food and safety bill,food safety laws,fda safety,bill passed by congress,food safety legislation,legislation passed by congress,food modernization Read More

Analyst Reports: Pricing and Requirements Profile


TEC’s Pricing and Requirements Profile report gives you an idea of what your company can expect to pay for a particular type of enterprise software solution. Think of it as a custom buyer’s guide, developed specifically for your organization.

accounting functional requirements   Read More

FinancialForce Accounting


FinancialForce Accounting™ is a simple, yet powerful, accounting application that is straightforward to learn, easy to implement, and trouble-free to maintain. It complements Salesforce customer relationship management (CRM), helping to bring back office data to the front, eliminating data silos, and allowing companies to align sales, service, and finance on a single cloud platform. FinancialForce Accounting enables more efficient accounting processes, shorter period closes, and sharper financial reporting.

accounting functional requirements  PSA & FinancialForce Accounting PDG Group Model 974 Read More

Executive Guide to Business and Software Requirements


The concept of getting business requirements right sounds straightforward. However, flawed requirements trigger 70 percent of project failures. The larger the number of stakeholder groups involved, and the more complex the processes, the more likely a project will fail. Success in large projects is not just about completeness, but also about getting complete requirements information early in the development process.

accounting functional requirements   Read More

Runaway Product Requirements: Taming the Chaos of Product Management


Product managers have seen their workloads rise exponentially. Their core assignment—setting out clear specifications for product revisions and innovations—has grown chaotic. What’s missing is a comprehensive repository of requirements, assignments, analyses, and project status that enables coordinated execution by all of the players involved. Find out how to bring that kind of transparency to your development processes.

accounting functional requirements  Accept Software,project management,collaboration,product life cycle management,performance management,product development,product manager,product design,project management software,online project management software,product management,product marketing,new product development,new product development process,project management tools Read More

Federal Contract Management and Vendors' Readiness Part Three: Meeting Federal Requirements


Companies that are not already offering the capabilities of meeting the exacting, stringent requirements of federal agencies will likely not be able to tap the recent surge in the federal and defense markets. Conversely, those vendors and their users--government contractors--who can deliver comprehensive solutions that satisfy the requirements of federal agencies are in the driver's seat to capture that market segment.

accounting functional requirements  depicted government-oriented manufacturing and accounting capabilities (i.e., work breakdown structure (WBS) with native earned value measurement (EVM), some companies require an ability to track every product, each of its subassemblies or parts, and its stage in the production cycle, as a prerequisite to production efficiency and profitability, which is especially true for contracting MRO organizations. Additionally, the ability to store and access quality tests history data on an ongoing basis and Read More

Deacom Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Mixed-mode 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 mixed-mode manufacturing in the ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

accounting functional requirements  Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Mixed-mode 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 mixed-mode manufacturing in the ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More