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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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 accounting implementation failures


Fast-track ERP Implementation: Advice from the Field
The common perception is that top-tier enterprise software takes years to implement. This is true for more complex solutions. But other applications, when

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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 » accounting implementation failures

On-demand ERP in the Enterprise: A Practical CIO Guide to Implementation


Discover a framework for crafting a software-as-a-service (SaaS) strategy in your company. Examine key concerns such as data integrity, maintaining compliance, and ensuring proper process management, as well as approaches to help maximize your return on investment (ROI). A SaaS solution for your enterprise resource planning (ERP) or accounting system might be your ticket to improved business and application performance.

accounting implementation failures  Specialist | Software Service Accounting | Software Service Benefits | Software Service History | Software Service Ideas | Software Service Implementation | Software Service Applications | Software Service System | Software Service Service Provider | Software Service History | NetSuite Software Service | Read More

At Last-A Complete (and Successful) RFID Implementation


A radio frequency identification implementation is a major undertaking for any organization—a project with ample risk of failure. This entire series is a step-by-step guide to the process, with this final part including a comprehensive glossary of key terms for better understanding.

accounting implementation failures  solution that follows sound accounting principles and IT practices, and one that satisfies the operational component of the issue. A best practices plan should encompass the following: Train employees on the new system, with some learning troubleshooting techniques as well. Run systems in parallel to mitigate risk. Ensure that the scaled-back pilot implementation run was truly representative of the actual production environment, complete with supplier and item master information within the production envi Read More

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.  

accounting implementation failures  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. Read More

Compliance Exposures in ERP Systems Part 1


This paper examines key issues for CFOs and CEOs in managing ERP systems in the new world of SOX, IFRS, Basle II. While most IT management attention seems to be on document retention, reporting quality, and security, there are broader issues to be considered toward ensuring good governance and compliance with regulations such as Sarbanes-Oxley, IFRS and Basle II.

accounting implementation failures  10 erp systems | accounting erp systems | assessment compliance | based erp systems | basel compliance | benefits of erp | best erp system | best erp systems | between erp systems | business exposures | checklist compliance | chemical exposures | common erp systems | compare erp systems | comparing erp systems | compliance analysis | compliance business | compliance committee | compliance construction | compliance document | compliance environment | compliance epa | compliance evaluation | compliance Read More

Four Common ERP Implementation Mistakes


White papers offer no shortage of advice about what best practices can lead to enterprise resource planning (ERP) implementation success. But equally important is a thorough understanding of what practices are to be avoided during an implementation. This white paper reviews four “worst practices” that should be avoided at all costs—unless you want to go out of your way to cause your ERP implementation to fail.

accounting implementation failures  Common ERP Implementation Mistakes With IFS Implementation, you gain the maximum value for each solution you install based on IFS Applications. With pre-packaged, best practice accelerators from your industry, your new solution is up and running – on-time and on-budget. Using IFS Navigator, you maintain transparent visibility and control over your project. Source: IFS Resources Related to Four Common ERP Implementation Mistakes : Enterprise Resource Planning (ERP) (Wikipedia) Implementation Read More

Avoid the 8 Deadly ERP Implementation Sins


In ERP systems: how to avoid the 8 implementation sins, find out how to avoid the 8 deadly sins that bring down ERP implementations every daytakin...

accounting implementation failures  the 8 Deadly ERP Implementation Sins No one wants their enterprise resource planning (ERP) implementation to go badly, but unfortunately it happens all the time . So here's a white paper that can be a real ERP lifesaver. In ERP Systems: How to Avoid the 8 Implementation Sins , find out how to avoid the 8 deadly sins that bring down ERP implementations every day—taking resources, expectations, and careers along with them. A successful ERP implementation can provide better business intelligence, Read More

The Key to Successful ERP Implementation


A successful enterprise resource planning (ERP) solution can grow your business’ bottom line by increasing your company’s revenues and improving your company’s efficiencies. One of the most significant factors contributing to its success is the experience and support the vendor provides through its staff and implementation process. Read this white paper to learn how a thorough plan can guide you through the implementation process.

accounting implementation failures  Key to Successful ERP Implementation A successful enterprise resource planning (ERP) solution can grow your business’ bottom line by increasing your company’s revenues and improving your company’s efficiencies. One of the most significant factors contributing to its success is the experience and support the vendor provides through its staff and implementation process. Read this white paper to learn how a thorough plan can guide you through the implementation process. 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 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.

accounting implementation failures  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

An Overview of Product Lifecycle Management Implementation Challenges


Product lifecycle management (PLM) implementation brings its own set of challenges, whether considering vendor selection, employee perception management, or actual implementation. However, based on experience and study, it is possible to describe the best practices for overcoming these challenges.

accounting implementation failures  Overview of Product Lifecycle Management Implementation Challenges Introduction According to CIMdata ( http://www.cimdata.com/PLM/plm.html ), product lifecycle management (PLM) can be defined as a strategic business approach that applies a consistent set of business solutions in support of the collaborative creation, management, dissemination, and use of product definition information across the extended enterprise from concept to end of life—integrating people, processes, business systems, and 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 implementation failures  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

Ranpro: Implementation of Microsoft Dynamics NAV




accounting implementation failures  Implementation of Microsoft Dynamics NAV Read More

Vendor Spotlight: GMS Accounting and Financial Management System


In this spotlight report, TEC Research Analyst Aleksey Osintsev examines GMS Accounting and Financial Management System, which was specifically designed for not-for-profit organizations. Learn all about GMS’s customers and marketing positioning, and how the software addresses the challenges for not-for-profit accounting. Also featured is a high-level overview of GMS Accounting and Financial Management System functionality.

accounting implementation failures  Spotlight: GMS Accounting and Financial Management System In this spotlight report, TEC Research Analyst Aleksey Osintsev examines GMS Accounting and Financial Management System, which was specifically designed for not-for-profit organizations. Learn all about GMS’s customers and marketing positioning, and how the software addresses the challenges for not-for-profit accounting. Also featured is a high-level overview of GMS Accounting and Financial Management System functionality. Read More

The Building Blocks for an Effective Business Intelligence Implementation


Simply automating business transactions, as part of an enterprise resource planning (ERP) implementation, doesn’t provide a measurable return on investment. The real value comes from a meaningful use of the data the ERP system generates. Find out how using business intelligence functionality can help you enhance visibility into ERP system activity and improve reporting needs with business dashboards and portals.

accounting implementation failures  Building Blocks for an Effective Business Intelligence Implementation Simply automating business transactions, as part of an enterprise resource planning (ERP) implementation, doesn’t provide a measurable return on investment. The real value comes from a meaningful use of the data the ERP system generates. Find out how using business intelligence functionality can help you enhance visibility into ERP system activity and improve reporting needs with business dashboards and portals. Read More