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Microsoft Joins XML Specification Committee for Financials
Microsoft (NASDAQ: MFST) has joined the Extensible Business Reporting Language (XBRL) committee to help launch an XML-based standard for translating financial

accounting profession  for comments by the accounting profession and is anticipated to reach the market in July 2000. XBRL streamlines the financial information supply chain that includes public and private companies, the accounting profession, data aggregators, the investment community, and all other users of financial statements. XBRL is the new name for Extensible Financial Reporting Markup Language (XFRML); the name was changed to clearly define the usefulness and necessity of using the language for all types of Read More
ERP for Services (Non-manufacturing)
Typically, ERP systems designed for services industries offer modules that provide back-office support, customer relationship management, time management, expense management, resource management, a...
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Documents related to » accounting profession


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

accounting profession  its origins in the accounting profession and a focus on accurate financial reporting. European subsidiaries of US companies will be subject to both Sarbanes-Oxley as well as IFRS. Basle II is concerned about risk and exposures in the financial services market. What they have in common is the objective to give various stakeholders timely, accurate, dependable information expressed in financial terms. They are also regulations with various degrees of bite. Because Sarbanes-Oxley was born out of financial Read More
Professional Services Are Catching-up With CRM
The CRM market is shifting. Instead of looking for an all-purpose and horizontal oriented CRM application, customers are seeking a more specialized and industry

accounting profession  services, legal, management consulting, accounting and other relationship-based industries. Functional and Technical Specifics InterAction 5 dissociates itself from the traditional, sales-force-automation- and call center-based CRM solutions designed for the manufacturing economy. InterAction 5 goes beyond Customer Relationship Management and into the realm of Relationship Intelligence, which is designed to track and manage the complex relationships that are critical to revenue generation at professional 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

accounting profession  Reference Guide to SMB Accounting Software Features Originally Published - January 16, 2008 So, you're looking for an accounting system. 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—or doesn't need. You can also download an extended guide in Excel format at TEC's Accounting Software Request for Proposal (RFP) Template page . Read More
Charting a Better Course for Your Business: Eight Rules for Investing in a New Accounting System
A good financial and accounting system should propel your business forward. It should give you the specific insights you need to spot the storms ahead, help you

accounting profession  Investing in a New Accounting System A good financial and accounting system should propel your business forward. It should give you the specific insights you need to spot the storms ahead, help you maximize resources with streamlined processes, and be nimble enough to help you navigate the changing currents of today’s business environment. Download this white paper to make sure you have the facts straight about what to look for—and what to look out for. Read More
Top ERP, CRM, Accounting, HR, POS, CMMS-EAM Software Comparisons
To find out, simply use. TEC's ERP comparison reports to compare any three ERP manufacturing solutions of your choice.

accounting profession  a lot of new accounting solutions dedicated to businesses of all sizes and industries. There are a lot of customer relationship management (CRM) solutions, a lot of human resources (HR) and human capital management (HCM) solutions, a lot of new point of sale (POS) and retail management systems (RMSs), a lot of new computerized maintenance management systems (CMMS) and enterprise asset management (EAM) solutions on the market. Here's your chance to compare them -- quickly and easily. Some of the leading Read More
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

accounting profession  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 Read More
Project-oriented versus Generic GL-oriented ERP/Accounting Systems
Caught between big-vendor ERP offerings requiring heavy customization, and off-the-shelf project management solutions that are easily outgrown, project-oriented

accounting profession  many project-specific business and accounting requirements including the need to track costs and profitability on a project-by-project basis, to provide timely project information to managers and customers, and to submit accurate and detailed bills/invoices, often in compliance with complex industry-specific and regulatory requirements. Yet, traditional generic GL-oriented accounting systems have not been designed with project phases, work breakdowns or detailed time capturing in mind, and thus, they can Read More
Sage BusinessVision Accounting
Sage BusinessVision 50 Accounting (formerly ACCPAC) is intended for high-transaction, heavy user load situations. Capturing the technological benefits of

accounting profession  BusinessVision Accounting Sage BusinessVision 50 Accounting (formerly ACCPAC) is intended for high-transaction, heavy user load situations. Capturing the technological benefits of Sage BusinessVision 50 Accounting with an SQL engine, the program's eighteen integrated modules can be further enhanced with a variety of add-ons. Up to one hundred users can be supported simultaneously. In addition to new utilities in the general ledger module, Sage BusinessVision 50 Accounting is designed to be fault Read More
Accounting and Small Business Software
Accounting systems manage procedures for accurately entering, tracking, and maintaining information related to an organization@s financial operations. These

accounting profession  and Small Business Software Accounting systems manage procedures for accurately entering, tracking, and maintaining information related to an organization's financial operations. These accounting applications typically support general ledger (GL) , accounts payable (A/P) and accounts receivable (A/R) , payroll, job and project costing, and multinational accounting. Many small to medium businesses (SMBs) require that other functions (such as inventory control, manufacturing management, and financial 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 profession  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
8 Rules for Investing in a New Accounting System
Find out if your current system is a drag on your company in Eight Rules for Investing in a New Accounting System.

accounting profession  Investing in a New Accounting System Are you sure your financial and accounting system is helping your company grow? It might actually be holding it back. Find out if your current system is a drag on your company in Eight Rules for Investing in a New Accounting System . You'll learn about the warning signs of a financial and accounting system that is dangerously outdated or lacking in critical functionality—and what you can do about it. You'll also discover the eight rules for choosing a system that 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 profession  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
Microsoft to Add
By adding nonprofit and public sector accounting capabilities to the forthcoming MBS Great Plains 8.0 release via acquiring a former independent software vendor

accounting profession  announced the acquisition of accounting products from a Winnipeg, Manitoba, Canada-based vendor, Encore Business Solutions , Inc ., that could be critical to the success of the customers and partners in the public sector. The acquisition includes Encore's not-for-profit (NFP) accounting products and the intercompany payables management and requisition management modules, some of which have currently been sold by MBS under an original equipment manufacturer (OEM) agreement with Encore. Namely, the only Read More

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