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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

accounting selection  (based on a hypothetical accounting software selection project) that show why this is flat-out wrong (click to enlarge the images):   In an evaluation of over 4,100 accounting criteria, Infor FMS SunSystems [ see TEC's competitor rating analysis for Infor FMS SunSystems ] outranks Microsoft Dynamics GP [ see TEC's competitor rating analysis for Dynamics GP ] by a hair: look at the weighted average, where Infor scores 90.69 to Microsoft’s 89.56 , suggesting that Infor supports a marginally larger Read More...
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Documents related to » accounting selection


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

accounting selection  software for Cubic's corporate accounting function. After evaluating it against the needs of the mass transport ticketing system, Cubic determined that CODA e-Finance met all of its selection criteria. Consequently, in keeping with Cubic's best of class development philosophy, Cubic will integrate CODA's financial software with Cubic's Nextfare Central System , whereby CODA e-Finance will facilitate the cross-billing and reporting necessary to ensure that each operator within a regional fare collection Read More...
ERP Selection Case Study Audio Conference Transcript
This is the transcript of an audio conference conducted by TEC on May 22 and again on May 30. The conference discussed the recent experiences of TEC

accounting selection  specific presentation about cost accounting, the capabilities of various systems to address their business. In another selection, where digital media management was involved, third and fourth party briefings were arranged to explain what digital media management was all about and who are the players the company might want to access for such technology. But coming back to the TEC method, the business scenarios tell the story, including the challenges and opportunities that the client has identified. Read More...
Further Analysis: Saturno-TP's Selection of QAD ERP
I am quite familiar with the Russian auto industry, and thus I enjoyed analyzing the transaction that recently took place involving a big player in the

accounting selection  requirements and complex localized accounting standards, played a critical role in Saturno-TP's selection of QAD's solution. Generally speaking, participation of ERP software vendors in vertical industry initiatives and membership in relevant organizations and industry associations can be a high weight factor and definitely should be considered during the software selection process. Read More...
Enterprise Software Selection with TEC Advisor
TEC Advisor is TEC's online software evaluation and selection system. It's designed to help you manage and make sense of the massive amount of information you

accounting selection  Software Selection with TEC Advisor TEC Advisor is TEC's online software evaluation and selection system. It's designed to help you manage and make sense of the massive amount of information you'll gather during your selection project. This short video gives an overview of the evaluation and selection process in TEC Advisor. 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 selection  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...
The Subjective Criteria of ERP Selection
I hope our readers, to greater or lesser degrees, are familiar with our business software selection methodology—as we have been writing a lot on this matter

accounting selection  Subjective Criteria of ERP Selection I hope our readers, to greater or lesser degrees, are familiar with our business software selection methodology—as we have been writing a lot on this matter. But the lion’s share of these publications often refer to either the functional or technical sides of the selection process, or what type of business processes a future system can support and how can be achieved. Here, I would like to bring your attention to another aspect of business software selection Read More...
Enterprise Software Selection Made Easier
In the Solution Minds case study, learn how a leading consulting firm employed a Software Selection Portal from Technology Evaluation Centers to h...

accounting selection  Software Selection Made Easier Selecting and implementing enterprise software is never easy. Clearly defining your objectives, requirements, and dealing with the mounds of data from vendors can be an overwhelming process —fraught with opportunities for error. And the stakes are high—the wrong enterprise software can have a disastrous effect on your company. But many organizations have opted for a better way. In the Solution Minds case study , learn how a leading consulting firm employed a Read More...
Microsoft Office Accounting
Ideal for companies that need more than basic accounting software, Microsoft Small Business Manager offers affordable, flexible, and fully integrated

accounting selection  Office Accounting Ideal for companies that need more than basic accounting software, Microsoft Small Business Manager offers affordable, flexible, and fully integrated financial management, sales, purchasing, inventory, payroll, and reporting capabilities. It connects people, information, and processes to help manage customers' businesses more effectively. Read More...
Your Guide to Enterprise Software Selection: Part Two
Enterprise software selection is a risky undertaking. Even after you’ve determined your requirements, the crucial software assessment and negotiation phases are

accounting selection  Guide to Enterprise Software Selection: Part Two In part one of this series, we covered the first phase of a best-practice software selection project, including the four steps involved in the definition of business and technical requirements. We'll turn now to the all-important final phases of the enterprise software selection process. Phase 2: How to Assess and Evaluate Software The output from Phase 1 is a detailed list of functional requirements. Phase 2 covers the assessment and evaluation of all Read More...
FinancialForce Accounting Summer ’12 Bridges Salesforce Service Cloud and Accounting
FinancialForce Accounting Summer ’12 is launched just in time for the Dreamforce 2012 conference. FinancialForce Accounting has been extended to work with

accounting selection  Accounting Summer ’12 Bridges Salesforce Service Cloud and Accounting FinancialForce Accounting Summer ’12 is launched just in time for the Dreamforce 2012 conference. FinancialForce Accounting has been extended to work with Salesforce Service Cloud (previously it worked with Salesforce Sales Cloud only). This integration is expected to eliminate the proverbial gap between customer service and finance functions and to turn the customer service center (call center) from a cost center to Read More...
Accounting Software Checklist for Small and Midsized Businesses
Like the smb finance and accounting checklist from inside business finance.

accounting selection  Businesses Selecting a new accounting and finance software solution for your company can be a risky business. If you miss something, it can come back to haunt you later. A good checklist can help ensure that you cover all the angles, and ask the right questions . Like the SMB Finance and Accounting Checklist from Inside Business Finance . Written in clear language, this buyer's checklist for small and midsized businesses (SMBs) gives you the right questions to ask—and angles to consider—when it comes Read More...
10 Strategies for Getting the Right ERP and Accounting Solution
That's where the white paper 10 strategies for getting the right ERP and accounting solution comes in.

accounting selection  the Right ERP and Accounting Solution If you're a midsized business looking for an enterprise resource planning (ERP) solution, the market trends are all on your side: ERP vendors are hungry for your business. Big vendors (SAP, Oracle, etc.) now have great products for small and medium businesses (SMBs). Traditional mid-market vendors are fighting back with more features and incentives. With all the big trends aligned in your favor, you can come out the winner—but only if you know how to play your Read More...
Intuit and Square Integrate POS and Accounting for SMBs
Intuit and Square recently announced a seamless integration between Square Register and QuickBooks accounting. Built on Intuit’s open platform, the integration

accounting selection  Square Integrate POS and Accounting for SMBs Intuit and Square recently announced a  seamless integration between Square Register and QuickBooks accounting . Built on Intuit’s open platform, the integration with Square's point-of-sale (POS) solution aims to enable small businesses to more efficiently import their transactions from Square into QuickBooks, helping them streamline their operations, save time, and ensure more accurate reporting. The Square integration is the first of many new partnerships Read More...
ERP Selection Facts and Figures Case Study Part 1: Business Model Scenarios
During a recent Enterprise Resource Planning selection engagement with a large aerospace and defense manufacturer TEC had the opportunity to evaluate and

accounting selection  Material Management and Cost Accounting. IFS led the pack in Product Definition, Supplier Definition and Procurement, Customer Definition and Proposal, Sales Order Processing, and System Overhauls and Upgrades. All vendors scored equally well in Goods Receipt & Handling, Goods Inspection, and Goods Shipment & Delivery. Figure 5. Process Fit To assess flexibility, TEC developed the criteria in Figure 6 with the client. These factors measured the perceived cost and risk associated with the implementation Read More...

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