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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 solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 accounts department function


Best Practices in Creating a Strategic Finance Function
Many chief financial officers (CFOs) have started to take on new strategic roles. Their goals are to enforce stricter controls to ensure legal and regulatory

accounts department function  extracted from the SAP® accounts payable and treasury applications for all types of payment. In effect the central treasury department has become the house bank for all of the company's far-flung subsidiaries. The company believes straight-through processing eliminates costly errors caused by processing different payments in different countries. In addition, the straight-through processing of foreign exchange has cut down on difficulties in reconciling payments and revenues in the 30 or more currencies

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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 » accounts department function

Enterprise Energy Management Software - The Key to Effective Energy Utilization


Energy purchasing has become increasingly complex as a result of deregulation. The deregulated market provides more suppliers and more options for supply contracts. Managers who buy energy need to have more information about projected operational energy demand in order to get the best energy prices. They need a software system.

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The Quaker Oats Company: A CHAMPS Customer Profile


Quaker Oats has been an icon in Cedar Rapids, Iowa (US) since 1901. In 1979, Quaker sought a system for the storeroom function and purchasing department, and selected CHAMPS. In 1991, the company implemented the CHAMPS maintenance management functionality. Its internal team interfaced CHAMPS with the existing accounts payable system, for seamless data transfer between the maintenance and accounting departments.

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Most Misunderstood Link in Supply Chain Management


Business practices have changed dramatically through the years, but credit and collections is still handled like it was back in the 1950s. Fact is, it’s way past due to re-think this vital business function given today’s business realities.

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The Renewed Finance Function: Extending Performance Management Beyond Finance


The role of the finance team has changed recently, due to increased oversight from regulators, more active investors, and company-specific changes in business operations. What steps are companies taking to respond to the internal and external forces? Find out how finance often repairs core finance and operating activities, as exposed in the results of a survey and a series of interviews among senior finance executives.

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MarkView for Accounts Payable


Kofax MarkView® for AP (MarkView) automates the AP operations of hundreds of major organizations. The solution provides industry-leading information capture and automates invoice processing and data entry. It includes best practice workflows for discrepancy processing, resolution and accounting details as well as real-time ERP integration for SAP and Oracle E-Business Suite, a self-service supplier portal and an AP process optimization dashboard.

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How Your Project-oriented Business Can Function on a Less Complex, More Industry-standard Chart of Accounts


Most project-oriented businesses are faced with poorly designed, archaic computer systems that have inadequate project reporting and accounting structures. This can limit the information provided to project managers for project reporting. However, properly designed work breakdown structure (WBS) systems give cost and general accounting the ability to rely on a simpler chart of accounts, while providing more project management flexibility.

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Break from the Routine


With one IT department in five spending more than half its time and resources on routine maintenance and administration of existing systems, top business objectives end up sitting on the back burner. Learn how early investments in change and improvement—hosted services or software-as-a-service (SaaS) security services, for example—can turn into big savings by reducing the long-term burden of routine maintenance.

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Dynamics GP: Financial Packages Competitor Analysis Report


This financial software knowledge base anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and receivable, reporting, and other bookkeeping requirements. This knowledge base in particular, offers a view on enterprise financial packages, which can complement an existing ERP system.

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Financial Packages RFI/RFP Template


General Ledger, Accounts Payable, Fixed Assets, Cost Accounting, Cash Management, Budgeting, Accounts Receivable, Financial Reporting, Project Accounting, Product Technology

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CEO Perspectives: How HR Can Take on a Bigger Role in Driving Growth


This survey report by the Economist Intelligence Unit investigates whether the human resources (HR) function is forging a close relationship with the CEO. It explores the nature of these working relationships, how they have been affected by the economic downturn, and how they vary across industries and regions.

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