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Software Functionality Revealed in Detail
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 accrual method


What Makes Incentives and Compensation So Tricky?
Managing incentive compensation presents challenges to almost every large and midsized company, due to the complex nature of the calculations. But along with

accrual method  book it as an accrual on their income statements. This is a shift away from the broken ritual of the annual budget, whereby traditionally, budget forecasts and analyses were made once a year; nowadays, those figures need to be constantly updated. Yet, most organizations do not have the data or the tools required to effectively model incentive compensation for planning, budgeting, and forecasting, and must rely on inaccurate data to come up with cost projections. Furthermore, for most companies, the

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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

Documents related to » accrual method

The Seven Deadly Sins of Software Marketing


Huge amounts of money are spent on marketing collateral—you need to ensure that you get your money's worth. This article discusses seven common mistakes made when developing software marketing collateral. Read on to see if you need to repent.

accrual method  know the differences between accrual and impress accounts, a CFO may not appreciate software designed to support a service-oriented architecture (SOA) environment. A good rule of thumb is to let a non-technical editor have a go at the piece before finalizing the content. Sin #5. Giving Away the Store Is the purpose of a marketing piece to close the sale? If you have found such a brochure, stop reading this article, and just duplicate the piece. No, the purpose of marketing collateral is to encourage Read More

KronosWorks 2011: Beyond Time Clocks for Modern Workforce Management


Kronos, the company that introduced the first micro-processor time clock in the 1970s, knows how tricky workforce management (WFM) can be. In this article, TEC principal analyst P.J. Jakovljevic looks at WFM challenges facing organizations, particularly those with large, complex workforces, and how Kronos’ innovative solutions help companies control labor costs, minimize compliance risk, and improve workforce productivity.

accrual method  enables employees to check accrual balances, request time-off, and view schedules all in real time, unlocking the value of an organization's existing WFM solution. In addition, InTouch can be configured to prevent punching timecards outside scheduled start and stop times and can provide an attestation solution for employees to sign off on the accuracy of their timecard. These unique capabilities make InTouch a valuable tool for helping to protect against employee wage and hour lawsuits. Built for the Read More

Managing Your Supply Chain Using Microsoft Axapta: A Book ExcerptPart One: Sales and Operations Planning


Managing Your Supply Chain Using Microsoft Axapta provides an overall understanding of how the system fits together to run a manufacturing or distribution business. This book excerpt focuses on running the business from the top with sales and operations planning (S&OP). Variation in operations affect the S&OP process and the nature of demand impacts the S&OP game plans.

accrual method  Your Supply Chain Using Microsoft Axapta: A Book ExcerptPart One: Sales and Operations Planning Managing Your Supply Chain Using Microsoft Axapta: A Book Excerpt Part One: Sales and Operations Planning Featured Author - Dr. Scott Hamilton - March 23, 2004 Introduction A firm's sales and operations planning (S&OP) process starts with the definition of all demands for the firm's goods and services. It formulates game plans that drive supply chain activities to meet those demands. Hence, an effective Read More

Oracle EAM’s Best Friend: Automated Work Order and Attachment Printing


Regardless of size or purpose, business processes within a company rely heavily on the dependability of assets for successful operations. Enterprise asset management (EAM) solutions can help companies monitor their assets, including a feature that allows documents to be attached to a work order. But printing the work order and its attachments is not always so simple. Learn how automated work order software can help.

accrual method  EAM’s Best Friend: Automated Work Order and Attachment Printing AventX Attachment Printer for Oracle provides you with the ability to print and collate any Oracle E-Business Suite document (Work Orders, POs, SOAs, Statements etc.) with corresponding database attachments. Source : STR Software Resources Related to Oracle eAM’s Best Friend: Automated Work Order and Attachment Printing : Oracle Database (Wikipedia) Oracle eAM’s Best Friend: Automated Work Order and Attachment Printing Work Read More

Cloud Proponents Unclear on the Meaning of “Legacy"


In reading business software news and articles on a daily basis, and in speaking with software vendors, I have noticed that vendors of cloud-based applications, analysts, as well as other professionals have recently begun referring to all solutions other than cloud-based applications as legacy solutions. Here are a few examples of what I have come across:

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A Case Study and Tutorial in Using IT Knowledge Based Tools Part 1: Decision Support Discussion


In going through a business decision process for complex technology selections, more and more use is being made of technologically driven processes using Decision support tools and captured knowledge. The use of these systems and the capability to drive a solution from them assumes an ability to accurately express business requirements and business value within these tools. In this article, we explore the marriage of knowledge management and decision support in forming knowledge based selection systems and procedures that can assist in reducing the current appalling record of IT project failures. This is illustrated by the process to select a Personal Digital Assistant (PDA).

accrual method  Case Study and Tutorial in Using IT Knowledge Based Tools Part 1: Decision Support Discussion A Case Study and Tutorial in Using IT Knowledge Based Tools Part 1: Decision Support Discussion E. Robins - May 30, 2001 Executive Summary    Most business managers, whether vendors, vendor clients or implementers, are unaware of the fundamental capabilities that knowledge based decision support can provide to minimize project risk for all sides of technology utilization. Given that over 90% of IT projects Read More

Sales and Operations Planning: The Key to Continuous Demand Satisfaction


All companies use some form of sales and operations planning (S&OP) to synchronize market data with production output. But most practice a planning process based on logistics rather than strategy. Taking a more strategic approach, however, the S&OP process can be designed to bring together a company’s marketing, finance, sales, and operations departments to continuously monitor—and meet—customer demand.

accrual method  and Operations Planning: The Key to Continuous Demand Satisfaction Sales And Operations Planning: The Key To Continuous Demand Satisfaction If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. SAP® xApp™ Sales and Operations Planning Aligns the Enterprise on Unified Plan to Meet Production Targets, Sales Goals and Customer Demands Source : SAP Resources Related to Sales And Operations Planning : Sales and Operations Planning (Wikipe Read More

WBS Primer


The earned value management system (EVMS) is a method of tracking cost and schedule performance using work breakdown structure/earned value (WBS/EV) techniques. Formerly called C/SCSC (Cost/Schedule Control Systems Criteria) by the contract industry, an understanding of WBS basics is essential for any US contractor wishing to be selected for new major systems contracts over a certain funding threshold.

accrual method  Primer The earned value management system (EVMS) is a method of tracking cost and schedule performance using work breakdown structure/earned value (WBS/EV) techniques. Formerly called C/SCSC (Cost/Schedule Control Systems Criteria) by the contract industry, an understanding of WBS basics is essential for any US contractor wishing to be selected for new major systems contracts over a certain funding threshold. Read More

Sentiment Analysis: Movie Reviews


Sentiment analysis is the method of extracting subjective information from any written content. It is being widely used in product benchmarking, market intelligence, and advertisement placement. In this paper, we demonstrate the process by analyzing a movie review using various natural language processing techniques.

accrual method  Analysis: Movie Reviews Sentiment analysis is the method of extracting subjective information from any written content. It is being widely used in product benchmarking, market intelligence, and advertisement placement. In this paper, we demonstrate the process by analyzing a movie review using various natural language processing techniques. Read More

Business Engine: Driving Project Portfolio Management for IT Departments in the Enterprise Market


Business Engine provides best-of-breed PPM functionality for internal IT departments, focusing on financial governance. For organizations seeking flexible workflow and IT governance capabilities, BEN delivers functionality in the financial services, health care, government, manufacturing, telecommunications, pharmaceuticals and retail vertical markets.

accrual method  Engine: Driving Project Portfolio Management for IT Departments in the Enterprise Market Introduction Today's global economy places high demands on an organization's technology strategy. At one time, businesses were at the mercy of the technology they employed. In today's marketplace, economic success depends on the alignment of an organization's business strategy and the technology driving it. In light of this reality, IT governance has moved to the top of the chief information officer (CIO) Read More

Labor Management Systems: Optimizing Worker Productivity While Reducing Labor Costs


Labor management systems (LMSs) are used primarily as a way for distribution operations to manage and track its labor activities. This includes real-time interaction with warehouse management and warehouse control systems in order to collect data on what workers are doing, how many locations they have visited, what inventory they have handled, what equipment they have used, and what paths they

accrual method  Management Systems: Optimizing Worker Productivity While Reducing Labor Costs Labor management systems (LMSs) are used primarily as a way for distribution operations to manage and track its labor activities. This includes real-time interaction with warehouse management and warehouse control systems in order to collect data on what workers are doing, how many locations they have visited, what inventory they have handled, what equipment they have used, and what paths they have traveled. Most often used Read More

How to Measure Customer Satisfaction


Organizations often rely on surveys and questionnaires to determine customer satisfaction ratings, but such methods merely offer a perceived customer rating. Obtaining a realistic measure of customer satisfaction involves computing a metric based on a composite customer satisfaction rating system.

accrual method  to Measure Customer Satisfaction Originally Published - April 30, 2008 Project-based organizations place a lot of emphasis on customer satisfaction, and rightly so, as customer satisfaction is the key for improving these companies' internal processes. A customer satisfaction rating (CSR) is often obtained through a questionnaire—the customer satisfaction survey (CSS). This method, however, suffers from the drawback of customers likely being emotionally influenced while filling out these Read More

An Introduction to Load Balancing


Is it possible for a business to ensure uninterrupted, secure, and high-performance access to network-based business applications and web sites? Yes. With network load balancers, user requests are evenly distributed among available servers so that individual servers do not become overwhelmed. Learn about the basics of load balancing and how it can improve the performance and security of your business applications.

accrual method  Introduction to Load Balancing An Introduction to Load Balancing If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. The load balancing (LB) feature distributes client requests sent to the system across several servers to optimize resource utilization. In a real-world scenario, a limited number of servers can provide service to a large number of clients. Source : Citrix Resources Related to An Introduction to Load Balancing : Load Read More

Advancing the Art of Pricing with Science


Companies in search of a better, more precise method to determine the best prices for their products and to meet their margins, should harness statistical science to analyze transactions, and associated optimization algorithms to maximize revenues and profits.

accrual method  the Art of Pricing with Science Originally Posted - May 23, 2007 Though companies recognize the need for a better way to manage their pricing strategies, many continue to lose money by using archaic pricing methods. But there is a new approach beginning to surface in the market of price management. Science-based software can be leveraged to help companies create more accurate and complete pricing strategies in order to meet their margins. To learn more, please see Know Thy Market Segment's Price Read More