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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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Global Trade Applications in Global Credit Crunch - Part II
Part I of this blog series analyzed the appropriateness of global sourcing and spend management applications for helping companies improve their cash flows and

bad credit  We are in a bad state, and there is no trust in the system. The initial sentiment is that corporations are not going to be investing in GTM and sourcing solutions in droves any time soon, other than to make sure they have liquidity to survive. Certainly, the exports/imports will be slower for a while, but does it necessarily follow that people do not need any help from GTM applications? In other words, are there any good GTM features that might even help folks be more effective in these trying times?

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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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Building Your Sender Reputation In Four Steps


Having trouble reaching your customers’ inboxes? You might have a poor sender reputation. Similar to a credit score, sender reputations reflect how good or bad your sending habits are. If your reputation is lower than you’d like just follow these 4 easy steps to start hitting the inbox.

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How Bad Can It Get? Challenges in the Distribution Industry


Manufacturers serving such retail giants as Wal-Mart or Costco are exposed to severe challenges—not only because of the economies of scale these outlets demand, but also because of the investment required in technology and capital equipment to manage the sheer volume of manufactured goods. With a weak economy, which usually translates into weak retail sales, these organizations may

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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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Critical Business Functions: Misunderstood, Underutilized, and Undervalued Part Two: Closing the Circle of Credit and A/R Management


Using credit and A/R management as a sales tool requires defining goals and measuring results. Determining the competitive landscape and using A/R management software with key features will help companies realize the full potential of credit and A/R management.

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Aligning IT and the Business: An In-Depth Look at Scoring - Selecting and Scheduling the Project Portfolio


This Business Engine white paper provides a technical account on the process behind scoring, selecting, and scheduling the technology portfolio. The document offers additional insight into weighting criteria that should be considered as part of the portfolio management and optimization process. The document further provides insight into considerations for alignment, and how to know if the portfolio is in fact properly aligned with business objectives.

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Protecting Exchange Environments from Spam


Spam has become a global epidemic. And because it is constantly evolving and mutating, spam makes it difficult to separate good e-mails from the bad. While most mail servers have mechanisms to combat spam, they often require third party solutions to eradicate spam from the network. Find out more about the shortcomings of established filtering methods, and how one community-based approach to filtering can work.

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Focus on Financials: Comprehensive ERP and Financial Management for a Manufacturing Competitive Advantage


Manufacturers face many challenges with scarce credit, pricing pressures, and increasing costs. Critical to success is a comprehensive enterprise resource planning (ERP) solution that aligns operations and production with finance to understand risk, allowing manufacturers to deliver quality products at competitive prices. Discover how to create value and profitability through real-time monitoring of financial conditions.

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Tokenization: A Cost-effective and Easy Path to Compliance and Data Protection


As companies work to meet regulatory requirements to protect personally identifiable information (PII) such as credit card numbers, one option to minimize the risk of loss is to replace sensitive data with a non-sensitive replacement value, or “token.” This white paper discusses how tokenization is implemented, its effectiveness in meeting regulatory requirements, and its impact on your IT systems and business processes.

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Credit Card Fraud Detection: Advanced Analytics in Action or Pure Luck?


Have you ever wondered how credit card companies are capable of detecting purchases that a particular card holder did not make? Do these companies make use of advanced analytics to detect fraudulent purchasing behaviors or do they simply detect these actions by pure luck? A recent incident with my credit card prompted me to investigate further. Here’s what happened. I recently

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Global Trade Applications in Global Credit Crunch - Part III


Part II of this blog series allowed members of the two global trade management (GTM) software providers, TradeBeam and Precision Software, to voice their outlooks on the market (in light of the recent global trade decline). But at the end of the post I introduced the question of the possible threat to GTM providers coming from the large enterprise resource planning (ERP) providers. Given that

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