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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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 basic accounting process illustration

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

Business Process Outsourcing (BPO)

Business process outsourcing (BPO) services manage critical front- and back-office processes that can include human resources and accounting as well as customer-related services such as contact center services. 

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Documents related to » basic accounting process illustration

Architecture Evolution: Service-oriented Architecture versus Web Services


Collaboration and interoperability are critical where multiple business units reside under one larger corporation, or where there is a requirement to integrate the system into a disparate system when a business-to-business or business-to-consumer extension is part of the business model.

basic accounting process illustration  here that the most basic case, and possibly the most prevalent, would be that of mere .NET-compatibility in the market. Namely, that means only that legacy software simply runs on .NET branded servers (Microsoft Windows). While such technologically laggard Microsoft-centric products can run on the latest Microsoft operating systems and database platforms, the aforementioned benefits of Web services are typically not easily achievable. Conclusion and Recommendations When a compelling new technology does Read More

How One Vendor Supplies Agility to Post-implementation Enterprise Systems


Agresso's information warehouse, business process, and reporting and analytics information delivery models are inextricably linked in a virtual cycle. A change in any of these core competencies automatically informs a change in the others without instilling business disruption.

basic accounting process illustration  competitive offerings, where even basic tailoring is almost always reliant on extensive consulting and programming input and configuration. The release of ABW 5.5 heralded Agresso Flexi-fields , which is a dynamic feature that gives users the ability to straightforwardly define additional tabs, validated fields, and tables that meet their needs, when and where they desire. Users define the validation, access, and data control for these flexi-fields, and information added through flexi-fields can be in Read More

Why Privately Held Manufacturers Should Implement IFRS-ready ERP Solutions


While regulatory requirements to adopt International Financial Reporting Standards (IFRS) may be a concern for publically traded companies only, there are plenty of reasons why privately held entities will want to prepare to adopt IFRS as well.

basic accounting process illustration  with. There are three basic reasons why manufacturers will want to be prepared for IFRS sooner than required by regulation—even if the private companies are not affected by the US Securities and Exchange Commission (SEC) mandates: IFRS is important in order to access capital markets. Publicly held companies should find this attractive as an alternative method of obtaining capital, but if you are a private company, you are often entirely dependent on commercial lenders for capital. Analysts for these Read More

How to Outsell the Competition: The Benchmarking Edge for Successful Sales Execution


Benchmarking is a process where companies compare their performance over time against their competition. In doing so, they can identify where their strengths lie and where improvement may be needed. The point of benchmarking is to focus on areas that will yield the best return. For companies to succeed in their benchmarking efforts and gain a sustained competitive advantage, five key steps should be considered.

basic accounting process illustration  lost its advantages The basic steps in this Sustained Improvement plan include: Appointment of a Sales Benchmarking project manager responsible for ongoing administration and oversight of the process Monthly internal review of company performance Monthly review of company performance against a fresh external data source Monitoring of Focused Action implementation ensuring expected results are produced Monthly monitoring of the benchmarks in the context of Statistical Process Control The ultimate goal is Read More

Business Intelligence


The ability to extract and present information meaningfully is vital for business management. Indeed, business intelligence tools enable companies to make better decisions, by providing the right information to the right people at the right time. Moreover, employees increasingly suffer from information overload, and require solutions that make informed decisions a more natural part of the everyday work experience.

basic accounting process illustration  dependable system of three basic building blocks: Row Format, Columns Layout, and Reporting Trees. Once defined, you can save these building blocks to use again and again to create business-essential reports. Custom fonts, formatting, and formulas stay with the report maintaining the professional, boardroom-quality appearance of your reports. Row Format Starting here, you can select individual accounts, a range of accounts, or a list of noncontiguous accounts to be included in a report. You can also Read More

IFS Applications (v. 7.5) for Process Manufacturing ERP Certification Report


IFS Applications (v. 7.5) is TEC Certified for online evaluation of process manufacturing enterprise resource planning (ERP) solutions in the ERP Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

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Cougar Mountain Accounting


Cougar Mountain Accounting is a complete accounting software package that combines general ledger with accounts payable, accounts receivable, order entry, data exchange, and the Cougar Mountain R & R Report Writer. Designed for active and growing businesses, Cougar Mountain Accounting provides quick and accurate data on sales, inventory, and customers.  

basic accounting process illustration  Mountain Accounting Cougar Mountain Accounting is a complete accounting software package that combines general ledger with accounts payable, accounts receivable, order entry, data exchange, and the Cougar Mountain R & R Report Writer. Designed for active and growing businesses, Cougar Mountain Accounting provides quick and accurate data on sales, inventory, and customers. Read More

GMS Accounting Management Software


GMS has been generating accounting software specific to not-for-profits since 1980. The GMS Accounting and Financial Management System is not a traditional commercial accounting or government fund package adapted for not-for-profit use. It is a grant and contract accounting system. In later years, GMS created the GMS Revolving Loan Servicing System for use in clients' offices that administrated revolving loan and other lending programs. GMS is a privately held company and is an employee stock ownership plan (ESOP). Our headquarters is located in Kensington, Maryland (USA), with six employees working at that location. The rest of staff is located throughout the USA in different states.

basic accounting process illustration  Accounting Management Software GMS has been generating accounting software specific to not-for-profits since 1980. The GMS Accounting and Financial Management System is not a traditional commercial accounting or government fund package adapted for not-for-profit use. It is a grant and contract accounting system. In later years, GMS created the GMS Revolving Loan Servicing System for use in clients'' offices that administrated revolving loan and other lending programs. GMS is a privately held company and Read More

Living Systems Process Suite


The Living Systems Process Suite is a business process management (BPM) system for the modeling, execution, monitoring, and optimization of structured and unstructured processes. It provides business and IT professionals with tools to collaboratively design and improve goal-oriented processes. The software directly executes process models without requiring any coding. It automatically adapts the process path to changing business conditions and can help optimize process performance and fulfillment.  

basic accounting process illustration   Read More

Business Process Management: How to Orchestrate Your Business


Business process management (BPM), having evolved over the past fifteen years, has finally reached a level of maturity where vendors are now abolishing functional silos to allow the enterprise-wide flow of business processes. It replaces the old, manual system of coordinating activities in a company and improves functionality and effectiveness through modeling, documentation, certification, collaboration, automation, and compliancy to minimize costly errors.

basic accounting process illustration  business process management,BPM,enterprise resource planning,ERP,customer relationship management,CRM,supply chain management,SCM,business process integration,BPI,business-to-business,B2B,enterprise application integration,EAI,business process modeling Read More

GMS Accounting and Financial Management System


The GMS Accounting and Financial Management/Reporting System integrates all accounting activity into an entity-wide system. The GMS Accounting system is not sold as separate modules, but rather as a package containing all the necessary functions to run your not-for-profit on a daily basis. Our underlying system design is entity-wide, providing you an integrated accounting system that performs all accounting activities. Systems are available in a 1–2 user version, a 3–4 user version, and a 5-or-more user version, either in Access or SQL Server applications. GMS has add-on software that can be purchased in addition to the basic package, including accounts receivable (AR), purchase orders (POs), direct deposit, fixed assets, and report writer. GMS also has a myriad of additional supplements to enhance your reporting features and that fit specific applications within your agency. GMS is designed to handle activity accounting. It is not a fund accounting system, but a grant and contract accounting system created and written specifically to account for grants, contracts, and activities. Key features include compliance with Financial Accounting Standards Board (FASB) 116 and 117 (requirements that all not-for-profit organizations follow); accounting, reporting, and budget monitoring for multiple grants and contracts, even if they have differing funding periods; multiple ways to handle important cost allocation issues for common costs, general and administrative costs, indirect costs, fringe benefits, leave costs, and various specialized cost pools; and a variety of ways to comply with all major Office of Management and Budget (OMB) Circulars. Our clients are exclusively not-for-profit and public organizations. They range in size from two to more than 1,000 employees.      

basic accounting process illustration  in addition to the basic package, including accounts receivable (AR), purchase orders (POs), direct deposit, fixed assets, and report writer. GMS also has a myriad of additional supplements to enhance your reporting features and that fit specific applications within your agency. GMS is designed to handle activity accounting. It is not a fund accounting system, but a grant and contract accounting system created and written specifically to account for grants, contracts, and activities. Key features include Read More

Announcing Agilisys (Formerly SCT’s Process Manufacturing & Distribution Business) - Finally Fully Focused On Process Manufacturing


The new independent company will certainly benefit from having control of its own financial destiny, being able to make decisions based upon its own needs and objectives rather than being a small part of the much larger entities needs and objectives.

basic accounting process illustration  Organic , Spraylat and Basic American Foods . The company''s new president has been aggressively visiting the existing customer base in an effort to reassure customers, understand their needs and to learn the business. We see this increased focus on customers as a positive sign, helping Agilisys better match the needs of their target markets. Our discussions with these customers and others reveal a positive reaction to the new company. Karl Bruce, CIO at Horizon Organic (www.horizonorganic.com) reflects Read More

FinancialForce Accounting


FinancialForce Accounting™ is a simple, yet powerful, accounting application that is straightforward to learn, easy to implement, and trouble-free to maintain. It complements Salesforce customer relationship management (CRM), helping to bring back office data to the front, eliminating data silos, and allowing companies to align sales, service, and finance on a single cloud platform. FinancialForce Accounting enables more efficient accounting processes, shorter period closes, and sharper financial reporting.

basic accounting process illustration  Accounting FinancialForce Accounting™ is a simple, yet powerful, accounting application that is straightforward to learn, easy to implement, and trouble-free to maintain. It complements Salesforce customer relationship management (CRM), helping to bring back office data to the front, eliminating data silos, and allowing companies to align sales, service, and finance on a single cloud platform. FinancialForce Accounting enables more efficient accounting processes, shorter period closes, and Read More

Business Process Management in Free and Open Source: An Overview of the Demand and the Supply


Free and open source software (FOSS) has become a hot topic in the business process management (BPM) market. This article discusses the relevance between BPM and FOSS, and makes suggestions for BPM seekers that prefer FOSS.

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Customer Process Management: The Real-time Enterprise Depends On the Merging of CPM and BPM


Customer-facing processes are challenging to manage because they are always changing. Conventional workflow automation and stand-alone business process management (BPM) technologies lack many critical components found in customer relationship management (CRM). However, converging BPM and CRM provides the responsiveness, cost-effectiveness, and manageability to achieve optimal results. The converged approach helps align priorities enterprise-wide, reduce risks, and unblock revenue growth potential.

basic accounting process illustration  customer process management,advanced service software,business process mgmt,process planning software,free process modeler,new product development,order management process,production planning process Read More