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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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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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 benchmark accounting articles


Navigator Business Solutions Navigator One for SAP Business One (v88) for Accounting Certification Report
Navigator One for SAP Business One (v88) is now TEC Certified for online comparison of accounting software in TEC's Evaluation Centers. The certification seal

benchmark accounting articles  available in the Functionality Benchmark section later in this document. The area of functional focus within the green Dominant zone indicates two things. First, it indicates which of the most competitive modules contribute the most pull in raising the product's score above the average. Second, it indicates where the product has a significantly greater level of support for functionality than the average solution in this space. This also may reveal how the vendor has focused its product development. These

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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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Streamlining for Success: The Lean Supply Chain


When flexibility and speed are requisites for success, it’s the lean organization that leads the race. World-class manufacturing organizations know the value of focusing on the lean fundamentals: eliminating waste, simplifying processes, and continuously improving. By pursuing lean strategies—optimizing inventory and streamlining manufacturing processes—they can reduce inefficiencies and costs in their production processes, and improve customer responsiveness.

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Traceability in Food and Beverage Processing


Food safety has been top-of-mind for both consumers and industry executives for a number of years. Clearly traceability plays a large role in overall food safety, and in general food and beverage processors are doing better than many other industries. However, the stakes are high when it comes to food safety and there is still a lot of room for improvement, especially upstream in the food supply chain. Find out more.

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Bluebee ERP v.4b.08 for Discrete Manufacturing and Distribution Certification Report


Companies performing a software evaluation and comparison want assurance that the products they’re evaluating do what the vendors say they do. Solutions certified by Technology Evaluation Centers (TEC) and bearing the TEC Certified logo were analyst-verified for accuracy. Learn about a TEC Certified ERP system for distribution and discrete manufacturing that might offer the modules and functionality you need.

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What Small Businesses Need to Know in Today’s Regulatory Environment


Today, entrepreneurs running small-to-medium sized businesses face daunting tasks that just a few years ago were not existent. The complexities of the business world have created new risks, a myriad of regulations, and complex reporting requirements that can overwhelm any organization. Owners and managers of all enterprises, even smaller private businesses, need to be cognizant of both the spirit and the letter of the law. How does a smaller organization, with limited resources, cope with all of this? How do they stay abreast of the additional changes that are on the way? In this guide, Pete Russo of the Entrepreneurial Management Institute at the Boston University School of Management outlines the pitfalls and steps, but also looks at effective solutions for private companies.

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Accounting for SMBs: A Solution Beyond Entry-level Systems Red Wing Software


Many SMB companies need more functionality than an entry-level system offers, but cannot afford to pay $15,000 (USD) or more for a higher-end product, nor do they really need the complexity found in these products. Red Wing Software’s TurningPoint is a good mid-market product that plays well in this market.

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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 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. <

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Deacom Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Engineer-to-order ERP Certification Report


The Deacom product Deacom Integrated Accounting and Enterprise Resource Planning Software System (v.10.4) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for engineer-to-order manufacturing in the ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

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4 Reasons Why Your Auditors Will Love Your Move to FinancialForce Accounting


Finance and IT departments are under continual pressure to improve transaction processing and period close efficiency, while simultaneously ensuring that adequate controls and compliance procedures remain in place. Managers are asking their teams to do more with less.

Learn about the benefits of using a financial software platform that provides a wide range of advanced, audit-friendly features. This paper outlines four major benefits of moving to cloud accounting for compliance and auditing procedures.

By using your software platform smartly, you can gain efficiency while ensuring compliance with company policies and financial regulations. When the finance department spends less time supporting the audit process, and less time addressing control issues that may arise in an audit, it can spend more time supporting strategic decision making for the betterment of your business.

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Overcoming the Barrier of Traditional Accounting in Lean Environments


Manufacturers of all sizes are more efficient, better managed, and more profitable because of lean—yet this improvement has plateaued at many companies. What’s holding up the progress of lean? The real problem is that as lean evolves and spreads beyond the plant floor, its conflict with traditional accounting is escalating—and becoming more dangerous to the financial health of manufacturers.

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Sage 50 Distribution Accounting


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