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Software Functionality Revealed in Detail
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 budget and track expenses for a project


Project Costing for Maximum Profitability
By implementing timekeeping solutions for costing, organizations obtain valuable insight into project profitability. Project-oriented timekeeping data is also

budget and track expenses for a project  is readily available for budgeting costs and resources accurately. Initially, a competitor may win the deal based on a lower bid or quicker time to completion, but may lose in the end because they have mistakenly underbid the project or underestimated the time needed to complete the job. With accurate project costing data, these kinds of errors no longer occur. Companies without automated systems may be driven out of business by taking on monumental projects that they can't deliver for the price quoted.

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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

PPM for Professional Services Automation

A business practice that assists organizations to align their portfolio of projects with their business strategy. Professional services automation (PSA) refers to a system designed to streamline and track resources, projects, portfolios, revenues, and the costs of professional services organizations (PSOs), which provide billable services to their clients. Consequently, PPM for PSA provides both the high-level monitoring of project portfolios as business investments and automates the project-specific functionality of time, billing, expense reporting, opportunity management, and resource management, linking back office functionality with the PSO’s portfolio of projects. 

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budget and track expenses for a project  projects and portfolios. All budget information, such as expenses, billable and non-billable details, is monitored in the financial engine. In addition, the engine has rate management capabilities and can integrate with third-party general ledger (GL) systems. The financial engine allows for the configuration of financial dashboards to align the financials of IT and business with anticipated expenditures and to validate actual spending. The BEN financial engine provides competitive functionality in Read More

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budget and track expenses for a project  on time and on budget Time and expense reporting with materials capture Help eliminate errors and duplicate data entry by allowing project team members to capture time and expenses at the project and task level for multiple purposes including costing, billing, payroll, and project status update. Your project and accounting staff can now capture materials costs and other accounts payable transactions directly against projects and tasks, providing insight into ALL the costs associated with your projects, Read More

Project-oriented versus Generic GL-oriented ERP/Accounting Systems


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budget and track expenses for a project  resources to plan, establish budget at resource level, add consultant and expenses to project plan, add direct costs for plan, establish profit performance, save baseline budget, monitor time and expense costs, monitor schedule projected profit and revenue, and submit the project deliverables and closeout project. A build-to-order process would involve ERP materials management functionality through support for the following steps: customer demand, bills of materials (BOM)/routings, engineering change Read More

Business Intelligence: A Guide for Midsize Companies


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budget and track expenses for a project  departments that are over budget after they are deeply in trouble. No alignment of operations with strategic goals. Although your company has defined its strategic goals, you are not sure if they are in tune with its daily operations. Several managers have told you that while they know how to optimize the work of their own departments, they would like to better understand how their efforts support the overall goals of the organization. Inability to comply with government reporting requirements. While Read More

Baan Seeking A New Foster Home -- A Déjà vu Or Not Quite?


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Get ERP Right the First Time: A Practical Guide to Selecting and Implementing a New ERP System


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budget and track expenses for a project  ERP Right the First Time: A Practical Guide to Selecting and Implementing a New ERP System Every company faces different challenges and has different needs in regard to enterprise resource planning (ERP). Choosing the right ERP system can be difficult because there is really no one-size-fits-all ERP solution. However, there are certain basic principles that apply to nearly every company’s situation. Find out what they are, and learn how you can increase your chances of a successful ERP Read More

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budget and track expenses for a project  for a Financials Implementation: How To Avoid a Nosebleed Because of the risks inherent in any financial implementation, it’s essential to get back to business basics. These implementations need to be understood and planned for. Thus, there are a few premises that must be addressed in the planning stages of a financials implementation. If these premises are followed in a disciplined manner, the nosebleed of implementation can be avoided. Read More

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budget and track expenses for a project  Study: How a Midsized Company Saved over $870,000 on a $3 Million Microsoft Enterprise Agreement, in Less Than Three Weeks In 2004, Microsoft offered a midwestern-US-based financial services corporation a range of options to renew and replace its existing enterprise agreement. But without the right negotiating skills, how could it be certain Microsoft’s offer was the most cost-saving approach? The company engaged an independent consulting firm, and in less than three weeks recognized savings of 28 Read More

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budget and track expenses for a project  Systems - A Bright Spot On A Difficult Enterprise Application Landscape Event Summary With the announcement of its second quarter results, Ross Systems , Inc. (NASDAQ: ROSS), a provider of ERP and e-business solutions for mid-market process manufacturers ( www.rossinc.com ), has shown a continued upward trend in a market where most companies have struggled to maintain the status quo. Ross had experienced serious financial difficulty in 2000 (see Ross Systems Ends Year On a Sour Note and Braces Itself Read More

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budget and track expenses for a project  Chain Risk Management for Wholesale Distribution Companies: Planning for Disruption Forward-looking companies are focusing on managing supply chain risk. The same functionality that supports supply chain network visibility, collaboration, and analytics can also enable supply chain risk management. This white paper shows that companies often actually possess the data they need, but disconnected systems impede the ability to make the right data accessible to the right people at the right time. Read More

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budget and track expenses for a project  Buyer's Guide to Choosing a Mobile Marketing Platform Engagement is the key to mobile user retention. But many marketers don’t have the right marketing platform to give them the insights to optimize in-app experiences to prompt purchases and other conversions. This guide outlines what mobile marketing means today, the growing monetization trends, and the “must-haves” in choosing a mobile marketing vendor (plus, there’s a checklist!). Read More

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budget and track expenses for a project  they spending their limited budgets? What gaps in our product mix, pricing, and supply must we fill to address this change? Which of our brands and products have become more relevant? Gaining Insight Gaining insight into customer needs and interpreting demand signals are not as simple as they sound. Companies are awash in customer data but get little insight from it. They know what customers have bought, but not what they are likely to buy in the future. Insights from the field are too slow to reach Read More