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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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 budget memo sample


Addressing Strategy Management and the Balanced Scorecard
Organizations often see a significant gap between their strategic plans and their ability to execute them, and many try to implement scorecards to solve

budget memo sample  is vital because the budget is often the only enterprise-wide process where users are directed and controlled in their use of company assets to achieve organizational objectives. But why is this alignment so hard? In the book Competing for the Future, this disconnect was summed up in the statement: In too many companies there is a grand, and overly vague, long-term goal on one hand…and detailed short-term budgets and annual plans on the other hand…with nothing in between to link the two together….

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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

Small Business Software (SBS) RFI/RFP Template

General Ledger, Accounts Payable, Accounts Receivable, Payroll, Inventory, Job and Project Costing, Fixed Assets, Sales Management, Budgeting, Manufacturing,  Product Technology  

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Creating a Winning Data Transmission Service


Today’s data transmission departments are battling for budget and relevance. Moving files and ensuring delivery is getting tougher every day. To successfully deliver data to an increasing number of target platforms and meet rising customer expectations, leading companies are adopting service-oriented architectures (SOAs) and upgrading their file transfer departments into data transmission services. Find out more.

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6 Steps for Linking Corporate Strategy to the Budget


Ask any three people in an organization why they budget and you’ll get three different answers. But no one says they budget in order to direct the way in which their organization will achieve its strategic goals—the intended purpose of the budget. For budgeting to become the relevant process it was meant to be, this gap must be fixed.

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The Budgeting Secret Healthcare Managers Can't Afford to Miss


As Financial Manager for a growing provider of home healthcare services, Joanne has been asked by her CEO to be prepared for budget cutbacks. After speaking with managers in other departments and piecing together what the issues in HR management are in the company, Joanne realizes that the her company needs to upgrade its HR/payroll system in order to be able to manage the necessary cuts and steer the company in the right direction. Find out through Joanne's situation what the important questions to ask when reviewing your payroll/HR system are, and how an integrated scheduling and payroll system might help your company better manage its workforce and finances.

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Project Management Communication: Part 3 of 3


In this final installment of the Project Management Communication series, we look at a vital project management tool. This system has provided visibility to senior management, as well as justification for projects based on the expected value of each product in its planning stage, and in projects both in progress and completed. What Is Project Portfolio Management? Project portfolio

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The Store of the Future


The big hit of the National Retail Federation show was the Metro Group's Store of the Future. The budget for this extravaganza - it appears to have been underwritten by some of the biggest technology firms in the world.

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CRM Your Salespeople Will Love


Simply visit TEC's CRM evaluation center to compare a new generation of CRM solutions based on your company's special requirements: your budget, in...

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Best-practice Budgeting


Each year, companies invest substantially to create an annual budget, spending heavily on specialty software, staff overtime, and temporary help for data entry. In a perfect world, these investments would deliver excellent returns—but often, they simply don’t. Learn budgeting, forecasting, and financial performance management best practices that can help you maximize budgeting benefits and minimize budgeting pain.

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Case Study: Island Hearing


Island Hearing, Canada’s largest network of registered audiologists, aims to be efficient and cost effective. Essential to this goal is efficient data management, including the ability to access data quickly. But the company found data retrieval difficult with its existing tools. Learn how it implemented a business intelligence (BI) solution that “sliced and diced” the needed financial, sales, and budget information.

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The Backbone System of IT Management and Governance


IT today is often caught between a rock and a hard place: its budget has been reduced, while expectations remain undiminished. Moving beyond this paradox requires fresh approaches to IT management and governance. Today’s IT operations must remain aligned with strategic organizational priorities, deliver promised results with control and predictability, and transparently report problems in time to act on them.

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Challenging Budget Decisions in State, County, and City Government Need Industrial Strength HR/Payroll Solutions


All levels of government today face the challenge of trying to operate within severe budgets. Administrators, finance and budget officers must come up with innovative scenarios to perform this juggling act. Is there an easier way to get at the right data for planning without painstaking manual work or jeopardizing the current knowledge base, all while preventing legal risks? Yes, there is! Read this white paper to find out how.

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The Benefits of Next-generation ERP


Rapid changes in the market and in customer needs mean small to medium businesses (SMBs) must work harder to stay competitive. Setting and achieving goals in this economic environment is increasingly difficult. Upgrading to a next-generation enterprise resource planning (ERP) can be a way to manage change—and even benefit from it. Learn more about how to customize an on-demand ERP solution that’s right for you.

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How to Create a Business Case for Your Human Resources System


Getting CFO or CEO approval to purchase a new software system is often a challenge—but more so if that system is for human resources (HR), as HR is not traditionally considered a profit center. You need a business plan to gain management buy-in for your proposed HR project. Not sure what your plan should address? Find out the key components of a persuasive and detailed business case, so you can get support for your initiative.

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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.      

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From CIO to CEO?


The step from Chief Information Officer to Chief Executive Officer seems like it should be simple, but few manage to take it. Sure you’ve managed a budget, engaged in strategic planning, and saved the company a bundle of money. Experience like that just gets you in the game – your ace-in-the-hole is something you didn’t train for.

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