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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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 contract justification example


MAPICS Back On Track, But Not Without Restructuring Pains
On August 23, MAPICS, Inc., one of the leading mid-market ERP vendors, announced that it is taking steps to reduce costs through a restructuring plan. Earlier

contract justification example  provider offers a single contract and help desk for all disparate components of its product offerings. This should not be a problem given the company's past customer satisfaction record.

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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

Engineer-to-Order (ETO 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, and human resources). Many systems include, with varying degrees of acceptance and skill, solutions that were formerly considered peripheral such as product data management (PDM), warehouse management, manufacturing execution system (MES), and reporting. 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 foundation of any ERP implementation must be a proper exercise of aligning customers' IT technology with their business strategies, and subsequent software selection. 

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Documents related to » contract justification example

Intentia's Movex for Food and Beverage: Gaining a Foothold in North America Part 1: Functions and Features of Movex


Intentia's Movex solution for the food and beverage industries has been highly regarded in Europe and the Pacific Rim. Now, Intentia is ready to gain foothold in North America. Read on to discover why this software for the process manufacturing industries should be on every food and beverage prospect’s shortlist of vendors.

contract justification example  own manufacturing plants. Chains contract for these products to be produced. In the case of soups, food processors create and warehouse non-descript, non-labeled aluminum cans of soup, hence brite stock. Once a confirmed order is received, the private labels are then applied in a separate packaging run. Finally, the models within Movex are sufficiently robust to accommodate promotional, volume, and regional pricing. From an ERP perspective, Movex has several features that may put it ahead of the competi Read More

Two Stalwart Vendors Discuss Mid-market Issues


In continuing our first-time ever questions-and-answers series for software applications vendors, Infor and IFS, two upper mid-market, stalwart vendors, express their views on market trends, platform approaches, and mid-market issues.

contract justification example  part of the Infor contract with our solutions on our paper. We have been doing this since day one, whereas it seems that others are only now starting to do this, but only for selective partners. Question 7. What about going mid-market vs. defending it? What, to your mind, will be the key success factors (KSFs) in this market, and what have you been doing to better position yourself there? IFS : Contrary to popular thought, mid-market customers require the same functionality as large enterprises. They just Read More

Software Evaluation, Selection, and Procurement Part Two: Recommendations for Improvement


Pursuing an alternative strategy for software evaluation and selection, based on the capital investment paradigm and the principles outlined in this article, is an effective method to mitigate implementation risk.

contract justification example  before signing the final contract and buying a piece of software, put the selected candidate package through a rigorous set of tests. Require the vendor (or an implementation partner) to build a prototype using real data and execute a test using real processes. Produce extract files and reports that are close approximations of technical interfaces and user requirements. Allow users from various business departments to see, touch and manipulate the system. Basically build a prototype. You should expect to Read More

Competuition: Teach Competition to Your Procurement Process


High-profile corporate scandal has resulted in laws such as the Sarbanes-Oxley Act, to monitor business practices. To help safeguard against unethical practices during procurement, entities are also adopting elements from the US Federal Acquisition Regulation (FAR).

contract justification example  ethics stories, where lucky contract winners share close friends in strategic places, as was the case of Halliburton, which was awarded billions in federal no-bid contracts during the years when Dick Cheney was its chief executive officer (CEO). Recognizing this longstanding problem, the US government launched the Federal Acquisition Regulation (FAR) more than twenty years ago, to help federal agencies manage procurement more efficiently. FAR is an official document setting forth procurement policies and Read More

Managing Global Trade Flows


In global trade, the flow of information must support the tracking and management of the goods to enable the secure and compliant entry and exit to and from countries for the correct funds to flow to eligible business and trading partners.

contract justification example  the original order and contract, product information, trade compliance, shipment tracking, and landed costs. For example Order management requires the ability to track the business terms of the order correctly. As an order progresses, it is essential to reconcile all shipment activities against the order to ensure that the process is smooth from a transactional and security perspective. Trade compliance requires the ability to manage import and export compliance processes. The proper management of these Read More

Emptoris: Opening a New Chapter of Prosperity - Part 2


Part 1 of this blog series talked about my impressions following an upbeat and constructive business update meeting at Emptoris’ headquarters. Under its new investors’ wing, with a new customer-focused CEO, and with the former Click Commerce's contract and service management (CSM) business as a new major capability, Emptoris has charted a new course recently.

contract justification example  former Click Commerce 's contract and service management (CSM) business as a new major capability , Emptoris has charted a new course recently. Results Are Telling The company had two back-to-back record quarters, whereby year-over-year bookings grew by 24 percent in Q4 2009. Bookings came from both brand new customers (including the very first service procurement sale under Emptoris to Bell Canada ) and many existing customers with cross-sale deals of over US$ 300,000. The backlog is reportedly at an Read More

IFS’ Large Wins Streak Continues


In late November 2012, IFS announced that a major North American offshore oil @ gas drilling company had signed a contract to implement IFS Applications as its enterprise asset management (EAM) software system. The unnamed offshore drilling company will implement the IFS Applications for Offshore Service edition to support maintenance operations. The deployed solution will include projects

contract justification example  company had signed a contract to implement IFS Applications as its enterprise asset management (EAM) software system. The unnamed offshore drilling company will implement the IFS Applications for Offshore Service edition to support maintenance operations. The deployed solution will include projects, maintenance, and IFS Instant Replication, a special solution for rapid replication of data between offshore rigs or vessels and onshore facilities. The unnamed customer operates jack-up rigs located Read More

Dassault Systèmes Acquires SFE


The integrated conceptual engineering trend is taking hold. Autodesk’s Simulation 360 cloud software would be one example. The concept phase is critical and difficult, as it requires the combination of multiple disciplines and skills, and the collaborative effort of several individuals and teams. Accordingly, Dassault Systèmes, a leading provider of 3D design software, 3D digital mock-up and

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Food Producer Files $20m Lawsuit Against Oracle


California based Tri Valley Growers (TVG) filed a $20 million lawsuit against Oracle, for Oracle's failure to fulfill its contract to modernize TVG's production and management systems using its enterprise resource planning (ERP) applications.

contract justification example  failed to fulfill its contract to modernize the company's production and management systems using its enterprise resource planning (ERP) applications. Jeffrey Shaw, TVG's president and chief executive, said: I have never sued anyone in my life, and we certainly wanted to avoid litigation, but Oracle's refusal to be reasonable with our request after all of its promises and commitments left us no choice. The $800 million company hired Oracle in November 1996 to computerize and integrate its operations Read More

Robust Systems are Built from the Bottom Up


Information technology infrastructure takes a back seat to applications investments for lack of a cost justification method. However, the infrastructure systems are breaking down in public; bringing significant attention to an issue that has been set aside far too long.

contract justification example  that can expand and contract in capacity without excessive cost impact. It is also made up of people who have the capacity to achieve high levels of competency with new technologies rapidly, and it executes processes that have no inherent delays or waste. Business Management Response Build executive consensus around your future business architecture. Use high-level diagrams to show how customers and products are brought together and short vignettes to express the experience that customers will have when Read More

FRx Poised To Permeate Many More General Ledgers Part One: Executive Summary


FRx Software Corporation, a Microsoft company and a part of Microsoft Business Solutions, might be the best example of Microsoft’s coopetitiveness.

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Emptoris: Powered Up to Empower Global 2000 Users


Since its founding in 1999, Emptoris has evolved into a world leader in strategic supply, category spend, and enterprise contract management solutions, and was recently acquired by IBM. TEC principal analyst P.J. Jakovljevic takes a close-up look at the functionality—and at telecom expense management (TEM) in particular—that makes Emptoris solutions a success among Forbes Global 2000 companies.

contract justification example  selections for spend analysis, contract lifecycle management, service procurement (including contingent labor), and strategic sourcing. But given Ariba’s focus on its multitenant cloud offering , Ariba Commerce Cloud , they do not often meet in the public cloud. Emptoris remains content in its on-premise and private cloud (hosted) worlds, providing its large customers with tailored solutions that accommodate more involved “care and feed” processes that come with high-value and complex sourcing Read More

Talking to an Emptoris Exec Post-Empower 2011 (and Pre-IBM 2012)


I recently published a TEC article about my attendance of Emptoris’ Empower 2011 user conference this past fall. What follows now is my deep-dive interview with Terrence Curley, Senior Vice President (SVP) of Product Strategy and Development at Emptoris, with the idea of developing some of the main messages from the conference. During this past year, with the acquisition of Rivermine

contract justification example  strategic spend, supply and contract management solutions. The company has more than 750 employees globally. Emptoris Speaks Out Terrence Curley is responsible for product strategy, product management, product development, and cloud operations. In this role he works closely with customers, industry leaders, and business and technology analysts to define and deliver all major components of the product lifecycle — from strategic conception thru development and quality assurance to customer delivery. Read More

Lawson Software Marches Over $300M Milestone


On August 3, Lawson Software, a provider of Internet-enabled business applications, announced it had won the largest contract in its history to extend its healthcare market leadership. Earlier, on July 20, Lawson Software announced financial results and its year-over-year growth statistics for the year ended May 31, 2000.

contract justification example  won a major e-business contract with HCA, owner and operator of more than 200 hospitals and other facilities in 24 US states, England and Switzerland. HCA, the nation's leading healthcare provider, licensed the full lawson.insight financials, human resources and procurement solution suites, as well as analytics, e-commerce and open component solution extensions. HCA also licensed Lawson's Employee and Manager, Financial Information and Vendor Information Web Self Service Centers. The contract represents t Read More