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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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 cost benefit analysis for erp implementation


How to Lower Your ERP Implementation Costs
Most companies are facing a number of pressures, thanks to a stormy economic climate. To help control costs and resources, many small to medium businesses (SMBs

cost benefit analysis for erp implementation  offerings. Advantages Guaranteed implementation cost and schedule Your software implementation process may be measured in months or weeks, and in thousands of dollars, rather than in years and millions of dollars. You gain the benefits of the new system sooner SMBs typically cannot afford a lengthy delay after the decision has been made to implement a new ERP system. After all, the goal of selecting a new system is to make your organization run more efficiently, and, as an SMB in a rocky economy, you

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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

ERP for the Services Industry (Non-manufacturing) RFI/RFP Template

Portfolio and Project Management, Resource Planning and Scheduling, Opportunity, Contact, and Contract Management, Time and Expense Management, Financial Management, Budgeting, Costing, and Billing, Knowledge Management, Collaboration, and Analysis, Third Party Integration, Back-office Functionality, Product Technology 

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Documents related to » cost benefit analysis for erp implementation

Demystifying "Vendor Shootout for ERP" Events


In August 2011, TEC Principal Analyst P.J. Jakovljevic experienced the 11th Vendor Shootout for ERP first-hand. Plex Systems, IQMS, and abas-USA presented directly, while Infor ERP SyteLine, Epicor ERP, Microsoft Dynamics AX, SAP Business ByDesign, and Oracle JD Edwards were represented by partners. Log in to read P.J.'s report on the event, and find out why this strange "co-opetition" works for both users and vendors.

cost benefit analysis for erp implementation  transparency, consensus, risk mitigation, cost reduction, audit trail, and so forth?     Paul and Michael outlined the following checklist for a successful enterprise system selection: Gain executive buy-in, and determine project variables Structure a project plan to optimize time and resources Conduct exhaustive vendor landscape research Perform comprehensive collaborative requirement gathering Ensure consensus building via clear and consistent communications Validate, assess, and score scripted Read More

Forget Speeds and Feeds-ERP Outsourcing for the Mid-market


If you base your selection of an outsourcing partner on a service provider’s strengths, it can be difficult to make an apples-to-apples comparison among the various models. The best way to make a comparison in a thoughtful and effective manner is to develop individual specifications matching buyer needs with service provider strengths in order to make an enduring match. Find out how.

cost benefit analysis for erp implementation  in delivering the promised cost reductions, together with the market's slow adoption of the concept, have resulted in significant losses by large providers that are now abandoning the concept. Remote Systems/Application Management - In this model, services are provided at the operating system, database, and/or application levels by organizations and individuals remote from the technical environment. Its advantage is in supplying professionally managed services without the expense of transitioning a Read More

ERP Issues for the Midsized Life Sciences Company


What makes your enterprise resource planning (ERP) requirements difficult for most vendors to satisfy? As a life sciences company, you have operational processes that set you apart from other manufacturing companies. And, your regulatory requirements, including 21 CFR part 11, aren’t like those of any other industry. The challenge is to manage compliance risks and compliance costs. Learn about an ERP compliance strategy.

cost benefit analysis for erp implementation  Benefits may include: Lowered cost of data collection Increased accuracy of data Increased data analysis capabilities Reduction of regulatory errors (misfilings, for example) Improved control over production, quality and other processes Quicker search of electronic records Improved information transfer between departments (for example - operations and quality) Improved information transfer between companies (for example - an external research organization and the sponsoring enterprise) Improved product Read More

Justification of ERP Investments Part 1: Quantifiable Benefits from an ERP System


Studies that surveyed manufacturers about the impact of ERP systems on firm performance indicate that company size and industry do not affect the results. Benefits have been indicated for large and small firms, whether they make standard or custom products or are in discrete or process manufacturing environments. This section explains the quantifiable benefits in terms of several areas of improvement. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

cost benefit analysis for erp implementation  savings of $225,000. Labor Cost Reductions . A 10 percent reduction in labor costs because of less overtime and improved productivity results in annual savings of $100,000. Increased Sales . Improvements in customer service typically lead to a 10 percent sales increase; this is not shown in figure 3.1. Annual benefits totaling $475,000 in this example almost equals the current pretax income of $500,000. Figure 3.2 Summarized income statement for a typical $10 million firm   Current Typical Improvement Read More

Epicor ERP Software System (v. 9.05) for Discrete Manufacturing ERP Certification Report


Epicor ERP Software System (v. 9.05) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for discrete manufacturers 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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2011 Trends Report: Enterprise Resource Planning (ERP)


Enterprise resource planning (ERP) automates many aspects of an organization’s operations, cascading across traditional boundaries of operations, finance, manufacturing, and more. As such, changes in the ERP market can cause a ripple effect in an organization’s business. In this report, five Focus experts share eight of their 2011 predictions for ERP, so you can plan your business around these changing tides and trends.

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NetSuite ERP TEC Certified in Discrete Manufacturing ERP


TEC is pleased to announce that NetSuite ERP is now TEC Certified for discrete manufacturing enterprise resource planning (ERP) under TEC’s ERP Evaluation Center. To obtain TEC certification, NetSuite completed TEC’s detailed research questionnaire and went through a formal, live demonstration of NetSuite ERP with TEC analysts. NetSuite was founded in 1998 by Larry Ellison and Evan Goldberg and

cost benefit analysis for erp implementation  forecasting, materials production planning, costing, subcontract, shop floor, and project-based manufacturing ,but also handles all of an organization’s marketing, sales, and financials needs. NetSuite’s vision is to “Empower discrete manufacturers with innovative solutions that allow them to delight their customers and effectively manage their businesses with operational control and automation, supply chain interaction and intelligent decision making.” NetSuite not only is a visionary and Read More

Tenrox Project Workforce Management for PPM for PSA Certification Report


Tenrox Project Workforce Management is TEC Certified for online evaluation of project portfolio management for professional services automation (PPM for PSA) solutions in the Project Portfolio Management (PPM) 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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Become an ERP Sleuth: Do Your Due Diligence When Selecting a New ERP Vendor


If your company is investing time and money in a new manufacturing enterprise resource planning (ERP) system to increase competitiveness and operational efficiency, you’ll need to research ERP vendors to find the best fit for your company. This white paper offers six tips for evaluating potential ERP partners.

cost benefit analysis for erp implementation  enterprise resource planning,ERP selection,ERP vendor transparency Read More

Sage 500 ERP


Sage 500 ERP (formerly Sage ERP MAS 500) is an integrated series of applications covering most areas of business for enterprises with 20 to 1,000 employees. These areas include customer relationship management (CRM), accounting and financials, project accounting, distribution, manufacturing, human resources (HR), payroll, enterprise reporting, and electronic commerce. Built for the needs of an integrated enterprise, Sage 500 ERP is flexible, scalable, and fully featured to deliver a total business management solution.

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ERP in Manufacturing AXIS


Enterprise resource planning (ERP) provides a necessary infrastructure, along with the transactional detail and system of record that any manufacturing business needs. But ERP also enables streamlining and accelerating business processes—while providing visibility to those processes throughout the enterprise. This AXIS report looks at ERP solution providers from a market readiness and customer value derived perspective.

cost benefit analysis for erp implementation  Plex Systems,Plex Online,saas erp,erp,erp software companies,web based erp,erp vendors,erp software vendors,manufacturing erp,erp software comparison,best erp software,erp comparison,what is an erp system,online erp,erp companies Read More

Epicor ERP (v. 9.05): ERP for SMB Certification Report


Epicor ERP Software System (v. 9.05) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for small to medium businesses (SMBs) in TEC's ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

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Microsoft Dynamics GP 10.0 for ERP for Mixed-mode Manufacturing Certification Report


Microsoft Dynamics GP 10.0 is now TEC Certified for online evaluation of enterprise resource planning (ERP) for mixed-mode manufacturing 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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ERP-II: Making ERP Deliver On Its Promise to the Enterprise


Conventional enterprise resource planning (ERP) falls short in a few areas: competitive pressures are making it clear that business is still in need of more effective solutions. ERP II, however, delivers on the original concept of ERP. No longer is corporate information isolated in departmental silos, but it is housed with all corporate information, used to benefit the entire organization.

cost benefit analysis for erp implementation  II: Making ERP Deliver On Its Promise to the Enterprise Conventional enterprise resource planning (ERP) falls short in a few areas: competitive pressures are making it clear that business is still in need of more effective solutions. ERP II, however, delivers on the original concept of ERP. No longer is corporate information isolated in departmental silos, but it is housed with all corporate information, used to benefit the entire organization. Read More