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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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 define analytical finance


The Renewed Finance Function: Extending Performance Management Beyond Finance
The role of the finance team has changed recently, due to increased oversight from regulators, more active investors, and company-specific changes in business

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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

Financial Packages

Financial packages encompass modules for bookkeeping and making sure that accounts are paid or received on time.  

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Documents related to » define analytical finance

Has The BI Market Consolidation Been Crystal-Clearly Actuated? Part Three: Competition and User Recommendations.


Users choosing point planning or BI products should consider the integration infrastructure and effort needed to combine these products versus the cost and functionality issues of choosing an integrated CPM product suite (if still possible to find). Mission-critical issues like scalability, reliability, manageability and ease-of-use go without saying.

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TEC Helps Utilities Company Select Best-fit Financials and Human Resources Systems


South Coast Water District (SCWD), an independent provider of high-quality water services based in Laguna Beach, California (US), was experiencing some of the common problems utilities companies face with inefficient IT systems. The company recently discovered that its paper-based processes—such as purchasing and procurement—were not only producing volumes of waste paper, but also creating extra work for its finance and human resources staff. SCWD decided to define its process requirements internally in order to select an appropriate financials system with integrated human resource (HR) functionality so it could operate more efficiently and eliminate the need for paper processes.

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Human Capital Analytics: The Metrics That Matter


Most organizations are capturing thousands of pieces of data about their employees on a daily basis, but it can be hard to focus on the data that really matters. In this article, TEC research analyst Sherry Fox explores the concept of human capital analytics and pinpoints five key steps for organizations to take to effectively analyze human resources (HR) data and better manage their workforce.

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Real-Time Versus "Right-Time" Decision Making: A New Competitive Advantage


In this day and age, the ability for a company to utilize information quickly and effectively is more important than ever before. But faster access to increasingly large amounts of data doesn’t always mean that good real-time decisions are being made.

Finance has to be involved in the selection and use of new analytic tools which rapidly define and filter data from a variety of sources. Selecting and sorting information into what’s vital to decision making and what isn’t allows for better decision making to occur. A company’s data needs to be defined and synchronized consistently across the board, but quality of data also has to have value in order to be of use. The data then has to land in the right hands in order for the right actions to be implemented. Quality, real-time data has to be accessible at the right time, in the hands of the right people.

In this white paper, learn what right-time decision making is and how to use analytics to your benefit, e.g., to test hypothetical choices before implementation. Get information on how to create strong data governance to support high quality data, investigate analytical tools for problem-solving, and learn how the delivery of information to decision makers can affect your business choices positively or negatively.

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Splice Machine: The Only Hadoop RDBMS


Splice Machine is unique in its ability to enable a new breed of real-time analytical applications that can collect, analyze, and react to data in real time to transform industries. Read on to learn more about Splice Machine, and check out some examples of real-time applications that Splice Machine can power.

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Empowering Modern Finance: The CFO as Technology Evangelist


Modern finance is service-oriented and committed to operational excellence. Modern finance leverages analytical expertise to provide management with data-driven insight and forward-looking guidance. This report explores how modern CFOs and finance executives are adopting emerging technologies within their finance functions to enable the development of new capabilities and to transform the role of finance.

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CFOworld


Established in 2011, CFOworld is an information resource for senior executives in corporate finance that emphasizes their partnership with information technology (IT). CFOworld aims to increase the understanding of finance and IT issues and trends critical to today's strategic CFO function.

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Modern Finance In The Digital Age: Return on Investment Best Practices


For businesses in the digital age, modernizing their finance departments is more critical than ever before. Installation of enterprise resource planning (ERP) tools is understood to be essential, allowing companies to streamline previously complicated and outdated processes. Using cloud technology to perform analysis of big data gives businesses the ability to improve how and when to assign assets, but without implementing best practices alongside the ERP software, your business can’t maximize the benefits of this new technology.

Different options for return on investment (ROI) analysis are possible with cloud-based technology, such as allowing users to develop a controlled return on investment profiles on smaller, more focused projects, or in some cases, how to circumnavigate outmoded software and hardware, saving person hours and creating less confusing profiles.

In this white paper, learn how to modernize your financial organization and apply return on investment best practices in conjunction with cloud technology not only to maximize analytics based on big data, but to empower finance across the board, even attracting the right people to your team. Learn about how to achieve increased financial savings, and how to develop support systems for predictive and focused analytics, as well as for strategic outcomes. When a modern system takes full advantage of everyone’s skill sets, exceptional results are possible.

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Case Study: DataQuick


DataQuick, provider of data products and services, was looking for a powerful analytical tool to help its customers easily uncover hidden patterns and trends. After defining its needs, the company found a business intelligence (BI) analysis and reporting tool with the features it needed, including a fit with its existing Microsoft technology, and dynamic reports and dashboards customers could easily create. Learn more.

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Finance and Accounting Solutions Buyer’s Guide for Small to Medium Enterprises


For large organizations, enterprise resource planning (ERP) systems promise big gains by helping grow revenue and increase productivity. But can ERP benefit small to medium businesses (SMBs) in the same way? This step-by-step guide includes important decision-making considerations, such as benefits and costs, across some of the top finance and accounting solution providers for small to midsize companies.

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