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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 solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 disclosure requirements accounting


Smooth Transition: Preparing for IFRS
International Financial Reporting Standards (IFRS) are the reporting standards developed by the International Accounting Standards Board (IASB). IFRS is now

disclosure requirements accounting  to 40 accounting and disclosure differences in the affected systems. Fair-value requirements, inventory valuation, revenue recognition, asset component accounting, share-based payments, and asset impairment data should be flagged for at least the previous two years of information, and reviewed in the context of IFRS treatments as recommended by the finance members of the team. The IT team will design and implement templates for internal data-gathering on identified fields and entries in the ledger and

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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)

The Small Business Software (SBS) evaluation model targets functional requirements for fully featured solutions designed to support all business requirements of a typical small business. Extending beyond mere accounting functions, it is primarily applicable to those businesses for which full-scale ERP software may be too complex or cumbersome. However, the model of SBS solutions includes all the essential categories such as General Ledger, Accounts Payable (A/P) and Accounts Receivable (A/R), Payroll, Job and Project Costing, Multinational Accounting, Light Manufacturing, Inventory, Technology, and much more. 

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Joining the Sarbanes-Oxley Bandwagon; Meeting the Needs of Small and Medium Businesses


To meet tough government compliance, more vendors are offering compliance solutions. CODA's collaborative task modeling tool takes an enterprise's best practices model, audits business processes, automates data collection, and creates a secure collaborative space to offer checks and balances to simplify compliance monitoring.

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TEC 2015 Certification Report NetSuite ERP Discrete Manufacturing


The NetSuite ERP suite boasts a number of firsts. It was the first enterprise solution to be offered in the cloud, and it is currently the number 1 cloud business software solution available on the market. As the world’s most deployed cloud ERP system, NetSuite ERP caters to a number of vertical industries, including discrete manufacturing.

NetSuite ERP is a comprehensive solution that has been designed to meet all the business requirements of a manufacturing company producing discrete products. The solution therefore affords discrete-product manufacturers capabilities such as global multi-plant and multi-site management, materials production planning, demand planning and forecasting, costing, shop floor, and project-based manufacturing. It also addressed financial, marketing, as well as sales needs.

NetSuite’s goal in its product is to provide manufacturers with an innovative, comprehensive product to help them smoothly run their operations, make intelligent and informed decisions, and delight their customers.

In the TEC Certification Report you’ll get an in-depth look at the product’s redesigned user interface, which is based on 3 years of research with customers, dashboards and portlet improvements, and other notable improvements in the procurement, financials, accounting, supply chain, and other manufacturing realms.

Find out how NetSuite ERP compares with solutions on the market in the major functionality areas for ERP for discrete manufacturing—and how it can support your all current business processes.

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The Sarbanes-Oxley Act May Be Just the Tip of a Compliance Iceberg


The Sarbanes-Oxley Act is not the only government regulation that enterprises must comply with. Several others make it imperative that appropriate enterprise resource planning and financial management systems provide comprehensive sets of financials and analytics capabilities to ensure compliance.

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What Small Businesses Need to Know in Today’s Regulatory Environment


Today, entrepreneurs running small-to-medium sized businesses face daunting tasks that just a few years ago were not existent. The complexities of the business world have created new risks, a myriad of regulations, and complex reporting requirements that can overwhelm any organization. Owners and managers of all enterprises, even smaller private businesses, need to be cognizant of both the spirit and the letter of the law. How does a smaller organization, with limited resources, cope with all of this? How do they stay abreast of the additional changes that are on the way? In this guide, Pete Russo of the Entrepreneurial Management Institute at the Boston University School of Management outlines the pitfalls and steps, but also looks at effective solutions for private companies.

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Requirements Engineering for Software Engineers


This paper presents an introduction to the discipline of requirements engineering in a form tailored for software engineers. Requirements engineering is the process of turning the unstructured requests of stakeholders into useful requirements, and can be an engineering discipline as rigorous and involved as software architecture. This paper attempts to provide a brief tutorial in order to improve the overall level of requirements used for software projects.

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Major Vendors Adapting to User Requirements


SAP and Microsoft have finally realized that their products will increasingly be evaluated by how well they interconnect, how flexible they are, and how intuitive their user interfaces are. However, these trends have already been incorporated by lesser-known vendors.

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IBM Cognos Disclosure Management


For many companies, the processes and tools used every day to support critical activities directly affect their ability to gain insights for decision making. By integrating financial and business intelligence operations, Cognos Disclosure Management can transform report production and make processes more efficient and effective, while ensuring data accuracy.

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Challenges Facing Organizations with Local and Global Reporting Requirements


Organizations need to strike a balance between global and local reporting requirements. This is particularly challenging, as a lack of flexibility in data structures adversely impacts both business development and local reporting. Organizations must thus focus on harmonizing the global model and data structures, and assist local entities in designing for local requirements—thereby providing one data source for reporting.

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Have You Outgrown Your Accounting Solution? Six Criteria to Consider


When your company grows, your accounting software needs to grow with it. Learn about the considerations that go into deciding when it's time to move up to a more powerful financial solution.

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Process Manufacturing: Industry Specific Requirements Part Three: Textiles


As with any manufacturing operation, process manufacturing has special system requirements such as formulas, unit of measure conversions, and packaging recipes. However, within the realm of process manufacturing, specific industries have needs that are more critical than others. This article explores these critical needs for the food and beverage, chemical, and a hybrid industry (textiles), so that you can focus on these requirements when evaluating enterprise-wide software.

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