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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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 example letter franchise

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

Documents related to » example letter franchise

Aligning Information Technology with Corporate Strategy


Aligning information technology (IT) with corporate strategy is key to maximizing the business impact of IT investments. Tree Top's structured process of reviewing proposed IT investments will allow an enterprise to understand this alignment, and prioritize investments.

example letter franchise  reviewed industry metrics, for example the return on equity, or days sales outstanding of competitive companies. Improvement estimates were made by the executives and associated team members who owned each business process. They estimated improvement goals at three levels: an optimistic goal; what they really expected to happen; and a conservative goal. Using the mapping data, OA converted the improvement of the specific KPI into financial impact. It considered the impact to revenue, costs, and working ca Read More

Lose the Starry-Eyes, Analyze:An Ideal Customer for Relevant INFIMACS


This is an example, using Relevant Business Systems, of how you can use the TEC ERP Evaluation Center's WebTESS tool to locate vendors that consider your company their ideal candidate.

example letter franchise  for Relevant. If, for example, your company will not need its system to address personnel management or benefit management, but does need it to take care of payroll management then the Relevant solution might initially look like a good fit for your company. Suppose your company is seeking a solution that offers excellent support for payroll management but does not need any of the other features under the human resources criterion. In Relevant''s case, you will notice that every rating in the Earnings and Read More

Global Vendor Negotiation Strategies


TechnologyEvaluation.Com has defined 6 global negotiation categories and macro questions that should be reviewed in preparation for any major technology negotiation.

example letter franchise  can be devastating. For example, if a vendor misses their revenue targets for a given period, a public company loses a percentage of its market capitalization under lowered expectations. To shore-up the stock price, many vendors tap into their cash reserves for a stock buy-back. Lowered cash reserves are typically coupled with trimmed expenses, and revised (and reduced) hiring plans. The next step is a scaled-back research and development agenda, meaning weakened and less frequent upgrades for clients, Read More

The Alignment-focused Organization: Bridging the Gap between Strategy and Execution


Aligning your business plans with your method of execution requires more than a peek at financial metrics. Initiatives, tasks, people, and metrics must be aligned with corporate goals. Find out how strategy management software, alone or as part of a performance management solution, can provide clear visual links between individual initiatives and broader goals, and ultimately enhance your business’s overall performance.

example letter franchise  Figure 5 shows an example of an online discussion thread. Figure 5: An Online Discussion Thread Optimizing operational reviews Reports on performance are part of every organization''s operations '' from weekly status meetings to quarterly or annual reviews. Regular, frequent operational reviews keep everyone informed, especially when reports make sense and are based on reliable data. Strategy management software can automate the preparation of reports for these reviews and provide access to live data. Read More

To ERP or Not to ERP, that Is the C-level Question


Whether your organization is looking to take the leap into an enterprise resource planning (ERP) system for the first time or seeking to add to the current ERP system’s functionality, your organization no longer must be bound to a one-size-fits-all ERP solution. One can pick and choose from the best of the best from ERP component vendors to fit your needs.

example letter franchise  by your organization. An example high-level view of an ERP system broken down into its composite application modules is shown below. In this example, an ERP system that would support the needs of the organization includes the functional modules of financials, human capital management, customer relationship management, transportation management, manufacturing management, and inventory management. ERP Component Examples Let’s look at a couple of examples where a best-of-breed, component approach to an ERP Read More

Demystifying the EPC Global Network: An explanation of ONS, EPC-IS, and EPC-DS


As goods traverse the supply chain, various parties need to exchange information about these goods. This requires interoperability across the global network, creating the need for the EPCglobal Network.

example letter franchise  Figure 1 illustrates an example of a supply chain, with the various read points shown in the circles at some of the points where you might want to track the object. Figure 1 Examples of RFID Read Points as a Tagged Object Flows Through a Supply Chain ( click here for larger verison ) It seems simple enough, until you start digging in and asking questions like: Exactly what information do tagged objects provide at each of these read points? How do I find information beyond what is in the tag of the Read More

14 Ways Web-based Technology Can Change Your Franchise


In a business and technology environment that evolves faster all the time, a key challenge for franchise operators is to continue finding ways to improve. Some recent advances in the architecture of Web-based business tools have major consequences for franchise operators. Find out more.

example letter franchise   Read More

Poor Data Quality Means A Waste of Money


Data quality sounds like a motherhood and apple pie issue, of course we want our data to be right. However, very few enterprises get serious about it. Maybe that's because the cost of data quality is hidden. That cost can be huge.

example letter franchise  Let''s look at some examples. A recent study by the Grocery Manufacturing Association (GMA) and the Food Marketing Institute (FMI) focused on the impact of data quality in the supply chain. The study estimates that: 12 23% of sales and administrative personnel time is spent correcting invoices, orders, purchase orders, etc. 3 5% of all stock outs, resulting in a loss of sales, are due to data quality issues. Item catalog errors take on average $60 80 per error to fix and catalogs average an error rate of Read More

The Fuzzy Logic Between Lead and Lag Indicators


Analog Devices was the first company to implement a balanced scorecard company-wide on an Executive Information System. In fact, it has been running for 13 years. One of the major lessons that Analog learned was to trust the lead and lag relationship between non-financial and financial measures. This note was based in part from an interview with Art Schneiderman, pioneer of the balanced scorecard concepts at Analog Devices and Bob Stasey, VP of Quality at Analog Devices.

example letter franchise  point in time. For example, companies that achieve fast cycle times later reported triple the revenue growth and double the profits over industry average competitors. However, given the many complex interactions between parts of the organization and the external environment, a quantified linkage is a stretch. Architecture Impacts Companies need a business reporting architecture that ensures that the right information is provided at the right time. As opposed to quantifying the lead-lag relationship, 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.

example letter franchise  percent of sales (the example will use 75 percent). Using industry averages for each major benefit, the improved business processes and associated information system almost double the current pretax income. Inventory Reduction . A 20 percent reduction in the current inventory of $3 million results in ongoing benefits of lower inventory carrying charges. Using a carrying cost of 25 percent results in $150,000 in lower carrying charges each year, identified here as part of the administrative expenses. Read More

Use CMMS to Improve PdM Performance


Companies that have moved from a highly reactive environment to a more planned one notice significant improvement. A computer maintenance management system (CMMS) or an enterprise asset management (EAM) is a useful tool to create a planned environment, help build accurate equipment history, and develop comprehensive analysis capability. Reprinted with permission from Plant Engineering and Maintenance magazine.

example letter franchise  a costly exercise. For example, monitoring the condition of each and every light bulb in your facility so that they might be replaced just prior to failure is massive overkill. On the other hand, however, allowing a critical component of an expensive asset to run to failure is unthinkable. Maintainers have the option of monitoring conditions (e.g. vibration), whereby they can save millions of dollars in downtime costs. These are obvious examples. With most assets, however, it can be a long and painful Read More

A Road Map to Data Migration Success


Many significant business initiatives and large IT projects depend upon a successful data migration. But when migrated data is transformed for new uses, project teams encounter some very specific management and technical challenges. Minimizing the risk of these tricky migrations requires effective planning and scoping. Read up on the issues unique to data migration projects, and find out how to best approach them.

example letter franchise  driven by larger projects—for example a master data management (MDM) initiative, a new business process, or a data consolidation effort that supports a new reporting environment. Any changes to the parent project schedule affect the data migration schedule, including changes to production deployment, and the changes to test and beta deployment schedules. The parent project may change its approach to implementation, such as moving from a regional phased approach to a product phased approach. For Read More

Analyst / SCT Share Vision at SCT User Conference


The SCT User Conference featured industry analysts from Gartner Group, AMR Research and Meta Group each sharing its vision for the future of enterprise systems with the audience. Customers, in special interest groups and in presentations discussed their success with SCT’s products. SCT showed both their existing product set plus their vision for the future with a series of product announcements and prototypes of future products.

example letter franchise  SCT''s target markets, for example food and CPG. These relationships include distributors, brokers, agents, channel partners, logistics providers and retailers. The product in question will be later this year. An array of customers presented their experience with SCT products, including Coca Cola , Safeway , Miller Brewing , Cargill , Basic American Foods and others. These presentations covered ERP, SCM and e-business success stories. Some customers use the entire SCT product suite, but many use portions, 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

example letter franchise  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 product lifecycle management (PLM) solutions under the 3DEXPERIENCE brand, has  acquired SFE GmbH , a leader in body conceptual engineering and performance evaluation and optimization. The addition of Read More

Three Things You Need to Know before Investing in Mobile HCM


Mobile technology has reshaped the functioning of human resources and talent management departments due to its ability to reach people in real time and at any location. Time and expenses can be tracked and shifts scheduled via mobile devices, and training content can be delivered to employees working remotely. In addition, organizations can maintain real-time communication with job applicants, as

example letter franchise  via mobile devices (one example is the ability to scan bar codes by utilizing the phone’s camera). Managers can attend to approvals, monitor their team’s activity, and track the location of punches, all thanks to GPS technology. Talent management Talent acquisition benefits extensively from mobile technology. From a candidate’s perspective, receiving real-time alerts from employers or staffing agencies as well as following the status of an application are often time-sensitive aspects that are Read More