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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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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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 fact accounting


Accounting for SMB Showdown
I'm Larry Blitz, editor of TEC's Vendor Showdown series. Today's Showdown pits two major enterprise resource planning (ERP) and accounting for small to midsized

fact accounting  also evidenced by the fact that it has over 125 offices around the world. Marquee accounts Caterpillar, DAF Trucks, PricewaterhouseCoopers, Siemens Bristol-Myers Squibb, Coca-Cola, GlaxoSmithKline, Heinz, TRW, American Airlines Market cap $497 million (USD) Privately held Annual revenue $319 million (USD) $2.1 billion (USD) In the Software Top 100—the World's Largest Software Companies of 2007 (compiled by softwaretop100.org), Infor ranks 38th, with Exact holding down the 71st spot. Exact Globe

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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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Documents related to » fact accounting

10 Questions to Ask Your Finance and Accounting Software Vendors Before You Buy ERP


When conducting a mid-market enterprise resource planning (ERP) system comparison, there are several key questions that you should ask: How much should ERP software cost? What IT resources will be needed to implement it? But don’t stop there. The seas of ERP are vast, and navigating through the current market is not simple. Equip yourself with these questions before evaluating and interviewing vendors.

fact accounting  your company's business in fact, Boston-based AMR Research calls it a buyer's market and they will try their best to dazzle you with spectacular product demos and enticing promises of a smooth-sailing deployment. Don't be fooled. Midmarket ERP offerings may be scaled down to meet the requirements particular to midmarket companies, but that doesn't change the inherently complex and expensive nature of enterprisewide technology that links together many disparate business processes. To make sure that you Read More

Accounting for SMBs: A Solution Beyond Entry-level Systems Red Wing Software


Many SMB companies need more functionality than an entry-level system offers, but cannot afford to pay $15,000 (USD) or more for a higher-end product, nor do they really need the complexity found in these products. Red Wing Software’s TurningPoint is a good mid-market product that plays well in this market.

fact accounting  more expensive products. In fact, some of the functions supported by TurningPoint are not even available in these higher-end products (production plans and automatic purchase order creation, just to name two). TurningPoint is an excellent product and should be considered to possibly take advantage of this price/functionality advantage. About the Author Charles Chewning , Jr . is president of Solutions, a Richmond, Virginia-based (US) consulting firm specializing in accounting software selection. He is Read More

Best-of-breed Approach to Finance and Accounting


CODA's savvy accounting and financial offerings include budgeting, forecasting, scorecards, and tools that use Microsoft Excel spreadsheets collaboratively and securely. However, CODA must defend its narrow specialist and best-of-breed approach against larger-scale integrated enterprise system offerings.

fact accounting  It is a well-known fact that many accountants currently use Microsoft Office tools like Excel in their closing processbut in isolation. Conversely, CODA Collaborative Close integrates these tools with a wide variety of corporate finance systems to bring a unified approach to the problem, with the likely result of improved speed and control over information gathering, allowing more time for analysis and planning. The idea is to help user organizations meet the regulatory demands of the Sarbanes-Oxley Act Read More

Accounting Software Selection Challenge #3: Microsoft vs. Infor (Difficulty = Basic)


I just want to make a quick point to address a popular software selection misconception. Here’s the misconception:  “The best accounting package for my business is the software that supports the most comprehensive breadth of accounting functionality.” And below are a couple of graphics from TEC Advisor (based on a hypothetical accounting software selection project) that show why this

fact accounting  of course, pricing. These factors are not reflected in the graphs above. Now, here’s your accounting software selection challenge: Can you tell me why modifying your priorities changes the overall accounting product ratings? The answer is critical to software selection success. In fact, many software selection mishaps are directly attributable to improper assessment of business priorities. If you want to play around with these priorities yourself, you can. Do it . (If you found this blog post thanks Read More

POLL: Is Cloud-based Accounting/Financial Software Right for You?


TEC is preparing a new Financial Packages Buyer’s Guide, and we’d like to hear your thoughts on cloud-based finance and accounting software. Your responses to the questions below will help us keep the guide focused on the needs of real-world accountants, financial managers, IT specialists, and other professionals.{democracy:70}{democracy:71}{democracy:72}{democracy:73}{democracy:74

fact accounting  Is Cloud-based Accounting/Financial Software Right for You? TEC is preparing a new Financial Packages Buyer’s Guide, and we’d like to hear your thoughts on cloud-based finance and accounting software. Your responses to the questions below will help us keep the guide focused on the needs of real-world accountants, financial managers, IT specialists, and other professionals. {democracy:70} {democracy:71} {democracy:72} {democracy:73} {democracy:74} Thanks for taking the time to participate in this Read More

Geac Upgrades Accounting And Human-Resources Apps -- SQL Release 6.0 Simplifies Purchasing And HR Services For Midsize Companies


Geac SmartEnterprise Solutions released an updated version of its human resources and accounting applications for midsize companies at the beginning of January. SQL Financials and HR Release 6.0 are available immediately, as are a set of employee self-service applications that integrate with the suite. Geac SmartEnterprise, a division of Geac Computer Corp., acquired the SQL suite last year from Clarus Corp.

fact accounting  Safety Systems; Publishing Systems; Manufacturing & Distribution Systems; Real Estate Systems; Cash & Securities Reconciliation Solutions. Other industries might also benefit from evaluating the above mentioned Geac point solution, bearing in mind inevitable integration issues with other systems in place. Read More

SMB Finance and Accounting Checklist: What You Need to Consider Before You Buy


Making a list and checking it twice is a particularly good practice when picking a finance and accounting software solution. If you don’t find the right product for your company, you’ll just pay for the mistakes on the back end. But first you need to know which features your small to midsize business must have and which you don’t want. Get some tips that will help you create your finance and accounting checklist.

fact accounting  Finance and Accounting Checklist: What You Need to Consider Before You Buy Making a list and checking it twice is a particularly good practice when picking a finance and accounting software solution. If you don’t find the right product for your company, you’ll just pay for the mistakes on the back end. But first you need to know which features your small to midsize business must have and which you don’t want. Get some tips that will help you create your finance and accounting checklist. Read More

Technology Evaluation Centers moderates enterprise software sessions at CPA Houston Spring Accounting Expo


Technology Evaluation Centers Inc. (TEC), the leading resource for impartial enterprise software selection announced today that it will be moderating two sessions for the prestigious Houston CPA Society Spring Accounting Expo, being held May 28-29, 2008 at the Houston Reliant Center.

fact accounting  Evaluation Centers moderates enterprise software sessions at CPA Houston Spring Accounting Expo Technology Evaluation Centers moderates enterprise software sessions at CPA Houston Spring Accounting Expo Oracle, Microsoft, Sage, Microsoft Dynamics and Intuit accounting and financial solutions compared Montreal, Quebec, May 26, 2008- Technology Evaluation Centers Inc. (TEC) , the leading resource for impartial enterprise software selection announced today that it will be moderating two sessions Read More

9 Things to Look For in Lean Accounting Software for Manufacturers


I attended the Lean Accounting Summit in Orlando in September, and I’m still struck by the totally different attitudes of companies that choose lean transformation versus conventional non-lean companies. Lean thinking certainly isn’t new to the business community, but many managers and business influencers still have no clear understanding of lean. They typically pick and choose their lean

fact accounting  Lean Accounting Software for Manufacturers I attended the Lean Accounting Summit in Orlando in September, and I’m still struck by the totally different attitudes of companies that choose lean transformation versus conventional non-lean companies. Lean thinking certainly isn’t new to the business community, but many managers and business influencers still have no clear understanding of lean. They typically pick and choose their lean manufacturing tools, and ignore other lean principles that contribute Read More

SAP as a Retail Market Force: More Fact Than Fiction


Can SAP, a market and technology leader in business management software, translate its success in the manufacturing industry to retail? TEC principal analyst P.J. Jakovljevic reviews the complexities of this master vertical and the steps SAP has taken to address them. The ensuing candid discussion with the SAP Retail Industry team sheds some light on SAP’s strategy with regard to the retail industry.

fact accounting  Retail Market Force: More Fact Than Fiction It is well known that SAP AG , founded in 1972, is a market and technology leader in business management software, and since those early days retailers have been using the now legacy SAP R/1 and SAP R/2 financials solutions to support their financial processes. With the success of the client-server SAP R/3 enterprise resource planning (ERP) solution in the early 1990s and the burgeoning expansion of the global ERP market, SAP embarked on tailoring its solutions Read More

TEC Helps SNK Canada Transform Its IT Consulting Business


In late 2011, SNK Canada was engaged to help a sports management client select operations, accounting, and IT management software to replace a legacy system. The client was suffering productivity losses, and the cost of the legacy software was a growing concern. Learn how Technology Evaluation Centers (TEC) helped SNK Manage the complexities of the project, so SNK could quickly identify the right system for the client.

fact accounting  online accounting software,home accounting software,project management software,best accounting software,microsoft accounting software,network management software,free accounting software,sap accounting software,accounting software mac,free accounts software,tally accounting software,facilities management software,accounts software,online accounts software,personal accounting software Read More

Top ERP, CRM, Accounting, HR, POS, CMMS-EAM Software Comparisons


To find out, simply use. TEC's ERP comparison reports to compare any three ERP manufacturing solutions of your choice.

fact accounting  ERP solutions dedicated to manufacturing businesses. There are a lot of new accounting solutions dedicated to businesses of all sizes and industries. There are a lot of customer relationship management (CRM) solutions, a lot of human resources (HR) and human capital management (HCM) solutions, a lot of new point of sale (POS) and retail management systems (RMSs), a lot of new computerized maintenance management systems (CMMS) and enterprise asset management (EAM) solutions on the market. Here's your Read More

Flexi Software


FlexiInternational Software, Inc. ("Flexi") provides business accounting solutions. The FlexiFinancials Enterprise Suite consists of accounting applications and components that are sold directly and through partnership programs, including private label partnerships (FIP). Flexi has been providing scalable, high volume processing, international solutions to financial services, banking, insurance, and other service organizations across the globe for over a decade.

fact accounting  Software FlexiInternational Software, Inc. ( Flexi ) provides business accounting solutions. The FlexiFinancials Enterprise Suite consists of accounting applications and components that are sold directly and through partnership programs, including private label partnerships (FIP). Flexi has been providing scalable, high volume processing, international solutions to financial services, banking, insurance, and other service organizations across the globe for over a decade. Read More

Integrated Workforce Management (WFM) Platforms: Fact or Fiction? - Part 3


Part 1 of this blog series analyzed the major modules of integrated workforce management (WFM) suites that organizations can deploy to better schedule and assign work in their production and distribution facilities and in retail stores. Concrete examples of commercially available products included those from Kronos and RedPrairie Corporation, given those two vendors’ notable

fact accounting  Workforce Management (WFM) Platforms: Fact or Fiction? - Part 3 Part 1 of this blog series analyzed the major modules of integrated  workforce management (WFM)  suites that organizations can deploy to better schedule and assign work in their production and distribution facilities and in retail stores. Concrete examples of commercially available products included those from Kronos and RedPrairie Corporation , given those two vendors’ notable recent moves in the WFM field. While Part 1 explained the Read More