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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 Read More...

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

fact accounting  of the three main factors when customers make a purchasing decision. According to The Total Cost of Ownership of ERP in Mid-Size Companies (July 2007), 52 percent of the 645 midsize survey respondents cited TCO as their top criterion. Aberdeen Group broke down the average costs including the average number of ERP users, the price of the software, vendor services and maintenance costs by midmarket companies' annual revenues: For a company that makes $50 million to $100 million, the TCO for 92 users is Read More...
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 ...
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Documents related to » fact accounting


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

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...
10 Fundamental Strategies for Choosing the Right ERP Finance and Accounting Solution for Your Company
Big-name vendors are competing with those that have long catered to midsized enterprises. With a little savvy, midsize companies can make the dynamic enterprise

fact accounting  probably count on the fact that some of the midmarket mainstay vendors will bring up the dangers of buying ERP solutions from the bigger players. Epicor does not need to offer stripped-down or 'templatized' versions of its solutions to the midmarket. Our solutions are manageable in terms of cost and functionality and are well suited for the smaller, midsized company, said James Norwood, Epicor Software's vice president of product marketing. Norwood points to the company's Epicor Information Worker (IW) Read More...
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

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...
Cost Accounting Primer
Whether you’re familiar with the world of accounting or not, understanding the basic concepts and principles of accounting functions can give you an essential

fact accounting  edge in the competitive manufacturing sector. This in-depth guide, complete with glossary, takes you through the step-by-step process of cost accounting for manufacturers—from prototype manufacturing, shipping, and full production, through to financial reports. Read More...
An IFRS Fable: The Company That Waited Too Long
Many US companies find themselves acting like “Wait-and-See, Inc.” They interpret the switch from US Generally Accepted Accounting Principles (GAAP) to IFRS as

fact accounting  IFRS Fable: The Company That Waited Too Long Many US companies find themselves acting like “Wait-and-See, Inc.” They interpret the switch from US Generally Accepted Accounting Principles (GAAP) to IFRS as a matter of compliance rather than an opportunity to become more globally competitive by improving key internal processes. But transitioning to IFRS offers many benefits beyond compliance. Find out what those benefits are, and how your company can harness them. Read More...
Your Reference Guide to SMB Accounting Software Features
This reference guide provides insight into the accounting features and functions currently available on today's market for small to medium businesses (SMBs). It

fact accounting  (such as inventory control, manufacturing management, and financial reporting) also integrate with their accounting system. About This Guide Although a full accounting system RFP can contain upwards of 4,000 features and functions, we'll focus on the big picture features for now, for (obvious!) considerations of space. You'll notice that we've grouped accounting features by broad category. These categories correspond to a high-level functional breakdown of software features. In this reference guide, we Read More...
The Certification of an ERP Accounting Package


fact accounting  Certification of an ERP Accounting Package I recently completed a certification exercise for the Flexi Software’s FlexiFinancials package, a functionally rich accounting package that is complete in every way and geared for the banking, insurance, and financial services industries. A package that has integrated business objects with drill-down searching and with full functional and reporting capabilities. We proceeded as follows: I prepared a certification document that I e-mailed to Flexi­ Software Read More...
Certiflex Dimension
Since 1979, Certiflex products have been used in the accounting industry. It has over 1,000 standard industry reports and statements that incorporate GAAP

fact accounting  accounting the areas of after-th-fact accounting, financial generation, payroll services, tax reporting, time and billing, and other professional service tools. The Business Accounting series was developed for a wide range of business operations and industries. Read More...
Epicor Financial Management Software (v. 9.05) for Financial Packages Certification Report
Epicor Financial Management Software (v. 9.05) is now TEC Certified for online evaluation of financial packages in TEC’s Accounting Evaluation Center. The

fact accounting  Financial Management Software (v. 9.05) for Financial Packages Certification Report Epicor Financial Management Software (v. 9.05) is now TEC Certified for online evaluation of financial packages in TEC’s Accounting 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 Read More...
GMS Accounting Management Software
GMS has been generating accounting software specific to not-for-profits since 1980. The GMS Accounting and Financial Management System is not a traditional

fact accounting  Accounting Management Software GMS has been generating accounting software specific to not-for-profits since 1980. The GMS Accounting and Financial Management System is not a traditional commercial accounting or government fund package adapted for not-for-profit use. It is a grant and contract accounting system. In later years, GMS created the GMS Revolving Loan Servicing System for use in clients' offices that administrated revolving loan and other lending programs. GMS is a privately held company and 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

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...
Flexi Software
FlexiInternational Software, Inc. (@Flexi@) provides business accounting solutions. The FlexiFinancials Enterprise Suite consists of accounting applications and

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

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...

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