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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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 final accounts


Glossary of Enterprise Applications Terminology Part One: Accounts Payable Through Internet
As enterprise applications systems developed over time, a continuous stream of new terminology surfaced. This is a glossary of those terms.

final accounts  conducted between businesses and final consumers largely over the Internet. It includes traditional brick and mortar businesses that also offer products online and businesses that trade exclusively electronically. capable-to-promise (CTP) : The process of committing orders against available capacity as well as inventory. This process may involve multiple manufacturing or distribution sites. Capable-to-promise is used to determine when a new or unscheduled customer order can be delivered.

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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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INDUSTRIOS Software-All About Make-to-Project Manufacturing


I recently had the pleasure of talking with Mr. Jacques Decarie, Vice President of Oakville, Ontario–based enterprise resource planning (ERP) company INDUSTRIOS Software Inc., which provides ERP software for small to medium manufacturing businesses. Mr. Decarie mentioned that his company offers a complete solution to this niche market for multiple types of discrete manufacturing operations

final accounts  BOM) that breaks a final unit down into components to be transported and assembled. The software tracks what components have already been manufactured or received from other suppliers and tracks those to be delivered on time, and not be forgotten in the midst of the entire delivery cycle. In addition to shipping BOM, there are certainly other relevant functional features that facilitate performing such projects. For instance, specific costing that allows for identifying project cost rather than an item Read More

Margin Squeeze and Globalization in the Food and Beverage Industry


In the food and beverage industry, the channel master makes final volume decisions and mostly controls the unit price, with the manufacturer having limited power to increase or maintain prices. The only real variable the manufacturer does control is cost.

final accounts  channel master makes the final volume decision, and mostly controls the unit price, with the manufacturer having limited power to increase or maintain prices. The only real variable the manufacturer does control is the cost side of the equation. As a result, maintaining margins is the result of lowering cost. Along with market share growth, lowering operating costs is a key way in which consumer goods manufacturers generate profits. This has been quite complicated recently (with rising fuel costs Read More

Coupa 10 Heralds Sourcing for the Masses


Coupa Software, a provider of cloud-based spend optimization solutions for finance, recently announced the release of Coupa 10. The new release features an entirely new sourcing application designed to bring sourcing to the masses by intelligently guiding users to select the best sourcing opportunities to save money based on real-time analysis of their current spend. It further enhances the

final accounts  comparison prior to taking final approval action), and mobile single sign-on (SSO). Read More

The Web-Enabled Sales Process


Traditional enterprise-level sales strategies are no longer sufficient in bringing new customer accounts. Today's self-directed buyers delay sales contact and pre-qualify solutions via the Internet. Sales can leverage this medium by understanding the buy cycle to deliver value and begin an influential on-line relationship.

final accounts  attention focused on the final act of closing the deal. The problem is that the sales department has spent too much time repairing the symptoms of the sales problem and has avoided dealing with its root cause: regaining the ability to influence the purchasing decision process. To effectively influence the purchasing process, sales must find new ways to identify buyers earlier; to collect buyer information; to gain buyer access; and to provide added value. Yet, this task is particularly daunting for Read More

The Certification of an ERP Accounting Package




final accounts  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

The Path to ERP for Small Businesses, Part 3: Selection of ERP Software


The third and final part of the path to ERP for small businesses series describes the software selection stage, including the dos and don’ts during vendor product demos, how to create a shortlist, and finally selecting the vendor that provides the best product and services for your needs.

final accounts  3 will describe the final stage—selecting the software that best fits your specific needs. You started by defining the main activities and workflows in your company, then you created more detailed criteria lists, compared different products, and probably used a decision support system (DSS) to create a shortlist (list of vendors that are the best fit for your organization). Even when using the most complex DSS, some aspects of your business might still be overlooked; thus it's important to supplement Read More

Sage 100 ERP Online


Sage 100 ERP Online (formerly Sage ERP MAS 90 Online) is an enterprise resource planning (ERP) solution that offers a range of functionality for: Core accounting E-commerce Business intelligence (BI) Human resources (HR) and payroll Customer relationship management (CRM) Financial reporting Sage 100 ERP Online core accounting modules include accounts payable (AP), accounts receivable (AR), bank reconciliation, fixed asset accounting (FAS), general ledger (GL), and magnetic media reporting. Project management, manufacturing, and wholesale distribution functionality can help companies automate key processes related to inventory management, bill of materials (BOM), and job costing. Sage 100 ERP Online offers platform flexibility as well as three built-in report writers.

final accounts  100 ERP Online Sage 100 ERP Online (formerly Sage ERP MAS 90 Online) is an enterprise resource planning (ERP) solution that offers a range of functionality for: Core accounting E-commerce Business intelligence (BI) Human resources (HR) and payroll Customer relationship management (CRM) Financial reporting Sage 100 ERP Online core accounting modules include accounts payable (AP), accounts receivable (AR), bank reconciliation, fixed asset accounting (FAS), general ledger (GL), and magnetic media Read More

Intacct


Intacct Accounting On Demand is an integrated accounting solution. It features the following core and specialized applications: General Ledger, Accounts Receivable, Accounts Payable, Cash Management, Employee Expenses, Order Entry, Inventory Control, Purchase Order, Consolidation, Time and Billing, Business Development, Payroll (through Automatic Data Processing, Inc., or Intuit Inc., solutions), Retirement Services (through Principal Financial Services, Inc., solutions), and True Multi-Entity Accounting (via Intacct’s patent-pending M-Console).  

final accounts  Intacct Accounting On Demand is an integrated accounting solution. It features the following core and specialized applications: General Ledger, Accounts Receivable, Accounts Payable, Cash Management, Employee Expenses, Order Entry, Inventory Control, Purchase Order, Consolidation, Time and Billing, Business Development, Payroll (through Automatic Data Processing, Inc., or Intuit Inc., solutions), Retirement Services (through Principal Financial Services, Inc., solutions), and True Multi-Entity Accou Read More

Payroll: The Key to Activity-based Costing for Nurseries, Farms, and Greenhouses


Find out why activity-based costing (ABC) is the best solution to define your costs, accounts, and activities. In this paper, you will learn how a payroll-oriented ABC will help you make more accurate managerial decisions for your agribusiness.

final accounts  nursery managememt,agribusiness,payroll,activity based costing,accounting software,nursery management software Read More

A Primer on Lean Manufacturing Using Microsoft Dynamics AX: Case Studies


To enable organizations to support lean and traditional manufacturing practices in a single system, Microsoft Dynamics AX has incorporated lean manufacturing constructs into its package. Several case studies illustrate the use of kanbans in various lean environments.

final accounts  (BOM) and routing. A final assembly cell produces Product #1 to sales order demand, and completed items are placed in a shipment staging area for subsequent shipment. Production of Product #1 requires Subassembly #1, Part #1A, and other purchased components. These purchased components are stocked next to the final assembly cell, with receipts direct to the location. An inventory location on the factory floor is commonly called a floor stock location or a supermarket location . The right side of figure 1 Read More

Modern ERP Processes Behind Historic Scotch Whisky


The whisky industry is an example of a process industry where it is impossible to accurately predict demand for the final product. Goods stocked must also be meticulously accounted for, in both intermediate (partially finished) and bulk forms.

final accounts  ERP,enterprise resource planning,whisky industry,process industry,demand forecasting,Strategic Systems International,SSI,SSI TROPOS,TROPOS Whisky Workbench,TROPOS Customs and Excise Read More

iScala: Financial Packages Competitor Analysis Report


This financial software knowledge base anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and receivable, reporting, and other bookkeeping requirements. This knowledge base in particular, offers a view on enterprise financial packages, which can complement an existing ERP system.

final accounts  Financial Packages Competitor Analysis Report This financial software knowledge base anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and receivable, reporting, and other bookkeeping requirements. This knowledge base in particular, offers a view on enterprise financial packages, which can complement an existing ERP system. 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 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.

final accounts  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 Read More