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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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 household accounting


Banking Industry's Fair Value Accounting (FVA) Conundrum
Every company and almost every individual holds fixed assets. Over time, these assets change in value. For example, real estate tends to increase in value

household accounting  fail, every company or household around them fails due to the domino effect. As the SEC has to be firm about its FVA rules, world governments become the saviors. Although the world’s largest consumer products country was one of the major causes of the world crisis, it is the world leader for the cure. Congress and the Senate are injecting funds (bailout money) to prevent world economic collapse. Only time will tell about FVA decisions regarding the banks wishes. January 2009 update: In December, the

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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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Service Chain Information will Transform the Total Chain


Moving to a performance-based service business model will have huge implications for the whole value chain. Its principle is to manage for outcomes—procure performance rather than parts and people. It requires total business process reorientation from services and maintenance through procurement techniques, as well as the IT platform for integration.

household accounting  performance. Imagine the average household buying a backup auto, dishwasher, TV, and all their appliances, because the uptime on these products was less than 50 percent and they had to have a backup while their furnace was in for repair. Click on image for larger view. Performance-Based Management Moving to a performance-based business model will have huge implications for the whole value chain. Firstly, it's giving customers what they really want. As someone once said, our customers don't want drills, t Read More

Can Technology Make CFO's and Controller’s Jobs More Strategic? - Part 1


While setting down the thoughts for my recent “SaaSy discussion” blog series To SaaS or Not: Is that a Question?, something else related to software as a service (SaaS) and on-demand applications crossed my mind. Namely, it is a fact that SaaS and business process outsourcing (BPO) providers have largely liberated human resource (HR) and payroll managers from the drudgery of performing menial and

household accounting  even mission-critical for a household, like ERP supposedly is for an enterprise). Second, people tend to (unconditionally) love their pets, as opposed to ERP systems. But the point here is about thinking through all of the ongoing costs and ramifications. So CFOs and controllers would purchase happily, invest upfront, and then continue to invest, and invest… and invest. And we are not talking here about just dollars, since CFOs and controllers invest their valuable decision-making time in an ongoing “ Read More

Exact Software--Working Diligently Towards the "One Exact" Synergy Part Three: Market Impact


While not really a household name in North America before the Macola acquisition, Exact has always been a force to reckon with in the lower end of the ERP mid-market in Europe, and occasionally, to a degree, elsewhere in the world.

household accounting  While not really a household name in North America before the Macola acquisition, Exact has always been a force to reckon with in the lower end of the ERP mid-market in Europe, and occasionally, to a degree, elsewhere in the world. This is Part Three of a six-part note. Parts One and Two detailed the event summary. Parts Four and Five will continue the market impact. Part Six will cover challenges and make user recommendations. The Macola Acquistion The acquisition, which seemed a good match at the time, Read More

How One Distributor Played Wal-Mart's Distribution Game-And Won


As a supplier to Wal-Mart, appliance manufacturer Haier America was required to implement a radio frequency identification (RFID) tagging system. To satisfy this requirement and to keep costs to a minimum, Haier needed a solution that would seamlessly integrate with its current enterprise resource planning (ERP) application. That’s why it turned to a custom-designed modification package. But was it enough for Wal-Mart?

household accounting  seeks to become a household name in America. Haier recently implemented an RFID tagging system to meet new Wal-Mart requirements for select vendors. The company partnered with VAI (Vormittag Associates, Inc.) to develop the solution. Challenges While researching RFID technology and the various products on the market, Haier recognized that RFID implementation had the potential to be a massive undertaking or a simple label-and-ship process. Haier simultaneously recognized that, over time, the requirement fo 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 resource planning (ERP) market work to their advantage. Learn the industry’s top 10 strategies to grow your company and revenue by upgrading from an out-of-the-box finance solution to one that better connects systems and processes throughout your business.

household accounting  Fundamental Strategies for Choosing the Right ERP Finance and Accounting Solution for Your Company 10 Strategies for Choosing the Right ERP Finance and Accounting Solution For Your Company If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. In the face of this constant change, Tippit helps thousands of real business buyers make better decisions every day. We also help buyers assess financial services and software vendors who can solve Read More

TRAVERSE


Traverse accounting software is geared to small and mid-size companies. It offers advanced reporting capabilities, e-business solutions, specialized modules for manufacturing and distribution, and a number of featured vertical applications.Traverse has the following key features: intuiitive functionality, Excel-based financial reporting and custom reports, drill down capabilities, and graphing capabilites. The system is scalable and was designed to work with Microsoft technology. Traverse also includes several e-business modules that allow for easy integration into back-office operations and it provides open source code. It is best suited for small companies with twelve users or less that need a Windows-based, enterprise-wide accounting software solution.   

household accounting  Traverse accounting software is geared to small and mid-size companies. It offers advanced reporting capabilities, e-business solutions, specialized modules for manufacturing and distribution, and a number of featured vertical applications.Traverse has the following key features: intuiitive functionality, Excel-based financial reporting and custom reports, drill down capabilities, and graphing capabilites. The system is scalable and was designed to work with Microsoft technology. Traverse also 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.

household accounting  ERP, CRM, Accounting, HR, POS, CMMS-EAM Software Comparisons There are a lot of new 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 Read More

Deacom Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Engineer-to-order ERP Certification Report


The Deacom product Deacom Integrated Accounting and Enterprise Resource Planning Software System (v.10.4) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for engineer-to-order manufacturing in the ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

household accounting  Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Engineer-to-order ERP Certification Report The Deacom product Deacom Integrated Accounting and Enterprise Resource Planning Software System (v.10.4) is now TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for engineer-to-order manufacturing in the ERP Evaluation Center. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst Read More

MBA Accounting Software


MBA's goal is to provide an easy to use, quality accounting software package that can help its clients track their financial status by providing up-to-date information. MBA designs its software based on the needs of customers in the small to mid-range market.  

household accounting  Accounting Software MBA's goal is to provide an easy to use, quality accounting software package that can help its clients track their financial status by providing up-to-date information. MBA designs its software based on the needs of customers in the small to mid-range market. 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 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.

household 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

Top Accounting Software Comparisons 2012


There were a lot of accounting solutions introduced or updated in 2011, and here's your chance to compare them—quickly and easily.

household accounting  Accounting Software Comparisons 2012 Top Accounting Software Comparisons 2012 Accounting Software Comparisons There were a lot of accounting solutions introduced or updated in 2011, and here's your chance to compare them—quickly and easily. Some of the big names include Microsoft , NetSuite, SAP, Aquilon Software, Sage, Pronto Software, Epicor, Exact, UNIT4, and Flexi Software—but there are dozens of excellent systems from lesser known brands. Which one is best for your organization? To find out, Read More

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household accounting  and Public Sector: The Latest Hot Market Public and Nonprofit Sector Markets Public sector or government agencies and nonprofit organizations have similarities in the fact that both require fund accounting and management capabilities, and have complex financial reporting requirements that are quite different from the commercial, for-profit financial accounting. For instance, over dozens of separate government agencies in one state will logically use dozens of different formats to prepare their Read More

10 Strategies for Getting the Right ERP and Accounting Solution


That's where the white paper 10 strategies for getting the right ERP and accounting solution comes in.

household accounting  Strategies for Getting the Right ERP and Accounting Solution If you're a midsized business looking for an enterprise resource planning (ERP) solution, the market trends are all on your side: ERP vendors are hungry for your business. Big vendors (SAP, Oracle, etc.) now have great products for small and medium businesses (SMBs). Traditional mid-market vendors are fighting back with more features and incentives. With all the big trends aligned in your favor, you can come out the winner—but only if you Read More