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The move to IFRS and XBRL
IFRS is an accounting standard dealing with global financial reporting. XBRL is an electronic language describing financial data according to global standards

how to write a justification example  SEC is looking at how it can meet corporations halfway in reducing conversion costs, estimated at in excess of $1 million (USD) per large corporation. Conclusion Conversion to IFRS is not without conversion costs. Oracle and Microsoft executives estimate that fewer than 10 percent of their customers currently use the XBRL features embedded in their products. General Motors has indicated that it will wait to the last minute before implementing IFRS and thus XBRL. With today’s economic climate, the 2014 Read More...
HR System for Banks, Financial Institutions
A multinational bank turned to TEC for help selecting a fully integrated human resources (HR) solution. Find out how the selection project played out.
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Documents related to » how to write a justification example


Is ROI King In Evaluating IT Investments? Part 2. Measuring the Impact of IT Investments
If the underlying business assumptions change, the cash flow projections may be critically flawed but the KPI’s can still be relatively reliable indicators of

how to write a justification example  a hypothetical example of how operational metrics or Key Performance Indicators (KPIs) might be associated with the cash flow projections for an IT project. A company plans to install Radio Frequency/Bar Coding in its main warehouse. The project's cash flow projection is based on 1) enabling the company to carry lower inventory, thus reducing working capital and 2) reducing the staff required during peak shipping hours. For the IRR calculation the value of the lower working capital and the lower staff Read More...
Looking For Software-The Expectations of Small and Medium Enterprises
Small and medium enterprises (SME) looking for software must understand their needs and articulate their expectations to get what they want and need from

how to write a justification example  or have us ask how they want the software to function after we have sold it to them. It is akin to going to a fine restaurant and asking the waiter what s/he recommends and they reply, 'what do you like to eat? .' It is not a legitimate answer and we are taking a much more proactive approach in introducing the best industry specific business processes to our customers. Again, we see that intellectual capital is what counts. SMEs should insist on talking to the people who will actually be working with Read More...
4 Essential Components for Successful Sales
Most companies are aware that the buying processes of the world and its buyers are changing, but many have yet to recognize the need to make changes within

how to write a justification example  journey people will know how to engage in consultative selling behavior on every call. They can have conversations designed to gather the information needed to diagnose the specific challenges of that customer. Then they can prescribe the most appropriate product or service to address that challenge and develop a supporting value proposition. Most importantly, by following a consultative sales process, sales professionals will capture information that can be used to differentiate themselves from Read More...
ROI: Are You Ready to Walk The Walk?
ROI marketing is just starting to become mainstream. ROI selling is already out there, further advanced in adoption because of its perceived relevance to the

how to write a justification example  reader's questions focused on how to create an ROI sales toolbox and what an ROI work-up costs. ROI: A unique strategy for a while So far, ROI has not appeared as a strategic element in software marketing. It's just another claim, sometimes emphasized in an advertisement or web seminar, and generally somewhere down a list of product performance claims. I believe that's about to change. In the not too distant future, we'll see a B2B software vendor develop a positioning statement and message strategy to Read More...
Brewing Up a Better Schedule for a Product with Many Variables
For the coffee producer Mother Parkers, scheduling coffee production across two plants was an ever-increasing challenge. Mother Parkers decided to take

how to write a justification example  Up a Better Schedule for a Product with Many Variables For the coffee producer Mother Parkers, scheduling coffee production across two plants was an ever-increasing challenge. Mother Parkers decided to take proactive steps toward consolidating its day-to-day scheduling data by engaging Supply Chain Consultants (SCC) to help. SCC applied its scheduling algorithms to improve schedule attainment, visibility, and stability—exactly what Mother Parkers needed. Read More...
From Idea to Delivery: Take a Holistic, End-to-End Approach to Bringing Products to Market
The longstanding silos within organizations may be ready for busting, and the right IT strategy can facilitate the collaboration needed to break them down, even

how to write a justification example  Idea to Delivery: Take a Holistic, End-to-End Approach to Bringing Products to Market The longstanding silos within organizations may be ready for busting, and the right IT strategy can facilitate the collaboration needed to break them down, even extending to suppliers, customers, and partners, integrating all processes from idea to delivery. This paper features an interview with SAP’s heads of solution marketing for product lifecycle management and for supply chain management about the Read More...
From Right Brain to Retail: Cutting Time-to-market with PLM
Apparel companies have to cut their lead times in half if they want to stay competitive—a difficult task without the right product lifecycle management (PLM

how to write a justification example  white paper, you’ll discover how PLM solutions can help your company achieve faster time-to-market. And you’ll learn how integrating PLM with your enterprise resource planning (ERP) system maximizes the capabilities of both. Read More...
Extending COBOL to SOA, Web Services, and Beyond: A Look at the Architecture with a Mainframe Perspective
In the rush to explore the “next big thing” in software technology, it’s easy to forget the huge investment you’ve already made in mainframe assets. These

how to write a justification example  COBOL to SOA, Web Services, and Beyond: A Look at the Architecture with a Mainframe Perspective In the rush to explore the “next big thing” in software technology, it’s easy to forget the huge investment you’ve already made in mainframe assets. These assets have performed the business functions that they were designed for, but it’s OK to remain open to new solutions too. By leveraging existing assets while moving to a service-based architecture, you can extend your existing business Read More...
ILM as a Journey: Moving Towards Storage as a Service
Technology decision-making in larger organizations is about making existing IT platforms as efficient as possible. However, there are weaknesses in the day-to

how to write a justification example  we are today—and of how much further there is to go. Read More...
Machine Telematics: Leveraging Machine-to-Machine Technology to Improve Customer Relationships and Product Reliability
Information technology provides the foundation to store, process, and manage today’s huge volumes of telematics data, which will only continue to grow. In

how to write a justification example  Telematics: Leveraging Machine-to-Machine Technology to Improve Customer Relationships and Product Reliability Information technology provides the foundation to store, process, and manage today’s huge volumes of telematics data, which will only continue to grow. In addition, analytical tools are available to tap the intelligence hidden in this data and deliver valuable insights. By capitalizing on the synergy between machine telematics and new innovations such as in-memory computing, mobile, and Read More...
J.D. Edwards - A Collaboration Thought Leader Or A Disguised ERP Follower? Part 1: About J.D. Edwards
Like most of its peers, J.D. Edwards is hoping to rebound by focusing on Internet collaboration and extended-ERP applications. The company has also

how to write a justification example  . Competition To learn how J.D. Edwards fared in a case study of four major ERP vendors, J.D. Edwards, Lawson Software, Oracle, and PeopleSoft, which is based on a software selection effort that was facilitated by TEC during the second half of 1999, see Enterprise Financial Application Software: How Some of the Big ERP Vendors Stack Up . For a discussion of the ERP Market with a listing and rating of the major vendors, see Enterprise Resource Planning Systems Evaluation & Selection Audio Conference . Read More...
Leveraging Technology to Maintain a Competitive Edge During Tough Economic Times -- A Panel Discussion Analyzed Part Two: Business Process Modeling
Business processes must be enabled across the artificial boundaries of disparate applications that must work together to support these business processes. To

how to write a justification example  a single-site environment. Indeed, how many ways do there need to be to pay vendors, create invoices, book debits and credits, or schedule maintenance? However, with respect to more extrovert applications like SCM and CRM, it is important to be able to model the application to how an organization does business with trading partners, and not be constrained by the software. The need for SOA, Web services, and BPM has been boosted by these external processes, which are most often automated workflows that Read More...
How to Survive a Software Selection Project When Your Boss Is a Sociopath
Is your boss the main reason you call in sick on Monday mornings? Do you need to “manage” your boss in order to get any work done? Do you find yourself in the

how to write a justification example  are 5 tips on how to survive your sociopath boss when you’re managing a software selection project. Tip #1: Surviving the Paranoia Is your boss convinced that your software selection project is going to make him look bad? Retain a fair, accurate, and auditable trail of all work up to and including to your software selection. TEC’s best-practice selection methodology recommends developing a report (including graphs, data, and charts) that demonstrates full proof of due diligence, as well as an audit Read More...
Keys to Success for Industrial Equipment Suppliers to Meet Today’s Top Three Issues
Although the industrial equipment market has been growing, based on strong customer demand, companies cannot rest on their laurels. Manufacturers and

how to write a justification example  to Success for Industrial Equipment Suppliers to Meet Today’s Top Three Issues Although the industrial equipment market has been growing, based on strong customer demand, companies cannot rest on their laurels. Manufacturers and distributors must keep adding value to maintain existing contracts and win new business. They must be efficient enough to meet new demands while maintaining margins. Discover solutions that can help total industrial solution suppliers stay profitable during this expansion. Read More...

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