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 how to write justification


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 justification  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

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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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Compare Software Solutions

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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 software.

how to write justification  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

Information Security Firewalls Market Report Part Two: Current Market Trends and User Recommendations


Numerous firewall solutions exist in the market. However, decision makers can wade through the thousands of product criteria to find the right solution by properly prioritizing company’s needs, avoiding common pitfalls, and through proper research.

how to write justification  They need to know how to pick the right firewall based on their companies' needs. This can be a daunting experience, given the thousands of criteria each solution has. To help you navigate through the market, the Information Security Firewalls Market Report looks at four of the leaders in the information securities firewall market: Cisco , Check Point , Juniper Networks , and Symantec . Earlier, we evaluated their solutions based on a set of priorities using TEC's decision engine (see Part One ). To view 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 selling process. It won't be long before several B2B software companies position their products as providing a superior ROI. Read on to find out if it's the right position to claim.

how to write justification  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

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 their own sales force. Often sales professionals don’t have the proper skills or tools needed to be successful. But by integrating the four sales process components, they’ll be able to capture information that can be used to place them high above the competition.

how to write justification  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

Key SCM Features to Look For (And Major Players to Look Out For)


Many CFOs, CTOs, supply chain managers, and logistics managers struggle to decide which supply chain management (SCM) software is best-suited to their organizational needs. It doesn’t help that there is an abundance (literally hundreds) of SCM solutions available on the market. Today, I’ll help you understand key SCM modules, and look at some key players with well established SCM solutions

how to write justification  SCM Features to Look For (And Major Players to Look Out For) Many CFOs, CTOs, supply chain managers, and logistics managers struggle to decide which supply chain management (SCM) software is best-suited to their organizational needs. It doesn’t help that there is an abundance (literally hundreds) of SCM solutions available on the market. Today, I’ll help you understand key SCM modules, and look at some key players with well established SCM solutions. Key SCM Features The core purpose of any SCM Read More

Pay, Performance, and Productivity: How to Use Compensation to Motivate and Make a Difference


Compensation has consistently remained one of the top five job-satisfaction factors considered most important to employees. A well-designed compensation strategy that connects rewards and performance can benefit both employers and employees. This white paper discusses some of the key factors.

how to write justification  Performance, and Productivity: How to Use Compensation to Motivate and Make a Difference Compensation has consistently remained one of the top five job-satisfaction factors considered most important to employees. A well-designed compensation strategy that connects rewards and performance can benefit both employers and employees. This white paper discusses some of the key factors. Read More

To Have or Not to Have Supply Chain Software: Can the Riddle Be Solved?


In a previous blog post, I discussed two approaches to bringing down the overall cost of your supply chain (by using either cost-cutting or -reducing methods). Another blog was about bringing cost down by using better or best inventory management processes and practices. As we have already discussed the methods, processes, and practices, let’s look now at some of the technological aspects of

how to write justification  Have or Not to Have Supply Chain Software: Can the Riddle Be Solved? In a previous blog post, I discussed two approaches to bringing down the overall cost of your supply chain (by using either cost-cutting or -reducing methods ). Another blog was about bringing cost down by using better or best inventory management processes and practices . As we have already discussed the methods, processes, and practices, let’s look now at some of the technological aspects of reducing cost. The first question that Read More

The High Cost of Change for ERP: What Does It Take to Keep Up-to-date?


Businesses of all sizes and in all industries are finding it difficult and costly to update and modify enterprise resource planning (ERP) systems after installation. The question isn’t whether a typical ERP solution supports change, but rather at what cost? Learn what midsize companies are doing about maintaining, modifying, and updating their ERP systems post-implementation, and what you could be doing better.

how to write justification  High Cost of Change for ERP: What Does It Take to Keep Up-to-date? Businesses of all sizes and in all industries are finding it difficult and costly to update and modify enterprise resource planning (ERP) systems after installation. The question isn’t whether a typical ERP solution supports change, but rather at what cost? Learn what midsize companies are doing about maintaining, modifying, and updating their ERP systems post-implementation, and what you could be doing better. Read More

TechSoup Global to Bring NetSuite Cloud Software to Nonprofits


NetSuite partners with TechSoup Global to bring NetSuite’s suite of cloud business management applications to non-governmental organizations (NGOs) worldwide.

how to write justification  the globe have reportedly shown an interest in cloud-based technology, according to a 2012 TechSoup Global survey of more than 10,800 NGOs in 88 countries. Qualified NGOs can also benefit from NetSuite.org’s grantee support programs such as SuiteVolunteers, which pairs NetSuite employees with grantees to tackle the NGOs’ back-office challenges through ongoing pro-bono projects. Read More

How to Get Closer to Your Best Customers


In the white paper Get Closer to Your Best Customers, you'll find a host of new ideas and proven best practices for dealing with customers more e...

how to write justification  close to your customers, how to weather an unpredictable economy and emerge even stronger, ways to package your products, promotions, and pricing to satisfy changing customer demands, how to increase sales volumes, bring in new accounts, and develop new markets, and how to make sense of company data, and measure the effectiveness of sales and marketing campaigns. There are many ways to improve the way you approach customers during these difficult economic times. Learn about them in the white paper Get Read More

PROACTIS Source-to-contract and Purchase-to-pay Solutions Ruling the UK Public Sector


PROACTIS now helps more than 120 public sector organizations managing £15 billion of public sector spend in the UK and over 100,000 suppliers to streamline their source-to-contract and purchase-to-pay processes to achieve better value and control. The most recent win was at the Flintshire Council,  and now 20 out of 22 local authorities in Wales use PROACTIS.  Also recently, Newham

how to write justification  Source-to-contract and Purchase-to-pay Solutions Ruling the UK Public Sector PROACTIS now helps more than 120 public sector organizations managing £15 billion of public sector spend in the UK and over 100,000 suppliers to streamline their source-to-contract and purchase-to-pay processes to achieve better value and control. The most recent win was at the Flintshire Council,  and now 20 out of 22 local authorities in Wales use PROACTIS.  Also recently, Newham Council chose PROACTIS Read More

Microsoft to Add "Encore" Functionality to MBS Great Plains 8.0 Part One: Event Summary


By adding nonprofit and public sector accounting capabilities to the forthcoming MBS Great Plains 8.0 release via acquiring a former independent software vendor (ISV) partner Encore Business Solutions, Microsoft Business Solutions (MBS) may find a way to counteract its archrival Best Software's superiority in the target market.

how to write justification  (for more info, see How Great is Great Plains' Manufacturing Offering (Did Somebody Say Microsoft)? , and Great Plains' Latest Product Offering—Ready to Stampede the SME Market? ). Currently, the product has over 32,000 customers primarily in North America and Latin America, and it has been sold through 1,600 resellers. Like its MBS Solomon and MBS Navision siblings, MBS Great Plains' modules are available in two editions. The upper-end edition, called Great Plains Professional, is aimed at Read More

What if Companies Could Use Science to Align Prices to Market and Maximize Margins?


Zilliant, a data-driven, price management software provider, aims to enable business-to-business companies to optimize revenue and margins through decision support and automation software that delivers more effective discount guidelines, in-depth price analytics, intelligent deal management, and successful price promotions.

how to write justification  consulting circles that highlight how analytical math and science capabilities have become competitive necessities, as firms seek to optimize business processes and decision making. Namely, in recent months, BusinessWeek , Harvard Business Review , and McKinsey & Co . have all published articles on this trend, citing examples of how innovative companies are marrying sophisticated analytical techniques with their enterprise data to realize untapped, significant opportunities for competitive and market Read More

From Local to Hosted: The Story of One Company’s Migration to On-demand ERP


Here’s the inside story on how an international manufacturer using a traditional, local enterprise resource planning (ERP) solution shifted gears to end up with an on-demand, remotely hosted ERP system. It wasn’t the change the company originally intended, but the benefits proved too overwhelming to resist.

how to write justification  actually saw this is how it operates, it was something we needed to go back to and address. So if I would do it different—up-front training, to really get the system, then the design process to match gaps or to fill gaps. WT: David, thank you so much for sharing your insights and experiences with NetSuite. DS: No problem. Thanks for listening to TEC radio. If you would like more information on evaluating and selecting on premises or hosted ERP solutions, check out www.technologyevaluation.com . If you Read More