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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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 implementing accounting


How to Choose an Accounting System
The challenges to successfully choosing, installing, and implementing new accounting software are many. But so are the opportunities—to gain greater control of

implementing accounting  successfully choosing, installing, and implementing new accounting software are many. But so are the opportunities—to gain greater control of your organization’s financial affairs, to make better decisions, and to improve cash flow, among others. This guide describes the six steps to successfully selecting accounting software.

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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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Documents related to » implementing accounting

Keys to Implementing Project Portfolio Management


Project portfolio management (PPM) is a tool-supported process for optimally managing an organization’s “portfolio” of projects. And although PPM can provide real value, many organizations are finding PPM implementations difficult. However, there are key approaches that can increase your likelihood of success, as well as an effective step-by-step process for implementing PPM within your organization.

implementing accounting  will be successful in implementing PPM. However, having observed many organizations at various stages of the process, I have concluded that there are 8 keys to success: (1) embrace the principles involved, (2) choose an approach that fits, (3) secure executive support, (4) establish governance, (5) create a value-measurement framework, (6) implement effective processes, (7) institutionalize essential capabilities, and (8) follow a road map. 1. Embrace PPM Principles PPM is not just another project Read More

Implementing Enterprise Resource Planning: Lessons Learned from the Front


Successful enterprise resource planning (ERP) implementations can force organizations to reevaluate their business practices and processes, create a higher understanding of the need for data accuracy, and enable a more effective data-sharing environment. However, such high-level benefits require a new approach to project implementation—one that applies the lessons of the past to reinvent the systems of the future.

implementing accounting  there Searches related to Implementing Enterprise Resource Planning: Lessons Learned from the Front : Advantage ERP | Advantages of Enterprise Resource Planning | Advantages of ERP | Analyze Accounting Process | Analyze ERP Process | Application Development | Apply ERP Applications | Apply ERP Framework | Apply ERP Process | Apply ERP Software System | Apply ERP Systems | Apply ERP Technology Systems | Applying ERP Applications | Applying ERP Framework | Applying ERP Software System | Applying ERP Read More

Best-of-breed Approach to Finance and Accounting


CODA's savvy accounting and financial offerings include budgeting, forecasting, scorecards, and tools that use Microsoft Excel spreadsheets collaboratively and securely. However, CODA must defend its narrow specialist and best-of-breed approach against larger-scale integrated enterprise system offerings.

implementing accounting  However, the issue with implementing this in manufacturing- or supply chain-oriented environments is that order processing is typically handled in an operational manufacturing system rather than in CODA financials, and hence the commitment checks need to happen in that system rather than in the CODA system. This leads us to the need for interfacing and integrating disparate systems; although CODA's integration-friendly approach is commendable, some users might still cringe at the mention of any Read More

Justification of ERP Investments Part Four: Replacing or Re-implementing an ERP System


An investment analysis focusing on enterprise resource planning (ERP) benefits frequently applies to those firms initially justifying an ERP implementation. It can also be used to justify a 're-implementation' when the initial efforts have failed to produce desired results. Reprinted from Maximizing Your ERP System by Dr. Scott Hamilton.

implementing accounting  of ERP Costs of implementing an ERP system Replacing or re-implementing an ERP system Reprinted with permission of McGraw-Hill. Classifications of ERP Success Several measures have been used to gauge the successful implementation of an ERP system. The impacts on business performance and bottom-line results provide the best measure of success. Another measure of success is the degree to which the formal ERP system is used to run the business. Four classifications -termed Class A through Class D--have Read More

Accounting and Small Business Software


Accounting systems manage procedures for accurately entering, tracking, and maintaining information related to an organization's financial operations. These accounting applications typically support general ledger (GL), accounts payable (A/P) and accounts receivable (A/R), payroll, job and project costing, and multinational accounting. Many small to medium businesses (SMBs) require that other functions (such as inventory control, manufacturing management, and financial reporting) also integrate with their accounting system.

implementing accounting  and Small Business Software Accounting systems manage procedures for accurately entering, tracking, and maintaining information related to an organization's financial operations. These accounting applications typically support general ledger (GL) , accounts payable (A/P) and accounts receivable (A/R) , payroll, job and project costing, and multinational accounting. Many small to medium businesses (SMBs) require that other functions (such as inventory control, manufacturing management, and 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 will help you determine which features your organization needs—and doesn't need.

implementing accounting  Reference Guide to SMB Accounting Software Features Originally Published - January 16, 2008 So, you're looking for an accounting system. This reference guide provides insight into the accounting features and functions currently available on today's market for small to medium businesses (SMBs). It will help you determine which features your organization needs—or doesn't need. You can also download an extended guide in Excel format at TEC's Accounting Software Request for Proposal (RFP) Template page . Read More

Implementing ERP Technology to Successfully Achieve Return on Investment


When it comes to software implementations, organizations large and small share the common goal of rapid deployment and return on investment. Small and medium businesses (SMB) however, face unique issues and challenges that might not be satisfied by vendors that typically serve the Fortune 1000 or tier one community. Such vendors may tout specialized "SMB solutions", but many times they are nothing more than scaled-down versions of the larger enterprise suites that do not take into account SMB concerns. By following some fundamental concepts, smaller companies can make their technology investments pay off, with little disruption to the business. This paper discusses nine steps to easier ERP implementations and better profits.

implementing accounting  ERP Technology to Successfully Achieve Return on Investment When it comes to software implementations, organizations large and small share the common goal of rapid deployment and return on investment. Small and medium businesses (SMB) however, face unique issues and challenges that might not be satisfied by vendors that typically serve the Fortune 1000 or tier one community. Such vendors may tout specialized SMB solutions , but many times they are nothing more than scaled-down versions of the Read More

Implementing an In-house Solution that Maps to the EDRM


In order for e-discovery software to facilitate a defensible process while reducing cost and reducing risk, it must meet several requirements. In addition to being forensically sound, and having a history of court acceptance, it must support your organization’s existing IT infrastructure. Learn the critical requirements of an effective in-house e-discovery solution.

implementing accounting  an In-house Solution that Maps to the EDRM In order for e-discovery software to facilitate a defensible process while reducing cost and reducing risk, it must meet several requirements. In addition to being forensically sound, and having a history of court acceptance, it must support your organization’s existing IT infrastructure. Learn the critical requirements of an effective in-house e-discovery solution. Read More

Implementing Lean Manufacturing Principles in an A&D Environment


Lean manufacturing is a management philosophy, enabled and supported by various techniques, to eliminate non-value adding activity. However, aerospace and defense (A&D) government regulations impose very different business practices from those followed in the commercial sector. Can lean manufacturing principles really work in A&D? The answer: it depends on the architecture of the enterprise resource planning (ERP) system.

implementing accounting  Lean Manufacturing Principles in an A&D Environment Lean manufacturing is a management philosophy, enabled and supported by various techniques, to eliminate non-value adding activity. However, aerospace and defense (A&D) government regulations impose very different business practices from those followed in the commercial sector. Can lean manufacturing principles really work in A&D? The answer: it depends on the architecture of the enterprise resource planning (ERP) system. Read More

Accounting Software Checklist for Small and Midsized Businesses


Like the smb finance and accounting checklist from inside business finance.

implementing accounting  Software Checklist for Small and Midsized Businesses Selecting a new accounting and finance software solution for your company can be a risky business. If you miss something, it can come back to haunt you later. A good checklist can help ensure that you cover all the angles, and ask the right questions . Like the SMB Finance and Accounting Checklist from Inside Business Finance . Written in clear language, this buyer's checklist for small and midsized businesses (SMBs) gives you the right Read More

Speed-to-Market: Implementing an E-commerce Platform in Three Months


This paper provides guidance on how B2B and B2C companies can navigate a variety of e-commerce implementation choices to accelerate time-to-market. It outlines various platform options and provides insight on important features that organizations should look for when evaluating solutions and vendors.

implementing accounting  to-Market: Implementing an E-commerce Platform in Three Months This paper provides guidance on how B2B and B2C companies can navigate a variety of e-commerce implementation choices to accelerate time-to-market. It outlines various platform options and provides insight on important features that organizations should look for when evaluating solutions and vendors. Read More

Implementing Energy-Efficient Data Centers


But in the white paper implementing energy-efficient data centers, you'll learn how to save money by using less electricitywhether your data cente...

implementing accounting  in the white paper Implementing Energy-efficient Data Centers , you'll learn how to save money by using less electricity—whether your data centers are still in the design stage or fully operational. You'll discover how to employ the two basic kinds of energy consumption reductions—and why one of them delivers up to twice the energy savings when compared to the other how to migrate to energy-efficient computing platforms how to reduce the energy consumption of your IT equipment how to increase the Read More

Yes or No: The Two Models for Implementing Project Portfolio Management


Two models exist for implementing project portfolio management (PPM) systems: the engagement profitability model, and the budget alignment model. The former uses projects and programs as vehicles for managing revenue-generating engagements. The latter is an operational environment where project value varies, and project costs constitute an expense overhead. PPM can align these models to shorten engagements through standard implementation plans.

implementing accounting  The Two Models for Implementing Project Portfolio Management Yes or No: The Two Models for Implementing Project Portfolio Management If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Configuration Solutions’ seasoned staff of experienced ERP, product configuration, business, program management, manufacturing, and technical consultants offers clients a wealth of industry-specific knowledge and expertise—along with innovative 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.

implementing 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