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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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 risk factors


The Two Faces of Risk: Cultivating Risk Intelligence for Competitive Advantage
You needn’t be a seer or sage to perceive risk@it’s as predictable and devastating as a Florida hurricane and as far-reaching as a corporate scandal. But you do

risk factors  You Should Care If risk is not on your radar screen, it’s time to upgrade your detection equipment. A convergence of factors has converted risk management programs from a “nice to have” option to a “can’t live without” imperative. These factors include the following. Regulatory pressures have increased: The New York Stock Exchange now requires the audit committees of all listed companies to evaluate the risk management practices of the company. Stakeholders are flexing their muscles:

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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

Process Manufacturing (ERP)

The simplified definition of enterprise resource planning (ERP) software is a set of applications that automate finance and human resources departments and help manufacturers handle jobs such as order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today's leading ERP systems group all traditional company management functions (finance, sales, manufacturing, human resources) and include, with varying degrees of acceptance and skill, many solutions that were formerly considered peripheral (product data management (PDM), warehouse management, manufacturing execution system (MES), reporting, etc.). While during the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-Business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The old adage is "Such a beginning, such an end", and, consequently, many ERP systems' failures could be traced back to a bad software selection. The foundation of any ERP implementation must be a proper exercise of aligning customers' IT technology with their business strategy, and subsequent software selection. This is the perfect time to create the business case and energize the entire organization towards the vision sharing and a buy in, both being the Key Success Factors (KSFs). Yet, these steps are very often neglected despite the amount of expert literature and articles that emphasize their importance.    

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Documents related to » risk factors

Four Critical Success Factors to Cleansing Data


Quality data in the supply chain is essential in when information is automated and shared with internal and external customers. Dirty data is a huge impediment to businesses. In this article, learn about the four critical success factors to clean data: 1- scope, 2- team, 3- process, and 4- technology.

risk factors  ones with most to risk. How can you make good decisions on bad data? How many systems have master data? Master data is static data such as product number, product attributes, customer or vendor records. Unless you are implementing an ERP or CRM system, initial data cleansing efforts on transactional or historical data would be discouraged. How many integrations do you have that feed your master data to other systems (internal or external) Create a master list by system and data field name. Do you have a Read More

Reducing Operational Risk of IT Service in Finance


An overview for CIOs of the provision and management of IT services at a level that addresses the risk management issues raised by the Basel Committee's New Capital Accord expected to become effective during 2006. Because of the dependence financial institutions have on IT services, the accord requires adequate provision to assure the availability of these services. Centauri Business Service Manager is presented as the solution: one that allows a CIO to assess current risk levels, measure ongoing risk and support a process of ongoing improvement to reduce this risk. Furthermore, Centauri provides the financial institution with a cost-effective balanced scorecard to improve decision-making.

risk factors  II) - to handle risk management throughout financial services. Basel II factors operational risk into the calculation of total capital requirements, widening the scope of the first Accord dramatically and impacting IT and operations departments within financial services providers (FSPs) .Thus, operational risk exposure will become central to financial businesses and FSPs, with the potential to adversely affect earnings and shareholder value. This document outlines a strategy for addressing the Read More

Nothing Succeeds Like Success(Factors) - Part 2


Part 1 of this series introduced SuccessFactors, a public provider of software as a service (SaaS) talent management solutions. My post first analyzed the vendor’s evolution from its traditional People Performance realm to the seemingly more opportune Business Execution (BizX) province. Then, I talked about SuccessFactors’ multiple product editions to satisfy companies of

risk factors  their business decisions, mitigate risk, and take action accordingly. For more information and opinions on the acquisition, see related  blog posts by Naomi Bloom (the Enterprise Irregulars ) ,  Mark Smith of  Ventana Research , and  Larry Dignan of  ZDNet . Social Talent Management Further, the integration of CubeTree's technology now enables companies to easily collaborate across all roles, departments, and geographies, thus increasing productivity and simultaneously strengthening the alignment of Read More

Understanding and Managing Supply Chain Risk


As supply chains continue to grow in size and complexity, companies are focusing more of their energies on managing supply chain risk. While the topic is gaining prominence in boardrooms, many companies do not yet fully comprehend the risks they face. But understanding risk is the first step to managing it—and using the right IT tools can help. Learn what steps you can take to better address your supply chain risks.

risk factors  by identifying and profiling risk variables, assigning factors to risk so they can be assessed quantitatively, and using IT tools to help better understand and manage risk. Taking such steps can help companies be better aware of potential risks and more able to handle supply chain disruptions ' putting them in position to be looking for business opportunities when others may just be looking for a way out. And the same strategies, processes, and IT capabilities that enable supply chain risk management can Read More

Deltek Announces RiskBook, A Collaborative Cloud-based Risk Management Solution


Deltek announces RiskBook, a new collaborative risk management solution that promises to eliminate the time-consuming and error-prone processes that plague project teams.

risk factors  RiskBook, A Collaborative Cloud-based Risk Management Solution Deltek announces RiskBook, a new collaborative risk management solution that enables companies to create and manage risk registers using a consensus-based approach. The cloud-based solution eliminates the time-consuming and error-prone processes that plague project teams. Project risk registers are often collected into a spreadsheet by a project manager who requests feedback from individual team members via e-mail, and then the risks must be Read More

The Convergence of Enterprise Governance, Risk & Compliance Software Solutions


The market for governance, risk, and compliance is still a maelstrom. Some vendors offer GRC software for the enterprise (eGRC), whereas others offer GRC for monitoring access and communications for compliance (IT-GRC). What’s more—both branches of GRC use technology to automate highly complex processes, while some GRC vendors offer capabilities that overlap both areas. To get a sense of the current attitudes toward GRC, Hypatia Research evaluated more than 20 GRC software vendors and interviewed more than 660 users of these applications. Read up on best practices, benchmarks, and vendor ranking.

risk factors  Convergence of Enterprise Governance, Risk & Compliance Software Solutions The market for governance, risk, and compliance is still a maelstrom. Some vendors offer GRC software for the enterprise (eGRC), whereas others offer GRC for monitoring access and communications for compliance (IT-GRC). What’s more—both branches of GRC use technology to automate highly complex processes, while some GRC vendors offer capabilities that overlap both areas. To get a sense of the current attitudes toward GRC, Read More

Managing Business Risk in Industrial Equipment and Supply


Industrial equipment manufacturers and maintenance, repair, and operations (MRO) distributors can’t afford to miss bidding deadlines, delivery dates, product specifications, or service level agreements. They also can’t afford the penalties of non-compliance with regulations. Learn how some businesses are leveraging integrated enterprise infrastructures to maximize profits while minimizing exposure to risks.

risk factors  Business Risk in Industrial Equipment and Supply Managing Business Risk in Industrial Equipment & Supply If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Sage provides business software, services and support to small and medium sized businesses. Whilst our heritage is in the small business market we also have the experience and expertise to meet the needs of specific industries and larger organisations. Source : Sage Resources Read More

Governance, Risk, and Compliance for Life Sciences Companies: Institutionalize Compliance to Reduce Costs and Increase Productivity


Issues of governance, risk, and compliance (GRC) affect nearly everything life sciences companies do. But you shouldn’t approach GRC in an ad hoc manner—implementing point solutions one after another in response to regulatory demands as they arise. This is inefficient and costly—and may result in non-compliance, due to lack of transparency. Learn how an enterprise-wide GRC approach to compliance management can help.

risk factors  Resources Related to Governance Risk Management Compliance (GRC) : Governance Risk Management Compliance (GRC) (Wikipedia) Governance, Risk, and Compliance for Life Sciences Companies: Institutionalize Compliance to Reduce Costs and Increase Productivity Compliance is also known as : Compliance , Regulatory Compliance , Easy Compliance Solutions , Compliance & Regulation , Compliance Mechanism , Information about Compliance , Supports and Educates Compliance , Beyond Compliance Offers Compliance , Offers Read More

Supply Chain Risk Management for Wholesale Distribution Companies: Planning for Disruption


Forward-looking companies are focusing on managing supply chain risk. The same functionality that supports supply chain network visibility, collaboration, and analytics can also enable supply chain risk management. This white paper shows that companies often actually possess the data they need, but disconnected systems impede the ability to make the right data accessible to the right people at the right time.

risk factors  Chain Risk Management for Wholesale Distribution Companies: Planning for Disruption Forward-looking companies are focusing on managing supply chain risk. The same functionality that supports supply chain network visibility, collaboration, and analytics can also enable supply chain risk management. This white paper shows that companies often actually possess the data they need, but disconnected systems impede the ability to make the right data accessible to the right people at the right time. Read More

The 7 Key Factors in Choosing a Mobile Device Management Solution


Managing an increasingly mobile workforce has become one of the most challenging and important responsibilities for IT departments. Users want freedom of choice when it comes to the smartphones and tablets they use, yet added freedom can bring added risks in security. This paper examines criteria for mobile device management (MDM) solutions, including support for multiple platforms and a high degree of security and management.

risk factors  freedom can bring added risks in security. This paper examines criteria for mobile device management (MDM) solutions, including support for multiple platforms and a high degree of security and management. Read More

The Ten "How" Factors That Can Affect ERP TCO


Organizations tend to focus on the "what"—that is, the vendor or the product—when determining total cost of ownership (TCO). However, it's often the "how"—that is, deployment aspects—of enterprise resource planning (ERP) that has a greater impact on determining TCO for a given organization. This research raises 10 factors to help decision-makers better determine the TCO of their ERP investments.

risk factors  Ten How Factors That Can Affect ERP TCO Organizations tend to focus on the what —that is, the vendor or the product—when determining total cost of ownership (TCO). However, it's often the how —that is, deployment aspects—of enterprise resource planning (ERP) that has a greater impact on determining TCO for a given organization. This research raises 10 factors to help decision-makers better determine the TCO of their ERP investments. Read More

Managing Risk in Enterprise Software Selection


Selecting and implementing new enterprise software changes your company, and the business processes that drive it. How you handle these changes can make the difference between implementation failure and success. Download this report to learn the steps to take--and the mistakes to avoid--to ensure a successful project outcome. You'll also learn why it's essential to deal with risk before the implementation phase--when it may be too late.

risk factors  Risk in Enterprise Software Selection Selecting and implementing new enterprise software changes your company, and the business processes that drive it. How you handle these changes can make the difference between implementation failure and success. Download this report to learn the steps to take--and the mistakes to avoid--to ensure a successful project outcome. You'll also learn why it's essential to deal with risk before the implementation phase--when it may be too late. Read More

SciQuest Introduces New Supplier Risk Compliance Module


The latest version of SciQuest’s cloud-based spend management automation suite introduces a new Dynamic Qualification and Risk Compliance module for Total Supplier Manager (TSM) that helps customers enhance supplier management capabilities.

risk factors  Introduces New Supplier Risk Compliance Module The latest version of SciQuest ’s cloud-based spend management automation suite introduces a new Dynamic Qualification and Risk Compliance module for Total Supplier Manager (TSM) that helps customers enhance supplier management capabilities. This new module allows for a more thorough supplier vetting process, enabling customers to further qualify suppliers by collecting risk-based information and assess vendor status or compliance. Other new Read More

Deploying Asset Management Software in Midsized Facilities: The 5 Critical Success Factors


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risk factors  Asset Management Software in Midsized Facilities: The 5 Critical Success Factors Unlike large manufacturing companies, small and medium facilities often handle asset management and maintenance with cobbled-together manual and semi-automated systems. This results in many lost benefits, including uninterrupted production and simplified regulatory compliance burdens. As you explore asset management solutions, you should know five critical factors that can determine the success or failure of your Read More