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Software Functionality Revealed in Detail
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 success of an effective compliance strategy

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 » success of an effective compliance strategy

10 Steps to Continuous Compliance: Putting in Place an Enterprise-wide Compliance Strategy


Understanding the full scope of risk in today’s complex business environment is a must for achieving compliance with governmental mandates and industry regulations. However, many companies have a limited perception of risk and struggle to make compliance an enterprise-wide, integrated process. Compliance is no longer a one-time isolated project; it’s an ongoing effort—and you’re just tens steps away from discovering why.

success of an effective compliance strategy  the compliance processes and success criteria Once you understand the requirements of a given regulation or mandate, determine the scope, configuration, and mechanism for collecting, alerting on, reporting on and retaining the data necessary to meet satisfy auditors. This step by step process allows you to define goals and key tasks for successful compliance. For example, when you determine the scope, your goal should be to identify all system components that are subject to a given regulation. Then you Read More

The Challenges of Defining and Managing Governance, Risk Management, and Compliance


A broader, more structured approach is needed to effectively manage governance, risk management, and compliance (GRC). Enterprises will then be better able to guide their people, standardize their processes, and unify technology to embed GRC at all organizational levels.

success of an effective compliance strategy  deployment of GRC applications. Success with this approach should help pave the way and drive the value of a comprehensive GRC strategy. Following this, it should provide a reusable and sustainable model for controlling and addressing future GRC areas. Some potential benefits of a comprehensive GRC approach might include better protected brand and reputation; optimized risk-and-return portfolios (owing to transparency and insight for selecting and rejecting projects based on risk impact and probability Read More

The Strategic CFO: Success Secrets of High-performing Finance Teams


Finance executives must meet a growing number of challenges if their companies are to continue being profitable. So how can they deliver strong performance in every aspect of their businesses? The answer: by deploying a corporate financial management system that expands the capabilities of their core activities—a system that extends its reach to automate other processes within the enterprise.

success of an effective compliance strategy  Strategic CFO: Success Secrets of High-performing Finance Teams Infor is the world''s third largest business software company. We develop and acquire proven software products that have rich, built-in functionality. Then we make them better. In order to address objectives around both core and strategic financials, CFOs should look to Corporate Finance Management (CFM). CFM is an integrated approach that combines flexible transaction processing and other core applications with the real-time reporting, Read More

Market Insight: Strategies for Overcoming Compliance Issues in the Pharmaceutical Industry


To successfully meet compliance demands, pharmaceutical manufacturers must develop, implement, and track the effectiveness of a company-wide compliance strategy. Key to that strategy is to adopt industry-specific enterprise software with functionality that supports Federal Drug Administration (FDA) requirements. Learn more about the criteria and recommendations you need to achieve compliance in the pharmaceutical industry.

success of an effective compliance strategy  a Compliance Strategy , Success of a Compliance Strategy , Communication of the Compliance Strategy , Execution of the Compliance Strategy , Benefit Compliance Strategy , New Compliance Strategy , Effective Compliance Strategy , Company Wide Compliance Strategy , Regulatory Compliance Strategy , Compliance Strategy Requires , Compliance Strategy Process , Compliance Strategy Solutions . This white paper features insight from Deacom, Inc. into the compliance challenges facing pharmaceutical companies Read More

Project Management Office: Framework Strategy


IT initiatives driven within silos, where each department maintain its own project management office, inhibits the overall cohesiveness and effectiveness of corporate strategy. This document outlines best practices to centralize and deliver a scalable and robust project management framework strategy.

success of an effective compliance strategy  the project management key success factors found in the benchmarking study, Best Practices of Project Management Groups in Large Functional Organizations , produced for PMI by Frank Toney and Ray Powers. This best practices report is a compilation of summary data and conclusions from a one-year project that looked at the key success factors for managing projects within large functional organizations. It is imperative that this initiative achieves the following primary goals. Establish Alignment with Read More

Hobie Cat Success Story




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Implementing Basel II in the Compliance Continuum


Banks can benefit enormously from understanding the various stages of the Basel II compliance program, as identified by i-flex. Banks today are discovering problems as they stumble along the path to compliance. However, if they can benchmark themselves on which stage they fall in along the continuum, and buckle themselves for the challenges that lie ahead, they will have greater success towards Basel II compliance, and enjoy the benefits of maintaining reduced capital.

success of an effective compliance strategy  they will have greater success towards Basel II compliance, and enjoy the benefits of maintaining reduced capital. Read More

The Dollars and Sense of Web Identity Management: How SaaS Cuts the High Costs of Web Access and SSO by 75 Percent


IT infrastructure software has a well-established track record for experiencing frequent cost overruns and missed deadlines. Expensive software and extensive customization are the key contributors to increasing identity management costs to four or five times more than the price of the initial identity software license. Learn how software as a service (SaaS) can reduce the cost and complexity of IT infrastructure.

success of an effective compliance strategy  Dollars and Sense of Web Identity Management: How SaaS Cuts the High Costs of Web Access and SSO by 75 Percent IT infrastructure software has a well-established track record for experiencing frequent cost overruns and missed deadlines. Expensive software and extensive customization are the key contributors to increasing identity management costs to four or five times more than the price of the initial identity software license. Learn how software as a service (SaaS) can reduce the cost and complexity Read More

Compliance: Is Remote Office Data Your Achilles Heel?


Would spending millions of dollars and countless hours securing your data center be enough for it to pass a compliance audit? While many businesses work hard at securing their data centers, they often forget to secure remote office data. With the consequences of non-compliance ranging from financial penalties to job loss and worse, it could mean the end of your business. Don’t let compliance become your Achilles heel.

success of an effective compliance strategy  Is Remote Office Data Your Achilles Heel? Would spending millions of dollars and countless hours securing your data center be enough for it to pass a compliance audit? While many businesses work hard at securing their data centers, they often forget to secure remote office data. With the consequences of non-compliance ranging from financial penalties to job loss and worse, it could mean the end of your business. Don’t let compliance become your Achilles heel. Read More

Regulatory and Compliance RFI/RFP Template


Design for Compliance, Management of Hazardous and Controlled Substances, Regulatory and Compliance Documentation, Managing Recyclables and Controlled Waste, Product Technology

success of an effective compliance strategy  and Compliance RFI/RFP Template The Regulatory and Compliance RFI/RFP Template lists and describes 406 features and functions found in Regulatory and Compliance software solutions. This Regulatory and Compliance Template can help you save time, control costs, and communicate clearly with vendors at nearly every stage of your Regulatory and Compliance software selection projects. Features and functions included in this Regulatory and Compliance Template: Design for Compliance Management of Read More

Enhancing Governance, Risk, and Compliance through Effective Risk Management


Embedding governance, risk, and compliance (GRC) management into all business process has become imperative. Companies need to adopt a holistic view when it comes to reducing and managing risks, and ensure better access risk management. This paper discusses the need for companies to take a proactive approach towards access risk management.

success of an effective compliance strategy  governance,risk management,and compliance,and compliance management,grc management,acess risk management,acess risk management software,grc initiatives,grc risk management,sap grc risk management,it grc management,sap grc enterprise role management Read More

CitiXsys iVend Retail 5.0 for Point-of-sale Retail Certification Report


CitiXsys product iVend Retail is now TEC Certified for online evaluation of point-of-sale (POS) solutions in the Wholesale and Retail Trade Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

success of an effective compliance strategy  iVend Retail 5.0 for Point-of-sale Retail Certification Report CitiXsys product iVend Retail is now TEC Certified for online evaluation of point-of-sale (POS) solutions in the Wholesale and Retail Trade Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary. Read More

IBM OpenPages Policy and Compliance Management


This video introduces the IBM OpenPages GRC Platform and, specifically, the Policy and Compliance Management module.

success of an effective compliance strategy  risk management, enterprise risk management, risk management, governance, risk, and compliance, GRC requirements, GRC, corporate GRC, enterprise GRC, IBM OpenPages GRC Platform, enterprise GRC software, risk management solutions Read More

Complex Compliance Regulations Raise the Stakes for Organizations


Wage and hour lawsuits are steadily rising thanks to increasingly complex compliance regulations. Insulate your organization from Fair Labor Standards Act (FLSA) issues and reduce costs with automated workforce management solutions.

success of an effective compliance strategy  Kronos workforce management solution, workplace compliance, compliance regulations, human capital management, human resources management, workforce management software Read More