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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 solutions by funtionality, so that you can make accurate and informed software purchasing decisions.
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 tec accreditation


Choosing the Right Service Provider through TEC Accreditation
Last year, Technology Evaluation Centers (TEC) introduced its Accreditation Program to provide software buyers with insight into the quality of implementation

tec accreditation  Right Service Provider through TEC Accreditation Last year, Technology Evaluation Centers (TEC) introduced its Accreditation Program to provide software buyers with insight into the quality of implementation and support services delivered by value-added resellers (VARs), channel partners, implementers, vendors, and consultants. With the end user in mind, we established an in-depth questionnaire that captures the customer’s level of satisfaction for services rendered (service delivery and support,

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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

CMMS - EAM Software Evaluation Report

The EAM Software Evaluation Report is geared toward groups that need to analyze requirements for a system, which supports maintenance management tasks. Asset management systems typically enable planning, controlling, and monitoring of physical asset events. This Software Evaluation Report includes criteria for comparing general computerized maintenance management system (CMMS) functionality, fleet maintenance, workflow, reporting, and other areas that touch upon asset management practices. 

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Documents related to » tec accreditation

Discrete ERP Accreditation Report: Cimatic de México


This customer satisfaction report consists of how Cimatic de México, an enterprise software services provider of ERP solutions integration and business process optimization, fared in the eyes of three of their client references.

Cimatic de México received accreditation from Technology Evaluation Centers (TEC) for completing the customer satisfaction survey program. The review process is based on client satisfaction survey ratings provided to TEC by three of Cimatic de México’s client references. The survey evaluated the overall satisfaction, quality of services received, and overall project evaluation of three real-life software implementation projects.

Cimatic de México helps organizations find the best way to conduct the following activities: billing, cash management, compliance reporting, contract management, data mining, inventory management and control, mobile computing, and scheduling. As an Infor partner, Cimatic de México’s services include software sales, implementation, education, development, and post-sale maintenance. Cimatic de México also provides services such as mapping, programming service, training, data migration and conversion, and others.

Get the full results of the client satisfaction survey on Cimatic de México in this ERP software services provider review.

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Discrete ERP Accreditation Report: Hitachi Consulting


This customer satisfaction report consists of how Hitachi Consulting, an enterprise resource management provider of ERP solutions integration and business process optimization, fared in the eyes of their client references.

Hitachi Consulting received accreditation from Technology Evaluation Centers (TEC) for completing the customer satisfaction survey program. The review process is based on client satisfaction survey ratings provided to TEC by Hitachi Consulting’s client references. The survey evaluated the overall satisfaction, quality of services received, and overall project evaluation of real-life software implementation projects.

Hitachi Consulting helps organizations find the best way to conduct the following activities: risk management, shop floor control, training and development, time and expense management. Hitachi Consulting has partnerships with Oracle, Microsoft, Lawson, and SAP. These partnerships, as well as rich experience in project management and business process engineering, allow Hitachi to offer extensive support for industries such as agriculture and forestry, construction, manufacturing, mining and quarrying, etc. Hitachi Consulting also provides services such as scheduling, production planning, merchandising, shop floor control, data mining, compliance reporting, collections management, and others.

Get the full results of the client satisfaction survey on Hitachi Consulting in this ERP software services provider review.

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ERP Accreditation Report: Illumiti


This customer satisfaction report consists of how Illumiti, an enterprise resource management provider of ERP solutions integration and business process optimization, fared in the eyes of four if their client references.

Illumiti received accreditation from Technology Evaluation Centers (TEC) for completing the customer satisfaction survey program. The review process is based on four client satisfaction survey ratings provided to TEC by Illumiti’s client references. The survey evaluated the overall satisfaction, quality of services received, and overall project evaluation of real-life software implementation projects.

Illumiti helps organizations find the best way to conduct the following activities: cost accounting, billing, inventory management and control, merchandising, portfolio management, scheduling, and workflow management. As an SAP Gold Partner and a Microsoft Partner, Illumiti aims to deliver successful customer projects across the entire spectrum of SAP solutions. Illumiti also provides services such as software licenses, mapping, business process modeling and re-engineering, data cleansing and migration, training, and security services.

Get the full results of the client satisfaction survey on Illumiti in this ERP software services provider review.

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TEC Accreditation Report: Navigator Business Solutions


This customer satisfaction report consists of how Navigator Business Solutions, an enterprise software services provider of ERP software implementation and consulting services, fared in the eyes of three of their client references.

Navigator Business Solutions received accreditation from Technology Evaluation Centers (TEC) for completing the customer satisfaction survey program. The review process is based on client satisfaction survey ratings provided to TEC by three of Navigator Business Solutions' client references. The survey evaluated the overall satisfaction, quality of services received, and overall project evaluation of three real-life software implementation projects.

Navigator Business Solutions helps organizations find the best way to conduct the following activities: manufacturing, distribution, professional services, project management, and retail. As a Gold Channel Partner of SAP, Navigator Business Solutions also provides customized SAP solutions to those companies that need a comprehensive software solution. It also provides services such as mapping, disaster recovery services, project management services, and data migration.

Get the full results of the client satisfaction survey on Navigation Business Solutions in this software services provider review.

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TEC Launches Center To Help Companies Evaluate and Select Point of Sale Software


Enterprise software analyst firm Technology Evaluation Centers (TEC) recently launched its Point of Sale Systems Evaluation Center, to help companies compare the most qualified POS systems based on their own, unique business needs.

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Made2Manage (v.7) Is TEC Certified for Discrete Manufacturing ERP


Technology Evaluation Centers (TEC) is pleased to announce that Made2Manage (v.7.0) by Aptean is now TEC Certified for discrete manufacturing enterprise resource planning ( ERP) under the ERP Evaluation Center. Aptean was formed with the merger of CDC Software (CDC) and Consona Corporation (Consona) during the summer of 2012. The goal of Aptean is to deliver an exact-fit solution for specific

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TEC and IMPLANEX Join Forces to Better Serve Software Demand in Latin America


Technology Evaluation Centers (TEC), a global firm that specializes in on-line software evaluation services, and IMPLANEX, a firm that supports organizations in developing and expanding business in Latin America, establish an alliance to expand local software options in their evaluation centers and respond to the growing demand from Latin American companies for local application selection alternatives.

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BIS ProStaff gets TEC Certified


Recently, I had the pleasure of speaking with the folks at BIS as part of TEC’s Certification process. For BIS, the value-add of TEC Certification was clear—and all they had to do was complete a detailed questionnaire/request for information (RFI) and demonstrate certain solution-specific features and functions that I outlined for them in a demo script. I sat down for the three-hour session with

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TEC 2012 Financial Software Packages for Medium and Large Enterprises Buyer's Guide


Accounting and financial management is one of the most mature enterprise software markets, but that doesn’t mean it’s stopped evolving. TEC analyst Aleksey Osintsev walks you through the latest developments in financials and accounting solutions and looks at how trends like cloud computing, mobility, and social media are reshaping the industry. The guide also includes feature lists, vendor comparison charts, thought leadership from industry experts, and real-world case studies.

Accounting and financial management software is among the first software applications to have been adopted by organizations of all sizes and in all types of industries. In fact, the software has been around almost as long as computers have been in use. As the general concepts and principles of accounting follow objective, rational rules, it was relatively easy to develop accounting packages and to have them gain quick and widespread acceptance within the business community as a powerful tool for managing the financial activities of a business unit or entire organization. It’s hard to imagine that any company or governmental organization today could function without an accounting package in place— from micro businesses with a few users to national governments and global multinational enterprises with hundreds of users performing accounting and financial management work on a daily basis. With ample experience in accounting software, today’s tech-savvy financial managers and controllers are looking for software that not only is capable of performing accounting transactions and generating a standard set of quarterly and annual reports, but also is flexible enough to absorb and accommodate changes in the economy, business realities, and technological trends; is sufficiently rich and scalable to address a number of daily operations challenges; and is easy to work with. This buyer’s guide examines the major issues that medium and large businesses experience with financial and accounting processes, and looks at what various solutions can offer to mitigate those problems.


Table of Contents


Financial Software Packages for Medium and Large Enterprises

State of the Market

Evaluating Accounting and Financial Software

Conclusion

Vendor Solutions


TEC Resources for Financial Software Packages

Casebook

Acumatica Customer Success Story : Acumatica Reduces Time and Cost of Producing and Distributing Reports with a Consolidation Solution

Cougar Mountain Software Customer Success Story: Noah’s Restaurant

Microsoft Dynamics AX and Ignify Customer Success Story: Consumer Electronics Distributor Automates Processes and Improves Worker Productivity with Microsoft Dynamics AX

Pronto Customer Success Story: Hobart Canada—Developing a Recipe for Success

Sage ERP X3 Customer Success Story: Carson Home Accents Improves Service and Cuts Overhead Using Sage ERP X3

Sage ERP Solutions White Paper: Transforming Finance into a Strategic Resource

SYSPRO ERP Software Customer Success Story: Annabelle Candy Finds Sweet Success with SYSPRO ERP Software

UNIT4 Customer Success Story: UNIT4’s Coda Financials Solution Preferred by GSO Group over Incumbent ERP Solution


TEC Partners Resource Directory

Vendor Directory


Download the full copy of the TEC 2012 Financial Software Packages Buyer’s Guide for medium and large businesses.



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Issues Faced by Accounting Departments


As accounting and financial departments and associated business processes are an inherent part of any commercial or non-commercial organization, these departments face the same challenges as the rest of the company—a need to keep the business competitive and respond to tough competition during difficult economic times, attract and retain customers, provide an extremely high customer support and service level, constantly review and improve business processes, and many others. At the same time, accountants experience challenges and business pains owing to their specific accounting and financial management processes and tasks. Following is a list of major challenges and issues faced by accounting and financial departments with regard to these processes and procedures.

  • Accounting and financial activities and internal processes must conform to various types of standards and rules, from international regulations such as the Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS) to local or even municipal requirements. This is exacerbated by confusing taxation and reporting regulations prescribed by law. The task becomes much more complicated upon company expansion and entry into different markets, regions, or countries— in which case accounting and reporting processes must comply with multiple standards simultaneously. And at this point, the process of financial and reporting data consolidation becomes a non-trivial and constantly changing task—financial managers and their employees must always keep abreast of these changes.


  • Relatively recently, the need has emerged to accommodate alternative accounting models and non-standard accounting and financial management principles, in addition to or as substitutions for traditional ones. Lean accounting is an example of such a model. Unlike traditional accounting practice requirements, lean accounting looks to calculate and track added value streams, sees a company’s assets and expenses in a different way (e.g., inventory as waste to be minimized or eliminated rather than simply a company’s assets), and generate profit-and-loss statements based on lean principles instead of GAAP or IFRS or in parallel to mandated (i.e., traditional-type) reports.


Download the full copy of the TEC 2012 Financial Software Packages Buyer’s Guide for medium and large businesses.

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TEC Moderates World’s Top Enterprise Software Event, 8th ERP Vendor Shootout


Technology Evaluation Centers (TEC), the leading online resource for enterprise software decision makers, is proud to announce that it will be moderating the 8th ERP Vendor Shootout this coming October 16 and 17, 2010, in Dallas, Texas (US). The event is hosted by the value-added reseller (VAR) community and is geared toward IT decision makers with manufacturing, distribution, or project-oriented requirements looking to upgrade or replace their enterprise software systems.

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