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Project-oriented versus Generic GL-oriented ERP/Accounting Systems
Caught between big-vendor ERP offerings requiring heavy customization, and off-the-shelf project management solutions that are easily outgrown, project-oriented

traditional meaning of accounting  and regulatory requirements. Yet, traditional generic GL-oriented accounting systems have not been designed with project phases, work breakdowns or detailed time capturing in mind, and thus, they can merely report how much has been spent or collected, but not why a certain project is losing or winning money. Not many enterprise products will support the following project-based processes: job costing, managing the sub-contactor, financial reporting, managing the workforce, process time and expense, Read More...
Discrete 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 or...
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Documents related to » traditional meaning of accounting


APICS 2009 From the Expo Floor: Is S&OP Coming of Age? - Part 4
Part 1 of this series talked about my attendance of the APICS 2009 international conference in Toronto (Canada) in early October. I attended only a few

traditional meaning of accounting  Part 2  analyzed the traditional shortcomings and the reasons for the S&OP concept’s (and accompanying software solutions’) current renaissance in light of its existence of a few decades.  Part 3  then analyzed the key  success factors  of deploying S&OP solutions and approaches. Part 4 of this series will analyze the role of top management in deploying S&OP solutions, as well as the strategic nature of S&OP.  The Buck Stops With Top Executives At the end of the day, all departments involved Read More...
The Next R(E)volution of Lean
By seeing a business as a

traditional meaning of accounting  Limited Information Collection. The traditional approach to solving problems is to collect as much information as possible it, study the information, and make recommendations. Nadler and Hibino suggest that since people should be focusing on the solution and not the problem, they should spend data collection energies in similar fashion on the solution. Studying the problem and all the related historical events leading up to it will not necessarily lead to effective and comprehensive solutions. People Read More...
The Rise of Price Management
New analytical software tools have recently emerged to combine and condense a wealth of information that should give the salesperson a more definitive

traditional meaning of accounting  list capabilities coming from traditional enterprise resource planning (ERP) and accounting back-office systems. Given the prospective upsurge of pricing solutions demand, and the fact that an increased focus on change management often leads to better results, many professional services firms have begun to focus on price management. For example, Deloitte Consulting , anticipating a pertinent need, relatively recently launched the Pricing Center of Excellence, which is based on several years of experience Read More...
The Gain and Pain of Global Retail Sourcing
The appeal of global sourcing for many industries is certainly understandable, given the potential lower cost benefits, but without careful elimination of all

traditional meaning of accounting  which are part of traditional enterprise resource planning [ERP] and accounting systems) have not been designed to factor in currency fluctuations, customs duties, or additional bank processing fees, with the result that much of the accounting for those items is still being performed manually. It is thus no small wonder that, within only a few years of deployment, less than 15 percent of available software functionality is being used (see Application Erosion: Eating Away at Your Hard Earned Value ). Read More...
Business Answers at Your Fingertips: The Real-time Value of BI
This Aberdeen Research brief homes in on the critical time element of a best-in-class business intelligence (BI) strategy. The research shows that top performer

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10 Strategies for Getting the Right ERP and Accounting Solution
That's where the white paper 10 strategies for getting the right ERP and accounting solution comes in.

traditional meaning of accounting  and medium businesses (SMBs). Traditional mid-market vendors are fighting back with more features and incentives. With all the big trends aligned in your favor, you can come out the winner—but only if you know how to play your cards right. That's where the white paper 10 Strategies for Getting the Right ERP and Accounting Solution comes in. You'll find tips, strategies, and angles to get the best up-front deal on a new ERP finance and accounting system —and to help you get your new system up and Read More...
Instead of Discounting, Back Some Value Out of Your Proposal
Last minute discounting has become so prevalent that many companies have come to depend on it as their default sales strategy. Employing a go-to-market strategy

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Sage BusinessVision Accounting
Sage BusinessVision 50 Accounting (formerly ACCPAC) is intended for high-transaction, heavy user load situations. Capturing the technological benefits of

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TEC 2013 Market Survey Report: What Organizations Want in Accounting and Financial Software
Looking for an accounting and financial solution? This report can help you spot trends in the accounting and financial software space. See what your peers and

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Provision Fund Accounting
In addition to the solutions offered by Microsoft, Protéan provides the ProVision Fund Accounting package, a solution targeted at public entities and

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The Role of Sales Training Requirements Definition and Requests for Proposals in the Success of Technology Companies
The first step in choosing an effectiveness service provider (ESP) that best meets your company's needs is to develop a requirements definition. When used as a

traditional meaning of accounting  sales training,effectiveness solutions provider,ESP,management,request for proposals,requirements,total cost of training,TCT Read More...
Wipro Point of View: Changing Nature of the Wealth Management Industry
The slump in the wealth management industry has its roots in the financial crisis in America and Europe. This has led to high-net-worth individuals (HNI

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Deacom Integrated Accounting and Enterprise Resource Planning Software System v.10.4 for Mixed-mode ERP Certification Report
The Deacom product Deacom Integrated Accounting and Enterprise Resource Planning Software System (v.10.4) is now TEC Certified for online evaluation of

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