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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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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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 web based financial


The Financial Close: Optimizing Performance and Driving Financial Excellence
“Financial close” is a company’s ability to complete accounting cycles and produce financial statements for internal management and external legal reporting@and

web based financial  visit us on the Web at www.sap.com/epm . Acknowledgements Business Objects, an SAP company, would like to thank the BPM International consulting network ( www.bpminternational.com ) for its permission to include findings from Global Close Rankings 2008 and Consolidation, Reporting and Planning Functions in European Enterprises 2006 in this report. Business Objects would also like to thank all those who kindly gave permission to be quoted in this paper. Searches related to The Financial Close: Optimizing

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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

CRM for Financial and Insurance Markets

Customer relationship management (CRM) focuses on the retention of customers by collecting data from all customer interactions with a company from all access points (by phone, mail, or Web, or in the field). The company can then use this data for specific business purposes by taking a customer-centric rather than a product-centric approach. CRM applications are front-end tools designed to facilitate the capture, consolidation, analysis, and enterprise-wide dissemination of data from existing and potential customers. This process occurs throughout the marketing, sales, and service stages, with the objective of better understanding one’s customers and anticipating their interest in an enterprise’s products or services.  

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Epicor Financial Management Software (v. 9.05) for Financial Packages Certification Report


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A Smarter Way through Your Extended Close Cycle–Automated Financial Close Management (FCM)


Weeks of effort go into closing, consolidating, preparing, executing, and adjusting final numbers and narratives to report on any given financial period. Most companies use unconnected spreadsheets, email, and word processing documents to conduct the extended close cycle, from closing their books to filing their reports. But, all too often—and sometimes only hours before a filing deadline – financial close teams are made aware of a last minute change to the numbers.

A manual, disconnected extended close process that only loosely connects activities spanning the close process is too risky and inefficient. Even a small change made incorrectly during the final hours before a period closes can expose a company to the risk of financial errors and missed deadlines.

This paper reviews the processes involved in a company’s extended financial close process, the problems associated with a manual effort, and the benefits of using an integrated and automated single-platform solution for financial close management (FCM).

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Financial Applications Comparison Chart


It’s clear that most software vendors offer solutions that fully support standard financial functionality. So how do you choose the financial software that's right for your company? See how some of the major players stack up.

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