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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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 costs can be allocated to an item via various processes including fixed multiplier volume or statistic weighted or moving average standard cost direct allocation etc

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

Financial Packages RFI/RFP Template

General Ledger, Accounts Payable, Fixed Assets, Cost Accounting, Cash Management, Budgeting, Accounts Receivable, Financial Reporting, Project Accounting, Product Technology 

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Supply Chain Cost-cutting Strategies


Process industries (chemicals, food and beverage, oil and gas, etc.) face rising manufacturing and logistics costs. And they’re finding that the old strategies for cost containment no longer pack the same punch. Some surveys show that 75 percent of all respondents are redesigning their supply chains to keep these costs in check. Are you one of them? No? You’ve got a lot of catching up to do—and very little time to do it.

costs can be allocated to an item via various processes including fixed multiplier volume or statistic weighted or moving average standard cost direct allocation etc  been able to reduce costs or keep them flat. Companies can use Table 3 to gauge their maturity across four dimensions. Whether a company is trying to gradually move up in the process industry from Lag- gard to Industry Average, Industry Average to Best in Class, or protect its Best in Class status, the following actions will help spur the necessary performance im- provements. Laggard Steps to Success   Improve forecasting and sales and operations planning (S&OP) processes This Aberdeen study Read More

Retail Market Dynamics for Software Vendors Part Two: Progress


ERP vendors are making their way into the retail market by bundling, acquiring point solutions or partnering strategically to embed retail-specific functions within their suites. Like in all other enterprise applications markets, eventually, albeit not any time soon, the retail market too will come to a showdown between the pure retail vendors and the enterprise application vendors (e.g., Oracle, SAP, Lawson, PeopleSoft, SSA Global, Geac, Intentia, etc.), which have been striving to natively embed more retail-specific capability into their products.

costs can be allocated to an item via various processes including fixed multiplier volume or statistic weighted or moving average standard cost direct allocation etc  company, since bad data costs companies billions of dollars in incorrect purchase orders, subsequent returns, and the manual effort required to fix them (see $40 Billion Is Being Wasted by Companies without Product Information Management Strategies—How Is Yours Coming Along? ). Accordingly, data synchronization applications automate the process by which suppliers, manufacturers, and retailers share information relevant to issues like inventory status and product specifications. This technology might Read More

Zooming into an Inventory Free Flow


FreeFlow, a provider of business services with a patented technology, aims to help companies improve product life cycle profitability by providing a unique, online auction platform where companies can reduce their at-risk and excess inventory.

costs can be allocated to an item via various processes including fixed multiplier volume or statistic weighted or moving average standard cost direct allocation etc  conversion. To further reduce costs, auctioned products can be pulled from existing supply chain inventories and shipped directly from ModusLink''s facility at the buyer''s expense, thus eliminating redundant product moves and additional transportation charges. ModusLink claims its clients frequently receive bids up to three times higher than if they had limited their scope to include only the traditional post-market buyers. Similar to the ways of FreeFlow''s generic site, ModusLink can sponsor auctions for Read More

Lawson Software-IPO and Several Acquisitions After Part Three: Market Impact


In several aspects, Lawson Software could be regarded as an enterprise applications market anomaly. For one, at its peak in fiscal 2002, the company boasted annual revenues of nearly $430 million, but it still has only a slender (less than 10 percent of revenues) presence outside of its US domestic market. Further, it remains a major force in enterprise applications software, yet it does not cater the functionality to manufacturing sectors, and the vastness of its sales are thus derived from just a few service-oriented vertical markets-primarily health care and retail.

costs can be allocated to an item via various processes including fixed multiplier volume or statistic weighted or moving average standard cost direct allocation etc  a tight control over costs and increase revenues and profitability. The turning point for the company came in the mid-1990s when the founders began working with the Chasm Group , a consultancy firm specializing in growth strategies for technology firms, to define a vertical strategy. After decades of conservative expansion and chasing almost every viable lead in the field, Lawson''s growth then leapt into the 20 percent to 40 percent range as it first honed its focus on the health care and retail markets, Read More

Lean Tools and Practices that Eliminate Manufacturing Waste


A number of lean manufacturing tools and practices have long been used to reduce manufacturing waste. These include the five S's, visual controls, standardized work, mistake proofing, total productive maintenance, cellular manufacturing, single-digit setup, pull systems, sequencing, activity-based costing, and leveled production.

costs can be allocated to an item via various processes including fixed multiplier volume or statistic weighted or moving average standard cost direct allocation etc  production (whereas the fixed costs are usually allocated to units of output on the basis of direct labor hours, machine hours, or material costs). Leveled Production Leveled production , known in Japanese as heijunka , involves producing products in a specific uniform cycle to overcome the queuing and line stoppage problems associated with traditional manufacturing and to match the planned rate of end product sales. Leveled production means that production cycle times at individual work stations or Read More

ITIL-Living Processes


The case company decided to carry out an information technology infrastructure library (ITIL) implementation, and in so doing hoped to make production in IT more visible, increase customer satisfaction, and maintain or increase employee satisfaction in IT. Implement Consulting Group facilitated the process selection and design and managed the requirement collection, selection, and implementation phases of the project.

costs can be allocated to an item via various processes including fixed multiplier volume or statistic weighted or moving average standard cost direct allocation etc  itil implementation,itil implementation plan,itil implementation roadmap,itil implementation project,itil implementation guide,itil implementation strategy,itil implementation plan template,itil implementation project plan,itil implementation steps,itil implementation templates,itil implementation checklist,itil implementation approach,benefits of itil implementation Read More

Putting “Big Company” Strategies to Work for Small to Midsized Businesses


In today’s economy, small businesses’ primary differentiator is service. If systems are down, then customer service levels are down too, ultimately hurting the business and the bottom line. This can make giving up control over critical IT systems daunting. However, surveys show that 55 percent of large companies plan to increase their IT spending with external service providers. Find out what they know that you don’t.

costs can be allocated to an item via various processes including fixed multiplier volume or statistic weighted or moving average standard cost direct allocation etc  “Big Company” Strategies to Work for Small to Midsized Businesses In today’s economy, small businesses’ primary differentiator is service. If systems are down, then customer service levels are down too, ultimately hurting the business and the bottom line. This can make giving up control over critical IT systems daunting. However, surveys show that 55 percent of large companies plan to increase their IT spending with external service providers. Find out what they know that you don’t. Read More

Moving to Self-Service Business Intelligence


Learn how in the Forrester report Why and How Enterprises are Moving to Self-service Business Intelligence.

costs can be allocated to an item via various processes including fixed multiplier volume or statistic weighted or moving average standard cost direct allocation etc  to Self-Service Business Intelligence With the crushing volume of data most businesses deal with, your knowledge workers probably spend more time searching for the information they need than actually performing their jobs. And the problem is only getting worse. The solution isn’t more complex and expensive enterprise business intelligence (BI) solutions. Nor are user installed patchwork tools the answer —and can create operational and compliance nightmares. Getting the right information to the Read More

9 Savvy Ways to Reduce the Cost of Your Existing Enterprise IP Telephony Network


Enterprise internet protocol (IP) telephony has proved to be a great communication tool to unite distant employees in a solid team, to reduce costs for international calls, and to improve productivity. Moreover, there are many ways to make enterprise IP telephony network usage even more attractive. Learn five effective ways to reduce expenses for paid calls; four valid tips to decrease costs for IP telephony network ownership and administration; and a unique solution that combines call-accounting and IP telephony network administration features to cover all the ways of telecom costs reduction.

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The How-to Guide to Optimizing Your Professional Services Organization


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BNA Fixed Assets


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costs can be allocated to an item via various processes including fixed multiplier volume or statistic weighted or moving average standard cost direct allocation etc   Read More

8 Questions to Ask to Successfully Negotiate a Phone System Deal


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costs can be allocated to an item via various processes including fixed multiplier volume or statistic weighted or moving average standard cost direct allocation etc  Questions to Ask to Successfully Negotiate a Phone System Deal Getting the wrong business phone system can be a costly, long-term mistake. Learn how to get the right phone system for your company''s requirements in 8 Questions to Ask to Successfully Negotiate a Phone System Deal . From cost, service, and support considerations to features and future scalability, you''ll know what to ask to get everything you need—from the right vendor, at the right price. Download your PDF copy of 8 Questions to Ask to Read More

The High Cost of Change for ERP: What Does it Cost to Keep Up to Date?


Companies are finding it difficult and costly to update and modify enterprise resource planning (ERP) systems after they have been installed. The question isn’t whether an ERP solution supports change, but rather at what cost? How quickly can adjustments be made, and what stresses do such changes place on the organization. To answer these questions, this paper provides results from a survey of senior finance executives.

costs can be allocated to an item via various processes including fixed multiplier volume or statistic weighted or moving average standard cost direct allocation etc  High Cost of Change for ERP: What Does it Cost to Keep Up to Date? Companies are finding it difficult and costly to update and modify enterprise resource planning (ERP) systems after they have been installed. The question isn’t whether an ERP solution supports change, but rather at what cost? How quickly can adjustments be made, and what stresses do such changes place on the organization. To answer these questions, this paper provides results from a survey of senior finance executives. Read More

Fixed Asset Inventory: A Guide to Getting Started


Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting, eliminate “ghost assets,” and help an organization recover after a natural disaster. However, the importance of tracking and managing fixed assets such as land, buildings, transportation, and manufacturing equipment is often overlooked. This white paper discusses best practices for fixed asset inventory management and suggests tips for implementing a successful inventory process, including how to create an asset inventory process, implement a label and scanning solution for tracking of assets, establish an accurate baseline of fixed assets, and design a “go-forward” strategy for maintaining an asset inventory.

costs can be allocated to an item via various processes including fixed multiplier volume or statistic weighted or moving average standard cost direct allocation etc  Asset Inventory: A Guide to Getting Started Implementing a fixed asset inventory solution and performing proper accounting of assets can save time and money, reduce theft, improve planning and budgeting, eliminate “ghost assets,” and help an organization recover after a natural disaster. However, the importance of tracking and managing fixed assets such as land, buildings, transportation, and manufacturing equipment is often overlooked. This white paper discusses best practices for fixed asset Read More