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 financial accounting foundation structure


Best-of-breed Approach to Finance and Accounting
CODA's savvy accounting and financial offerings include budgeting, forecasting, scorecards, and tools that use Microsoft Excel spreadsheets collaboratively and

financial accounting foundation structure  3,000 people using its financial accounting software, but a typical sweet-spot customer has about 300 financial users, spread across 10 or more countries. CODA's zero-install browser client and single instance architecture (where support for all multinational and multilingual functionality is within a single version of the application) make it a good fit for centralized shared services or business process outsourcing (BPO) requirements, helping user organizations further reduce the cost of the finance

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Browse RFP templates

Visit the TEC store for RFP templates that can save you weeks and months of requirements gathering, and help ensure the succes of your software selection project.

Browse Now
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

Financial packages encompass modules for bookkeeping and making sure that accounts are paid or received on time.  

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Documents related to » financial accounting foundation structure

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 is still a key part of today’s global finance function. Do you know how to overcome the barriers to a fast, high-quality close? Discover solutions that can help you improve your close times and address the challenges of automating and testing internal controls.

financial accounting foundation structure  requirement to complete the financial close quickly and with quality is emerging once again as a process improvement project that needs the full attention of corporate accounting staff worldwide. A collection of disturbing research from both sides of the Atlantic confirms that close times at the some of the world's largest companies, far from getting shorter, are, in many cases, getting longer. The drive for fast close, partly sparked by the e-business revolution and the promise of the Read More

Executive Brief: 3 Key Success Strategies for Insurance, Banks, and Financial Services


Financial services organizations are always looking for ways to improve business processes to implement tighter control—and improve the bottom line. But finding new ways to boost efficiency is challenging. One strategy for success is to improve the use and allocation of resources in order to eliminate errors from duplicate data entry. Discover more about this strategy and two others, as well as how they can benefit you.

financial accounting foundation structure  for Finding the Right Financial Accounting System The ability to meet the specific requirements of your organization is a must-have. While there's something to be said for the boxed best practices of tier-one enterprise software, bear in mind that if an application has been developed to offer something for everyone, implementing it often results in perilous and costly customization efforts. Your selected software vendor should demonstrate in-depth knowledge of your industry, your requirements, and Read More

United Messaging ~ Ready…Set…Outsource!


We believe that within a 3 year time frame, the outsourced corporate messaging market will capture 25% of the existing install base, which sizes the ASP Messaging market at 47.5 Million Seats (Probability 70%)

financial accounting foundation structure  adequate funding to ensure financial viability for at least 3-5 years, by which time the ASP market will have exploded. Users will be able to negotiate better deals with United Messaging through several channels. If your intention is to outsource a large number of client seats (>500) you should be able to drive down the per seat cost on a monthly basis by up to 20% (Probability 70%). If you want to outsource for an extended contract, regardless of the number of seats you should be able to drive down the Read More

The State of the Art in Finance


Thanks to recent accounting scandals and an increasingly competitive environment, many chief financial officers and the finance organizations they lead have started to take on new roles within the enterprise. However, given the current state of the finance function in US companies, companies first need to understand the challenges to finance—and the road map to increasing its strategic capabilities.

financial accounting foundation structure  Management Evaluating and Managing Financial Performance Single-instance accounting software/ERP, common chart of accounts $1.60 $1.69 $1.87 Multiple instances or multiple accounting software applications $2.62 $3.55 $3.21 MORE EFFECTIVE IT ENABLES MORE STRATEGIC FINANCE FUNCTIONS The use of an integrated ERP system by the finance function also paves the way to a more strategic approach. If a company establishes a more integrated process, planning and reporting cycle times are much reduced, providing Read More

Top Accounting Software Comparisons 2012


There were a lot of accounting solutions introduced or updated in 2011, and here's your chance to compare them—quickly and easily.

financial accounting foundation structure  Accounting Software Comparisons 2012 Top Accounting Software Comparisons 2012 Accounting Software Comparisons There were a lot of accounting solutions introduced or updated in 2011, and here's your chance to compare them—quickly and easily. Some of the big names include Microsoft , NetSuite, SAP, Aquilon Software, Sage, Pronto Software, Epicor, Exact, UNIT4, and Flexi Software—but there are dozens of excellent systems from lesser known brands. Which one is best for your organization? To find out, Read More

Accounting for SMB Showdown


I'm Larry Blitz, editor of TEC's Vendor Showdown series. Today's Showdown pits two major enterprise resource planning (ERP) and accounting for small to midsized business (SMB) vendors against each other, head-to-head: Exact Software North America (a division of Exact Software) and Infor.

financial accounting foundation structure  environments, mixed-mode manufacturing); financial; HR; product lifecycle management; SCM Infor has a larger repertoire of solutions than Exact does, most notably in the area of ERP. Number of employees 2,750+ 9,000+ Infor is a larger firm than Exact, with roughly three times the number of employees. Number of customers worldwide Not available over 70,000 Accounting for SMB Showdown Larry Blitz - September 24, 2008 Page 2 of 2 Infor has a very widespread distribution of its business solutions, Read More

8 Rules for Investing in a New Accounting System


Find out if your current system is a drag on your company in Eight Rules for Investing in a New Accounting System.

financial accounting foundation structure  Are you sure your financial and accounting system is helping your company grow? It might actually be holding it back. Find out if your current system is a drag on your company in Eight Rules for Investing in a New Accounting System . You'll learn about the warning signs of a financial and accounting system that is dangerously outdated or lacking in critical functionality—and what you can do about it. You'll also discover the eight rules for choosing a system that will take your company to the next Read More

Use Financial Analytics Solutions for Bigger Profits


And you can learn about it in the executive brief financial analysis clears the profit haze.

financial accounting foundation structure  Financial Analytics Solutions for Bigger Profits Does it ever seem like you're shooting in the dark when it comes to making business decisions? You may get that feeling if you have only limited visibility into your company's financial state. Or if you have to rely on spreadsheets that contain errors and inconsistencies. Or if you're getting too many versions of the truth when it comes to analyzing your company's performance. If factors like these are creating a haze that's obscuring the true state Read More

Accounting Software Selection Challenge #3: Microsoft vs. Infor (Difficulty = Basic)


I just want to make a quick point to address a popular software selection misconception. Here’s the misconception:  “The best accounting package for my business is the software that supports the most comprehensive breadth of accounting functionality.” And below are a couple of graphics from TEC Advisor (based on a hypothetical accounting software selection project) that show why this

financial accounting foundation structure  Software Selection Challenge #3: Microsoft vs. Infor (Difficulty = Basic) I just want to make a quick point to address a popular software selection misconception. Here’s the misconception:   “The best accounting package for my business is the software that supports the most comprehensive breadth of accounting functionality.” And below are a couple of graphics from TEC Advisor  (based on a hypothetical accounting software selection project) that show why this is flat-out wrong (click to Read More

Risks of Using Excel as a Financial Planning Tool


Structured planning can make all the difference to your business’s growth. But are you using the right tools? Spreadsheets may not be meeting your financial management and budget planning needs. Find out the risks of using spreadsheets as a planning tool, and how enterprise performance management can help consolidate your departments’ financial information and budgets to give you real-time views of business performance.

financial accounting foundation structure  Using Excel as a Financial Planning Tool Structured planning can make all the difference to your business’s growth. But are you using the right tools? Spreadsheets may not be meeting your financial management and budget planning needs. Find out the risks of using spreadsheets as a planning tool, and how enterprise performance management can help consolidate your departments’ financial information and budgets to give you real-time views of business performance. Read More

Finance and Accounting Solutions Buyer’s Guide for Small to Medium Enterprises


In plain, easy-to-follow language, finance accounting solutions buyer's guide for small to medium enterprises will bring you up to speed in the bas...

financial accounting foundation structure  and Accounting Solutions Buyer’s Guide for Small to Medium Enterprises Business software may be one of the greatest productivity tools you can get your hands on. But if you're not an expert, selecting the right software can be a real nightmare. Here's an excellent buyer's guide to help you out if you're a small to medium business (SMB) interested in a finance and accounting enterprise resource planning (ERP) package. In plain, easy-to-follow language, Finance Accounting Solutions Buyer's Guide Read More

Financial Packages Software Evaluation Report


This financial software Software Evaluation Report anticipates as many factors as possible to establish your selection criteria for general ledger, accounts payable and receivable, reporting, and other bookkeeping requirements. This Software Evaluation Report in particular, offers a view on enterprise financial packages, which can complement an existing ERP system.

financial accounting foundation structure  Software Evaluation Report TEC's Financial Packages Software Evaluation Report allows you to compare and analyze the features, functions, and services of multiple enterprise software solutions. Vendor responses are comprehensively rated on their level of support of for each criterion (supported, not supported, customization, future releases, etc.) to ensure you make and accurate and informed decision. This Software Evaluation Report provides extensive information about vendor or provider capabilities. Read More

Is Your Financial Transaction Secure?


The FDIC imposes IT integrity ratings on financial institutions. These ratings are known as URSIT ratings and are not disclosed to the public. There is no easy discernable way to know how safe your on-line transactions are.

financial accounting foundation structure  Your Financial Transaction Secure? Event Summary You want to start doing on-line banking but you keep hearing about information security incidents that make you skeptical of the process. How do you know if your financial institution has done due diligence to protect your assets from wily hackers, cavalier administrators, and other information technology sepulchers? If a large sum of money disappeared from your account, and banking records indicated that you made the withdrawal, but you know you didn't, Read More

SAS Financial Intelligence


SAS financial intelligence provides capabilities for the finance department, built on a single platform. Capabilities include integration and cleansing of all financial data, budgeting, forecasting, scorecarding, simulation, risk management, and more.

financial accounting foundation structure  Financial Intelligence SAS financial intelligence provides capabilities for the finance department, built on a single platform. Capabilities include integration and cleansing of all financial data, budgeting, forecasting, scorecarding, simulation, risk management, and more. Read More