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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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 allow cost transfers between projects or contracts

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

Maintenance, Repair, and Overhaul (MRO) RFI/RFP Template

Maintenance Management, Customer Contracts (Agreements), Customer Orders, Customer Quotations, Work Orders, Product Technology 

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Documents related to » allow cost transfers between projects or contracts

Why Should Enterprises Manage their Contracts Closely?


For companies handling many contracts, ensuring trading partners adhere to contract details is often too cumbersome to be executed without enabling technology. Contract lifecycle management (CLM) solutions enable companies to take control of their contracts in order to understand the requirements of trading partners and their ability to meet the contract parameters, and to reduce the organization’s risk to exposure.

allow cost transfers between projects or contracts  by ERP vendors typically allow for storage of contracts, record keeping of simple changes, and facilitation of payment requirements. Most ERP providers offering contract management simply cannot handle complex contract (with many intricate clauses) and workflow situations, which could expose an organization to risks in the face of rising corporate governance, risk management, and compliance (GRC) requirements. Organizations must, on a daily basis, handle contracts that dictate from where revenue is Read More

Ten Key Legal Concerns in E-Commerce Ventures and Contracts


IT managers must understand the legal issues – at least well enough to know when there is an issue. E-commerce is so new that lawyers (and the law) are having a tough time keeping up with it, but that doesn’t get the manager off the hook if something that should have been thought about slips through the cracks. Here are a few simple points to keep in mind as you work on any e-commerce project.

allow cost transfers between projects or contracts  that you not be allowed to go out and sell a thousand copies of the e-commerce site developed for you at a price far below what the developer can charge. These issues are usually addressed in contracts through well-defined permission requirements, non-competition provisions, license grants specifying permissible uses, confidentiality provisions and even royalty or refunding arrangements. There are a number of approaches and one or more may be applicable in any given situation. The important point is to Read More

Federal Contract Management and Vendors' Readiness Part One: Entry of Small Vendors into Federal Contracts


When all enterprise vendors go for ERP and like solutions to help improve the business of small, midsize, and large aerospace and defense (A&D); engineer-to-order (ETO); contract manufacturing; maintenance, repair, and overhaul (MRO); and like project-oriented manufacturing companies they may face the need to meet government contract requirements.

allow cost transfers between projects or contracts  Web browser-enabled, which also allows for a quicker and simpler implementation, because client machines do not have to be configured time and again. Further, the leading ERP vendors have incorporated customer relationship management (CRM), supply chain management (SCM), business intelligence (BI) and analytics, and many other extended-ERP modules by developing them in-house, by acquisition, or through strategic partnerships with the best-of-breed vendors. This is Part One of a three-part tutorial. Part Read More

Maintenance Software--How to Negotiate Successful Contracts with CMMS Vendors


When negotiating a contract with a computer maintenance management system (CMMS) vendor the guiding principals and definition of the project must first be determined. Deliverables, pricing options, payment terms, continuance, product and service quality, and liabilities are additional areas that must be considered in negotiations.

allow cost transfers between projects or contracts  A contract, therefore, should allow either party to back out of the relationship at any time and remain whole (value for the customer in exchange for reasonable profit for the vendor). Single contract: As much as possible, strive for a single contract, even if multiple vendors are involved. This avoids vendors pointing fingers at each other, while you get caught in the middle lacking satisfactory service. Clear roles and responsibilities: What are the expected deliverables from the vendor? What''s the Read More

Federal Contract Management and Vendors' Readiness Part Two: Dealing With the Federal Government


Federal contracts can often be fraught with legal snares for the unseasoned providers.

allow cost transfers between projects or contracts  the summarization program that allows for multiple-level cost collection and reporting by rolling up costs from the lowest level to the higher levels. The solution thereby lets each department in the organization look at the numbers in the way it wants and needs, as to be able to monitor the actual procurement and production that goes into a project against an estimate both in dollars and hours. These departments should now be able to sum up material, labor, overhead, subcontract, and other direct Read More

Buy, Build, or Somewhere Between


Whether an organization buys or builds a resource management solution depends on a number of factors, and both approaches has its pros and cons. There is, however, a third option, one that allows a company to take a "somewhere between" approach. This latter approach, is made possible by ERP II which employs c-commerce and the use of sufficiently mature technology software programs.

allow cost transfers between projects or contracts  however, rare. Customers with shallow pockets soon learn that they are at the mercy of the vendor when it comes to specialist requests. It is then that customers wish they had taken the build route. They start to source alternative packaged solutions or reconsider the build option with the intention of integrating the new solution to their existing system. Integration is, however, not always possible and often carries a heavy price tag especially when proprietary technologies, such as electronic data Read More

Applying Lessons Learned in CRM Projects


The road to implementing customer relationship management (CRM) systems is fraught with risk and littered with failure. Paradoxically, reams have been written by industry practitioners explaining why CRM projects fail, yet the same patterns and mistakes are repeated—over and over again. While there is no magic bullet, following some simple guidelines can help assure CRM success for your organization.

allow cost transfers between projects or contracts   Read More

The Impact of Technology on Cost in Business Process Outsourcing


Many different factors contribute to the cost of a business process outsourcing (BPO) engagement. Among them, IT, especially software, is a key cost determinant that is often underestimated. A diligent assessment of BPO needs to address several cost components that are not included in the provider’s total contract value (TCV)—components which are often overlooked by buyers.

allow cost transfers between projects or contracts  Impact of Technology on Cost in Business Process Outsourcing Many different factors contribute to the cost of a business process outsourcing (BPO) engagement. Among them, IT, especially software, is a key cost determinant that is often underestimated. A diligent assessment of BPO needs to address several cost components that are not included in the provider’s total contract value (TCV)—components which are often overlooked by buyers. Read More

Software Capabilities Assessment and SALM Projects for Consultants


Whether your clients are small to midsized business (SMBs) or large enterprises, a clear picture of the software systems that are driving their businesses is a critical component of their long-term success. That’s why TEC has developed two specialized services that you can deliver to help your clients document, understand, and optimize their IT infrastructures, and plan effectively for the future. Learn more now.

allow cost transfers between projects or contracts  Software Capabilities Assessment,software architecture lifecycle management Read More

Moving to the Cloud: Understanding the Total Cost of Ownership


Before adopting any applications for key business functions, executives should perform a thorough total cost of ownership (TCO) analysis. Unfortunately, apples-to-apples comparisons can prove challenging. While it may be tempting to compare the initial license price of on-premises software to the annual subscription fees for cloud computing, this methodology fails to account for the ongoing internal operating costs for the on-premises software. Beyond direct software and hardware purchase and implementation costs, it’s also important for organizations to consider additional business drivers, including infrastructure and resource overhead, maintenance costs, ongoing operations, flexibility, and risk. Download this paper to learn more about how you can estimate the true TCO of cloud applications versus traditional on-premise software.

allow cost transfers between projects or contracts  to the Cloud: Understanding the Total Cost of Ownership Before adopting any applications for key business functions, executives should perform a thorough total cost of ownership (TCO) analysis. Unfortunately, apples-to-apples comparisons can prove challenging. While it may be tempting to compare the initial license price of on-premises software to the annual subscription fees for cloud computing, this methodology fails to account for the ongoing internal operating costs for the on-premises software. Read More

Six Ways to Achieve Sustainable Supply Chain Cost Reductions


We have all been through the experience of trying to hold on to hard won cost reductions in our supply chain operations in the face of unexpected changes in requirements. Read this white paper from Waer Systems to look at the factors that can derail sustainable cost reductions, and learn ways to improve sustainability of your cost reduction initiatives.

allow cost transfers between projects or contracts  Ways to Achieve Sustainable Supply Chain Cost Reductions We have all been through the experience of trying to hold on to hard won cost reductions in our supply chain operations in the face of unexpected changes in requirements. Read this white paper from Waer Systems to look at the factors that can derail sustainable cost reductions, and learn ways to improve sustainability of your cost reduction initiatives. Read More

Managing the Total Cost of Ownership of Business Intelligence: A 360-Degree Perspective


For many companies, total cost of ownership (TCO) of business intelligence (BI) solutions is out of control. And the problem is growing, fueled by ever-increasing demands from the user community, massive new sources for data, new capabilities, shadow it landscapes, and the cost of keeping people abreast of all the changes. This paper focuses on developing a framework for monitoring and managing the TCO of BI.

allow cost transfers between projects or contracts  the Total Cost of Ownership of Business Intelligence: A 360-Degree Perspective For many companies, total cost of ownership (TCO) of business intelligence (BI) solutions is out of control. And the problem is growing, fueled by ever-increasing demands from the user community, massive new sources for data, new capabilities, shadow it landscapes, and the cost of keeping people abreast of all the changes. This paper focuses on developing a framework for monitoring and managing the TCO of BI. Read More

Navigating Between Service Management Scylla & Charybdis - Part 3


Part 1 of this series analyzed the phenomenon of the service economy or the increasing importance of the service sector in industrialized economies. Especially in a sluggish market, the service delivered after the initial sale of a product is what can truly differentiate competitors. The service opportunity is also there, since after-sale service is quite difficult to

allow cost transfers between projects or contracts  Between Service Management Scylla & Charybdis - Part 3 Part 1 of this series  analyzed the phenomenon of the service economy  or the increasing importance of the  service sector  in industrialized economies. Especially in a sluggish market, the service delivered after the initial sale of a product is what can truly differentiate competitors. The service opportunity is also there, since after-sale service is quite difficult to replicate. Thus, while  durable (hard) goods  orders decline Read More

PCI Compliance Cost Analysis


The Payment Card Industry Data Security Standard (PCI-DSS) was created by credit card companies to protect cardholder data, ensuring that merchants and service providers maintain the highest degree of information security. However, many retailers are still questioning its effectiveness and necessity in light of the high cost of compliance. Read this white paper to find out what this cost really means for your organization.

allow cost transfers between projects or contracts  Compliance Cost Analysis The Payment Card Industry Data Security Standard (PCI-DSS) was created by credit card companies to protect cardholder data, ensuring that merchants and service providers maintain the highest degree of information security. However, many retailers are still questioning its effectiveness and necessity in light of the high cost of compliance. Read this white paper to find out what this cost really means for your organization. Read More

IBM Cognos Pricing Makes More Projects Possible


Too often, companies assume that business reporting and performance management software is too expensive. But for your wish list of potential projects, you should consider a solution with a flexible and tiered pricing scale—that may help you to improve productivity at a lower per-user cost. Learn more about the benefits of business reporting and project management solutions, and how to ensure a return on investment (ROI).

allow cost transfers between projects or contracts   Read More