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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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 erp implementation steps china


How to Start Down the ERP Selection Path
A decade ago, about 70 percent of major software initiatives failed, and nearly a quarter were cancelled. Today, with better data management, more flexible

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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

Process 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 order processing and production scheduling. ERP began as a term used to describe a sophisticated and integrated software system used for manufacturing. In its simplest sense, ERP systems create interactive environments designed to help companies manage and analyze the business processes associated with manufacturing goods, such as inventory control, order taking, accounting, and much more. Although this basic definition still holds true for ERP systems, today its definition is expanding. Today's leading ERP systems group all traditional company management functions (finance, sales, manufacturing, human resources) and include, with varying degrees of acceptance and skill, many solutions that were formerly considered peripheral (product data management (PDM), warehouse management, manufacturing execution system (MES), reporting, etc.). While during the last few years the functional perimeter of ERP systems began an expansion into its adjacent markets, such as supply chain management (SCM), customer relationship management (CRM), business intelligence/data warehousing, and e-Business, the focus of this knowledge base is mainly on the traditional ERP realms of finance, materials planning, and human resources. The old adage is "Such a beginning, such an end", and, consequently, many ERP systems' failures could be traced back to a bad software selection. The foundation of any ERP implementation must be a proper exercise of aligning customers' IT technology with their business strategy, and subsequent software selection. This is the perfect time to create the business case and energize the entire organization towards the vision sharing and a buy in, both being the Key Success Factors (KSFs). Yet, these steps are very often neglected despite the amount of expert literature and articles that emphasize their importance.    

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Streamlining Your Conversion to IFRS: Challenges, Choices, and Transformative Technologies


Transitioning to international financial reporting standards (IFRS) is more than just a mandate—it’s an opportunity for companies to improve their financial consolidation and reporting systems, and enable rapid legal compliance. But making the switch requires careful planning, thoughtful execution, and support from personnel throughout the enterprise. Find out how your company can manage the change.

erp implementation steps china  Enterprise Performance Management | ERP System | Epm System | Transition to IFRS | Overcoming IFRS Challenges to Group Financial Reporting | Financial Reporting Model | Financial Consolidation | Standard for Financial Reporting | LIFO Inventory Costing Method | Standard IAS 2 | Companies Using LIFO Under U.S GAAP | Management Accountants | Tax Accountants | External Auditors | IT Department | Support an IFRS-compliant Closing Process | Critical Decision Points in IFRS Success | Using Technology to Read More

Product Configurators Pave the Way for Mass Customization


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erp implementation steps china  are also integrated with ERP and CRM packages, with consulting companies providing their own core configuration engine with turnkey solutions for configuring the products. The Next Generation Configurator As the engineering beneath a designed product becomes complex and/or when the product gets modified frequently, the creation, modification and maintenance of a rule-base becomes an impossible task. If there is any design change, the rule base needs to be changed accordingly and go through extensive Read More

TEC's Mid-market ERP-Distribution Buyer’s Guide


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erp implementation steps china  ERP Business Software , ERP Implementation Methodology , Lean Manufacturing ERP , ERP Asset Management , ERP Inventory Management , Business Intelligence ERP , ERP Distribution Current Product , Compare Top10 ERP Systems , Open Source ERP Download , Top 10 ERP Software Apps , ERP Distribution Options , ERP Software Distribution , ERP Distribution Capabilities , ERP Distribution Systems . Introduction Welcome to Technology Evaluation Centers' guide to enterprise resource planning (ERP) for mid-market Read More

Why Privately Held Manufacturers Should Implement IFRS-ready ERP Solutions


While regulatory requirements to adopt International Financial Reporting Standards (IFRS) may be a concern for publically traded companies only, there are plenty of reasons why privately held entities will want to prepare to adopt IFRS as well.

erp implementation steps china  modeling tool within an ERP application can help standardize and automate IFRS compliance activities. Illustration provided by IFS North America . Complete a gap analysis. Your chief accountant should walk through and look at your local accounting principles, create a list of the IFRS accounting principles that apply to your business, and highlight any major areas of change. In some cases, even when the international standard represented a change, it wasn't significant. For instance, IFS historically had Read More

Sage ERP X3: Process Manufacturing (ERP) Competitor Analysis Report


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erp implementation steps china  ERP X3: Process Manufacturing (ERP) Competitor Analysis Report The process enterprise resource planning (ERP) knowledge base anticipates as many factors as possible to assist businesses in the process manufacturing field, which typically involves mixing, separating, forming, or performing chemical reactions (for example, paint manufacturers or refineries). The knowledge base includes criteria for determining batch control and reporting, formula and routing, and material management capabilities. It Read More

Epicor ERP 10: Mixed-Mode Manufacturing (ERP) Competitor Analysis Report


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erp implementation steps china  ERP 10: Mixed-Mode Manufacturing (ERP) Competitor Analysis Report The mixed-mode manufacturing ERP knowledge base addresses diverse criteria for multiple types of production environments and strategies. Companies that need to switch production without interrupting their operations may seek both discrete and process manufacturing requirements of their ERP solution. These may include mixing, separating, forming, or performing chemical reactions, as well as functionality for production planning, shop Read More

Dynacom ERP: ERP for SMB Competitor Analysis Report


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erp implementation steps china  ERP: ERP for SMB Competitor Analysis Report The accounting and ERP for small and medium businesses (SMB) evaluation model targets functional requirements for a fully featured accounting solution. In addition to supporting accounting requirements, it is applicable for those researching an ERP system suitable for small and medium businesses (SMB). It includes categories such as General Ledger, A/P and A/R, Payroll, Job and Project Costing, Multinational Accounting, Manufacturing, Inventory, Read More

SAP ERP: Discrete Manufacturing (ERP) Competitor Analysis Report


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erp implementation steps china  ERP: Discrete Manufacturing (ERP) Competitor Analysis Report The discrete enterprise resource planning (ERP) knowledge base addresses discrete manufacturing (distinct items such as auto parts or chairs) as well as non-manufacturing industries. Research vendors that support a range of functionality for production planning, shop floor control, and product costing. The knowledge base also provides information on financials, human resources, and other enterprise management modules. Read More

Zavanti ERP Is TEC Certified for ERP for Services and PPM for PSA Evaluation


TEC is pleased to announce that Zavanti ERP by Zavanti is now TEC certified in the enterprise resource planning (ERP) for services and project portfolio management and professional services automation (PPM for PSA) software spaces. Zavanti offers an end-to-end suite of solutions for the property development, building and construction, property management, and professional services organizations, particularly the engineering, architecture, contractors, and consultants vertical markets.

erp implementation steps china  ERP Is TEC Certified for ERP for Services and PPM for PSA Evaluation TEC is pleased to announce that Zavanti ERP by Zavanti is now TEC certified in the enterprise resource planning (ERP) for services and  project portfolio management and professional services automation (PPM for PSA) software spaces.   Zavanti was founded in 2001 and is based in Sydney, Australia. Zavanti offers an end-to-end suite of solutions for the property development, building and construction, property management, and Read More

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erp implementation steps china  to Consolidate Your Various ERP Packages If your business is running more than a single enterprise resource planning (ERP) software package, you need to consolidate down to one. In this white paper, we’ll provide you with four good reasons for making this move, and how to get around the various organizational barriers to doing so. Read More

Sage 100 ERP Online: ERP for SMB Competitor Analysis Report


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erp implementation steps china  100 ERP Online: ERP for SMB Competitor Analysis Report The accounting and ERP for small and medium businesses (SMB) evaluation model targets functional requirements for a fully featured accounting solution. In addition to supporting accounting requirements, it is applicable for those researching an ERP system suitable for small and medium businesses (SMB). It includes categories such as General Ledger, A/P and A/R, Payroll, Job and Project Costing, Multinational Accounting, Manufacturing, Inventory, Read More

IFS Applications


Developed using open, component-based technology, IFS Applications provide extended enterprise resource planning (ERP) functionality, including customer relationship management (CRM); supply chain management (SCM); product lifecycle management (PLM); corporate performance management (CPM); enterprise asset management (EAM); and maintenance, repair, and overhaul (MRO) capabilities. IFS Applications' service-oriented architecture (SOA) is designed to help companies collaborate with partners, suppliers, and customers. IFS Applications are a comprehensive business system for midsize and large organizations. In addition to the processes that are supported by all business systems, such as finances, inventories, traditional manufacturing, and customer management, IFS Applications support the entire lifecycle of products from construction to maintenance and aftermarket services.  

erp implementation steps china  IFS Applications provide extended enterprise resource planning (ERP) functionality, including customer relationship management (CRM); supply chain management (SCM); product lifecycle management (PLM); corporate performance management (CPM); enterprise asset management (EAM); and maintenance, repair, and overhaul (MRO) capabilities. IFS Applications' service-oriented architecture (SOA) is designed to help companies collaborate with partners, suppliers, and customers. IFS Applications are a comprehensive Read More

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