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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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 sox physical inventory controls


Audit Considerations for Enterprise Software Implementations Part 2: Applying Controls and Audit Emphasis
Whether audit expertise is provided by an internal staff or an independent, outside agency, calling in an audit specialist is as normal as calling in a kicking

sox physical inventory controls  perhaps the threat of SOX and the attached penalties may be enough to jolt you and your organization into action. Software Piloting When implementing enterprise software, piloting of this software is one of, if not the most critical event in the project's life cycle. Piloting or conference room pilot (CRP) is the process by which you put the software through its paces in a pseudo production setting to verify that it can support the standard business practices and routines of the company. If done well,

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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

CMMS – EAM

Enterpise asset management (EAM) solutions support maintenance management tasks. Asset management systems typically enable planning, controlling, and monitoring of physical asset events. EAM typically includes computerized maintenance management system (CMMS) functionality, fleet maintenance, workflow, reporting, and other areas that touch upon asset management practices. 

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Documents related to » sox physical inventory controls

Three Ways ERP Can Help Manage Risk and Prevent Fraud


If enterprise resource planning (ERP) isn't properly implemented to manage risk, your organization may face loss due to fraud or other hazards. Take advantage of ERP's capacities for role-based security, on both the business and the IT sides of your processes.

sox physical inventory controls  the US Sarbanes-Oxley Act (SOX) and the Health Insurance Portability and Accountability Act (HIPAA) of 1996 can benefit from applying some of the principles required for compliance to their business. Efforts to comply with basic data security and risk prevention guidelines can even further reduce the risk of financial loss through administrative mistakes or fraud. The specific steps necessary to ensure compliance with these guidelines will differ from one company or business model to the next, but any Read More

Attributes of Sarbanes-Oxley Tool Sets Part Two: Information and Communication, Monitoring, and Startup Tips


An earlier article, Audit Considerations for Enterprise Software Implementations, included a brief discussion of the use of computer-based tool sets and repositories to facilitate compliance with the Sarbanes-Oxley Act (SOX). Here we examine this issue in more detail. Of particular interest are the key characteristics that you should look for when selecting such tool sets. Read on to see how these tool sets can assist your company in meeting the new audit challenges facing corporate America.

sox physical inventory controls  compliance with SOX. A SOX tool set is a use of technology to meet the legislative requirements. This research note presents a logical case for using the COSO framework for determining the characteristics for the tool set. The COSO framework has been accepted as the de facto standard to permit reasonably consistent qualitative and quantitative measurements of an organization's internal control. By selecting a tool that best meets the goals of the five components of the COSO framework, you can place your Read More

Ask the Experts: Approaches to Data Mining ERP


From one of our readers comes this question: I am a student of IT Management; I have an ERP course and I am supposed to write an article to review new aspects of ERP systems. I’ve decided to explore the reasons for using data mining techniques in ERP systems—and to look at different modules to which these techniques have been applied. I am going to prepare a framework to determine

sox physical inventory controls  strict compliance regulations (e.g., SOX) they must adhere to, as well as the organizational operational policies imposed on them, are just a few of the things fuelling the need for data controls. The newest trend in data mining is continuous controls monitoring (CCM). CCM’s powerful analytic capabilities enable organizations to gain immediate insight into the transactional data underlying their business and financial reporting processes. Here is an example of where CCM is used: A CCM interface to the Read More

Active RFID Solutions for Asset Tracking and Inventory Management


Radio frequency identification (RFID) technology is fast replacing ScanCode technology in asset tracking and inventory management. Traditionally, asset tracking and inventory management in retail supply chain or manufacturing or service units depended heavily on manual scanning of bar code printed on each item at every strategic point. This white paper focuses on details of RFID technology and how you can automate asset tracking and inventory management of your enterprise using it. The white paper takes aid of a case study on how FicusSoft has developed and successfully implemented RFID integrated asset tracking and inventory management solutions for a reputed manufacturer of ultra-sensitive instruments used in the field of biotechnology and pharmaceutical research.

sox physical inventory controls  RFID,Ficus,inventory,tracking,management Read More

Click Commerce Helps Aviall Optimize Their Service Supply Chain and Reduce Excess Inventory


Availl, Inc, the leading solution provider of sales, supply chain management, and logistic services for the aviation industry. Learn how it used Click Commerce Service Parts Optimization solutions to extend its inventory planning capabilities, enable comprehensive demand forecasting, and provide Web-based visibility into global inventories.

sox physical inventory controls   Read More

Waer Systems—Integration, Process, and Presentation in the Supply Chain


Long known as a supply chain firm with specialized capabilities around warehouse and inventory management, U.K.-based Waer Systems has never been one to sit still, and in the years since the company’s founding in 2000, Waer has evolved and matured its solutions and services to focus on integration, with virtually any enterprise system, in large multi-national enterprises.

sox physical inventory controls  aerospace and defense, A&D, cloud, ERP, inventory management, manufacturing, reverse logistics, software-as-a-service, SaaS, supply chain, Waer, Waer Systems, WAERconsole, WAERflow, WAERlinx, warehouse management, vendor managed inventory, VMI, systems integration Read More

Inventory Planning & Optimization: Extending Your ERP System Part Three: Business Case for Inventory Optimization Solutions


Inventory Optimization software recognizes that different industries have different inventory profiles and requirements. Research has indicated that solutions are priced in a large range from tens of thousands of Dollars to millions of Dollars. In this niche market sector, price is definitely not an indicator of the quality of solution. ROI and usability are paramount.

sox physical inventory controls   Read More

The First Steps to Achieving Effective Inventory Control


Despite varying locations and industries, distributors worldwide often face similar inventory-related problems. Too much of one product, not enough of another… and the list goes on. Discover how many forward-thinking distributors have learned to better manage production inventory—and increase efficiency and profitability—with smart inventory management strategies based on tried and proven methods and best practices.

sox physical inventory controls   Read More

Transforming Inventory Into a Strategic Weapon


If you prefer the more productive, long-term approach, check out Transforming Inventory into a Strategic Weapon.

sox physical inventory controls  transforming inventory strategic weapon,transforming,inventory,strategic,weapon,inventory strategic weapon,transforming strategic weapon,transforming inventory weapon,transforming inventory strategic. Read More

Unlocking Working Capital: Best Practices for Reducing Inventory


Two-thirds of the 400 survey participants in a 2007 Aberdeen report about inventory management place a high priority on working capital optimization. Many companies are reconsidering their business strategies, including implementing appropriate technology platforms that help automate supply chain processes. Learn about cost-effective and practical ways to reduce inventory so that working capital can be released.

sox physical inventory controls   Read More

Inventory Reduction: Effectively Turning Excess Into Cash


In virtually all manufacturing companies, there is a direct correlation between inventory levels and overall business performance. In fact, CEO's and CFO's believe that their companies consistently carry 25 to 40 percent or more inventory than is needed.

sox physical inventory controls  Inventory Reduction,inventory planning,control system,inventory investment,Excess Inventory,inventory turnover,inventory planning processes,effective monitoring,Rapid Inventory Reduction,Inventory Quality Ratio,iqr logic,Rapid Inventory Reduction Methodology,inventory reduction benefits,inventory reduction methods,reducing inventory Read More

Management Strategy for Network Critical Physical Infrastructure


Network-critical physical infrastructure includes power, cooling, racks and physical structure, security and fire protection, cabling, management systems, and service. To manage these key pieces of your network’s physical structure, you need to be able to manage devices individually. Find out how an element management solution can help you assimilate and manage the large volume of data necessary for network availability.

sox physical inventory controls  Strategy for Network Critical Physical Infrastructure Management Strategy for Network Critical Physical Infrastructure If you receive errors when attempting to view this white paper, please install the latest version of Adobe Reader. Computer Rooms are the heart of many small/medium businesses. Often not originally or specifically designed to provide the ideal environment for IT equipment, special attention to Network Critical Physical Infrastructure (NCPI) when deploying racks of servers, Read More

Let the (Excess) Inventory Flow!


Because companies focus primarily on new product development and promotion, the problem of excess and obsolete inventory, once addressed, often leads to both the inventory and dollars flying out the door. There should be smarter ways of handling this problem.

sox physical inventory controls  the (Excess) Inventory Flow! The conundrum of inventory management and the notion of inventory as a necessary evil (or the asset versus liability dilemma) have long been haunting and bedazzling operations and financial and accounting managers. It is a well-known fact that managing inventory risk is about managing the cost of maintaining unnecessarily high levels of inventory against the risk of running out of stock at a crucial moment of truth (MOT) when a customer actually wants something. In a Read More