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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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 erp analyzing for business services


How Is Business Process Management Applicable to Financial Services?
Business process management (BPM) allows financial services companies to manage internal processes and to increase efficiency and accuracy. Organizations

erp analyzing for business services  vertical solutions, such as enterprise resource planning (ERP) and customer relationship management (CRM). BPM, in contrast, spans the entire enterprise. Nonetheless, despite BPM's seemingly horizontal applicability across industries and enterprises, many organizations might benefit from industry-specific, or vertical, BPM solutions. This article focuses on such solutions within the financial services (FS) industry. Core BPM Components BPM is made up of a wide range of components. Most of these

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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

ERP for Services (Non-manufacturing)

Typically, ERP systems designed for services industries offer modules that provide back-office support, customer relationship management, time management, expense management, resource management, and project management capabilities. Depending on the vertical market, additional industry-specific functionality may be included to address unique business requirements. Consequently, project-centric systems for accounting, architecture, construction, engineering, and professional services industries will support project management functionality; whereas health care, field service, distribution, and government systems will support functionality unique to those vertical markets. 

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Synergy Business Solutions


OVERVIEW & INDUSTRIES Synergy Business Solutions provides comprehensive software solutions primarily to organizations doing project-based work, including architecture, engineering, construction, pharmaceutical, research, biotechnology, professional services, and make-to-order manufacturing companies. SOFTWARESynergy implements Microsoft Dynamics SL (formerly Solomon) project-accounting (job-costing) software and integrates it with software you already use, i.e. Microsoft Office, as well as project management, CRM, collaboration, and analytics and reporting software. STRATEGIC VALUEThrough this powerful integration, Synergy helps organizations that have outgrown their systems and procedures or have found them cumbersome, to operate more efficiently and profitably while effectively managing projects, resources, time, financials, and growth. PROVES THE SYSTEM WORKS BEFORE YOU PURCHASE Synergy’s Plan > Prove > Purchase > Perform approach means Synergy plans your solution, using your real data, and then proves to you that it meets your business requirements. You see a working solution not a theoretical demonstration before you purchase. Once implemented, your company performs with new efficiency. SOLUTIONSProject Management and Accounting Synergy implements and supports Microsoft's Project Management and Accounting solution. It empowers your organization’s managers with a flexible, integrated solution tailored to your business needs. From smoothly launching new projects and tracking their progress, to getting out invoices, to analyzing projects, this powerful solution helps keep projects on track.Financial Management With your project-accounting solution you get seamless financial connectivity across your entire system, including integration with project accounting, materials management (distribution), and other business processes. Information is centralized and easily accessible, helping eliminate redundant data entry, increase accuracy, and facilitate informed, flexible reporting. Analytics and Reporting Synergy’s Analytics and Reporting solutions utilize the data in your accounting/ERP system generally Microsoft Dynamics SL along with the most advanced analytical tools, to deliver accurate business insight about your customers, projects, markets, finances, inventory, orders, etc.Materials Management Superb customer service begins and ends with your ability to maintain control over every aspect of your materials management or distribution processes. Synergy helps you build long-term profitability with lasting relationships with your customers and vendors providing them with the information and services they want.Business Portals Enhance productivity by providing user and customer-specific access to information and processes from a single portal. Synergy implements Business Portal, integrated with project accounting software, which takes the hassle out of common tasks, reduces information support costs, and helps deliver at-a-glance access to project and financial information, anywhere and anytime. Collaboration Through Microsoft Windows SharePoint Services, Synergy helps your project-driven organization increase efficiency and improve team productivity. SharePoint delivers tools for collaboration and document management and sharing that keep people connected across organizational and geographic boundaries.CRM Synergy’s integration between Microsoft Dynamics SL and Microsoft CRM gets you one-click customer views in CRM from within accounting or project modules. Data created in one application automatically passes to the other, which reduces duplicate data entry and gives all stakeholders complete visibility of a customer

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Forget Speeds and Feeds-ERP Outsourcing for the Mid-market


If you base your selection of an outsourcing partner on a service provider’s strengths, it can be difficult to make an apples-to-apples comparison among the various models. The best way to make a comparison in a thoughtful and effective manner is to develop individual specifications matching buyer needs with service provider strengths in order to make an enduring match. Find out how.

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Mastering Global Product Development for Business Advantage


Today’s businesses are operating in a global marketplace. Not only are customers and competitors located worldwide, but employees, suppliers, contractors, and partners are, too. Learn how global product development (GPD) initiatives can help your company accelerate time-to-market, reduce product development costs, maximize productivity, enhance product quality, drive innovation, and optimize operational efficiencies.

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SoftBrands to Institute Fourth Shift for SAP Business One Manufacturing Work-Plan Part Five: Challenges and User Recommendations


Make sure that what you select now will keep abreast of the technology changes in the future. It may sometimes be more beneficial to implement the right solution slowly than to rush the wrong one into place.

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The New Business of Business Leaders: Hiring and Onboarding


This paper explores the role of business leaders in driving talent management functions, specifically around hiring and onboarding challenges. It discusses how talent intelligence helps business leaders find better candidates faster, make better build/buy/rent decisions, decrease new hire time-to-proficiency, and decrease the number of new hires who quickly leave.

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IFS Applications (version 8.0) for ERP for the Mining Industry Certification Report


IFS Applications (v. 8.0) is TEC Certified for online evaluation of enterprise resource planning (ERP) solutions for the mining industry in the ERP Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

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Comparing the Total Cost of Ownership of SME On-premise Business Management Applications and SAP Business ByDesign


This document analyzes the cost of ownership for a typical on-premise small and medium enterprise (SME) business management system, and compares it to the cost of an equivalent SAP Business ByDesign implementation. It uses a mixture of different on-premise systems rather than any single vendor's product. Although there are many similarly equipped business management products available, they all compete closely on price.

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Keeping Cash Flow in Focus While Driving Business Performance


One of the most basic business axioms, held dear by all firms but especially small companies, is that cash flow is king. Customer payments are essential for fueling all other business activity, from staff salaries, to raw materials, to rent. Growing firms need to be especially attentive to cash flow because sales increases typically require new investments associated with product or service production before payments are received. Learn more now.

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PTC Windchill 10 for Core PLM for Discrete Industries Certification Report


PTC Windchill 10 is TEC Certified for online evaluation of core product lifecycle management (PLM) for discrete industries solutions in the Core PLM for Discrete Industries Evaluation Center. The certification seal is a valuable indicator for organizations relying on the integrity of TEC research for assistance with their software selection projects. Download this report for product highlights, competitive analysis, product analysis, and in-depth analyst commentary.

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Can ERP Answer Your Business Needs?


Deploying an enterprise resource planning (ERP) solution is an extremely important event in the development of a company. A well-managed ERP solution can help a business handle global competition. Fortunately, modern ERP systems are relatively user-friendly, easy to implement, and easy to afford. Read this white paper to learn about the benefits of ERP and some of the issues that arise in implementing an ERP solution.

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