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By: Peter Poletti

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Parameters and Structuring Functions & Features

This includes Lean manufacturing accounting practices and methods (i.e., manufacturing overheads based on cycle time including labor);Fiscal calendar is defined by the user;Calendar periods are defined by the user;Calendar can be defined as uneven periods, adjustment periods, or to a maximum of 366 periods;Multiple calendars;Multi-entity financial reporting;.. Parameters and Structuring Functions & Features are an important module of the comprehensive ERP RFP Template for Discrete Manufacturing.

The ERP RFP template with Parameters and Structuring Functions & Features for ERP is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 3761 decision criteria. The ERP RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to ERP software vendors. It ensures for:

  • complete response from each ERP software vendor
  • deep and accurate evaluation of submitted ERP proposals
  • impartial side-by-side comparison of ERP solutions evaluated
  • rational and documented selection of the best matching ERP system

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The Parameters and Structuring Functions & Features comprise the following elements:

  • Lean manufacturing accounting practices and methods (i.e., manufacturing overheads based on cycle time including labor)

    Lean manufacturing accounting practices and methods (i.e., manufacturing overheads based on cycle time including labor), Parameters and Structuring Functions & Features

  • Fiscal calendar is defined by the user

    Fiscal calendar is defined by the user, Parameters and Structuring Functions & Features

  • Calendar periods are defined by the user

    Calendar periods are defined by the user, Parameters and Structuring Functions & Features

  • Calendar can be defined as uneven periods, adjustment periods, or to a maximum of 366 periods

    Calendar can be defined as uneven periods, adjustment periods, or to a maximum of 366 periods, Parameters and Structuring Functions & Features

  • Multiple calendars

    Multiple calendars may be useful for different accounting scenarios. For example, different financial entities may need separate fiscal calendars--one set of books might require a quarterly calendar while another would require a different term. If a merger results in two financial entities that have different fiscal calendars, the accounting system will need to maintain both calendars and normalize the data (Q2 for Entity A is equal to Q3 for Entity B). This may also be useful for what-if scenarios. Multiple calendars, Parameters and Structuring Functions & Features

  • Multi-entity financial reporting

    A financial reporting entity is a business unit which can legally make financial reports. Multi-entity financial reporting, Parameters and Structuring Functions & Features

TEC Advisor can save you up to 90% of the time you would have otherwise spent figuring out on your own which ERP solution is the best for your needs.

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Functions and Features