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Software Selection Acronyms

Common acronyms and abbreviations used within the software system selection process

Acronym

Description

ADSL

Asymetric Digital Subscriber Line

AP

Accounts Payable (also known as PL - Purchase Ledger)

API

Application Program Interface

AR

Accounts Receivable (also known as SL - Sales Ledger)

ASCII

American Standard Code for Information Exchange

ASP

Application Service Provider

BACS

Bankers Automated Clearing Services

BI

Business Intelligence

BOB

Best Of Breed

BOM

Bill Of Materials

BPO

Business Process Outsouring

BPR

Business Process Re-engineering (or Redesign)

BSC

Balanced Score Card

BW

Business Warehouse

CAD

Computer Aided Design

CAD/CAM

Computer Aided Design and Manufacture

CASE

Computer Assisted Software Engineering

CBL

Computer Based Learning

CBT

Computer Based Training

CHAPS

Clearing House Automated Payment System

CM

Content Management

CMS

Content Management System

COBOL

Common Business Orientated Language

CPD

Continuing Professional Development

CPM

Critical Path Method

CPPD

Continuing Professional and Personal Development

CRM

Customer Relationship Management

CSF

Critical Success Factor

DBMS

Database Management System

DCF

Discounted Cash Flow

DDE

Dynamic Data Exchange

DMS

Document Management System

DRP

Distribution Requirements Planning

DSL

Digital Subscriber Line

DSS

Decision Support System

EAI

Enterprise Application Integration

EAP

Extensible Authentication Protocol

ECMS

Enterprise Content Management System

eCRM

Electronic Customer Relationship Management

EDI

Electronic Data Interchange

EFT

Electronic Funds Transfer

EPM

Employee Process Management

EPOS

Electronic Point Of Sale

ERM

Employee Relationship Management

ERP

Enterprise Resource Planning

FA

Fixed Assets

FAT

Final Acceptance Testing

FDDI

Fibre Distributed Data Interchange

FMCG

Fast Moving Consumer Goods

FMS

Flexible Manufacturing System

GHRM

Global Human Resource Management

GL

General Ledger (also known as NL - Nominal Ledger)

GUI

Graphical User Interface

HCM

Human Capital Management

HDML

Handheld Device Markup Language

HR

Human Resource

HRIS

Human Resource Information System

HRM

Human Resource Management

HRMS

Human Resource Management System

HTML

HyperText Markup Language

IDSL

ISDN Digital Subscriber Line

IDSN

Integrated Services Digital Network

IIP

Investors In People

INFOSEC

Informations Systems Security

IP

Intellectual Property

IRR

Internal Rate of Return

IS

Informations Systems

ISAM

Indexed Sequential Access Method

ISS

Intelligent Support Systems

ITT

Invitation To Tender

JIT

Just In Time

JRD

Joint Requirements Development

KM

Knowledge Management

KN

Knowledge Network

KPI

Key Performance Indicator

LAN

Local Area Network

LAWN

Local Area Wireless Network

LDAP

Lightweight Directory Access Protocol

MAN

Metropolitan Area Network

MAPI

Messaging Application Programming Interface

M-CRM

Mobile Customer Relationship Management

MICR

Magnetic Ink Character Recognition (or Reader)

MIS

Management Information System (or Services)

MRP I

Material Requirements Planning

MRP II

Manufacturing Resource Planning

NL

Nominal Ledger (also known as GL - General Ledger)

NOS

Network Operating System

NPV

Net Present Value

NRV

Net Realisable Value

OCR

Optical Character Recognition

ODBC

Open Database Connectivity

OLAP

Online Analytical Processing

OLE

Object Linking and Embedding

OO

Object Oriented

P2P

Peer to Peer

PAN

Personal Area Network

PDF

Portable Digital Format

PERT

Project Evaluation and Review Technique

PL

Purchase Ledger (also known as AP - Accounts Payable)

PLM

Production Line Management

PM

Project Management (or Manager)

PMIS

Project Management Information System

PMO

Project (Program) Management Office

POP

Purchase Order Processing

PRINCE

Project in Controlled Environments

RDBMS

Relational Database Management System

RFI

Request For Information

RFP

Request For Proposal

RFQ

Request For Quotation

ROCE

Return On Capital Employed

ROI

Return On Investment

SaaS

Software as a Service

SAN

Storage Area Network

SDK

Software Development Kit

SIG

Special Interest Group

SKU

Stock Keeping Unit

SL

Sales Ledger (also known as Accounts Receivable)

SLA

Service Level Agreement

SOA

Service Oriented Architecture

SOAP

Simple Object Access Protocol

SQL

Structured Query Language

SRS

Software (or System) Requirements Specification

SSD

Software Specification Document

SSL

Secure Sockets Layer

TCO

Total Cost of Ownership

TQM

Total Quality Management

UAT

User Acceptance Testing

UPS

Uninterruptible Power Supply

VAR

Value Added Reseller

VLAN

Virtual Local Area Network

VOIP

Voice Over Internet Protocol

VPN

Virtual Private Network

WAN

Wide Area Network

WAP

Wireless Application Protocol

WBS

Work Breakdown Structure

WIFI

Wireless Fidelity

WLAN

Wireless Local Area Network

WML

Wireless Markup Language

XBRL

Extensible Business Reporting Language

XHTML

Extensible HyperText Markup Language

XML

Extensible Markup Language

XUL

XML-based User Interface Language

If you want to suggest an acronym for inclusion, please email us at: info@axia-consulting.co.uk  

For more IT project proposal information visit: Why change your present system?  / Project scope checklist / IT project proposal / Proposal format / Basic roi calculation / Return on investment calculator / Maximising project ROI / Project budget / Hidden costs of acquiring software / Project budget template / Proposal evaluation sheet

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