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Software Evaluation Features and Functions

Before you can begin comparing enterprise software solutions, it's important to understand the features and functions that you need to run your business.Below, you'll find links to comprehensive models of features and functions for several types of enterprise software, accounting, asset management, business intelligence (BI), content management systems (CMS), enterprise resource planning (ERP), human capital management (HCM), product lifecycle management (PLM), product portfolio management (PPM), relationship management, and supply chain management (SCM). These feature/function models can help you better understand vendor offerings as you compare software solutions, including

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Processing Requirements Features and Functions



  • Provide for non-nettable inventory locations

  • Provide for ABC classification of parts, based on order activity, historic usage/cost, or projected usage/cost

  • Provide capability to receive, stock, disburse, and report on inventory by part number and location utilizing bar code

  • Provide audit trail of all transactions by document number and part number

  • Provide capability to cycle count including printing supporting worksheets

  • Provide capability to cycle count including on-line display and reporting of transactions

  • Provide capability to establish cycle count control groups (of item numbers)

  • Provide for cycle count correction made by entering a recount or providing recount report

  • Provide for cycle count percentage and cost tolerances based on ABC classification

  • Provide flexible unit of measure conversion capabilities

  • Track and control vendor consigned inventory

Inventory Management Features and Functions
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