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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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Control Reports Features and Functions

The reports listed in this section have been designed to make sure information is input correctly.

Transaction Register

The transaction registers are the primary audit trail by which information is researched at the end of a period or year, or even long after a period has been closed. This question helps identify how a system helps users segregate information in support of this review or research process. In addition, this question asks how the original batch or transaction can be identified since the user will be looking at a single entry in a detailed trial balance or account activity report.

Transaction Drill-down

This question asks if a user can drill down from a single entry in a transaction register or equivalent report to the original transaction and whether it is possible to see that original transaction in its entirety as if it had just been input.

Journals

Journals are summary reports that track transactions in very broad categories.

General Ledger Features and Functions
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