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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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Financial Reports Features and Functions

Once data has been input into payroll, users will probably need to review slices of that data to determine if costs are in line, where costs are being incurred, and how those costs compare against other benchmarks.

Employee List

Users should have the ability to print an employee list at any time. This list can be used for any number of purposes, and as such users should have the ability to print a summary list of employees or a detailed listing of each employee and the information in the employee master file.

Payroll Report Date Ranges

Depending upon the purpose of the review, some users might want to examine just the current period payroll cost information. Other people might want to look at just the year-to-date, while others want to look at both simultaneously. Finally, some people might want to examine payroll costs for specific time periods of interest to them.

Other Payroll Reports

This question lists some of the more frequent uses to which payroll information can be put.

Union Reporting

If some or all employees are members of a union, the employer will have to send employee related information to each union on a regular basis. That may be as simple as a membership roster or possibly a report listing employee union contributions or employer union obligations.

Miscellaneous Financial Reports

There are many reports that can be associated with payroll. The questions that follow list some of the more common reports users should be able to access.

Payroll Features and Functions
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