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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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Forecasting Features and Functions



  • Automatic forecasting

  • The forecasting process, hierarchy, parameters, and business rules can be set up through an interactive graphical interface

  • Project set-up wizard generates automatic forecasts for millions of data rows in a batch, or thousands through the interactive graphical interface

  • Reconciles up and down the hierarchy

  • Generates exception reports based on sound statistical logic and business rules

  • Publishes results automatically via a company portal or the Internet

  • Facilitates ongoing and repeatable forecasting as part of a company's overall planning process

  • Events management console

  • Code generation for batch processing

  • Automatic regressor selection

  • Performs automatic hierarchical forecast reconciliation

  • Aggregates transactional data into time series format

  • Accumulates data into any frequency time series

  • Seasonality and intermittent series tests

  • Automatic indicator variable creation

  • Automatic model selection

  • Output produced in common formats such as HTML, PDF, Microsoft Word, OpenDocument Format, etc.

  • Several output data sets are available, including forecasts, goodness-of-fit statistics, model parameters, seasonal and trend statistics, etc.

Predictive Analytics Features and Functions
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