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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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Late Payments Features and Functions



  • Calculation of late payments based on the account balance brought forward

  • Late payment fees that are charged based on a fixed amount, or based on an interest rate charged over the delay period, or a combination of both

Billing and Invoicing Requirements Features and Functions
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