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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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Taxes Features and Functions



  • Calculation of taxes

  • Flat and multitiered taxes

  • Fixed amount and percentage based taxes

  • Definition of taxes that apply to all subscriptions, and taxes that only apply to subscriptions located in a specified jurisdiction

  • Editing of taxes

  • Charging of selected taxes, such as tax stamps, only when the bill is paid

  • Interfacing to a stand-alone taxing system, such as Vertex or other

  • Setting of the type and level of taxation individually for every charge

  • Display of different tax rates on the invoice

  • Selective application of tax to certain types of transaction or services

  • Calculation of tax on all appropriate products and services provided, and inclusion of it in the invoice

Billing and Invoicing Requirements Features and Functions
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