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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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Price Configurator Features and Functions



  • Performs real-time pricing of a configuration that takes into account pricing rules and any discounting or aggregation plans

  • Automatically recognizes the cost savings for a customer if multiple products and services are purchased as a bundle

  • Distinguishes between a customer’s one-time, non-recurring charges (NRCs) and monthly recurring charges (MRCs)

  • Acquires product pricing information from external sources

  • Modifies or removes any charges on a product configuration

  • Allows viewing and modifying the quote

  • Assess the profitability of configurations based on the customer’s existing and proposed services and the provider’s associated margins

  • Converts quotes to orders

Sale Negotiation Features and Functions
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