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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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Conversions Features and Functions



  • Converts currency automatically, based on the functional currency for a set of books

  • Converts currency at present exchange rate

  • Converts currency using spot rate

  • Converts currency using average rate for an accounting period

  • Converts currency using historical rate for an accounting period

  • Converts currency at point of transaction

Multicurrency Capabilities Features and Functions
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