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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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Reporting and Interfacing Requirements for Purchasing Management Features and Functions

In order to track the efficiency of the purchasing department, organizations need to access statistics and reports on what has been ordered compared to what has been received; the quality of the services provided by each supplier; price comparisons between different suppliers, etc. These reports are useful not only for the purchasing department, but also for other departments that depend on goods received, such as production, sales, and accounting.

  • Print open PO detail information by vendor, item number, due date, or dollar value

  • Generate past due reports by vendor or item number in due date sequence

  • Automatic reminder for overdue shipments sent to vendors via fax or e-mail

  • Print a vendor performance report

  • Print selected ship-to locations on a purchase order

  • Automatically faxes a purchase order to vendor

  • Electronically transmits POs to suppliers

  • Vendor profile fax numbers and e-mail addresses to be used for point-and-click transmissions of data to vendors

  • Interface with the general ledger upon receipt to increase the raw materials account and credit accounts payable

  • Interface with the inventory system

Purchasing Management Features and Functions
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