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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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Cost Allocations Features and Functions

Cost allocations are the identification and distribution of cost in a multipurpose project.

  • Attributes cost pool dimension codes for the source and target of the allocation

  • Groups dimension codes into cost pools by dimension type

  • Assigns user-defined allocation codes to activities that generate cost

  • Uses allocation codes to post results to G/L

  • Uses allocation codes to group accounts into cost categories

  • User-defined budget allocation codes

  • Models cost allocation code definitions

  • Imports cost driver data from multiple operational data sources

  • Automatic revisions to cost driver data

  • Flexible cost category definitions based on applicable G/L account groupings

  • Total or partial transfers from ledger account to costing categories

  • Cost calculation activities determined by users with proper permissions

  • Flexible cost object activity definitions

  • Activity costs traced to triggering cost objects

Cost Accounting Features and Functions
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