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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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Tools for Planning, Budgeting, and Forecasting Features and Functions



  • Provides event-based planning process

  • Uses web infrastructure for data entry, analysis, and real time updates

  • Users can define business rules and assumptions

  • Users can add supporting plan details and drill down

  • Reporting on variances and change plans in real time

  • Creates what-if scenarios

  • Analyzes allocated costs and revenue

  • Users can approve the budget from any state

  • View history information on a planning unit

  • Supports multidimensional budgeting models

  • Uses built-in audit trails report

  • Supports activity-based budgeting

  • Allows project and capital planning

  • Provides compensation planning

  • Users can monitor revenues, expenses, cash flow, budget variances, and other financial metrics

  • Produces revenues and forecasts reports

Finance Analytics Features and Functions
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