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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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Policies and Procedures Features and Functions



  • Data associated with departments according to organizational hierarchy

  • Different department segment views for supplier and payables information

  • A/P by department or cost center accounts

  • Approved vendor list for all department entities

  • Vendor restrictions according to department entity

  • Uses accrual basis accounting

  • Fields for data input may be determined by the user

  • Alternate methods of data entry such as scanning and light pens

  • EFT

  • Multiple banks and accounts

Accounts Payable (A/P) Features and Functions
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