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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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Maintains vendor data for requisitioning Features and Functions



  • Receives, records, and tabulates bids

  • Deletes or deactivates vendor from vendor listing by date with reason

  • Stock reordering to default to the primary vendor for the ordered item

  • Creates and maintains comprehensive centralized active and inactive vendor master files

  • Maintains pricing information, quantity breaks, freight terms and shipping information for each vendor

  • Retrieves vendor information automatically

  • Searches vendor files from within purchasing processes (i.e., requisition and purchase order)

  • Merges vendor records to ensure that duplicate entries are controlled

  • Enters bid process directly from requisitions flagged by monetary value

Requisitions and Purchasing Features and Functions
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