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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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Profile for Employee Benefit Plan Features and Functions

The profile for employee benefit plan includes information that is pertinent to an employees' benefits including (date of birth/age, smoker/non-smoker, marital status, dependants, salary, etc.) When/if any one of these details changes, it may affect the current benefits that the employee receives (e.g., life insurance amount).

  • Defines benefits waiting periods

  • Type or amount of benefit coverage per employee

  • User-defined rate adjustments based on service requirements and rules

  • Creates rules for maximum benefits to be paid and premiums to be collected

  • Assignment of Employee in the Organizarion

Benefits Features and Functions
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