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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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Basic Project Management Features and Functions



  • Multilevel pegging for materials, inventory, and manufacturing activities

  • Transaction tracking by project with online audit trail

  • Automatically provides full multilevel pegging

  • Calculates net requirements for projects and contracts (netting logic)

  • Material demand rule that allows material to be issued to a project only if that material is in supply

  • Issues alterts to reassign surplus or reassign, reclaim, or recycle residual material

  • Reports project material plan status by project components

  • What-if modeling for bottleneck resolution

  • Time-phasing is used to create and compare project plans with master planning schedule

  • Material plan identifies cost collection points

  • Allows contract-specific requirements

  • Project-specific order planning

  • Sends rescheduling notification to planner

  • Consolidates POs within specified project groupings

  • Supply-demand relationship table that defines control IDs

  • Uses a supply-demand relationship table to issue more than one ID to material

  • When material is moved from one project to another, the cost of the material is also transferred

  • Assigns an ID when an order for material is received

  • Reassigns material to other operations or projects

  • Tracks and dates borrowed material and charges it to the borrowing contract

  • Uses control IDs to identify transactions such as receipts, issues, adjustments (including physical count adjustments), material assignments

  • Documents and provides an audit trail of inventory movement, by project

Project Management Features and Functions
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