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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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Tracks Assets by Company Features and Functions



  • Description

  • PO number

  • Invoice number

  • Project number

  • Grant number

  • Serial number

  • Last date verified

  • Fund

  • Funding source

  • GL account number

  • Category

  • Function

  • Custodian (individual or department)

  • License plate number

  • ID or VIN number

  • Acquisition date

  • Cost

  • Useful life

  • Make or model of vehicle or other items

  • Multiple user-defined fields

  • Tracks asset numbers and types

  • Tracks asset tag and serial numbers

  • Tracks asset locations

  • Assets can be tracked by asset number, description, type, tag number, location, PO, invoice number, or lease

  • Tracks information on leased assets

  • Tracks leased assets and intangible assets

  • Tracks non-depreciating assets, such as expensed items or land

  • Improvements made to the fixed asset

  • Vendor

Records for Fixed Assets Features and Functions
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