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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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Rotable Asset Tracking Features and Functions



  • Users can charge time and materials directly to an asset

  • Rotable assets can be identified as trackable

  • When rotable assets are tracked, users can define status

  • Rotable assets can be identified as repairable

  • Rotable assets can be identified as requiring inspection or other QC procedure

  • Users can track item move history for each location following multiple transfers between sites

  • Move history shows move date, from/to location, from/to parent, WO/PO numbers, and move cost

  • Users can track costs for multiple lives of a rotable asset (e.g., after rebuild), or total across all lives

  • Users can optionally track the actual repaired value for an rotable asset or depreciated/appreciated value

  • Users can assign an average repair cost to an rotable asset

  • Rotable asset maintenance costs can be tracked by user-defined statistics

Equipment History Features and Functions
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