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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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JIB Distribution Suspense Features and Functions

Joint interest billing (JIB).

  • Handles invoice processing or payment when GWI DOI is unknown

  • Provides notification of unbilled JIB gross expenses

  • Provides notification of unbilled JIB gross expenses by state

  • Provides notification of unbilled JIB gross expenses by county

  • Provides notification of unbilled JIB gross expenses by property

  • Uses aged reporting tools to monitor any unbilled JIB gross expenses (summary level - dist susp $'s by period end, less summarized - dist susp $'s by state / county by period end, detailed - dist susp $'s by state / county by property, detailed - dist susp $'s by state / county by property by period end by all source entries)

  • Provides notification to specified users of unbilled capital dollars

  • Monitors release of distribution expense dollars during monthly close cycle

Joint Interest Billing Features and Functions
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