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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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Reporting Format and Tools Features and Functions



  • Original budget

  • Authorized funds

  • Prior budget

  • Current budget

  • Commitments

  • Pending commitments (change orders in process)

  • Actuals

  • Estimate-to-complete

  • Retentions

  • User can define details for estimate-to-complete by attaching spreadsheets or freeform notes

  • Supports reporting of posted transactions, un-posted transactions, or both

  • Uses the cost coding structure to allow online drill-downs from summary to detail; drills-through to source transactions and related documents and images, including estimates and supporting detail, contracts and change orders (actual and pending commitments), and invoices (actuals)

  • Permits inter-project comparisons at the user-defined level of detail

  • Provides an online query tool or direct link to query tool, and real-time spreadsheet interface (specifies spreadsheets, i.e. Lotus or Excel)

Project Accounting Features and Functions
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