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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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Asset Tracking Features and Functions



  • Users can charge time and materials directly to an asset

  • Assets can be identified as trackable?

  • When assets are tracked, user can define status

  • Assets can be identified as repairable

  • Assets can be identified as requiring inspection or other QC procedure

  • Assets can be identified as requiring lot management

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

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

  • Users can track costs for multiple lives of an asset (eg, after rebuild), or total across all lives

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

  • Users can assign an average repair cost to an asset

  • Equipment costs can be tracked by user-defined statistics

  • Equipment Insulation

Equipment History Features and Functions
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