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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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Compensation Calculations Features and Functions



Calculations



Statistics and Rankings



Agreements



Compensation Rates and Tables



Market Pricing

Market pricing functionality is used to accept data points from a variety of sources such as a survey company electronic feed, data entry input template, and company new hire rates. It aggregates the data and calculates market rates.

Payee Sub-ledger

A sub-ledger contains detailed transactions, such as invoices, corporate debt, and purchase orders (PO).

Payout Measures



Compensation Management Features and Functions
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