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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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User Balances Features and Functions

This user balances functionality allows administrators to define opening balances for earnings, deductions, and tax deductions for each employee within the enterprise. User balances can be defined in various units of measure such as, currency, hours, or integers. In deductions where there is a cap amount, the system will automatically stop the deduction once it has reached the defined user balance.

  • Uses legislative balances in user-defined calculations and analysis

  • Creates extra, open balance items which can be defined by the user

  • Calculates balances over any time period

  • Track balances

  • Online updating of account balances

Compensation Management Features and Functions
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