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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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Payroll and Invoicing Features and Functions



  • Timecard entry

  • Timecard approval

  • Interface for payroll process of approved timecards

  • Sends invoices to clients for approved timecards

  • Payment submission for staffing firm for all approved timecards

  • Approval, e-mail, and audit of timecards

  • Editing of timecards (with proper authorization)

  • Provides automatic alerts when timecards are missing

  • Customer access to spend reports

  • Payment approval of invoices

  • Consolidated client invoicing

  • Configurable approval routing using hierarchical groups

  • Tracks non-billable time

  • End-to-end invoicing automation

  • Transactions in multiple currencies

  • Creates invoice by fixed-fee deliverable or milestone payments

  • Creates invoice for materials or equipment

  • Creates invoice for background checks

  • Automatic creation of invoices based on identified rules

  • Create express reports

  • Automatic expense approvals

  • Consolidated electronic invoicing

  • Automated volume rebate calculation and application

  • Automated early pay discount calculation and application

  • Rate intelligence data that is accessible to users

  • Electronic audit support

Contingent Labor Procurement Features and Functions
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