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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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Financial Management, Budgeting, and Costing Features and Functions

Financial management systems in a professional services automation (PSA) solution automate the tracking and submission of project budgets, costs, and assets. In addition, it provides the capability to track multiple billable details and generate customized invoices.

Budgeting and Transactions

Budgeting and transactions refer to the tracking of projects budgets and the comparison or analysis of actuals versus estimates.

Project Costing

Project costing functionality allows for the tracking of project expenditures, allocations, and costing adjustments.

Capital Assets

The placement, creation and calculation of capital assets in the context of a project.

Resource Sharing

Resource sharing in this context refers to the sharing of financial data across multiple resources.

PPM for Internal Departments Features and Functions
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