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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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A/P Transactions and Controls Features and Functions



  • Online entry for all A/P transactions, including EDI entry

  • All A/P transactions updated in real time

  • Selected transactions on deferred batch

  • Checks online batch total or voucher balances

  • Validates vendor invoices to avoid duplication

  • Deletes inactive vendor after a user-defined period

  • Corrects distribution errors online without having to reenter or reverse entries and transactions

Accounts Payable (A/P) Features and Functions
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