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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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Online Inquiry Reporting Features and Functions



  • Current period and balance activity

  • Account activity and balances for current period available online

  • Account activity and balances for current year available online

  • Account balance for previous year available online

  • Amount designated for a planned project available online

  • Compares actual operation results to the planned budget, online

  • Compares current year to previous year or years

  • Standard account inquiry that drills down to the source of the transaction in real time and extracts data; also includes analyses fields

  • Query on detailed G/L journal information and the original sub-ledger

  • Online drill down queries include summary and detail specific accounts, journal entry reviews, payable invoices, funds available, and variance calculations

General Ledger Features and Functions
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