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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 Snapshots Features and Functions

Financial snapshots are a way to view the current financial situation of a company. There are any number of financial targets managers and owners should follow, one of which is the financial statements at the end of a fiscal period. Tracking daily sales or accounts receivable balances are two other benchmarks. This section determines whether a system provides a special screen or screens which are updated continuously (daily) by which users can track information of importance to them. Some systems offers a single set of financial snapshots. The most productive system should display any information that can be generated by any part of the system and there should be a separate screen for each user so that they can track what is of importance to them.

  • Display single set of financial snapshots

  • User defined financial snapshots

  • Create multiple user specific snapshots

  • Drill down to original transaction

  • Incorporate information from sub-modules

  • Display information graphically

Financial Statements Features and Functions
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