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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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Transaction Processing (General) Features and Functions

This series of questions lists some of the factors related to the management of data in the general ledger (GL).

  • Import batch from outside application

  • Input G/L account segments in separate fields

  • Define default segment combinations

  • Cursor skips over default segments

  • Checks validity of batches from sub-modules

  • Holds invalid sub-module batch in G/L as unposted

  • Post one-sided journal entry by password

  • User defined journals

  • Automatic journal entry numbering

  • Number each journal entry line

  • Line item reference numbers

  • Journal entry templates

  • Recurring journal entries each month

  • User defined cycles for recurring transactions

  • Automatic reversing journal entries

  • Real time reversing entries

  • User defined reversing period

  • Generates balancing entry automatically

  • Distribute costs by user defined formulas

  • Running total of debits and credits

  • Validates posting date

  • Provisional posting

  • Post to prior periods

  • Post to future periods in same fiscal year

  • Post to future periods in future fiscal year

  • Post to multiple fiscal periods in same batch

  • Full bank reconciliation functions

  • Full treasury management functions

  • Full cash management functions

Transaction Processing Features and Functions
Use this index to search for white papers related to commonly used search terms A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others 
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