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By: Peter Poletti

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Budgeting and Cost Control Functions & Features

Budgeting and cost control functionality allows administrators to input and manage costs, develop budgets, and provide reports on the cost savings that budgeting and cost control provides.. Budgeting and Cost Control Functions & Features are an important module of the comprehensive ERP RFP Template for Discrete Manufacturing.

The ERP RFP template with Budgeting and Cost Control Functions & Features for ERP is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 3761 decision criteria. The ERP RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to ERP software vendors. It ensures for:

  • complete response from each ERP software vendor
  • deep and accurate evaluation of submitted ERP proposals
  • impartial side-by-side comparison of ERP solutions evaluated
  • rational and documented selection of the best matching ERP system

The ERP software comparison report can save you up to 90% of the time you would have otherwise spent comparing all the ERP solutions from scratch.

The Budgeting and Cost Control Functions & Features comprise the following elements:

  • Uses data on job, grade, position, and organizational levels to create budgets for employee costs

    Uses data on job, grade, position, and organizational levels to create budgets for employee costs, Budgeting and Cost Control Functions & Features
  • Calculates employee cost by headcount, status (such as full-time employment), or by user-defined variables

    Calculates employee cost by headcount, status (such as full-time employment), or by user-defined variables, Budgeting and Cost Control Functions & Features
  • Compares budgets against actual costs

    Compares budgets against actual costs, Budgeting and Cost Control Functions & Features
  • Multiple budget scenarios

    Multiple budget scenarios, Budgeting and Cost Control Functions & Features

TEC Advisor can save you up to 90% of the time you would have otherwise spent figuring out on your own which ERP solution is the best for your needs.

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Functions and Features