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By: Peter Poletti

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Management of Rewards Functions & Features

The management of rewards functionality provides the ability to enter, access, manipulate, and track information pertaining to employee rewards such as, salary, incentives, benefits, facilities, and services.. Management of Rewards Functions & Features are an important module of the comprehensive ERP RFP Template for Discrete Manufacturing.

The ERP RFP template with Management of Rewards 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 Management of Rewards Functions & Features comprise the following elements:

  • Adjustable rules for incentives or bonus plans

    Adjustable rules for incentives or bonus plans, Management of Rewards Functions & Features
  • Generates reports on the costs of rewards and incentives

    Generates reports on the costs of rewards and incentives, Management of Rewards Functions & Features
  • Manages and updates history of individual employee rewards and incentives

    Manages and updates history of individual employee rewards and incentives, Management of Rewards Functions & Features
  • Eligibility logic connects rewards and services to jobs, grades, organizations, and seniority

    Eligibility logic connects rewards and services to jobs, grades, organizations, and seniority, Management of Rewards Functions & Features
  • Compensation benefits automatically change based on reward rules

    Compensation benefits automatically change based on reward rules, Management of Rewards Functions & Features
  • Tracks and analyzes compensation and salary, by employee

    Tracks and analyzes compensation and salary, by employee, Management of Rewards 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