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By: Peter Poletti


Payroll Functions & Features

Payroll manages the portion of accounting that is related to salaries, wages, and bonuses for employees. The software must be able to support the following set of functionality: payroll profile for the employees, benefits and deductions, eligibility controls, user’s balances, tax deductions, as well as payroll calculations, processing of payments, check printing, check distribution, tax documentation, security and auditing, and automated timesheets.. Payroll Functions & Features are an important module of the comprehensive ERP RFP Template for Discrete Manufacturing.

The ERP RFP template with Payroll 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 Payroll Functions & Features comprise the following elements:

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