Optimize Vendor Software ROI

Six Actions to Optimize Your Vendor Software Decision

Accelerate

Promote an agile mindset and interactive, collaborative process guided by vital need briefs for a more timely decision.

Focus on Vital Needs

Identify vital needs and the most viable vendors. Leverage AI and the Internet to source and filter critical information.

Validate

Target peer organizations that use a vendor's solution. Validate their vendor experiences using site visits.

Streamline

Remove your Procurement organization as the communication intermediary with vendors. Heresy, I know 🙂.

Engage

Engage in dialogue directly with vendors. Share the most vital decision-related factors with them.

Partner

Use a partner-driven approach that compresses the process into an intensive 3-day onsite evaluation

Key Criteria for Selecting Vendor Software

Capability

Consider the scalability, integration capabilities, and support services different software vendors offer.

Software

Test drive the user interface, configuration options, and overall user experience to ensure it aligns with vital requirements.

Security

Assess the security features, compliance standards, and data protection protocols each vendor provides.

Value

Comparing the total cost of ownership, licensing models, and potential return on investment is crucial.

Effective Vendor Software Selection Strategies

Conduct thorough research. Use differentiating methods and seek peer recommendations, vendor customer reviews, hands-on software experience, and case studies to gauge the vendor's reputation, track record, and capabilities. Look for a reliable track record, scalability, configurability, service commitment, seamless integration, and compatibility with your existing systems.

Focus on Vital Needs

Think 80/20

Establish Vendor Minimums

Think Post Implementation

Invest in Your Employees

Our Playbook Delivers Unparalleled Value

Explode out of the blocks on your software evaluation and selection project. Our Playbook incorporates vendor software evaluation and selection best practices.

Save 500+ hours by leveraging 70+ templates, content guides, and digital assets in our Playbook.

The playbook is 100% customizable. Use it as a pre-built collection of best practice templates, content guides, and digital assets to jumpstart your project. Best of all, tailor it to your specific needs.

Our Playbook Incorporates Experienced Knowhow in Optimizing the Vendor Software Selection Process

Vendor Assessments

300+

Projects

600+

Industries

17+

Organizations

150+

Faq

Why Choose Our Playbook?

Why spend valuable hours creating template deliverables and content frameworks when you can save over 500 hours using these pre-built, 100% customizable templates, content guides, and digital assets? It's an innovative, efficient choice to make your project more productive.

What is the Value Proposition?

This Playbook is not just an incredible investment; it's a game-changer for your professional career. It would take 500+ hours to recreate the templates, content guides, and digital assets included in the Playbook. At a ridiculously low price of $38, this offer equates to a 65,000% ROI using a labor rate of $50/hr and a one-year investment period.

But Wait, There's More to the Value Proposition.

Our Playbook templates, content guides, and digital assets incorporate decades of management consulting, industry, and best practice experience. The methods and practices in the Playbook are similar to those used by leading management consulting firms such as McKinsey & Co., Big 4, and Accenture. Choose which templates, content guides, and digital assets to use for your project. Our Playbook provides flexibility to scale up or down the intensity of your due diligence. This adaptability ensures that the Playbook is suitable for various organizations, from entrepreneurial to Fortune 500, giving you control and confidence to make the best vendor selection decision based on your specific needs.

Master the vendor software selection process. Engage and influence software selection projects as a senior leader, sponsor, business professional or stakeholder.

What Do I Receive?

Excel Playbook -- fully customizable. It's delivered unlocked, allowing you to tailor each template, content guide, and digital asset to your unique needs. No installation required, ready to use. Does not include any VBA code or macros.

Note: you’ll need Microsoft Excel on your computer. This may seem too obvious. Sometimes people may think our templates run as “stand-alone” products. We provide Excel templates which need Excel to run.

Playbook user documentation is accessible on this website -- always updated and current.

Works both on Mac and Windows that use current or recent OS versions.

For any other questions, contact us. We're always here to help you.

Solution Selection

Mastering the Vendor Software Selection Process

Vendor Evaluation

Software Decision

Six Actions to Optimize Your Vendor Software Decision

Accelerate

Focus on Vital Needs

Validate

Streamline

Engage

Partner

Key Criteria for Selecting Vendor Software

Capability

Software

Security

Value

Effective Vendor Software Selection Strategies

Make legal better -- dialogue on contract matters in parallel with assessing vendor options

Focus on vital needs -- avoid getting bogged down on non-valued added activities and details

Ask the right questions in the right way

Assemble the right team -- accelerate benefits using focused, cross-functional teams

Measure and score to the extent possible -- every interaction counts

Engage directly with potential vendors -- minimize RFPs and intermediaries, such as Procurement, that often consume time and create obfuscation

Streamline vendor screening and selection processes

Focus on the few decision factors that matter most

Leverage expert insights and modern methods to accelerate the process

Shift your mindset from buying software to buying a business process

Shift from commodity to differentiating partner relationships

Minimize bias and avoid conflict of interest

Additional Insights & Tips

Focus on Vital Needs

Think 80/20

Establish Vendor Minimums

Think Post Implementation

Invest in Your Employees

Our Playbook Delivers Unparalleled Value

Our Playbook Incorporates Experienced Knowhow in Optimizing the Vendor Software Selection Process

Vendor Assessments

300+

Projects

600+

Industries

17+

Organizations

150+

Vendor Software Evaluation Best Practices

Faq

Enhance Your Career