The funnel-based Selection of Third-Party Solutions is an Industry Standard – right from Market Scan, RFI, RFP based on Shortlisting based Customer Expectations, Finalizing the Vendor Solution and Contract & Licensing negotiations.
Our Key Guiding principles, in addition to the standard ones, are
- Inclusive selection process – all key stakeholders are active participants in the process (so the team does not feel later that a decision is thrown at them, for use)
- Business Scenario & Flow based Assessment of Platforms (through well-defined demo scripts), specific to the Customer needs/expectations – easier to compare and validate assumptions
- Focus on maximum use of out of box capabilities of the Platform – easier to implement & maintain
- Deeper assessment of Costs associated with Licensing and Implementation – focus on hidden/unknown costs (One of the primary issues faced by the Customers – budgets vs. actuals)
- Vendor Assessment from two dimensions – How important are we to them and how fit both are culturally to each other
- Support for planning right governance and right scoping for value (our service concludes with detailed, phase-wise, Implementation Planning – scope, timelines, resources, dependencies etc)
Our key value asset – our deep domain expertise, experience of working with multiple Enterprise Platforms and assessment of several platforms from Vendor Selection perspective in the Global Market