Software Implementation Success is DEFINED in the Selection Process
A formal software and vendor selection ensures you pick the right solution and right partner.
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Up to 75% of ERP software projects fail to meet their objectives.
(Gartner)
![](https://staging.netatwork.com/wp-content/uploads/2024/02/iso-bad-strategies.png)
Picking the wrong solutions, and picking the wrong vendors are some of the leading causes of failure.
Our Approach
We have developed a specialized methodology tailored for business application software selections. Whether you are selecting an ERP, CRM, WMS, SCM, POS, HRMS or another solution, our structured approach ensures a thorough and effective process, providing clarity and confidence in every step of the selection journey.
Detail Requirements
6 weeks
Document organization’s future requirements:
- Focus on defining requirements for where the business is going,
not where it is - Gather requirements based on people needs, process needs, and technology needs
- Rank requirements by criticality
- Develop the business case with ROI expectations
Deliverables:
- Solution Requirement Documentation
- Vendor Requirement Documentation
- Business Case with ROI
Elicit Proposals
3 weeks
Create RFP and Contact Vendors
- Identify and compile a list of potential vendors who will receive RFP
- Distribute RFP
- Provide vendor briefings and clarify RFP
- Review proposals and shortlist candidates
Deliverables:
- Request for Proposal (RFP)
- Vendor Shortlist
Facilitate Demos
8 weeks
Select vendors for software demonstrations and attend demonstrations:
- Create real-world scenarios and use cases that reflect your organization’s business processes
- Key stakeholders and end-users attend, filling out vendor scorecard
- Contact references provided by the vendors to learn about their experiences with the software solution and the vendor’s support and service
Deliverables:
- Software & Vendor Assessment Scorecard
- Reference Scorecards
Investigate Options
2 weeks
Evaluate vendors against requirements and provide selection recommendation
- Aggregate software and vendor scorecard results from key stakeholders and end-users
- Provide a written recommendation for best path forward based on results
Deliverables:
- Software Scorecard Results
- Vendor Scorecard Results
- Reference Scorecard Results
- Executive summary with software and vendor recommendation
Negotiate
3 weeks
Review and negotiate contracts:
- Provide insight on typical negotiable terms
- Improve negotiation outcomes
- Ensure data protection and compliance
- Understand risk exposure
- Ensure that the scope and services cover the needs
Deliverables:
- Redlined Professional Services Statement of Work (SOW)
- Redlined Master Services Agreement (MSA)
- Redlined Software Licensing & Maintenance Order
Execute Contracts
1 week
Review and negotiate contracts:
- Sign contracts
- Align on next steps with vendor
- Transition to engagement team
- Inform vendors who were not selected
- Start planning for the software implementation phase
Deliverables:
- Signed contracts
- Risk Assessment
WHY CHOOSE NET AT WORK
Net at Workโs Fractional CIO & Advisory group offers specialized software and vendor selection services. Our aim is to guide organizations in choosing solutions that digitize operations, streamline processes, and bolster employee capabilities using cutting-edge technology and automation tools. Recognizing the significance of building for the future, many organizations opt for a formal software and vendor selection process.
When selecting a major business application like an ERP solution, itโs crucial to anticipate the long-term impact, as these solutions will likely be utilized well beyond 2040. Partnering with Net at Work ensures that your organization is equipped to make a judicious choice, aligning the solution with your strategic goals and future needs.
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