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Select the Right Software with TEC's RFP Template and Save Time & Money
Prioritize Software Features
Collaborate with teams to prioritize and highlight the software features important to your business needs.
Collaborate with Stakeholders
Engage your team in the requirements-gathering process to achieve consensus on the most important software features.
Share with Vendors
Distribute and efficiently communicate your requirements and expectations to potential vendors.
How to Use TEC's RFP Templates to solicit bids from qualified vendors
Selecting the right software for your business can take months of research, stakeholder feedback, and prioritization of your needs. But what if you had a document that covered all that and more? TEC's RFP Templates contain over 25,000 features and functions across 100+ different enterprise software categories, based on information we have on 1000+ vendors and 1500+ software products on the market.
Our RFP Templates are designed to solicit bids from qualified vendors and provide you with a comprehensive and data-driven document for your entire software evaluation and selection project. Use our templates to prepare RFIs and share them with vendors, compare their level of support for your software features, create demonstration scripts based on your business processes, confirm deliverables and negotiate better contract terms, and ensure that requirements and features have been implemented according to your business needs.
Technology Evaluation Centers’ (TEC’s) Technology Advisory Services (TAS) group harnesses nearly 30 years of experience helping organizations across many industries to research, evaluate, and select the best-fit enterprise software solution for their business needs. We follow a structured, data-driven approach that supports your evaluation and selection project at every step.
TEC’s proven, best-practice approach:
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Save time & money
Select your best-fit software.
Working with TEC was absolutely worth it. The value of not rushing through the process or skipping important details and of doing the selection thoroughly and properly was obvious: TEC walked us through the entire process and, in the end, this saved us both time and money.
—Mike Henderson, President of Diversified Metal Products
Enterprise transformation services
TEC experts analyze the set of systems your company uses to manage operations (including enterprise applications, add-ons, and manual and automated business processes) and then establish the target system architecture that meets both current and future IT requirements.
Project assessments
TEC experts assess a wide range of project management metrics that include enterprise project rescue, troubleshooting, risk assessment, realignment, and implementation readiness assessments.
Software evaluation and selection services
TAS experts gain a deep understanding of your organization’s business process requirements and provide you with a highly detailed functional and technical requirements set (FRS) that is used as the basis for your enterprise software project.
Software implementation oversight
TEC manages risks and challenges while keeping the implementation on track with in-depth oversight and monitoring services. We work hand in hand with not only your internal team but also the software implementers, providing continual updates for all levels of stakeholder interest.
Programs for consultants
We provide resources, data, and coaching, as well as access to our intellectual property to consultancies to help them deliver successful enterprise software selection projects with greater efficiency, transparency, and cost-effectiveness.
Interface Force Measurement
A Manufacturing ERP Case Study
Name: Interface
Industry: Manufacturing
Software Type: ERP
Flood Protection Authority
A Public Administration EAM Case Study
Name: Flood Protection Authority
Industry: Public Administration & Defense
Software Type: Asset Management
Innovaderm
A CRO ERP Case Study
Name: Innovaderm Research
Industry: Pharmaceutical
Software Type: ERP
HydraForce
A Manufacturing ERP Case Study
Name: HydraForce, Inc.
Industry: Manufacturing
Software Type: ERP
Genesco
A Retailer and Wholesaler HCM Case Study
Name: Genesco
Industry: Wholesale and Retail Trade
Software Type: HCM
The Different Stages of Digital Transformation
Covers all relevant decision factors—objective and subjective—including market data and comprehensive cost-benefit analysis
Keeps the selection project on time and budget
Creates a clear audit trail to your selection decision
Guides you on all aspects of the project, including change management and price negotiations
Vendor Demonstration Management
TEC brings a disciplined approach to managing demos, from developing scripts based on your key use cases and unique requirements, to moderating professional demos, to helping your team score and analyze the presentations.
RFP/RFQ Services
Going deeper with your shortlist of vendors, TEC’s request-for-proposal (RFP) and request-for-quotation (RFQ) services clarify all deliverables and their constituent costs, establishing the total cost of ownership (TCO) of the software solution for the next 3–5 years.
Quicker and Easier Software Comparisons with TEC
TEC’s software comparison matrix facilitates a rapid, accurate analysis of multiple enterprise solutions in fine detail. Our side-by-side comparison template allows you to select from almost 1,000 business software products in over 40 software categories, including ERP, CRM, HR, and BI. Instead of spending weeks or even months obtaining this report on your own, we’re able to provide results in a business day.
Enterprise software is one of the most complex types of investments that your business must evaluate before purchase and implementation. Our prepopulated charts accelerate the comparison process while ensuring a high level of accuracy, avoiding a painstaking, line-by-line analysis of thousands of features.
Benefits and Features of TEC’s Software Comparison Reports
Our comparison charts save considerable time, money, and effort when selecting a new solution. Each software comparison report template was built by our specialized industry analysts using real-world projects for our clients, and data sets collected from software vendors, reducing the time you need to spend on fulfilling due diligence during your search.
A single TEC software comparison report is the equivalent of doing months of research to form a base model of all the functionalities that an ERP, BI, or other system ought to have, plus the weeks or months of effort to get multiple vendors to fill out the resulting request for information (RFI).
Our software comparison matrix provides all of this in one simple step. You can edit a report to highlight your priorities and send copies to other vendors for completion. A comparison report can help you leap forward in your selection process.
What is TEC’s Software Comparison Chart?
TEC’s software comparison tool leverages our comprehensive database of features and functions within almost 1,000 business software solutions on the market. TEC’s expert industry analysts have been collecting info and updating our database during our projects with software vendors and end-users for over 25 years.
The resulting software comparison charts provide a highly detailed model of various business software types. When you select the vendor solutions you want to compare, the report reveals the level of support offered by each solution for every line item of functionality—for example, out-of-the-box support is usually better than third-party support.
Which Key Factors Are Covered in Our Software Comparison Charts?
TEC’s software comparison matrix includes all the standard features found in each enterprise software category. Typically, each category includes thousands of features, organized into modules and sub-modules that reflect how business processes work within the software. For example, in an ERP solution, you will find modules for financials, human resources, sales management, and more.
Our software comparison charts contain every module and all subcategories of functionality that comprise solution categories. Selecting enterprise software is often complex, but our comparison reports are designed to make an apples-to-apples evaluation of multiple solutions manageable, without sacrificing depth and precision.
By using TEC's RFP Templates, you can save valuable time and resources, expedite your software selection project, and increase your chances of finding the best-fit software for your organization. Our templates are customizable, shareable, and will help you validate your business requirements faster and potentially get more comprehensive bids. Plus, you'll quickly be able to identify which vendors to keep in the running and which to eliminate from your selection project.
Don't waste your time and effort building an RFP template from scratch. Use TEC's RFP Templates to take your software selection project to the next level. Experience the benefits of our data-driven and comprehensive templates today.
This brief video explains the value and benefits of using our software RFP Templates in helping you select the right software for your company's needs.