Enterprise software selection is currently a nightmare, but it doesn’t have to be. Streamline the process without sacrificing due diligence. Here’s how.
Lead the Search with Your Business Needs, Not Reviews!
At Olive, we believe in leading the search for new enterprise technology solutions with the business needs, and evaluating all solutions against those needs. Unfortunately finding gathering and ranking these needs (or requirements) collaboratively with the organization can be a huge nightmare. The traditional waterfall process of determining needs and comparing them to available solutions has been made even more difficult by remote and hybrid working. Getting pains out of stakeholders in a room was tough enough before the pandemic, and now managing the process in spreadsheets remotely has made a nightmarish process even tougher.
Skipping over this due diligence and going straight to only evaluating a few recommended solutions never ends well. More often than not, companies don’t have the internal ability, funds, or time to manage a full-scale evaluation process.
We know that finding best-fit technology solutions in collaboration with key stakeholders and end users is key to driving digital transformation. So shortcutting this process and going straight to a few “well-known” vendors or top-reviewed vendors can result in failed digital transformations. It’s risky! That’s why investing in some help can pay off in the long run.
Because the process of evaluating solutions is so long, convoluted, and riddled with bias, many companies skip this step and end up paying for it down the line. Failure to invest the time and diligence required in collaborating with your stakeholders to determine business needs can lead to choosing the wrong solution, low user adoption rates, the software costing much more than planned, or the solution becoming a piece of shelfware. Worst case scenario, it could cost the lead decision maker their job.
The traditional enterprise software selection process can range between 6 and 18 months, and span over multiple IT project phases. With so many software solution vendors on the market (over 300 in some cases) manually looking at how all vendors meet your needs, is simply impossible. Filtering through the BS Marketing and Sales to get to what these vendors actually do, and objectively comparing each one to your business needs takes months to do manually, yet up to now, this has been the only way to make the right choice. Olive is setting out to change this, becoming the first software evaluation platform that is efficient and free of bias, automating the manual process of finding the best-fit technology that will drive transformation in your organization.
ERP Software Selection in Olive
Enterprise Software Selection in Olive – Find Best-fit Solutions that Innovate
Olive’s software selection platform helps enterprise technology buyers shorten time to market x3 without sacrificing any due diligence. Olive gives teams visibility into company-wide needs and filters all vendors in the space by those needs – reducing the time, effort, risk, and cost of technology evaluations. The platform walks you through developing surveys to gather your business requirements, allowing you to discover and rank the true needs of the business. Olive then compares and shortlists these solutions based on how well they meet these specific business needs.
Due to the tedious nature of technology evaluations, they can often be avoided or shortened, or only a handful of solutions evaluated by grabbing them from review engines, google search results, recommendations etc. However – By doing your due diligence and getting support to properly evaluate 100% of the solutions available against your unique business needs, you’ll have the confidence to stand by your decision, knowing you have the best-fit enterprise solution available for your organization’s unique needs.