Build vs. Buy Analysis: Which Is Right for Your Organization?

Olive helps your organization collaborate on Build vs. Buy evaluations. Enterprises can use Olive cross-functionally to evaluate business needs collaboratively and understand whether there is more value in building a software solution, choosing something off the shelf. In many cases, our customers discover they already have something that could work in-house.

Build vs Buy Assessment in Olive
how to select best-fit enterprise software

Software Build vs. Buy Decision Matrix Report

Olive Automates the calculation and provides a downloadable report you can share with executive management.

User-defined Requirement Responses

Using the “user-defined responses’ feature, Olive customers will be able to provide potential response options that will help them make buy vs. build decisions. When this decision is made, you can then continue the project to select the right service providers or solutions.

Olive features, such as standard requirement response options, automatically calculate the overall match for a solution/service provider based on the response selected.

Transparency on Olive platform: Changes and scores logged, Criteria Library
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Searching for Software Vendors with a Team

Vote, work together and collaborate with your team. 

Vendor selection is difficult, both internally with your own team – gathering requirements and aligning internally – and externally with vendors. Typically, organizations rely on spreadsheets, word docs, email and endless meetings to manage innovation. With Olive, you collaborate on these tasks in the platform.

Manage requirements illustration

Traditional RFP vs. Olive

With a typical RFP, RFI, or RFQ process, you send out a spreadsheet or document to a few vendors and hope for responses. With Olive, you can invite as many vendors as you want directly into the project. As they respond to your requirements and answer questions, you see the results and how well they score against your requirements and needs in real-time.

LMS evaluation RFP Template
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Create and Reuse RFP Templates

Easily create & reuse custom RFP templates. Preload with discovery questions, requirements, requirements, and surveys. Save vendor details and responses for future projects. Olive ensures that the good work you do, and all the information you collect from stakeholders and vendors is reusable to help you and your organization work together better, and move faster.

The New Standard in Enterprise Software Selection

Talk to us to learn more.