The Ultimate Software Vendor Evaluation Guide for Total Software Dummies

The Ultimate Software Vendor Evaluation Guide for Total Software Dummies

So, you're thinking about buying some fancy software, huh? You might be tempted to just close your eyes, pick something random, and hope for the best. Well, I hate to break it to you, but software isn't like picking a mystery box on a game show. You need a strategy, my friend! Otherwise, you might as well throw your money into a pit and set it on fire.

But don't worry, I've got your back. In this guide, we'll dive deep into the mystical world of software evaluation, where unicorns are real, and spreadsheets are your best friends.

Chapter 1: The Shocking Importance of Software Evaluation

You might be thinking, "How hard can it be to pick software?" Well, my friend, it's not as easy as ordering a pizza. You see, software is like a long-term relationship. You wouldn't just marry the first person you meet, right? So, don't rush into a software commitment without some serious thought.

Here are some things you should consider:

  1. Your Business Needs: You're unique, just like everyone else. So, figure out what your business actually needs. A hair salon doesn't need rocket science software, and NASA doesn't need appointment booking software (unless they're planning some out-of-this-world haircuts).
  2. Vendor Product Lines: Some vendors have more products than a squirrel has nuts. Do they have the right nuts for your business? Or are they offering you walnuts when you need cashews?
  3. Future Tech: Crystal balls might be out of stock, but you can still try to predict the future. Software is an investment, so look for vendors who aren't stuck in the Stone Age. You don't want your software to be older than your grandma's knitting skills.

Chapter 2: The Software Characteristics Game

Now that you know why software evaluation is the real deal, let's talk about what to evaluate.

Functionality: This is where the magic happens. Some software has more tricks up its sleeve than a magician at a kid's birthday party. Look for general functionality like AI and speed (faster than a caffeinated cheetah) and specific functionality like payroll management (because paying your employees is kind of important).

Training and Support: You know how you need a GPS to find your way out of a corn maze? Well, software can be just as confusing. Make sure your vendor offers training and support, or you'll be lost in a digital labyrinth.

Deployment: Are you team "Do it yourself" or team "Let someone else handle it"? On-premise is like DIY, and cloud-based is like ordering takeout. Pick your poison wisely.

Hardware and Mobility: It's the 21st century, baby! Your software should be as mobile as your favorite pair of sneakers. Can it run on your operating system? Is it mobile-friendly? And does it talk to your fridge? Because, you never know when your refrigerator might need to schedule a meeting.

Chapter 3: The Price is Right... Or Is It?

You've made it this far, and now it's time to talk money. Brace yourself!

Pricing Models: There are two main flavors here - perpetual license (pay once and it's yours forever, like a vintage vinyl record) and subscription (pay regularly, like your daily caffeine fix). Choose wisely, or your budget might start resembling Swiss cheese.

Number of Users: Are you a one-person show or a circus with ten clowns? The number of users can affect the price, so don't pay for more seats than your software circus tent can hold.

Cost Types: Upfront, recurring, and avoided costs are the three musketeers of expenses. Upfront is what you pay when you first dip your toe into the software pool. Recurring is like that pesky monthly gym membership, and avoided costs are the sweet savings you get from using the software efficiently.

Now, armed with this humorous guide, you're ready to tackle the software evaluation maze. Just remember, picking software is like choosing a pet – it'll be with you for a while, so make sure it's one you can live with. And if you ever need a laugh or some guidance, ?book a call: Click here . We're here to help, with a side of humor!

Rivo RANDRIAMANANJARA

Head of Procurement at Candriam

10 个月

So this is more about software evaluation rather than software vendors, isn't it? If it was about evaluating software vendors (as the title reads) then I would also pay attention to vendors' profiles, business ethics and practices, customer references and what user groups say.

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