Everything You Need to Successfully Evaluate Analytics and BI Solutions
With dozens of analytics and business intelligence (ABI) solutions on the market, figuring out which is right one for your business is extremely difficult — not to mention stressful.
How do you prioritize your needs? What features should you look for? Which questions do you ask? And worst of all, what happens if you choose the wrong one?
This request for proposal (RFP) template is designed to alleviate the pressure by helping you efficiently navigate today’s overcrowded ABI landscape. Its structure and questions ensure you not only make the best decision for your unique business needs, but also select a solution at the forefront of ABI technology.
Save a fresh copy of this template for each vendor you aim to evaluate, and then follow the instructions. The template contains the following sections:
Background information – provide clear instructions for vendors to effectively minimize questions or hiccups during the evaluation process.
Evaluation criteria – give vendors the right details around your BI use cases, objectives, and requirements to maximize the impact and relevance of each response.
Category breakdown – meant to be removed prior to sending to vendors, this section explains the reasoning and strategy behind each questionnaire category.
Technical questionnaire – a series of more than 100 questions for vendors to answer, broken down across more than 10 key categories.