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An ERP Vendor Selection Process Leads to Significant Savings
Client Overview
A $15M K through high school educational provider.
Deployed Capabilities
Transformation
$100K Savings
Employed an objective RFI and evaluation process that realized immediate savings while meeting long-term objectives.
Enhanced Reporting
The cloud-based system enhanced reporting while reducing complexity and timing.
Seamless Migration
Seamlessly migrating from the current system to the secure cloud-based ERP system eliminated business disruption.
The
Challenge
Our client engaged us to evaluate potential ERP vendor candidates. Their current ten-year-old system did not provide the features and functional reporting necessary to make sound business decisions. They required a vendor that would not only meet their technical, administrative, and business needs but could provide a school-wide cloud-based solution.
The
Custom
Solution
Sirius Solutions facilitated our client’s vendor assessment and selection process. At the onset, our client had unanimously selected a front-runner, so our first step in the ERP vendor assessment and selection process was leveling the playing field for three primary target vendors. Our objective, independent approach evaluated each vendor candidate using a standard set of critical business criteria. We immediately created an RFI (Request for Information) and an RFI evaluation form detailing our client’s primary objectives, emphasizing data security and data migration from the current system. In addition to undertaking this objective assessment, Sirius Solutions’ team interpreted each vendor’s technical language into our client’s business language, enabling them to clearly discern each vendor’s product benefits and ability to meet our client’s specific business needs. By employing Sirius Solutions, our client viewed each vendor’s offering objectively. Once the process was completed, our client unanimously selected our objectively chosen candidate, with their initial front-runner ranked third.
The
Impactful
Results
Sirius Solutions’ involvement in our client’s ERP vendor assessment and selection process facilitated an objective vendor comparison to address our client’s technical, business, and administrative needs, which yielded significant results.
- Immediate cost savings of $100K.
- Improved data security.
- Successful data migration from the current system to the new cloud-based system.
- Enhanced reporting functionality.
- Reduced reporting complexity and timing.
This RFI and selection process resulted in an ERP system best suited to meet our client’s long-term technical, administrative, and business objectives.
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