document management RFP preparationStep THREE - Evaluate the Vendor Responses

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       APES/INFORequestor provides a comprehensive set of facilities for evaluating vendor responses from both the Suitability for use and Financial perspectives at the detail level. Questions such as:

"Which response meets our manadatory requirements for the least cost?" or

"Which proposed system meets both our mandatory and nice-to-have requiremets with the LEAST RISK? or

"Which proposal offers the best solution to our operational needs with the least negative financial impact? or

"How would the proposed system be affected IF (something specific to you) happens in the FUTURE?

can now be answered quickly and accurately!

When a vendor's response is received via email, it can be merged into the central database very quickly with just a few mouse clicks, making it ready for:

SIDE-By-SIDE COMPARISON with other vendor responses at the feature (response item) level. Quickly identify which responses meet crucial requirements favorably!

WEIGHTED GRADE POINT SCORING using both a Priority Weight set and individual Response Item (vendor answer) Scores as defined by you to reflect your organizational needs. Compare vendor responses at the Detail Level by Procedural Category, or in convenient 3-D Bar Chart form.

FINANCIAL ANALYSIS using industry standards such as Internal Rate of Return (IRR), Present Value (PV), Net Present Value (NPV), Payback Period, and Profitability Index (PI). Quickly and easily compare the financial ratios for competing vendor proposals side-by-side in detail or summary 3-D Bar Chart form.



electronic RFP start

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