If you've ever been involved in selecting a business software solution, you know how tricky it can be. Today’s software systems are quite complex, and it can be very difficult to tell which vendor has the solution best suited for the special needs and business processes of your organization. One way to help avoid making a bad choice is to have a complete list of software functions to refer to.
Let's say you're going to be choosing a new ERP system. With a list in hand of all the functions an ERP system can perform, you could flag all the functions your organization requires, prioritize them, and then submit them to vendors to see if, and how well, each vendor supports them.
Creating this prioritized list of functional requirements and submitting it to vendors would not only help make sure that no functionalities important to your organization are forgotten or overlooked, it would also help you eliminate those vendors who don't support, or only poorly support, the functionalities your organization requires. You would be taking a giant step toward making sure you don't end up with a software system that isn't designed to do what you want it to.
Where can you get a complete list of software functions for all the major types of business solutions (ERP, CRM, accounting, content management, HR, SCM etc)? They’re available at TEC. We list them as RFP templates, but they're more precisely comprehensive, detailed lists of software functionalities. For example, the discrete ERP version lists, in a hierarchical structure, about 3,600 different functions ERP systems can perform, the CRM version lists about 1,350 different CRM functions, the business intelligence version lists about 1,950 BI functions, and so on. We have them available for over 24 different kinds of business software.
If you want to see what they look like and find out some more about them, here’s a link you can follow. If you’ve used TEC’s RFP templates before and want to share how they helped you through the selection process, I’d like to hear from you. And if you have any questions or comments, please let me know.