July 20, 2015
Recently, I wrote about the Sierra-Cedar HR Systems Survey, and how that survey helped me to get multi-million dollar funding for new HCM technology. While I was writing that entry, it made me think of the next step of the HCM buying process: vendor selection. In one of my previous roles, I was tasked with evaluating the current technology in place, then providing strategic direction of what to do with our existing HR technology - and how it would benefit our to-be designed HR Shared Services organization. Once I could prove the most cost-effective long-term strategy for the firm was a rip-and-replace of old for new, I then set my focus on building out our requirements and the vendor selection strategy. I’ve never been a fan of large RFPs that basically allow the vendor to tick boxes,…
The HCM Buying Process – Vendor Selection Strategy
July 20, 2015
Recently, I wrote about the Sierra-Cedar HR Systems Survey, and how that survey helped me to get multi-million dollar funding for new HCM technology. While I was writing that entry, it made me think of the next step of the HCM buying process: vendor selection. In one of my previous roles, I was tasked with evaluating the current technology in place, then providing strategic direction of what to do with our existing HR technology - and how it would benefit our to-be designed HR Shared Services organization. Once I could prove the most cost-effective long-term strategy for the firm was a rip-and-replace of old for new, I then set my focus on building out our requirements and the vendor selection strategy. I’ve never been a fan of large RFPs that basically allow the vendor to tick boxes,…