Choosing the right solution for your business can be a daunting task given the number of software vendors on the market today - ICit only recommend the best in class vendors and help you understand why

1 Requirements definition

The needs of your business are defined. This forms the basis of your search criteria for the right software and service provider.

2 Choose potential suppliers

Most businesses refer to recognised industry commentators such as Gartner or Forrester to narrow down the list of vendors.

3 Request for Information (RFI)

You may decide to issue an RFI. In addition to your business requirements, an RFI also includes the supplier's experience, references and reputation.

4 Product Demonstration

Using the RFI responses, you choose a shortlist and invite suppliers to demonstrate their solutions and implementation approach.

5 Proof of Concept (POC)

A Proof of Concept is conducted using your sample data and process, focusing on a specific use case (requirement) to help you make the right decision.

6 Scoping Workshop

A detailed scoping session with key project team members and stakeholders. A high-level project plan including costs, resources, timelines & deliverables is produced.

Proof of Concept (POC)

Whilst all the stages are necessary for choosing a solution, the “make or break” stage is usually the POC. We pride ourselves on our excellent product and domain knowledge, providing clients with a highly personalised experience to match business requirements. A typical POC requires 1-2 days to produce a working prototype model for your appraisal.  We take a sample of data and work with you to show how you can build the solution yourself, with training. We also offer Extended POCs (EPOCs) for clients that have a more challenging set of requirements and a broader scope.

Presenting the Business Case

After the scoping workshop, you should have all the necessary information to form the basis of the business case.  This will include; pricing, project plan, implementation approach, IT security, references and further due diligence information as required. The business case you present to your stakeholders should cite the preferred solution and an alternative. Now it’s time to make your case.

Ready to find out more?

Here at ICit, we have helped many businesses around the UK to select and implement a range of Financial Planning & Accounting software.  Book your POC with us.

Find out more about the Software Solutions we offer and our Consultancy Services.

Who we’ve done this for

“The consolidation of the figures is now completely automated, and creates total confidence in the numbers”

Charles Stanley

Head of Decision Support

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