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Request For Proposal (RFP) for Software Requirements

What is included in a request for proposal (RFP)? How do companies use an RFP when sourcing software? When evaluating vendor software offerings, what key factors will help your organization determine the best software to purchase? Why are these factors important?

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A request for proposal includes information, which informs suppliers that the organization is looking to procure specific product (software in this case). The details for the product are specified, details about the supplier's organization and its' history as well as financial information, technical capability, estimated delivery/completion of the product, and stock availability. In addition, references are included from ...

Solution Summary

This solution outlines what is included in a Request for Proposal for software, how companies use a RFP, which factors will help the organization determine the best software to purchase, and why these factors are important. It includes links and examples.