1. Manage your people, processes and technology the right way, and you’ll sleep better at night.
2.Your goal should always be to get the maximum value for the lowest possible cost. To be assured that you are getting the best deal, you need to ask for more than one bid.
3.Bringing in your shortlisted vendors and having them demo their proposed new technology solutions is the most important step in the vendor selection process. Demos give you an opportunity to see whether a proposed solution will work and make sure it can be integrated into your broader technology ecosystem.
