Actualize Consulting
  • Home
  • Areas of Expertise ▼
    • Market Trends
    • Infusion Programs ▼ >
      • Culture Infusion
      • Gratitude Infusion
      • In the News
      • Interactive Sessions
      • Testimonials
    • Capital Markets ▼ >
      • Risk Management Oversight
    • Mortgage & Fixed Income
    • Treasury
    • Collateral Management >
      • Operations
      • Regulatory
  • Services ▼
    • Business Process
    • Finance Transformation
    • Government Practice
    • M&FI Services ▼ >
      • Enterprise Information Management (EIM)
      • Digital Mortgage
      • Integrated Mortgage Disclosure
      • MERS
      • MISMO®
      • MISMO® Authorized Assessor
    • Reporting & Analytics
    • Software Implementation
    • Treasury Services ▼ >
      • Bank Rationalization
      • Bank Relationship Management Service
      • Cash Forecasting
      • Corporate SWIFT Services
      • Digital Treasury
      • Management Reporting and KPIs
      • Payments Strategy Assessment
      • Supply Chain Finance Program
      • Treasury Assessment
      • Treasury Policies Review
      • Valuation
    • Vendor Selection
  • Products
  • About Us ▼
    • Webinars
    • Testimonials
    • Contact Us
    • Podcast
  • Careers
  • Client Satisfaction
  • Employee Portal ▼
    • Consulting Basics
    • Success at Actualize
    • Benefits & Policies
    • Client Outreach Request
    • Client Awards
    • Project Set-Up
    • Internal Feedback
    • Internal Info ▼ >
      • Newsletter
    • Time and Expense Reporting Video Guides
    • Internal Systems Video Guides
    • Internal System Tips

Vendor Selection

Picture

"Ambiguity in the market has made it increasingly difficult to ascertain current and future needs and determine which vendors will be best suited to meet these evolving needs."

PROPRIETARY METHODOLOGY

›   We have developed a proprietary methodology to evaluate third party vendors which has been refined on countless projects
›   We have existing templates and accelerators which will expedite the evaluation considering both qualitative and quantitative measure
›   ​A key step in our evaluation is crafting detailed use cases with specific results and having the vendors model the scenarios in their environment to illustrate how their application meets the client requirements

SELECTING THE IDEAL PRODUCT

›   Actualize consultants have implemented and evaluated the majority of the key vendor solutions in the market
›   Our consultants understand impacts of ongoing regulation and how vendors are proactively improving their products in anticipation of client needs
›   We have extensive experience negotiating software licenses and service contracts on behalf of clients
›   Our previous experience working with and implementing the various products will help ensure you select the best product for both your current and future needs

Vendor Evaluation

PRE-SOLICITATION
›   ​Kickoff meeting

›   ​Project Onboarding

›   ​Assessment

›   ​Business & Technical requirements

›   ​Vendor planning (NDAs)

›   ​​Targeted vendor demos and short list
SOLICITATION
›   ​​Request for proposal (RFP)

›   ​RFP scoring methodology

›   ​Use cases

›   ​Use case results and validation

›   ​Vendor demonstrations and scoring

›   ​Functional gap analysis

›   ​​Reference checks
Picture
›   ​​Total cost of ownership

›   ​​Business case

›   ​​Final consensus and vendor selection

›   ​​Contract negotiation

›   ​​Implementation planning

Contact Us

​​Copyright 2003-2025 Actualize Consulting All Rights Reserved
Picture
  • Home
  • Areas of Expertise ▼
    • Market Trends
    • Infusion Programs ▼ >
      • Culture Infusion
      • Gratitude Infusion
      • In the News
      • Interactive Sessions
      • Testimonials
    • Capital Markets ▼ >
      • Risk Management Oversight
    • Mortgage & Fixed Income
    • Treasury
    • Collateral Management >
      • Operations
      • Regulatory
  • Services ▼
    • Business Process
    • Finance Transformation
    • Government Practice
    • M&FI Services ▼ >
      • Enterprise Information Management (EIM)
      • Digital Mortgage
      • Integrated Mortgage Disclosure
      • MERS
      • MISMO®
      • MISMO® Authorized Assessor
    • Reporting & Analytics
    • Software Implementation
    • Treasury Services ▼ >
      • Bank Rationalization
      • Bank Relationship Management Service
      • Cash Forecasting
      • Corporate SWIFT Services
      • Digital Treasury
      • Management Reporting and KPIs
      • Payments Strategy Assessment
      • Supply Chain Finance Program
      • Treasury Assessment
      • Treasury Policies Review
      • Valuation
    • Vendor Selection
  • Products
  • About Us ▼
    • Webinars
    • Testimonials
    • Contact Us
    • Podcast
  • Careers
  • Client Satisfaction
  • Employee Portal ▼
    • Consulting Basics
    • Success at Actualize
    • Benefits & Policies
    • Client Outreach Request
    • Client Awards
    • Project Set-Up
    • Internal Feedback
    • Internal Info ▼ >
      • Newsletter
    • Time and Expense Reporting Video Guides
    • Internal Systems Video Guides
    • Internal System Tips