{"id":1111,"date":"2013-06-11T20:05:18","date_gmt":"2013-06-11T20:05:18","guid":{"rendered":"https:\/\/www.bullhorn.com\/?p=1111"},"modified":"2019-03-01T21:26:23","modified_gmt":"2019-03-01T21:26:23","slug":"4-steps-to-successfully-buying-enterprise-software","status":"publish","type":"post","link":"https:\/\/www.bullhorn.com\/eu\/blog\/4-steps-to-successfully-buying-enterprise-software\/","title":{"rendered":"4 Steps to Successfully Buying Enterprise Software"},"content":{"rendered":"<p>Investing in enterprise software can be an unnerving process. You\u2019re often evaluating multiple vendors and working with several business stakeholders, all while trying to balance the timeline, budget and scope of the project. It\u2019s a major undertaking, especially because this software is going to affect the way your business operates on a daily basis.<\/p>\n<p>While the stakes are high, there are a few steps you can take to help you streamline the buying process, such as:<\/p>\n<ol>\n<li><span style=\"text-decoration: underline\"><strong>Secure Executive Sponsorship:<\/strong><\/span> Direct, two-way communication with executive level sponsorship (on both sides) is key. This is the \u201cdating\u201d phase of the buying process where the two organizations align from a people, culture, and organizational perspective. Creating a business level conversation at the onset creates critical synergies and trust between the partners, which will have be to be drawn upon constantly.<\/li>\n<li><span style=\"text-decoration: underline\"><strong>Build the Business Case:<\/strong><\/span> Identify the opportunity and document it \u2015 also known as (a.k.a.) an \u201copportunity statement.\u201d Re-read it, refine it, and believe it. An opportunity statement will be the poster board for the business case, as well as the overall success of the implementation and partnership. \u00a0If you have a partner, bring him or her into this process and co-author it. \u00a0What value can that partner add from an outsider\u2019s point of view? What are we missing? Key questions to answer in this process include:\n<ul>\n<li>Who are the key stakeholders we need to involve and how will they be impacted?<\/li>\n<li>What are the measures we will use to define success? (a.k.a. success measures)<\/li>\n<li>Do these measures meet our stakeholders\u2019 needs?<\/li>\n<li>What is our timeline? Having an open-ended timeline is a HUGE risk to an enterprise with limited resources (resources are always limited). Create a deadline for approval to ensure the opportunity does not get missed and therefore wastes resources.<\/li>\n<li>Is status quo still an option? If so, retreat and re-evaluate the opportunity statement.<\/li>\n<\/ul>\n<\/li>\n<li><span style=\"text-decoration: underline\"><strong>Determine the ROI:<\/strong><\/span> Price is always a factor, but it should only be an input. Never shop on price \u2013 focus on the ROI. Leverage your partner to build a quantifiable ROI case with real numbers. Test this model and evaluate its sensitivity. If this can\u2019t be provided, then retreat.<\/li>\n<li><span style=\"text-decoration: underline\"><strong>Get \u201cMarried\u201d:<\/strong><\/span> \u00a0Learn from the vendor-buyer partnership and be flexible, just like you would in a personal relationship. An enterprise partnership is a two-way street, and a complicated one could contribute to a painful implementation process. A couple of thoughts to consider:\n<ul>\n<li>Do we need the button to be blue? Stay focused on the \u201copportunity statement\u201d and business case. Getting hung up on the \u201cblue button\u201d is like focusing on webbed toes or a misplaced freckle.<\/li>\n<li>Change is hard, can we rely on this partner? Nothing is worse, and more costly to an enterprise, than a failed implementation (marriage).<\/li>\n<li>Where will you be in ten years? Enterprise software is a long-term relationship. If for some reason you can\u2019t see the organization or the solution a decade from now (upgrades etc.), something is wrong and retreat fast.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<div>Although these aren\u2019t the only factors involved in the buying process, they are among the most important. By systematically and diligently working through these steps, you will greatly increase your chances of having a successful buying process.<\/div>\n<div>\n<div><\/div>\n<div>If you are in the process of evaluating enterprise software, then check out some of Bullhorn\u2019s resources below that may help you navigate the vendor landscape:<\/div>\n<div>\n<ul>\n<li><strong>Blog Post:<\/strong>\u00a0<a href=\"https:\/\/www.bullhorn.com\/eu\/blog\/2012\/12\/true-cloud-or-pretender-infographic-blog\/\" target=\"_blank\">True Cloud or Prentender? Finding the Right Cloud-based Solution for Your Staffing Agency<\/a><\/li>\n<li><strong>Infographic:<\/strong>\u00a0<a href=\"https:\/\/www.bullhorn.com\/eu\/resources\/are-you-selecting-true-cloud-solution-infographic\/\" target=\"_blank\">Are You Selecting a True Cloud Solution?<\/a><\/li>\n<li><strong>Buyer\u2019s Guide:<\/strong>\u00a0<a href=\"http:\/\/pages.bullhorn.com\/WC201306BuyersGuide.html?LS=WebContent\" target=\"_blank\">The ATS Advantage &#8211; The Staffing Agency&#8217;s Guide to Buying an Applicant Tracking System<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Investing in enterprise software can be an unnerving process. You\u2019re often evaluating multiple vendors and working with several business stakeholders, all while trying to balance the timeline, budget and scope of the project. It\u2019s a major undertaking, especially because this software is going to affect the way your business operates on a daily basis. While [&hellip;]<\/p>\n","protected":false},"author":29,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[585],"tags":[],"class_list":["post-1111","post","type-post","status-publish","format-standard","hentry","category-tips-tricks-and-how-tos"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>4 Steps to Buying Enterprise Software | Bullhorn<\/title>\n<meta name=\"description\" content=\"Here are a few steps you can take to successfully purchase the right enterprise software for your organization.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bullhorn.com\/eu\/blog\/4-steps-to-successfully-buying-enterprise-software\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"4 Steps to Buying Enterprise Software | Bullhorn\" \/>\n<meta property=\"og:description\" content=\"Here are a few steps you can take to successfully purchase the right enterprise software for your organization.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.bullhorn.com\/eu\/blog\/4-steps-to-successfully-buying-enterprise-software\/\" \/>\n<meta property=\"og:site_name\" content=\"Bullhorn EU\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Bullhorn\/\" \/>\n<meta property=\"article:published_time\" content=\"2013-06-11T20:05:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-03-01T21:26:23+00:00\" \/>\n<meta name=\"author\" content=\"Ryan Murphy\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Ryan Murphy\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.bullhorn.com\/eu\/blog\/4-steps-to-successfully-buying-enterprise-software\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.bullhorn.com\/eu\/blog\/4-steps-to-successfully-buying-enterprise-software\/\"},\"author\":{\"name\":\"Ryan Murphy\",\"@id\":\"https:\/\/www.bullhorn.com\/eu\/#\/schema\/person\/129e1adeaf78502b1bb22cb2d97c270e\"},\"headline\":\"4 Steps to Successfully Buying Enterprise Software\",\"datePublished\":\"2013-06-11T20:05:18+00:00\",\"dateModified\":\"2019-03-01T21:26:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.bullhorn.com\/eu\/blog\/4-steps-to-successfully-buying-enterprise-software\/\"},\"wordCount\":617,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.bullhorn.com\/eu\/#organization\"},\"articleSection\":[\"Tips, Tricks, and How-Tos\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.bullhorn.com\/eu\/blog\/4-steps-to-successfully-buying-enterprise-software\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.bullhorn.com\/eu\/blog\/4-steps-to-successfully-buying-enterprise-software\/\",\"url\":\"https:\/\/www.bullhorn.com\/eu\/blog\/4-steps-to-successfully-buying-enterprise-software\/\",\"name\":\"4 Steps to Buying Enterprise Software | Bullhorn\",\"isPartOf\":{\"@id\":\"https:\/\/www.bullhorn.com\/eu\/#website\"},\"datePublished\":\"2013-06-11T20:05:18+00:00\",\"dateModified\":\"2019-03-01T21:26:23+00:00\",\"description\":\"Here are a few steps you can take to successfully purchase the right enterprise software for your organization.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.bullhorn.com\/eu\/blog\/4-steps-to-successfully-buying-enterprise-software\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.bullhorn.com\/eu\/#website\",\"url\":\"https:\/\/www.bullhorn.com\/eu\/\",\"name\":\"Bullhorn EU\",\"description\":\"Applicant Tracking &amp; 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