There are basically two types of EPM vendors. You have the software vendors who develop the EPM software solutions, and you have the consultancies and service organisations who implement and support these EPM solutions. If you are in the process of selecting a new EPM software solution or trying to find the right party for you to help with the implementation or support of such a solution, we can help you with every step in the selection process. From gathering the requirements and wishes from your business to contract negotiations with the vendor sales and legal representatives.
Reasons to select a new EPM solution
Companies have different reasons to select an EPM software solution. It could be because the organisation has grown significantly, and current systems and processes don’t meet the changed requirements anymore. It could be because the current EPM system is outdated, or out of support. Or due to a merger or a divestment.
Group Finance and IT are usually both involved in the selection of a new EPM software solution. Group Finance is usually in the lead, as the future owner of the system, but sometimes IT is in the lead. Selecting the right EPM software solution for your organisation and your situation is not an easy process. Selecting and implementing a new EPM solution is a big investment with high impact, but if done properly, will also result in substantial business benefits.
EPM Software vendors and implementation partners
Many customers start by doing their own research and/or contacting different software vendors for information and demos. Some ask advice from a specialised EPM implementation partner, as many of them are specialised in multiple EPM software solutions.