Vendor Selection Criteria
From Clinfowiki
Contents
Example Vendor Evaluation Criteria
Demonstrate Clinical Functionality (25%)
- How well is the vendor able to demonstrate the clinical functionality required by [your organization]?
- Is the software flexible enough to meet our current needs and allow for future changes?
Acquisition and Implementation Cost (25%)
- What is the total financial investment required to acquire and fully implement the proposed solution?
Hardware Platform and Technical Requirements (20%)
- How well is the vendor able to meet our technical requirements ?
- How well is the vendor able to create and maintain interfaces to our existing systems?
Implementability (15%)
- How much time, effort, and resources will be required to successfully implement?
- What is the vendor?s track record for successfully implementing its system in similar settings?
Vendor Partnership and On-going viability (10%)
- What type of long-term relationship do we think we can expect from the vendor?
- How stable is the company?
- How many new contracts have they signed in the past year?
Future Vision (5%)
- What is the vendor's five-year strategic plan?
- What percentage of revenue is being re-invested into R&D?
