Really good article in from SHRM outlining how to analyze vendor RFP’s from both a capability and a financial perspective. As a vendor – I wish more organizations utilized such a disciplined process!
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After vendor proposals for HR outsourcing services have been received, what do you do next? Below, we will describe how to do the following:
• Analyze vendor proposals.
• Analyze fee proposals.
• Select your finalists.
• Perform the due diligence process.
• Identify your preferred vendor.
• Negotiate the best deal for your organization.