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Template · Procurement

Vendor selection with clear requirements.

Bring your shortlist, requirements and stakeholder questions together. Use the example structure to document requirements, score the options and review the reasoning together.

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What's inside

7 starting criteria · 3 starting options · a 5-question intake. For: Procurement leads and business owners reviewing a vendor shortlist.

Total cost of ownership
Licence, implementation, and run cost over the contract term. Low (0-3): expensive for what you get. High (8-10): strong value.
Functional fit
How much of your requirement is met out of the box, without custom work.
Reliability & track record
Uptime history, maturity, and how many comparable customers are live.
Support & service levels
Response commitments, escalation, named contacts, and documentation.
Security & compliance
Certifications, data residency, access controls, and audit evidence.
Integration effort
How cleanly it fits your existing stack. High (8-10): connectors exist and are supported.
Exit & portability
How hard it is to leave: data export, contract terms, lock-in. High (8-10): you could move.

Starting options

These options and their ratings are illustrative. Renaming an option does not update its scores, fit values or exclusions. Review those assumptions for every option in your evaluation.

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