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Overview

Many companies are looking for the right development partner to help them grow their business. But choosing the right vendor can be a difficult task. The key is to look at each company’s strengths and weaknesses and then find out which one of those is the best fit for you.
The Independent Vendor Selection (IVS) process is a formal method of selecting an engineering vendor. With this process, we'll help you make sure the vendor fits your criteria and is able to deliver what you expect.
Do you need someone who has experience in your industry or with a particular technology? Do you want someone who will work with you closely or do they need to be more hands-off? We will help answer these questions and make your choice more confident.
Idea
45
Startup
100
Product
35
Enterprise
80
Service BSM score
In this service, we will help you validate, interview and make sure that your potential vendor meets your requirements.

How It works

RFP Analysis

Vendors Review

SOW Preparation

An IVS process is a 3-step process that includes:

  • Analyzing a Request for Proposal (RFP) which is distributed to potential vendors
  • Evaluating proposals from qualified vendors
  • Negotiating and awarding the contract (SOW)

Independent Vendor Selection is a process that is used to evaluate the capabilities of potential suppliers in order to identify the most qualified supplier for a specified requirement.

What you get

  • RFP Analysis
  • Compliance Matrix
  • Vendor's proposal review
  • Proposal and Estimate verification
  • Support on Communication with Vendor
  • SOW preparation assistance

Use Cases

Check out the team's capabilities

It's always good to make sure that what the vendor promises you on the pre-sale corresponds to the real capabilities of the team and that the vendor has the necessary expertise both from the technical side and from your business domain.

Check the relevance of the timeline and assessment

Unfortunately, estimates do not always correspond to reality, so it is important to understand what reasons underlie the estimates. Make sure that the vendor offers you the best plan and timeline for development.

Make sure the SOW is protecting your interests

SOW is one of the most important documents, because it will describe the responsibilities of the parties in the development process and how to resolve any disputes. It is good to know for sure that the interests of your business are protected.
Recommended for products of
Low Complexity
Small
  • Continuous support on vendor selection
  • RFP Analysis & Review
  • 1 Compliance Matrix
  • 2h Q&A Sessions
  • 2h Vendor Interview
  • 2 Proposals Review
  • 1 SOW Review (3-4 pages)
  • -
  • -

$3200
per vendor
Request Now
Recommended for products of
Medium Complexity
Medium
  • Continuous support on vendor selection
  • RFP Analysis & Review
  • 1 Compliance Matrix
  • 4h Q&A Sessions
  • 6h Vendor Interview
  • 2 Proposals Review
  • 1 SOW Review (5-10 pages)
  • Vendor's team interview
  • -

$4800
per vendor
Request Now
Recommended for products of
High Complexity
Large
  • Continuous support on vendor selection
  • RFP Analysis & Review
  • 1 Compliance Matrix
  • 8h Q&A Sessions
  • 16h Vendor Interview
  • 4 Proposals Review
  • 2 SOW Review (15+ pages)
  • Vendor's team interview
  • Assistance in related communication
$6200
per vendor
Request Now
Recommended in case when you plan to do huge investment
X
  • Continuous support on vendor selection
  • RFP Analysis & Review
  • 2+ Compliance Matrix
  • 20h Q&A Sessions
  • 40h Vendor Interview
  • 4+ Proposals Review
  • 2+ SOW Review (30+ pages)
  • Vendor's team interview
  • Assistance in related communication
POR
on request
Request Now