BI Requirements & RFP Templates
Are you looking for BI Requirements List or RFP templates? TEC’s BI templates guide you through the RFP process. Complete your business requirements gathering with TEC’s BI features and functions lists. Here, you can: download a free BI RFP sample, purchase the entire business requirements document template (for Excel), compare thousands of functional business requirements, and send the completed list to potential vendors as a request for information (RFI). Our business requirements analysts have done the heavy lifting for you, saving you from writing a RFP from scratch.
Requirements & RFP Templates
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Overview
Business Intelligence (BI) and Data Management Software Requirements List & RFP Templates
Our RFP templates for business intelligence (BI) software and enterprise performance management solutions include thousands of selection criteria that convey important features and functions for these types of solutions. Enterprise performance management, equivalent with business performance management, also falls in the domain of BI and data management systems.
The Economist stated that “The world’s most valuable resource is no longer oil, but data.” However, simply possessing data isn’t enough. Companies must be able to manage large volumes of data and perform analysis that reveals actionable intelligence. Finding software that meets your data management and BI requirements ensures that your company accesses an improved quantity and quality of insight.
BI & Data Management Software RFP Templates for All Business Types
Nearly all businesses can benefit from the implementation of BI, data management, and enterprise performance management. From the largest enterprise to small and midsize companies, business intelligence and data management software solutions can reveal insight into day-to-day operations as well as long-term planning and performance. Industries that can make excellent use of BI, data management, and enterprise performance management include:
- Finance and investment
- Healthcare
- Mining
- Telecommunications
- Manufacturing and construction
- Agriculture
- Retail and distribution
- Logistics and suppliers
- Sales and marketing
- Utilities
- Travel and leisure
BI & Data Management Software Features and Functions
Business intelligence involves a targeted analysis of data that converts raw information into insight, while enterprise performance management software helps to connect planning and performance with a larger strategic purpose. Data management focuses on data warehousing, data cleansing and preparation, integration, and retrieval from all sources to ensure informational accuracy and transparency.
These types of software solutions reduce the work involved to manage data, pull reports, and perform analysis, including the automation of manual tasks such as data entry and analysis. Dashboards that are simple to use and easy to understand are another vital feature of these solutions, allowing people without significant technical expertise to perform important BI and performance management tasks.
Benefits of Using RFP Templates for BI & Data Management Software Selection
When your company is in the process of selecting a new solution for business intelligence and data management, organizing the project around an RFP template provides a central reference point that all stakeholders can rely on as a source of truth. These templates provide an excellent method of recording requirements for a BI and data management solution that meets the specific needs of your company.
In addition to recording desired features and functionalities, a template helps multiple stakeholders arrive at a consensus of features that are must have versus those that are not essential. Software demos can be constructed afterwards, guiding vendors to show features and functions that your business needs to see before making a purchasing decision.
Organize your search for a best-fit BI and data management solution through our RFP templates while maintaining the scope of your software selection project.
In addition to recording desired features and functionalities, a template helps multiple stakeholders arrive at a consensus of features that are must have versus those that are not essential. Software demos can be constructed afterwards, guiding vendors to show features and functions that your business needs to see before making a purchasing decision.
Organize your search for a best-fit BI and data management solution through our RFP templates while maintaining the scope of your software selection project.