To RFP or not to RFP: How should you do it?

Deciding to go ahead with a RFP and knowing what you need are important steps, but how should the actual process be undertaken and what are some of the challenges?

Sometimes it is necessary to issue a request for proposal RFP to update your systems, especially if a company is operationally inefficient or if existing mandates were awarded long ago. But this can be when the tough questions need to be asked how should you initiate a RFP and what are some of the challenges you might expect

RFPs can be tedious and complicated, and less experienced senior finance executives may turn to templates...

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