What should businesses consider about software licensing during software selection?

Security, data privacy, and backup procedures must be central to the evaluation of software licensing. Ensure alignment with legal and organizational standards.

What should businesses consider about vendor evaluation during software selection?

To effectively evaluate vendor evaluation, organizations should map out current workflows, assess gaps, and match software features to specific pain points. Conducting user interviews and pilot testing can uncover hidden challenges.

What should businesses consider about CRM software during software selection?

Effective evaluation of CRM software should include a benchmark study of industry peers and competitors. This can inform decisions and ensure competitiveness.

What should businesses consider about software compatibility during software selection?

Compare software compatibility using third-party analyst reports and independent user reviews. This helps counterbalance vendor marketing claims.

What should businesses consider about on-premise vs cloud during software selection?

Don’t overlook cultural fit and change management when considering on-premise vs cloud. Adoption hinges on stakeholder engagement and support.

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By Wall Street Journal • March 2025

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