See how a Fortune 500 bank procurement team used the Microsoft Support RFP to save millions of dollars on their Unified support contract. Learn what the key RFP criteria are to evaluate third-party Microsoft support providers.
Audience: Banking CIO and IT Executives | Banking Sourcing, Procurement and Vendor Management
A Fortune 500 Bank procurement team has sourced a Microsoft support request for proposal (RFP). The RFP is both the process and documentation used in soliciting bids for potential third-party Microsoft support services. The Microsoft Support RFP document typically outlines a statement of requirements (SOR) to be met by prospective respondents wishing to make a bid to deliver Microsoft support. It will cover Microsoft products and/or services to meet the given requirements.
The Microsoft Support RFP documentation also covers the procurement process, evaluation criteria, commercial terms and conditions, timeliness and activities involved, and what respondents should include in their Microsoft Support RFP response to the bank.
Key Microsoft Support RFP Criteria for banking vendor management and IT sourcing professionals include:
Bank vendor management teams have found the Microsoft Support RFP template has everything needed to find the best alternative to Microsoft Premier/Unified Support. As a result, the Fortune 500 bank was able to solicit bids for third-party Microsoft support to replace their Unified support contract.
Download the RFP template and use the detailed selection criteria to score third-party Microsoft Support providers across their capabilities, experience and value to the banking industry. Use the RFP to identify support providers and mitigate financial and operational risks by identifying the most qualified provider to support your financial institution’s Microsoft technologies.
Bank sourcing, procurement and vendor management teams are finding the RFP template saves weeks in time and the replacement of Unified Support is yielding millions of dollars in immediate cost savings, additional savings in cost avoidance over the next 3 years, and measurable IT operational gains.
Save your bank’s procurement team hours of work. Do your due diligence by downloading the Microsoft Support RFP template today.
Requests for proposals (RFPs) are used in negotiated acquisitions to communicate financial institution requirements to prospective contractors and to solicit proposals. Bank Chief Procurement Officers (CPOs) are using the Microsoft Support RFP to identify certified underepresented groups and diversify their supply chain.
Many national and regional banks require RFP bids from multiple parties. Some give preference to certified diversity vendors via set asides and diverse business participation requirements for contracting assistance programs such as the Women Business Enterprise (WBE) certification or US Small Business Administration’s Women-Owned Small Business (WOSB) Federal Contract program.
Working with diverse suppliers aligns with our bank’s core values and is the right thing to do. Giving selection priority to certified minorities who have vendor capability parity is a key initiative for our organization.
The Contracting and Procurement teams at financial institutions can download the Microsoft Support RFP template to facilitate the identification and qualification of certified minority contractors capable of replacing Microsoft Premier or Unified Support, often at significant cost reduction and operational efficiency gain.