Based upon the content you've reviewed (as well as what youalready may know) please...

70.2K

Verified Solution

Question

Accounting

Based upon the content you've reviewed (as well as what youalready may know) please answer the following:
Summarize the process for selecting a vendor that your companyuses for procuring (buying) IT assets.
For these 3 categories (Kickoff & Selection, Implementation,and Post-Implementation), pick one of the costs associated witheach of those categories and explain its importance.
In terms of pricing regarding software packages, what are thetwo factors that determine price?

Answer & Explanation Solved by verified expert

4.4 Ratings (1012 Votes)

Process for selecting a vendor step 1 Identify all the vendors available locally or out of state as per your requirement Help of personal reference or from online available information can be taken In some special cases development of the vendor can be possible It is required only for customized items which are different from the other standardised items available in the market step 2 Asking the vendors for quoting the rate period of availability and other terms and conditions of the item related with the indent given by the concerned department There is need to mention the See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

Transcribed Image Text

In: AccountingBased upon the content you've reviewed (as well as what youalready may know) please answer...Based upon the content you've reviewed (as well as what youalready may know) please answer the following:Summarize the process for selecting a vendor that your companyuses for procuring (buying) IT assets.For these 3 categories (Kickoff & Selection, Implementation,and Post-Implementation), pick one of the costs associated witheach of those categories and explain its importance.In terms of pricing regarding software packages, what are thetwo factors that determine price?