This RFP template is a composite of several RFPs we have encountered for HRIS and HCM solutions. We have taken the best elements from each of them to create the attached document.
RFPs are used by prospects who are looking to make large HR Payroll system purchases to gain information from a number of vendors they believe will meet their unique needs. As you can imagine, it takes the vendors a great deal of time and effort to complete a document offering as much detail as what this document provides.
You may find that in the small to mid-size markets, vendors may not find it practical to complete a document of such scope. You and the vendor may find it more helpful to have an initial telephone conversation to determine a match between your requirements and their product offerings. This dialog can often determine whether a vendor makes it to your short list for a more detailed evaluation of their system.