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How to Achieve Lean Digital Transformation in 2023 Check Out Our Upcoming
Webinar!
 * Platform
      
    * * How Olive Helps
      * How Olive Works
      * Planning
      * Build vs. Buy
      * Executive Reporting
    * * Requirements Templates
      * Digital Transformation
      * Requirements Management
      * Project Templates
      * Stakeholder Collaboration
    * * Vendor Engagement
      * Comparative Analysis
      * Vendor Evaluation
      * Co-Branding
      

 * Solutions
    * * Use Cases | Find These Solutions and More in Olive
      
      * --------------------------------------------------------------------------------
      
        
      * * AIArtificial Intelligence Solutions
        * BIBusiness Intelligence
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        * HCMHuman Capital Management
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      * * POSPoint of Sale
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        * Digital Transformation ServicesGet Support
        
    * * Professional Services
      
      * --------------------------------------------------------------------------------
      
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How Olive Works


HOW IT WORKS

Digital transformation has been reimagined by Olive’s platform. With Olive,
technology evaluations take weeks instead of months, with increased
collaboration and automated due diligence. Olive helps teams collaborate on
requirements management, vendor comparison, due diligence and solution
selection. Here's how it works.

TALK TO A HUMAN



IDENTIFY AND MANAGE TECHNOLOGY NEEDS, COMPARE VENDORS, AND FIND SOLUTIONS

Olive is a new way of identifying and managing needs for buying solutions. It’s
more innovative, collaborative, and accurate than RFI/RFQ (asking questions or
asking for information) or RFP (identifying use cases and asking for a proposal
on how to solve them).

Our approach is based on the idea that requirements management has historically
been used for building solutions, but why shouldn’t it be used for buying
solutions?


SPEND UP TO 66% LESS TIME ON ENTERPRISE SOFTWARE SELECTION

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BUILDING A DIGITAL TRANSFORMATION ROADMAP

Olive guides you through your digital transformation journey. We want to help
you think long-term by identifying any overlap in company-wide opportunities or
projects that will solve long-term goals for the organization. With the project
stages dashboard, you can input all the transformation initiatives you plan to
implement over the next 2-3 years. You don’t need to work on all of them
immediately, but you have visibility into your current and future initiatives
here. Building out a longer-term strategy means you can proactively prevent
siloed working by having visibility into opportunities across departments that
one solution may solve and approach your digital transformation initiatives in a
more strategic and agile way. Inputting all your projects here means you can
easily find overlapping, intertwined, or complementary opportunities and
discover more streamlined ways to solve recurring challenges.


DISCOVERY AND UNDERSTANDING OF ORGANIZATIONAL GOALS

Identifying all current, future, and potential technology needs builds a deep
understanding of the organization’s overarching goals. Documenting high-level
digital transformation objectives, current state, desired future state, and
intended benefits across the organization in one place for everyone to reference
centralizes all digital transformation needs and ideas in one place. This
discovery sets the stage for all technology initiatives and keeps all
evaluations and decisions aligned with organizational goals.  Olive’s surveys
facilitate a seamless collaboration process, helping capture and catalog
feedback from key organizational stakeholders.




IDENTIFYING AND PRIORITIZING NEEDS IN COLLABORATION WITH STAKEHOLDERS

A major obstacle in effectively facilitating and expediting digital
transformation is the ability to accurately identify and prioritize stakeholder
needs. Many digital transformation initiatives fail due to insufficient
stakeholder engagement and feedback. Olive provides a process that allows
stakeholders to easily identify and prioritize detailed requirements to ensure
that their needs are met, rather than asking solution providers what their
solutions do or how their solutions could potentially meet a list of high-level
use cases. Olive’s surveys make it easy to collaborate with stakeholders across
the business to ensure all requirements are collected and rated based on
company-wide needs. Internal project managers can use this information to create
and prioritize requirements and allow subject matter experts to add and
prioritize their own requirements directly in Olive. 

In-app messaging eliminates the need for time-consuming meetings and emails by
allowing stakeholders to collaborate on and refine individual requirements
directly within Olive.

Book Demo


COMMUNICATE AND COLLABORATE WITH VENDORS

It often takes months to create an RFI or RFP and once it is sent out, if
additional needs or use cases are identified after the fact, it is incredibly
difficult and time-consuming to make updates once vendors have started their
response process. Also, there is little or no visibility into the response
process itself until responses are actually received. 

Olive provides an iterative agile approach that allows early vendor engagement,
even before all needs may be specified, refined, or known. As key stakeholders
and collaborators create and rank their most important requirements, vendors can
be invited to begin their responses, even if all needs have not yet been
identified or defined. 


THIS PROVIDES SEVERAL BENEFITS:

 1. First, in the traditional RFP/RFI process, vendors usually perform some
    win/loss and revenue predictions up front to decide whether or not to
    respond to that RFI/RFP, as these responses can take up weeks or months of
    dedicated resource time. This creates the threat that the best solution may
    eliminate themselves up front. Olive’s agile, iterative approach minimizes
    the initial time required for vendors, encouraging those who may not
    otherwise respond to do so.
 2. Second, initial vendor responses may generate new ideas and requirements
    that may have never otherwise surfaced.
 3. Finally, it allows early insight into the vendors who will or will not be
    able to meet the initial, most important requirements effectively, allowing
    for early disqualification of certain vendors and saving time for all
    parties involved.




SHORTLISTING VENDORS AND SOLUTION SELECTION

Each iteration within Olive will elevate certain vendors and disqualify others.
Automated insights and scoring will quickly surface the vendors who best meet
the organization’s needs, reducing the technology procurement and evaluation
process by weeks, if not months.  Stakeholders can flag specific short-listed
vendor features and functionality that they would like to see demoed, allowing
hyper-focussed demos tailored to specific vendor solutions and how they can meet
organizational needs. Once vendor demos are complete, stakeholders can comment
on each requirement regarding how well they think vendors have demonstrated that
they can fulfill them and modify their scoring accordingly.

Once a vendor solution has been selected, Olive automatically provides proof of
due diligence by time-stamping all stakeholder and vendor engagement, including
all organizational needs and how they were identified, what solution best meets
those needs and why, how the selected solution will fulfill them, and why that
solution is the best fit.  


THE NEW STANDARD IN ENTERPRISE SOFTWARE SELECTION

Talk to us to learn more.

TALK TO A HUMAN

Explore


SEE OTHER PLATFORM FEATURES




HOW OLIVE HELPS

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PLANNING

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EXECUTIVE REPORTING

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REQUIREMENTS TEMPLATES

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BUILD VS. BUY SOFTWARE

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REQUIREMENTS MANAGEMENT

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DIGITAL TRANSFORMATION

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SOFTWARE EVALUATION PROJECT TEMPLATES

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STAKEHOLDER COLLABORATION

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VENDOR ENGAGEMENT

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COMPARATIVE ANALYSIS

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VENDOR EVALUATION

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CO-BRANDING

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 * Platform
   * Requirements Templates
   * Cloud-based Requirements Management
 * Solutions
   * Use Cases
   * Professional Services

 * Resources
   * Olive Blog
   * Case Studies
   * Webinars
   * White Papers
   * Insights

 * Company
   * Leadership
   * Careers
   * In the Press
 * Pricing

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