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Vendor Comparison Template

vendor comparison template

VendorMonthly costSetup costFeature fit 1-5Support 1-5Integration effort 1-5Risk 1-5Contract notes
Vendor A$120$6004322Annual discount available
Vendor B$210$05433Best feature fit, higher lock-in
Vendor C$80$9003342Cheapest monthly, heavier setup

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Vendor Comparison Template workflow checklist

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Workflow

How to use it with Toolkit Shelf tools.

  1. Collect monthly, annual, setup, migration, and cancellation costs.
  2. Score fit and support separately so a cheap vendor does not hide weak operations.
  3. Score integration effort and risk before the demo excitement fades.
  4. Use the vendor comparison calculator for weighted scoring and first-year cost.
  5. Keep contract notes visible before signing anything with lock-in.

The cheapest vendor can become expensive if setup, migration, support, or lock-in are ignored.

Feature fit and support should be scored by the people who will actually use the vendor.

Use Automation ROI after this if the vendor is replacing manual work.