In June 2021, a selection process was organized for a suitable contractor who could provide automated monitoring that meets all the requests of the division.
The candidates were chosen in a classic manner. Denis, as an experienced professional who has been working in the market for a long time, was aware of the pool of possible applicants who can provide such a service. Each company from the list of potential contractors was sent a request to provide us with the terms of reference.
The winner was chosen based on the following parameters:1. How extensively they met the company's data collection needs.
It was necessary to find out which of the applicants can only partially cover our needs, and who has the capacity to do it to the fullest.2. Cost.
A universal business approach – the search for the optimal balance of quality and price.3. Speed and flexibility.
Is the supplier ready to flexibly adapt to the needs of the company and how quickly they are ready to respond.
Initially, about 10 companies participated in the pitch. Each one was assessed according to how they handled the technical task. Several companies that passed the initial trial were then given demo access to personal accounts.
Although other solutions were also initially considered, in the end, the Priceva service managed to outperform the other competitors in all three parameters. And as it turned out, just at that moment Priceva expanded its functionality, supplementing it with assortment analysis.
In order to finally make sure that the capabilities the Priceva service claimed to have were based in reality, a demo project was launched.
The trial period was needed to test the contractor’s:
- level of interaction;
- reaction speed;
- the quality of the data provided.