SpecIT™ IVSM


SpecIT™ IVSM is a technology specification and selection tool allowing you to record the detailed functionality of current applications (as identified using SpecIT™ Portfolio), specify actual requirements against a template of some 37,000+ functionality points, undertake a gap analysis of current applications versus requirements, compare actual requirements against the capabilities of over 2,000 "packaged" applications and shortlist those most appropriate to your requirements.

  • IVSM Features
  • IVSM Benefits

SpecIT™ IVSM Features

Technology Specification & Selection
  • Quickly gather detailed functionality requirements (37,000+ functionality points) and compare with the capabilities of over 2,000 "packaged" applications.
  • Specify the requirements of multiple entities e.g. countries, companies, divisions etc.
  • Ability to consolidate all of the specifications into one at the press of a button.
  • Report back to the individual operating units to show how their requirements are met by the consolidated specification.
  • Define an organisational specification process and methodology ensuring a consistent approach is applied for all projects.
  • Gap analyses - build versus buy, prioritising development.
  • Managing releases and maintenance costs of internal systems.
  • Purchasing tool - IT (e.g. hardware).
  • Automated and paperless tendering tool to manage all the interaction with vendors.
  • Process validation tool.
  • It can be used as in-house skills database.
  • Enables you to compare vendors on a like for like basis.
Application Repository
  • Record the functionality of existing applications so that they can be treated as a potential vendor.
  • Benchmark the capabilities versus requirements.
  • Establish where there is crossover in functionality between applications which could highlight duplication of information, redundant functionality etc.
  • Enables you to view projects undertaken by other companies within the same organisation.
Due diligence in M&A
  • In conjunction with SpecIT™ Portfolio, evaluate the applications of the target organisation.
  • If successful, it can than be used to compare against your own applications to establish which are the most appropriate.
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SpecIT™ IVSM Benefits

Financial / Cost Reduction
  • Significantly reduces the costs of undertaking a specification and selection process.
  • Reap the benefits identified as part of your ROI months earlier than the more traditional methods.
  • Reduces the requirement for internal business analysts.
  • Ensures you don't overpay.
  • Ensures that you pick the right product.
  • Reduces the costs of handling RFP's through a web driven paperless process.
  • Minimises any external consultancy costs.
  • Aids the implementation process by reducing the requirement for business analysis of requirements by implementers.
  • Implementation can be much quicker because supplier can use the output to design required business processes.
Compliance
  • Ensures that a consistent methodology and process is enforced across all projects. IVSM is flexible to allow each organisation to define their own methodology.
  • Audit trail of the whole process.
  • The right product is selected for the right reasons.
  • Independent advice. MMG does not receive commission or charge vendors.
  • Covers the whole market in terms of software vendors.
  • Helps nullify internal politics.
  • Used as a post-implementation checklist, ensures system complies with business requirements.
  • Ensures that the application meets your architecture / technical standards.
Due Process
  • IVSM has over 37,000+ functionality points.
  • Incorporates best business practice. Clients and IT vendors are constantly adding to the functionality covered by IVSM.
  • IVSM not only looks at application functionality but also at the architecture / technology.
  • Modelling capabilities enable you to define your own criteria.
  • Enables a gap analysis between current capabilities and future requirements enabling a business case to be rapidly developed.
  • The vendors all respond in the same format enabling an 'apples for apples' comparison.
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SpecIT™ IVSM

 

SpecIT™ Portfolio

SpecIT™ IVSM

SpecIT™ Programme

SpecIT™ ROI

 

For full product information, please download our brochure.

The SpecIT™ Toolset Brochure 2013

See who else is using SpecIT™ IVSM