Nine Mistakes People Make When Selecting Oil & Gas Software – Part 1

Earlier I wrote 10 steps for choosing your oil and gas software. On a spin of that, I’d like to tell you nine mistakes to avoid when choosing what oil and gas software you need for your company.

1. They didn’t figure out beforehand what they wanted the software to do. This seems like a no-brainer mistake that you wouldn’t dream of doing yourself. Unfortunately, all too many companies make this mistake by not creating a specific list of what they want/need the software to do. selecting oil and gas softwareIt’s easy to get lured into the marketing hype of a product because it appears to easily solve the problem that is clearly causing you such grief. But buying a product without making sure it actually fits your business can end up causing you more headache than necessary.

2. They purchase a product based on price and not based on needs. You don’t need to tell me today how important cost is in the business equation today. I, too, read the news and understand how bleak the economy can appear. But in reality, the lowest price doesn’t always mean the best solution. Understanding your budget is an important part of the software-buying process. But being able to evaluate a product that can boost your bottom line without bankrupting you is equally important. Make sure that you don’t purchase solely because it’s the lowest or even highest price. Make sure you’re getting your money’s worth for what you need the product to do. Investments pay off in the future if they’re made wisely.

3. They didn’t get any one else’s opinion on the software. Of course software vendors are always going to think and tell you they are the best product available. That doesn’t mean you should jump in head first and purchase. Find out what other clients have to say about the staff, product and service. Get references from the company, read testimonials from real clients and talk to people in the industry to see what they think and have heard as well.

4. They don’t see (physically) how the software can work for their business. It’s important that you can visualize using the software in your office before making your decision. View the software with a trained representative, so you can see firsthand how the software works. You want to work with real person so you can ask questions and have them demonstrate scenarios that you’ll need on a day-to-day basis. Viewing a demonstration on your own time, in your office alone, will invariably lead to frustration and confusion without first having knowledge of how the software works.

5. They have too many people involved in the selection process. I’m sure you’ve heard the saying ‘Less is more,’ which is precisely the point with this common mistake. Companies often want to make sure everyone possible can be involved in choosing the best product. Too many people involved can end up causing the group to divide, and stall the decision between several products. Instead, select a smaller, targeted group of people from your company with a array of job duties who can come to a consensus.

Next post, I’ll tell you the last four mistakes companies make when choosing their software products.

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