A few years ago, we did a series on maximizing your value at each stage of your CTRM journey. A lot has changed since then including COVID-19, increased remote work, administration changes, volatile markets and even war. We are going to give an update to that series that includes 3 tips at each one of the stages of the CTRM journey in our new climate. The series has both a video and podcast option. 

The first stage of the journey is system selection. In our first video on system selection, Matt Schuetz, Partner, explains how there has been a lot of consolidation within the ERM and CTRM solution space. It has led people to think they don't need a system selection because they only have one vendor or because the company that provides the ERP solution can provide the CTRM solution. However, it's now more important than ever that people need to do a system selection to consider all the options available. Below, Matt highlights 3 points (plus a bonus point!) on some best practices to do during the system selection stage of your CTRM journey:

1. Understand strategic goals
2. Define architecture
3. Establish criteria
4. Bonus: Involve users early

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