Welcome Bank of North Dakota to Quantivate Bank Vendor Management

  • September 17, 2010

September 17, 2010 – Bank of North Dakota joins our family of satisfied customers. Quantivate passed much government scrutiny as Bank of North Dakota chooses Quantivate Bank Vendor Management for their vendor management solution. Bank of North Dakota is the only state-owned bank in the US. Please find their evaluation table below:

Summary of Evaluation Committee Totals

Name of RFP: Vendor Management System
Date: 8/03/2010
Technical Evaluation Criteria 80 Points Maximum VendorPoint Modulo SBS Garland Group RSA Quantivate
1. Information Technology Solution 60 47.67 34.67 31.67 35.0 40.33 50.67
2. Product Support and Customer Service 10 7.0 7.0 5.67 6.33 7.0 7.0
3. Experience, Qualifications, and Financial Strength 10 7.0 7.0 6.33 6.33 7.67 6.33
Technical Proposal Score 61.67 48.67 43.67 47.66 55.0 64.0
Cost Proposals Score – 20 2.21 1.22 20 1.58 .96 2.35
Grand Total 63.88 49.89 63.67 49.24 55.96 66.35