When someone is looking for financing on a home purchase, it is common practice is to select three to four lenders, and get a quote on APR, fees, points, and closing costs. People choose to do this to help ensure the decision they’re making is a well-informed one. But how do they narrow down the list of lenders (literally in the thousands) to a manageable three or four? They might choose their own bank (deciding factor: trust), a lender who has a good reputation in the industry (deciding factor: knowledge), and a lender who advertises an attractive rate (deciding factor: intrigue).
As with financing a home, the dozens (and dozens) of vendors supplying homecare software can be overwhelming. You’ll likely want to narrow down the field before you invest time in performing due-diligence. Identifying a subset of vendors is usually the easy part, but can still be tricky (click here for what to do when you’ve narrowed them down). Below are a few tips to help you identify a select few to focus on.
