The VFA CapStar Award – VFA.facility is presented annually to a VFA.facility customer in recognition of the innovative application of software technology and/or business processes to support capital planning and management.
The VFA CapStar Award – VFA.spendManager is presented annually to a VFA.spendManager customer in recognition of the innovative application of software technology and/or business processes to support capital spend management.
Selection Criteria
Criteria considered in the award include:
- Innovation – Does the solution demonstrate a leading-edge approach to capital planning and management or capital spend management within the organization or industry?
- Business Benefit – How has the solution made a tangible impact on the organization? (For example, what financial impact did the solution make? How did the solution impact operational efficiency or performance? How did the solution enable increased return on capital investment?)
- Bridge Building – How effectively does the solution bridge a gap among different functional areas with the organization and its stakeholders involved in capital planning and management?
Eligibility
All VFA clients are eligible for consideration for the VFA CapStar award.
Nomination & Selection Process
The following are eligible to nominate clients for the award:
- Any VFA employee may nominate a client by completing and submitting a nomination application.
- Any VFA partner may propose a joint client for nomination. A VFA employee must agree to champion the nomination.
- Any VFA client may complete a nomination application. A VFA employee must agree to champion the nomination.
Nomination applications must be submitted by March 1, 2010.
Judges from the VFA management team will review nominations and select the award recipient.
Award Presentation
The award will initially be announced at a ceremony at VFA Connections on April 26, 2010.
Recipients are not required to be present.
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