Tools abound, but which one best suits your business? This is an overview of bid management tools and their differences.
To qualify as a Bid Management Tool, Stryfes uses three requirements:
- Being able to work with multiple people on an answer at the same time
- A knowledge base that matches the demand
- The ability to direct the project management of a bid
Tools that do not meet the three requirements fall outside this category. Usually, those are quote tools and lack the knowledge base or project management component.
Tools that meet all the criteria can be found here:
Avnio
Avnio RFx is the #1 Salesforce Native RFP Response Management Solution with true AI and Natural Language Understanding. Avnio RFx enables world-leading companies to supercharge and streamline their responses to RFPs, DDQs, RFIs, and Security Questionnaires.
Avnio RFx reduces time spent on RFP responses by up to 75%, qualifies your RFPs using Bid/No Bid workflows, imports RFPs of any format, and inserts responses for you in seconds, generating the answer in their original form or branded templates.
Loopio
Loopio’s RFP response software streamlines how companies respond to RFPs, RFIs, and security surveys. Why go through past requests, chase experts, and spend hours updating old content when Loopio can help you automate this? Request a demo today and find out why customers say Loopio is “The best solution for RFPs.”
Ombud
Clients rely on Ombud to automate content activities in their sales processes. Our platform combines content collaboration, project management, and machine learning to streamline the creation of sales documents such as RFP responses, safety questionnaires, sales proposals, statements of work, and more.
Qorusdocs
Qorus is an intuitive quote and RFP management solution that allows teams working on sales, quotes, and bids to create, collaborate on and share all quote-related content without leaving the familiar world of Microsoft Office and CRM. Qorus is used by bid and offers and sales and marketing teams worldwide. Qorus helps organizations be more productive in locating, creating, collaborating, and managing business-critical documents such as pitches, bids, contracts, statements of work, and quotation responses.
Qvidian
Produce professional sales documents faster to win more deals. Qvidian is well suited for companies of at least 1,000 employees. Drive efficiency with a single trusted content library. Speed the creation of RFP designs with an intelligent auto-fill feature. Streamline content approvals with automated workflows. Measure results using dashboards for visual analysis. On average, Upland Qvidian clients report a 40% increase in productivity and a 28% increase in success rate.
RFPio
RFPIO’s cloud-based software helps streamline quotation management in the quotation response process. The solution automates import and export functions, centralizes content, and facilitates stakeholder collaboration.
A dynamic response library supported by an intelligent recommendation system provides centralized content and a focal point for collaboration.
Technology integration allows teams to instantly connect with people and content, and reports and dashboards provide clear insight into the bid’s progress.
RFP360
RFP360 develops software that transforms how organizations worldwide request information, respond to requests, and connect, making RFPs (ask for proposals) and similar processes much more efficient, effective, collaborative, consistent, and repeatable for everyone. This approach covers every angle, from knowledge management and response automation with response intelligence (AI) to cross-request development (RFx) and vendor evaluation with heatmap scoring. RFP360 also offers workflow, collaboration, dashboards, and reporting.
Rocketdocs
RocketDocs has the most robust quoting software and sales promotion tool. Some of the most significant financial, resource management, healthcare, and technology companies use RocketDocs to streamline their RFP response processes, enabling them to manage high bid volumes with lean teams. Effortlessly search for approved content in a centralized database, create quotes in minutes in the assembly center, and streamline approvals with your subject matter experts – all with a few clicks.
XaitPorter
Produce winning bids and proposals faster with XaitPorter, a leading all-in-one solution for document automation and co-authoring. XaitPorter allows you to create and edit documents with many sections and subsections, each with its author, reviewer, and approver, and each with its deadlines. XaitPorter also allows you to manage access rights and share information, and your entire team can work on the same document simultaneously. Win more business orders with XaitPorter.
