Maximize Your Chances of Winning the Bid

While 2021 has seen a lot of businesses close their doors for good, many windows have opened for the business owners of tomorrow. Maybe you’ve already created a great website, recruited valuable employees and built a solid supply chain. Maybe you’re even ready to begin exploring responding to requests for proposals (RFPs) as a way…

RFP Process Challenges & How Outsourcing Can Overcome Them

Responding to a Request for Proposals (RFP) can be a stressful and intimidating process for business owners who are unfamiliar with bidding legalities. Despite the complex system that must be executed flawlessly to win a contract, companies who manage to win, in effect, are able to organically grow their businesses from there. So, it’s time…

4 Major Challenges of Proposal Management and RFP Generation

Generating consistent RFP responses that get noticed isn’t an easy task. Even savvy veterans understand that the proposal management process can be stressful. Business owners still take this challenge head-on because they know the results of their hard work can be exceptionally beneficial to their organization. In order to help your business better prepare for…

RFP Automation: Debunking the Most Common Myths

With all the recent buzz around RFP automation, it’s easy to forget that automation is already an integral part of our everyday lives. Automation powers everything from smart home devices to word-processing software that checks your grammar. In the proposal industry specifically, its purpose is to simplify your RFP process, allowing you to respond to…

Proposal Process: Tips for Streamlining Your RFP

What’s the one acronym that strikes fear into the hearts of your employees? You guessed it, it’s “RFP.” But it doesn’t have to be that way! Companies have long labeled the RFP process as a source of stress and anxiety. What often causes this negativity isn’t the RFP proposal management process itself but rather an…

5 New Tech Trends Impacting How Companies Should Approach RFP Responses

In the proposal industry, automation represents a future characterized by better quality and less painful RFP responses. And we’re nearer than ever before to achieving this goal. As companies are aiming to submit more bids in a shorter period of time, they’re looking to RFP technology as a means of analyzing data, shortening man-hours, and…

How to Ensure RFP Compliance

Finally. You found an RFP that’s a perfect fit for your organization. Your knowledge and experience meets (or even exceeds) the minimum RFP requirements posted. Check. There’s a plethora of previous content to pull from other bids. Check. Your team is even ready to begin stitching together the perfect proposal. Check, check, check. But, before…

Increase RFP Responses in a Difficult Market

If only there were more than 24 hours in a day. If you’ve gone through the RFP process before, you probably know the feeling. Developing RFP proposals to grow your business takes time, effort and lots of patience. With all the other business responsibilities you’re juggling, it can be hard to imagine submitting more responses…

How Intelligent RFP Search Saves Valuable Time for Salespeople

Think back to the last time you wrote a research paper. Perhaps you’re remembering the days of college term papers and MLA formatting. You probably spent hours in front of a computer, hoping that using just the right search terms would bring up the perfect source for your paper. If this sounds vaguely familiar, you…

Automation and Proposals: 10 RFP Tasks To Automate

When you hear the word “automation,” you may think of factory workers being replaced by robots, or reports that AI might someday take over the world. But at The Bid Lab, automation means something different. It means less work for you and an increased chance of winning your bids. And it’s all done by humans…