Bids and tenders: Best practices and process
The goal has to be right for us, and it has to be beneficial, in order to ensure a beneficial process. But aside from that, it’s really the process that’s important.
“The T...
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The 7 best procurement blogs for news, trends and tips
Staying up to date with procurement news and trends can feel like a full-time job. Of course, there are dozens of procurement blogs and websites creating content to help. However, ...
21 best RFP response tools for 2021
If you find yourself with an abundance of requests for proposals (RFPs) and a shortage of time, you’re not alone. As you might expect, here at RFP360, we talk to a lot of proposa...
11 interesting RFP statistics and what they mean for you
For buyers and sellers, requests for proposals (RFPs) are a regular part of day-to-day business — and for good reason. The RFP has a long history of helping organizations brin...
Supplier selection: Narrowing the field to find the perfect fit
When it comes to protecting your business from risk and enabling growth, supplier selection is one of the most important responsibilities of the procurement department. Indeed, the...
Accelerate your RFP for asset management response process
When your financial institution receives a new RFP for asset management, is it viewed as an exciting opportunity? Or, is it just one of a dozen (or more) RFPs waiting for completio...
How to write a winning RFP response
RFP360 is a part of RFPIO, the leading response management software. To explore additional resources about how to write a winning RFP response, visit RFPIO.com.
There’s nothin...
A simple RFP template: Benefits of the RFP lite
The request for proposal (RFP) lite may be the best strategic sourcing process you’ve never heard of. Also called a short-form RFP, this new type of RFP benefits both procurement...
How to shorten your RFP timeline: An overview, tips and examples
It’s no secret that RFPs are time consuming. From beginning to end, an RFP timeline may span weeks, months or, even in some extreme cases, years. Unfortunately, the long process ...
Strategic sourcing software guide and business case
For procurement teams that want to improve vendor relationships and reduce costs, strategic sourcing is a natural fit. Likewise, when those same procurement teams need a way to imp...
RFP strategy: How to grow your business with RFPs
Does your business have an effective RFP strategy? When it comes to RFPs, organizations generally take one of two approaches. Either they respond to every RFP they receive, or they...
