The top 23 procurement technology tools for 2023
When it comes to procurement, the last few years have seen an incredible amount of technology innovation and adoption. As procurement technology becomes more specialized and effici...
Product & Best Practices
How to use a supplier scorecard: Guide, examples and best practices
For procurement professionals, the job isn’t over when the contract is signed. In fact, it’s really just begun. Building vendor relationships is a key skill and managing vendor...
13 top blogs for response professionals
I like to think of RFP response managers as the unsung heroes of their organizations. In a typical company, around fourty-five percent of revenue begins with an RFP, and response i...
Investment committee guide: Duties, best practices and resources
Investment committee members bear a tremendous responsibility. Indeed, their actions can directly impact the individual members, participants and beneficiaries they represent. Boun...
How to respond to a security questionnaire
If you’re like me, you regularly receive emails advising you to change your passwords because one company or another has suffered a security breach. Unfortunately, data breaches ...
RFP weighted scoring demystified: How-to guide and examples
RFP weighted scoring reminds me of getting grades in school. Some papers and tests come back with an exact score like 96 out of 100 points. On the other hand, I often received more...
Best RFP software: buyer’s guide
“Do more with less!” You’ve likely heard that mantra a lot in recent months and even years. Executives hear it from shareholders and investors. Team leaders hear it from exec...
Knowledge management best practices
When a business is in its founding phase, it's undeniably chaotic, but it's also when company communication is at its peak. Everyone is on a first-name basis and working toward the...
Why you need RFP software
The response process should be scalable, repeatable, and consistent.
Perhaps you remember the childhood game of “telephone.” In the game, one person thinks of a sentence and...
RFP management best practices
“You have to have a plan, or else you’re just creating a recipe for chaos.” ~ David Brooks
What is your first instinct when an RFP lands on your desk? Do you push it aside...
Workflow and collaboration for response management
Winning more RFPs depends on more than great answers — you also need workflow, task management and collaboration to drive a faster, better process.
Simplify developmen...
The proposal management plan for a one-person team
An effective proposal management process is like a jigsaw puzzle; it takes multiple pieces, and they have to fit together just right. If you’re a one-person team, putting all the...
