Optimizing the 3 stages of RFP creation for faster results | June 16, 2022 at 2 PM ET

Available On Demand!

Out of the 123 days typically spent on an RFP, 26 are spent in the RFP creation process. That means more than 20% of a procurement manager’s time is spent creating the RFP before it goes to market. Imagine how much more effectively you could meet your internal clients’ requests (all the while getting more time in your day to focus on strategic and high-value tasks) if you could get RFPs out the door faster.

The RFP creation process is typically made up of three components: gathering requirements, research, and building the RFP. In this webinar hosted by Bonfire in partnership with NIGP, we’ll take you through each stage of RFP creation, walking you through top tips on how to save time without sacrificing best-value decision-making. You’ll learn:

• Why 95% of procurement failures can be tied back to one of the three phases of RFP creation
• What components make up the three stages of the RFP creation process
• Practical next steps you can take to optimize each stage for efficiency, and how best-of-breed technology can help
• Outcomes (besides efficiency) of a streamlined RFP creation process—including cost savings, increased vendor engagement, and return on investment

Sponsored by

Mitchell Dixon
Manager, Sales Solutions
Bonfire

Andrew Castillo – Host
Editor
American City & County