Five Watch-Outs to Consider When Planning Your Next RFP
Posted by: Tracey Bliss, Director, Marketing
If you have responsibility for managing an RFP, you are probably familiar with the basic steps: develop a questionnaire, send it out, score the results, and schedule a site visit for top contenders. But if you really want to ensure that your RFP process, and your ultimate contract, really meet your company’s objectives, a few key steps can help save you time and money.
What to Watch Out for When Designing an RFP
Our quick tip sheet, Five Watch-Outs to Consider When Planning Your Next RFP, is based on our experience working with experts at companies who have managed many bids. We explore five of the most common areas to watch out for when planning an RFP, including:
- Failure to understand total company needs
- Developing a questionnaire that focuses on service fee alone
- Setting an unrealistic timetable or budget for the RFP process
- Underestimating the approval process
- Not performing due diligence on bidders
Need Assistance Designing the Perfect RFP for Your Business?
If you would like to discuss how we can help you design the perfect RFP for your business, and save you time and money in the process, please contact your Cartus representative or email us at cartussolutions@cartus.com.
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