SupplierSelect RFP Tools for Consultants

The smarter way to manage RFPs - Consulting Demo December, 2010 Supplier Select Web-based Supplier Evaluation & Selection

Supplier Select - Summary
What we do: provide web-based tender / RFx evaluation software for Buyers to help manage the Request for Proposal process with Vendors
How we do it: RFx questionnaires are drafted, published, answered and evaluated via a web-browser, replacing the use of spreadsheets and word documents for the collection and evaluation of bids
Benefits: Our consulting clients tell us we help them:
Increase project profitability
Win clients
Illustrative

Supplier Select - Summary
In 2001 developed for financial consultancy in Custody services - Used for over 3000 sophisticated RFPs for custodian services of $3 Trillion in assets
Since 2006 – launched platform to serve clients in other industries - Used in a range of industries / sectors for range of $multi-million RFx’s
Clients (1) :
(1): sample Consulting Firms End Clients SupplierSelect: Since 2001 serving clients in a range of industries

Supplier Select – Helps solving clutter
Consultants running RFP projects often face challenges:
Searching for previous RFP documents in share drives or emails
Adapting and merging spreadsheets or Word documents from previous projects
Reconciling multiple versions of rfp documents whilst collaborating with colleagues and clients
Building and maintaining complex scoring and weighting formulas in spreadsheets
Re-evaluating the same RFP responses from the same vendors for different client projects
SupplierSelect addresses these challenges with a web-based platform that saves time and enables collaboration and transparency

Supplier Select – Benefits Our consulting clients say SupplierSelect increases project-profitability by saving time
Project set up in minutes
Easy development of requirements (1)
Reuse knowledge between projects
Import questions from spreadsheets
Pick from range of predefined question templates
Scoring :
Auto-scoring questions
Scores imported from spreadsheet
Auto-populate scores for recurring questions during periodical review
“ Easy-to-use, particularly compared to much more expensive enterprise solutions. Very cost-effective” “ A life saver” “ With SupplierSelect we can bring down scoring time from two weeks to two days.” “ Great Tool, significant time saving” (1) Requirements are developed in the form of questions that Vendors need to answer. These questions are developed or uploaded in our online platform in which they can also be edited and added / deleted

Supplier Select – Benefits … and helps win clients by enabling collaboration and transparency
Collaboration with Clients and Vendors is easy
Multiple users at the same time
Easy definition of roles & access profiles
Clients can have access to information and collaborate on a project
Vendors can manage workflow
Clients like the insight & transparency
Easy to get updates - project status, vendor responses, audit trail
Easy to drill down to answers and scoring
Overview of results
“ We recommend it to multiple clients” “ Also liked by Vendors” “ Helps us win business” “ Clients like it” “ SupplierSelect detinitely differentiates us from the competition.”

Supplier Select – Vendor organizations
A large number of vendors in a wide range of industries has answered RFPs through SupplierSelect
Sample - Vendors:

Supplier Select – Summary – The smarter way to manage RFPs
For Professional Supplier selection, the Request for Proposal process is the de facto standard
However, the administrative challenges of drafting, issuing and scoring complex RFP questionnaires are significant
Supplier Select addresses these issues by providing one web-based platform dedicated to manage and streamline the RFP process
This helps buyers to focus on the main task at hand: choosing the right supplier, by framing the right questions and evaluating responses in an educated way
Supplier Select has a proven track-record in RFP management in a wide range of industries

Supplier Select

SupplierSelect RFP Tools for Consultants

by Patrick Dobbs on Apr 14, 2011

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SupplierSelect RFP Tools for Consultants — Presentation Transcript