Bid Management

The evolution of bids can be summed up as: more crucial, more complex, more of them. The competition in telecommunications, and the complexity of competitors’ offerings, has been intensifying for more than 20 years and that trend is accelerating with the blurring of conventional boundaries between IT and Telecommunications. Bids are inevitable team activities; a more complex bid involves a bigger team with more specialists. That said, as corporate downsizing and re-organization occurs, team members are less likely to be located in the same place. As a result, large, complex documents must be assembled, discussed and finalized remotely. In the closing stages of a bid, this may need to be done very quickly.

Meet your Business Goals

  • Improve response to bid opportunities
  • Cut costs
  • Manage bid teams more effectively
  • Reduce the need for costly meetings
  • Enable clear visibility of bid progress

Key Performance Indicator

  • Increase bid success rates and make more bids
  • Reduce time to create and orient the bid team
  • Meet targets in project budgets
  • Improve rate of on-time target achievement via access by senior management to full bid portfolio status information
  • Save time and reduce travel budget

OpenText helps you address these challenges with Enterprise Content Management (ECM) solutions for bid management which can provide collaborative team spaces, ready-made for bid projects, with the correct security levels easily applied through role-based permissions. In this way, workspaces can be created and individual team members co-opted almost instantly. With standardized workspaces, individuals will be instantly familiar with the look and feel and filing structures as they move from bid to bid.

ECM solutions from OpenText for Bid Management deliver this functionality with the following components:

Supplemented by Business Content (e.g., predefined workflows) to give you a head-start in configuring workstreams and processes, Consulting Services, Training and Support tailored to meet your requirements.