As we embark on a new year, no doubt with ambitious sales targets to achieve, its worth considering ways to boost your bid success! A big part of that is ensuring your tender management practices are effective. It is a good time to reflect and review last year’s performance and plan improvements. In this blog
Seasons Greetings to all. Secret Santa is a long-held Western Christmas tradition which we thought would be fun to celebrate. So, we have drawn names out of a hat for our customer, Seven Sciences, and have presents to share. Seven Sciences is implementing TenderEyes Bid Management Software in the New Year. So our presents come
In the intricate landscape of tender management, success hinges on a strategic approach that combines precision, persuasiveness, and adaptability. The TenderEyes 4 Cs Model consists of 4 elements - Compliant, Competitive, Compelling, and Convincing. This serves as a robust framework for organisations aiming to navigate the tender process with finesse. This blog introduces each
Tender Win Rates is the number 1 metric you need to monitor and regularly report on. But is it one of those metrics that you take for granted and never question? This is the litmus test for tender success – the equivalent of the finance Acid Ratio for business liquidity. Your win rate and changes
We are more than halfway through the year, and you haven’t had time to breathe or take stock. But it is important to take a step back and review your tender results - both wins and losses. There is much that can be learnt from analysing your results and establishing if you are hitting
Securing lucrative contracts through tenders is a highly competitive activity. But one fraught with challenges, especially in securing high-quality content for submitted responses. Having a comprehensive Bid Library is a game-changer in resolving content issues. In this blog, we'll explore the benefits of implementing a Bid Library for use by your Bid Team, Subject
With many Bid Teams still reliant on generic business tools to complete their bid activities, the use of Artificial Intelligence (AI) seems a bit of a dream! Or is it? In this second part of our AI series, we explore how Artificial Intelligence and machine learning technologies are already being harnessed within TenderEyes Bid Management
Artificial Intelligence (AI) is currently grabbing the headlines! But what potential do these new technologies have in the tender management world and are they a good thing? In this first of a two-part series, we look at the pros and cons of AI within business and its potential in the sourcing and completion of tender
What is a Tender Management System? This appears to be a straightforward question! But we know from Google search results and our own prospect enquires, it’s a little more complicated to answer. As we discuss in this article, it is a term used in various ways by those involved in different areas of procurement and
Can you imagine compiling a tender without Subject Matter Experts (SMEs)? It’s just not possible. SMEs possess specialised knowledge and expertise that is crucial to creating winning tender responses. However, this requires effective collaboration between Bid Teams and SMEs, which can be challenging. In this article, we explore how Bid Teams can strengthen collaboration with
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