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ROI Calculator Estimate the savings you could gain from using RFPMonkey.com
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Visit these links to learn more about RFPMonkey.com and how we can help you win more business through better, more timely RFP responses.

Time is Money.  Save Both with RFPMonkey.com

The Return On Investment for using RFPMonkey.com increases with the amount of data you categorize and store, and the number of RFP's your company responds to in a given period.  To help you estimate your savings, we've just created an ROI calculator for you to download and  use.  Just enter some information about your RFP load and the value of your employees' time and the ROI calculator will show you how much money you can save.  Money is saved by reducing time spent responding to RFPs.  The time savings comes from features like these:

  • Centralization - Keeping RFP information in a central repository makes searching and maintaining the data much more efficient. This saves time for every RFP responder.
  • Content Rating - By collecting feedback from users on each RFP entry, you can decrease search time by flagging specific entries as Excellent, Good, Average, or Bad.  This helps users quickly locate the quality responses they need, and helps maintain quality by identifying entries that need to be improved.
  • Content Aging - RFPMonkey.com allows you to automatically "expire" older information by setting entry aging to 90 days, 180 days, or 365 days.  Older entries in your repository will be demoted from Approved status to Pending status and removed from general use.  Once an approver reviews expired entries, they can be re-approved immediately or after updating them to keep them current and relevant.  This raises the overall quality of your repository and saves time by eliminating time wasted reading out-of-date information.
  • Improved Communication/Distribution of Info - Every time a new entry is added to your repository or updated, you can have the system send email notifications of the new or improved entry to your RFPMonkey.com users.  Disseminating your RFP-related information this way raises overall knowledge of the issues and reminds users to use and to contribute to the data store.

 Download the RFPMonkey.com ROI Calculator

Quick Tip: Key Words Improve Search Results
The search phrase you enter will be searched for across entry questions, answers, and comments.  So if the text of the actual entry already includes words and phrases that will likely be used for searches, then key words may not be needed.

Use the Key Words field to capture alternate spellings, related concepts, acronyms, etc. that your users might search by.  For example, you might consider adding "bios" and "management biographies" to an entry that already includes the word "biography".  This will help users locate the right information without having to already know how it is stored.

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