RFP = Really Fast Paperwork
While we may have a great library of RFP responses, every new RFP has those challenging questions that will require creative writing. They’re always scenarios that no vendor (including the competitor) can address because prospects are looking to combine functionality from multiple security projects and have the SIEM tool save them budget or provide a “Swiss Army Knife” solution. These sorts of questions require clarification, advanced technical writing skills and consume hours while you ponder the final response.
An average RFP will be between 100-200 questions in length and take each resource approximately 20 minutes per question to research, cut and paste the answer, embellish, format and correct grammar before moving to the next question. With that in mind, it’s no wonder why a 100 question RFP would take an SE 30-40 hours to complete, much to the sales reps chagrin. Final formatting, cover letters and waiting for 5-10% of responses that have been farmed out to engineering, marketing or sales teams to complete, usually adds another 16-20 hours, thus totalling more than a week’s worth of work for the SE.
Now, if you don’t have an in-house, dedicated RFP response team, extensive knowledgebase or boilerplates, and you have limited SE resources that are busy with customer meetings, demos or POCs, now you have to increase the response time given that the SEs will only have time in the evenings to work on the RFP.
Having written RFPs in the past, I know it takes months to put together the requirements and agree on what product features you seek from vendors and then do your homework so you know what vendors to include in the response – yet the response deadline is usually between 7 to 15 days.
To streamline and provide appropriate resource coverage here are some things we tend to do:
- Assess the product fit and decline to respond if the RFP is clearly influenced with competitor differentiators
- Immediately ask for an extension (sometimes this is best done by the SE manager – never say you are too busy!)
- If working with a channel partner, ask them to assist in the responses (provide them with boiler-plates, past RFP responses)
- Evaluate the schedules of your SE team and determine who has the most cycles to contribute to the bulk of the work
- Consistently update a central repository of RFP knowledge with any unique questions discovered during an RFP
- Build response templates and distribute to the SE team immediately
- Get the Sales Rep involved during the RFP event, providing cover letters, company background, perhaps some of the easy technical questions
- Farm out a portion of the RFP to other SE organizations outside of your region
- Seek out internal project management teams that may be dedicated to RFP responses – they may be able to answer the easy questions, manage formatting, printing, binding and can manage the resource deadlines
- Establish and maintain relationships with some of the prospect’s technical owners, getting them to assist in wording, proposals or additional clarification questions after the question deadline (this is a gamble)