RFP Software

Frequently Asked Questions

• What is Loopio used for?

  Loopio helps teams respond to RFPs, RFIs, DDQs, and security questionnaires with ease. Our powerful platform is designed to simplify and streamline any request in your sales process.

   

  You can use Loopio to tackle:

   

  • Requests for proposal (RFPs)
  • Requests for information (RFIs)
  • Requests for quotes (RFQs)
  • Due diligence questionnaires (DDQs)
  • Security questionnaires (SQs)
  • Any customer question

   

  With Loopio, teams can complete a first draft in minutes, collaborate efficiently, and ensure consistency across their responses.

   

  Let us take care of the tedious tasks, so you can focus on producing high-quality responses that win more business.

   

  Curious to know more? Browse Loopio pricing plans to find the best one for your organization.

• What is RFP software?

  RFP software—also known as Request for Proposal software—helps organizations effectively manage and scale their responses to RFPs.

   

  RFP software (like Loopio), provides a structured way to manage the entire RFP process with ease. It helps teams:

   

  • Track progress at a bird’s eye view
  • Collaborate with subject matter experts (SMEs)
  • Automatically generate a first draft (based on past RFP content)
  • Easily search for answers in a robust content library

   

  Many organizations are switching from RFP spreadsheets to software in order to maintain a competitive advantage. It enhances efficiency, consistency, and helps companies effectively scale to win more business.

   

  Want to learn more about how other organizations use RFP software? Read Loopio’s Customer Success Stories.

• How much is RFP software?

  The cost of RFP software varies depending on the platform, features, and the size of your organization. Most RFP platforms offer different pricing plans to accommodate different company sizes and industry needs, ranging from basic functionality to features that support the complex workflow of a large global enterprise with tens of thousands of users (like a global bank).

   

  At Loopio, we offer flexible pricing options to cater to organizations of all sizes. To get an accurate quote tailored to your specific requirements, we recommend you book 15-minutes with our sales team, to explain what your company is looking for.

• What type of support does Loopio offer?

  ​​Our award-winning Support and Customer Experience teams offer speedy technical help and sound strategic advice at every stage of your growth.

   

  ​​Here’s what you can expect from Loopio’s team:

   

  • Quality change management: From migrating content to mapping new workflows, Loopio’s team creates a smooth experience for your entire organization
  • Strategic onboarding: Experienced enablement managers help you define, build, and execute your onboarding plan
  • Training that scales with your team: Loopio’s customer education team offers on-demand and live training sessions to guide your organization, at any stage in your journey with us
  • Unlimited customer support: We’re known for our helpful support team, who are available to answer any questions you might have. We take pride in providing the industry’s best customer support, with a score of 9.7/10 on G2 for our outstanding customer support

   

• What’s Loopio’s approach to Generative AI?

  Loopio prioritizes a thoughtful, trusted approach to AI. To us, that means placing control of AI in the hands of people like you. After talking to hundreds of customers, we developed three main pillars that guide our long-term approach to generative AI:

   

  • Trustworthy sources: ensuring that the sole source of information is your trusted library (not the internet), so you know the information generated is original and relevant.
  • Human ‘copilots’: our interface is intuitive so that SMEs and other teammates can easily review and improve generated results.
  • Customer choice: at both the account and individual level, every customer will be able to opt in or out of AI.

  
  

  Over the past four years, Loopio’s expert team of data scientists and machine learning (ML) engineers have built an array of innovative AI features. The technology they’ve built, alongside new GPT advancements, will help usher in a new era of efficiency for RFx teams.

   

  Learn more about Loopio’s powerful AI toolkit.