Quickly respond to more RFPs with consistently perfect answers without maintaining thousands of Q&A pairs.
Conveyor's RFP response software -- powered by AI -- reads from external sources, company wikis, documents, and Q&A pairs to generate instant answers that are current and comprehensive.
The main difference is in the type of information requested and how the documents are used in the sales process.
An RFP is submitted by a company when trying to choose a vendor. It asks for detailed information about the particular products or services the buyer may be interested in purchasing. The vendor receives this document and returns whatever details may be pertinent. Typically, the answers are written with a sales and marketing bias as to present the company in the best light so they have a higher chance of being chosen for the shortlist of vendors to evaluate.
On the other hand, a security questionnaires are often a step in the B2B sales process after a vendor has been selected. The questions asked pertain to a vendor’s security and compliance procedures. The buyer’s IT team typically creates this, asking the vendor to provide all details concerning whether or not it meets the buyer’s security requirements. Answers for security questionnaires tend to be more technical and succinct without a marketing or sales spin.
RFP automation is a critical step for companies that want to streamline their dealmaking process and win more business. For most companies that want to automate RFPs, response software platforms offer the best possible solution. These software solutions help by generating answers to questions based on a content library.
Conveyor, specifically, uses generative AI to learn from any source material you connect it to such as documents, PDFs, external websites and support sites, company wikis, past RFP answers, and a question and answer bank. It then generates accurate answers to RFP questions. It also recognizes that an RFP requires more sales-ready answers than a security questionnaire and will adjust its answers accordingly.
There are also features that automate collaboration across teams such as tagging in subject matter experts and a visual project management board for RFPs that are in play.
RFP response automation can save companies a significant amount of time that would have been spent on answering the same questions over and over again.
Conveyor goes beyond what the typical RFP automation software platform can do and also automates security questionnaires and provides one-click access to security and compliance documentation through a hosted trust center.
It takes all of the manual parts of the sales process and speeds them up by at least 80% or more.
The software also integrates seamlessly into your existing workflows and software tools, making many elements of your internal processes run much smoother. It cuts down on bottlenecks, improves the accuracy of your RFP process and saves your team hundreds of hours they would have spent on answering questions.
Conveyor does not store any data on OpenAI. Furthermore, Conveyor has opted-out of allowing OpenAI to sample any data for the purpose of improving its foundational models.
All calls to OpenAI's API are server-to-server, meaning no client IP addresses are sent to OpenAI. OpenAI is not a subprocessor of personal data about your users or invitees, only of search queries (including questionnaire questions) and the contents of your Conveyor Portal to deliver search results and generative answers.
Conveyor has an agreement in place with OpenAI laying out the requirements and confidentiality of the processed data. All "learning" involves automated curation of customer-specific answers into that customer's specific Conveyor knowledge graph. No customer-specific answers ever go back into training customer-wide models.
Pricing is determined by the number of organizations accessing your trust center and/or number of questionnaires you process through Conveyor. Learn more about pricing here.