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Health Plan RFIs and RFPs

Hundreds of SMEs across dozens of functional areas. Thousands of questions. Niche portals like ProposalTech and AON TBS.

If you're a Proposal Manager at a health plan provider, your needs are unique. Vendorful is the only RFP response solution designed specifically to address them.

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Why work with us

Time Is Money - especially sme time

Do your SMEs enjoy participating in RFIs and RFPs? We doubt it.

But we promise they love seeing a draft response that is mostly pre-populated with accurate, contextual answers.

Vendorful maximizes the accuracy of pre-populated answer compared to legacy platforms. That minimizes SME effort.

Also, by letting Vendorful pre-populate your answers, you get the draft in front of your SMEs sooner, giving them more time to make their contributions.

teamwork is everything

Having trouble keeping track of document versions over email? Getting lost in endless email threads?

Vendorful provides a fully collaborative, centralized workspace that eliminates version control and email problems.

Right inside Vendorful you can:

  • Assign and reassign questions (including to multiple SMEs)
  • Track the status of answer reviews and approvals
  • See a full audit trail of changes

We know Health Insurance

Vendorful is the only RFI/RFP response solution with built-in support for the portals that dominate the benefits space, like ProposalTech and AON TBS.

We are also the only solution to combine an AI-native approach with advanced collaboration features. That means we drastically reduce the amount of input you gather from SMEs on most of the 1000+ questions you might see on an RFI. But it also means we handle the complex team coordination required for the questions that require it.

That unique combination makes us the Strategic Response Management solution of choice for health insurance providers.

A whole new level of Productivity

Imagine starting your next RFI response with 40, 60 or even 90 percent of the questions already answered accurately!

1.

Problem

Requests for Information (RFIs) and Request for Proposals (RFPs) are essential parts of the health insurance industry. They are used to assess the risks associated with a potential investment or business relationship. However, completing each RFX is a time-consuming and challenging task involving coordination of dozens of experts per event, which can be overwhelming and prone to errors.

2.

Solution

Vendorful's solution helps Proposal Managers overcome these challenges by automating the RFI and RFP completion process. We gather and analyze data from all of your available content sources - not just Q&A data or completed RFIs and RFPs. This reduces the time and effort required to respond. It not only saves time but also reduces the risk of errors and improves the accuracy of the information provided.

3.

Proof

You are not alone in the world of benefit plan RFX! Providers using Vendorful see accurate answer completion rates of 40 to 90 percent (depending on the condition of their content library) from day one. And it only improves over time as you use Vendorful more and more.

Care to imagine the ROI on a 90% reduction of the time and effort of drafting an RFI response? (Hint: it's big.)

Exhausted by health plan RFX? We hear you and we have the solution.

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