How can smaller organisations bid like their bigger competitors?

Bidding can often feel like a shot in the dark for smaller businesses. With every new bid, they see questions that they have never seen before, leading to them either guessing their way through the response, or abandoning the bid altogether. Larger organisations have a distinct advantage. With deep bid libraries of past responses and dedicated bid teams, they can piece together 50-70% of their bid responses before they even start to refine them and tie them into the buyer requirements. Given that bidding tends to be a race against the clock, this provides a significant leg up.

Smaller organisations, on the other hand, face significant challenges. They are unlikely to have access to a robust library of trusted content. If they do have some resources, these often fall short of meeting the different requirements of different buyers. This leads to a labour-intensive process involving guesswork, late nights from overworked Managing Directors, and sometimes the costly help of external consultants.

Bridging the Gap with BidVault

This is where BidVault comes into play. Designed by Bidding Limited, BidVault aims to level the playing field by providing smaller organisations with the tools and resources that larger companies take for granted. With BidVault, businesses with under £5m turnover can access a deep library of expertly crafted bid content and far, far more.

Key Benefits of BidVault:

1. Comprehensive Content Library: BidVault features an AI-searchable library of over 200,000 words of continually updated model bid content. Covering key bid topics and core categories such as Social Value and Information Governance, this resource ensures that smaller organisations can immediately nail the tone, structure, and quality of their responses without needing their own bid team or library.
2. Training Resources: The platform includes video training content delivered by an APMP award-winner, providing invaluable insights and strategies to enhance bid writing skills.
3. Tender Search and Alert Tool: BidVault’s Tender Vault helps SMEs find the right opportunities within the platform itself, eliminating the need to search public portals or pay for a third-party tool.

Imagine the Difference

Let’s focus on the transformational impact BidVault can have for smaller organisations:

Before BidVault:
– Managing Directors Burning the Midnight Oil: Business leaders staying up late, trying to piece together bids with limited resources and experience.
– Reliance on Guesswork: Without a robust bid library, smaller organisations often rely on guesswork to meet the varied demands of different buyers.
– Costly Consultants: Occasionally, SMEs might hire expensive external consultants to fill in the gaps, which is not always a viable long-term solution.

With BidVault:
– Immediate Access to High-Quality Content: With over 200,000 words of expertly written content, SMEs can start with a solid foundation for their bids.
– Polished, Professional Bids: Access to well-structured, high-quality content ensures that bids are polished and professional, increasing the chances of success.
– Efficient and Cost-Effective: BidVault provides all the tools and resources needed, eliminating the need for costly consultants and reducing the time and effort required to put together a bid.

Conclusion

BidVault is not just a toolkit; it’s a powerful equaliser. By providing smaller organisations with the resources and tools they need to compete on an equal footing, BidVault helps them unlock new opportunities and win more work. For businesses with under £5m turnover, it’s a priceless asset at an affordable price, transforming the bidding landscape and empowering SMEs to achieve their full potential.

If you’re ready to really improve your bidding process and compete with the big players, BidVault is your solution. Explore our platform and discover how we can help you bid like a pro, without the cost barriers.