SiftHub accelerated our RFP and Client Questionnaire responses with AI
Use Cases and Deployment Scope
I use SiftHub for answering all the Client faced documents like RFP questionnaires, Due Diligence questionnaires and in day to day questions that I have on Company's policies
Pros
- All the relevant resources are conveniently located in one place, which makes it easier to find the answers I need. And the chrome extension eases the process.
- SiftHub has been helpful to me when it comes to answering lengthy and detailed questionnaires that I receive from both prospective and existing clients. These questionnaires are either for RFP's or for Vendor Due Diligence
- Internal collaboration helps me to coordinate with all the teams who are responsible for filling up the questionnaires. Also it helps me in evidence collection which I can locate from the source of the answers that are generated using SiftHub
Cons
- I use SiftHub for getting answers for different entities and the answer that I receive is not specific or related to the entity that I need answer for
- The web application can be made more user friendly as i use chrome extension more often than not as it is a bit complicated.
- Evidence attachment feature is missing. There are questionnaires that needs evidences to be attached that we are doing manually as of now
Likelihood to Recommend
Best suited for the scenarios where a Company receives a good number of RFP's/tenders or any questionnaires from their customers and there are different stakeholders internally who are responsible for entering the answers and approving it as well.
Less appropriate where company has not maintained the documents or repository that is must for generating the relevant answers. Also companies which have lesser RFP participation may not use the tool that much