From the Trenches: A Founder's Take on RFP Hell

Tony Kim

on

Jul 12, 2024

During my time in the blockchain industry, I completed over 150 complex, technically demanding RFPs for Tier-1 banking institutions. It was a grueling process that highlighted a major pain point in Due Diligence: the dreaded Request for Proposal (RFP).

As our company grew, so did the flood of RFPs and security questionnaires. What should have been exciting - more potential clients - quickly became a recurring headache. Here's why:

  1. We were stuck using outdated processes, often relying on memory to rewrite responses.

  2. Our "RFP software" was basically just a fancy spreadsheet that still required tons of manual work.

  3. Finding past RFP responses was a nightmare - they were scattered across different folders and systems.

  4. Due to a very strict vendor onboarding process, our Swiss-based company would not allow me to use providers that leverage OpenAI APIs directly.

I kept thinking, "There has to be a better way." That's when I started exploring how AI could transform this process.

Introducing Zephior: The RFP Solution I Wish I Had

Zephior is the tool I dreamed of having during those late nights writing RFPs. It's designed to take the pain out of proposal management for B2B companies. Here's what it offers:

  • A central knowledge library that's easy to maintain

  • AI-assisted, high-quality response generation

  • Massive time savings - we're talking up to 20 hours per RFP

  • Improved accuracy and consistency in responses

The Future of Due Diligence

With Zephior, I'm hoping to free professionals from the RFP grind. By automating this process, we can all focus on what really matters - innovating, managing risks, and serving our clients better.

I've been in your shoes, drowning in RFPs while trying to grow a business in a highly regulated industry. Zephior is my attempt to solve this problem not just for myself, but for all of us in the B2B world.

Ready to say goodbye to RFP headaches? Let's talk about how Zephior can transform your approach to due diligence.

Sincerely,

Tony Kim

Join innovative companies transforming their RFP process