Frequently Asked Questions

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Bid or No Bid is a platform designed to assist companies in making informed decisions about whether to bid on a project/tender or not by analysing RFx (Request for Proposal, Tender, Quotation, Information, etc) documents and company profiles. 

Bid or No Bid helps you save time and resources by using artificial intelligence (AI) to quickly analyse RFx documents and reduce the turnaround time from days to minutes, identify key requirements, and remove personal biases from the decision-making process. 

The platform uses artificial intelligence (AI) to analyse RFx documents, extract essential information, and provide a summary of key aspects by allowing you to upload corporate information to identify potential issues. By analysing both of the information, it will give a final score which can be helpful in making data-driven decisions. 

No, Bid or No Bid provides valuable data and insights to help you make an informed decision, but the final decision is still made by your team based on the platform's analysis. 

Bid or No Bid considers factors such as profitability, capability, historical analysis, long-term strategy, risk assessment, and compliance with essential requirements. 

The platform aims to provide a quick decision, typically within minutes, whereas now traditionally the process takes days and months. The decision is based on the analysis of RFx documents and available organisational data provided. 

Bid or No Bid takes data security seriously and employs robust measures to protect your corporate information. We're built on Microsoft Azure, ensuring top-notch security for your data. Unlike some platforms, we don't use your data to train our models or make it public. Azure is trusted by 95% of Fortune 500 companies, so should give a sense of security to all customers. 

Yes, the platform is designed to analyse various types of RFx documents (including Request for Proposal, Tender, Quotation, Information, etc), be it related to any type or sector of industry. 

The pricing structure for Bid or No Bid varies based on usage. You can inquire about subscription plans and pricing options on our Pricing page.

Yes, Bid or No Bid offers early adopter trials for companies interested in testing and providing feedback on new features and improvements. Find out more at our Waitlist page.

Subscribers to the platform receive regular updates on the latest features and improvements, ensuring they have access to the most effective tools for making informed bid/no-bid decisions. Contact us and check the Subscribe box to find out more.

Our goal is to make Bid or No Bid available in several other languages and will be releasing updates as part of our continuous improvement. Contact us to discuss your options and to stay in touch.