New QorusDocs Report Reveals RFP Software with GenAI can Add Millions in Annual Revenue

General News

Summary

Generative AI is a business-critical capability GenAI is the key to achieving gains in productivity and revenue by increasing operational efficiency, reducing labor costs and personalizing the client experience to strengthen loyalty and drive repeat business. Organizations report using GenAI for common tasks like: Researching and summarizing (46%), writing copy blocks (36%), executive summaries (36%) and bios (28%), answering questions in an RFP (34%) and quality assurance (14%). The surveys findings validate that AI is playing a critical role in streamlining our customers business processes to improve win rates and drive growth," said Ray Meiring, CEO and co-founder of QorusDocs. Generative AI impact When asked what AI benefits organizations expect going into 2025, 84% cited quickly drafting and optimizing content, 60% more time for personalizing, 56% better use of staff time, 40% simplifying content management, 36% checking responses and flagging risks, 34% greater response volumes and 32% increased win rates and greater revenue. QorusDocs enables business development, sales, marketing and proposal teams to collaborate seamlessly, optimizing billable hours and increasing client wins.

Classifications

industries
No industries detected
applications
Web and Content Management

AskAI Classifications

Labels
Proposal Management Software AI-Powered Proposal Software SaaS

Linked Companies

QorusDocs
$10M to $25M