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How Firms Can Best Leverage Proposal Software


For the accounting profession, almost 90 percent of firms report that a cultural shift is leading to an increase in the need for updated technology to assist with traditionally lengthy tasks such as business proposal development. However, 50 percent of IT leaders are still struggling to keep up with the pace of upgrading legacy technology.

Jun 10th 2022
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With available proposal management software, accounting firms can leverage artificial intelligence (AI) and automation tools to accelerate their digital transformation plans.

Through this cloud-based software, firms can decrease non-billable hours spent on proposal development, encourage client-centered team collaboration, and gain important insights from key data analytics to better understand what content leads to new business opportunities. 

Automation and Improved Data Insights 

According to a recent study, one-third of accounting teams spend anywhere from 51 percent to 75 percent of their time on repetitive tasks such as business proposal development. As a result, 56 percent of accountants say they need automation tools to keep up with their daily workloads.


With proposal management software, firms can efficiently create high-quality documents through auto-fill capabilities, intuitive integrations, and up-to-date content libraries that produce personalized proposals for each client. 

Through its AI-powered features and automation tools, proposal software suggests the most engaging content to use in requests for proposals (RFPs), allowing firms to streamline the time-consuming proposal development process while still attracting new clients and edging out competitors. Recent research shows that 70 percent of companies can process higher volumes of RFPs per year with proposal creation software, increasing their chances of winning business from new and existing clients. 

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