Proposal Management

Proposal management is creating, submitting, and tracking a sales proposal or bid submitted in response to a request for proposal (RFP). It requires an organized approach to ensure that all necessary information is included in a proposal and that any changes made during the review process are tracked. 

Proposal management also includes monitoring for responses from potential customers and continuing to nurture relationships with them after the proposal has been submitted. 

Organizations can effectively manage proposals throughout their entire lifecycle to increase their chances of successfully closing deals.