Strengthen Construction Bid Processes with Microsoft Dynamics 365

by | Updated July 5, 2017 | Construction, Dynamics 365 for Finance and Operations

As a growing construction company, you need to be able to respond quickly and accurately to RFPs, RFIs, and RFQs. Centralizing data streamlines and enhances estimating and business processes, giving you a competitive advantage. By building on insights from past projects, you can focus on profit-generating jobs and ensure skilled experts are involved even when they are busy in the field. Strengthen construction bid processes by arming your team with a unified management solution.

The bidding process is essential for competing successfully against other construction companies and protecting profit margins. However, disparate, specialty software makes it difficult for leaders to access reliable data for preparing estimates or to work efficiently with other experts when drafting and reviewing estimates. Download “Are You Ready for the Digital Transformation of the Construction Industry? ” to learn how connected information and added mobility will improve construction bid processes.

A connected, centralized management system, such as cloud-based Microsoft Dynamics 365, will accelerate the bidding process by first centralizing data from across your organization. With key data within easy reach, business leaders will be able to quickly access and use the information needed to prepare RFPs, RFIs, and RFQs. Added mobility, offered within Microsoft Dynamics 365, makes it easier to work with your colleagues in the field or busy contractors when creating a scope of work and cost estimates for a bid. Armed with reliable information, project managers can prepare competitive estimates that meet customer timelines and budgetary restrictions, while also generating profits.

5 Ways Microsoft Dynamics 365 Strengthens Bid Process

Microsoft Dynamics 365 connects your people with the necessary data needed to streamline and strengthen the construction bid process. Here are five ways this powerful mobile solution accelerates the bid process:

  1. Improve collaboration using automated workflows and templates to accelerate preparation, review, and approval of RFP and RFQ responses.
  2. Use mobile options to avoid bottlenecks and delays when key employees or experts are working on job sites.
  3. Generate accurate, profit-earning estimates using current and historical project data.
  4. Keep the focus on high-value customers and on projects that deliver the most profit.
  5. Track open bids, including win/loss information, to continuously improve estimates and bids.

Time is of the essence when preparing bids for construction projects and reliable data is key. Disparate, specialty software simply can’t deliver the responsiveness or accuracy needed when preparing RFPs, RFIs or RFQs. Download the eBook and contact Stoneridge Software for more information about using Microsoft Dynamics 365 to strengthen and accelerate your construction bidding processes.

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