Increase the speed of proposal creation through a PSA Software 

January 31, 2024


Designing professional proposals that are highly detailed and aligned with project goals are important to professional services firms across industries. Automating this critical aspect of opportunity management is the key to improved productivity, better quality, and data-driven decision-making. PSA software solutions can offer significant value in this domain specifically.  

Increasing the speed of proposal creation, through a proposal automation software function, can help firms respond to requests quicker which improves their probability of client acquisition. Enhancing the agility of proposal teams can also improve proposal outcomes as rectifications, scope alignment, and resource changes can be made much faster to fulfil requirements.  

Automation enhancing speed of development 

PSA software solutions expedite proposal creation owing to the integrated benefits of automation and analytics. Automation of workflows, data processing, and calculation, allows managers to quickly develop high quality proposals that meet client requirements.  

Proposals that are automated are also less error-prone, as they are standardized and updated regularly. This improves agility of proposal creation, which expedites the process considerably. There is lesser risk of proposal quality issues, as the entire workflow is automated to comply with outlined guidelines.  

Leveraging a systematic workflow of proposals 

A key objective within the professional services domain is to structure and scale proposal development operations. A major challenge for firms has been to track all proposals developed, follow-up, and accommodate inputs when required. A professional services automation software can help provide a workflow-driven model for streamlining the process.  

Incorporating a workflow within proposal development helps standardize the process, which boosts output speed for teams preparing documentation. The best PSA tool solutions improve collaboration, which is key for optimizing proposal development through a single workflow system. It also enables firms to closely monitor profitability and margin metrics when creating proposals. 

Centralization of proposal and project data 

An important area of optimization that PSA software introduce is the centralization of proposal information and insights. Key proposal insights, such as estimates, rates, and resource requirements, can be referenced by team members developing complex proposals.  

The improved access to proposal data helps streamline project delivery with all team members being aligned with singular project goals. It also boosts project management capabilities with lesser risk involved with unforeseen costs and changes in scope of work. The overall impact of data centralization is faster proposal development and ease of execution post-onboarding.  

In conclusion 

Leveraging the right PSA software solution can help expedite proposal creation and empower managers to close opportunities with greater precision. Automation also helps align resources and assets to better quality proposal creation, within a highly standardized working environment. Digitization within proposal creation can significantly lower time and cost of proposal creation at-scale.  



ProductDossier - The makers of TouchBase PPM solution, that is configured specifically to the needs of your industry and organizational standards & processes. TouchBase is designed uniquely for external customer projects, new product development, and internal initiatives. TouchBase supports multiple project management approaches such as predictive, agile, and hybrid. TouchBase digitizes your project management landscape, offers holistic solution to your project management needs, and integrates with your existing enterprise applications such as ERPs, CRMs, Accounting, and others - to deliver one version of project management truth!