Increase revenue, reaction times & quality for RFPs
Use LLMs to quickly parse incoming long RFPs from potential clients to summarize key elements and potential gaps to current / standard offerings
Incoming RFPs are often very long and you only have a few weeks to properly address them. This often leads to overtime for the teams working on it or even to insufficient quality and lost revenue.
Solution
LLMs allow to quickly screen incoming RFPs from potential customers, summarize its key elements and make a gap analysis to existing offerings.
They can even help answer the RFPs and fill out potential forms of the clients faster and using the custom knowledge of the company.
Currently this is not a fully automatic system but rather a co-pilot for existing employees.
Evaluation
This is a very promising use case which I personally have not seen in action yet. However i would love to do a pilot here to see it in action. Potentially it has a very high upside since it is not "only" a cost saving measure but potentially directly increases your revenue via better quality & faster reaction times.