RFPIO, a leading provider of cloud-based RFP (Request for Proposal) response software, has been selected as one of the Portland Business Journal’s 2017 Small Business Innovation Award winners.
The honor is awarded to 15 local small businesses that provide a compelling product or service that demonstrates excellence in innovation, design, industry impact, efficiency and revenue growth. The Small Business Innovation Awards program is now in its fifth year.
RFPIO provides technology to streamline proposal management efforts by automating repetitive tasks, centralizing responses for RFPs and security questionnaires, and encouraging collaboration among key stakeholders.
The company joins 15 other local businesses as winners of the award. Earlier this year RFPIO was selected as the top proposal management software on G2 Crowd, a popular software review platform, based on user reviews from happy customers.
Ganesh Shankar, CEO at RFPIO, said, “I’m so happy to hear the news that we are one of the winners of this award. We have clients around the globe that have voted us a high performer in our segment, so it is further validation to be recognized at home. We are thrilled to be a part of the thriving tech community in Portland and are honored to be among our fellow winners.”
Since RFPIO’s launch, the response from clients and supporters has been overwhelmingly positive. On average, companies spend 20-40 hours on a single RFP response. With RFPIO’s innovative technology, organizations are saving 40 to 50 percent on RFP response completion. This massive time and resource savings empowers teams to participate in more proposals, provide high quality responses and create additional revenue opportunities.
Portland Business Journal’s Director of Events, Lexy Garbarino, said, “These awards are a celebration of entrepreneurship in the region. The companies we’ve chosen have cutting edge products and state-of-the-art services that have the potential to be market changers.
We are bringing together investors and people who are interested in these products and services to help the award winners grow and gain exposure,” she said. Garbarino added that the number of nominees had grown significantly from the previous year.
Winners will showcase their product or service and be honored at the awards ceremony on November 1 at the Hilton Hotel in downtown Portland. Tickets are available to the general public on the Portland Business Journal’s website.