HOW TO CONDUCT A SUCCESSFUL TRAVEL RFP

the journey to a better travel management partner

Starting a full RFP (Request for Proposal) / tender process can be an overwhelming prospect. Various elements such as which suppliers to invite, what questions to ask and how to evaluate their responses present their own challenges.

Gray Dawes is here to help you better your experience by running through each element of the RFP process to enable you to partner with a Travel Management Company (TMC) that is ideal for your business.

Where to begin

Business travel touches many people across a business. As such we would recommend meeting your internal subject matter experts to understand how the programme affects them and how the TMC can bring more value to their teams:

  • Key bookers
  • Key travellers
  • A member of HR
  • A member of the Finance team
  • A member of the IT team

Their experience and knowledge of departmental processes (e.g. invoicing and payment for Finance) will be key when building question sets that bring palpable responses.

Who to invite

Creating your own shortlist can be done easily if you know where to look and the best places to start would be:

If you hold a good relationship with a TMC and have reviewed their standing in the UK market, it would be worth including them on your shortlist.

What to ask

Within an RFP, structure is everything. We would suggest building a list of chapters of the key areas for your travel management programme and working from there. For example:

  • Executive Summary
  • Online Booking Tool Content available, functionality, mobile app compatible
  • Service Delivery Team – Size of team, location, experience, SLAs
  • Account Management – How will they drive performance, experience
  • Reporting – Dashboard availability, live reporting capability, frequency of reports
  • Implementation – Time frames, key personnel
  • Added Value – Cost savings, additional services, tangible and intangible benefits
  • Commercials – Compliant and premium models

Take the information gained from your internal review and reach out to your key bookers, their insight into the day to day operations will enable you to gather a list of salient questions to really tailor the RFP to your business.

Setting timelines

As part of your early engagement with your shortlist of suppliers you should inform them when the RFP will be released, giving them the opportunity to research your business, plan the necessary internal meeting to discuss the bid and build it within their prospect pipeline.

Within your RFP documents you should dedicate a section that details all of the key dates within a table so that it is clear and all in one place for the reader. For example:

 

ActivityDate
Release of RFP documents to supplier8th April
Clarification questions from supplier15th April
Responses to clarification questions22nd April
Submission of supplier responses6th May
Supplier shortlisted11th May
Supplier presentations18th May
Successful supplier announced1st June
Implementation6th July
Go Live3rd August

Evaluation matrix and weightings

Comparing suppliers is a challenging exercise, there will be numerous responses written and presented in different ways.

One method to take the strain from your evaluation is to create a weightings matrix which can be shared with the suppliers within the RFP document. A weightings matrix simply breaks down what is important to your business and the areas to focus on for the supplier. From a client side it will present a ‘scoring card’ for the evaluation process.

Scoring:

0-5%: Supplier meets some of the requested criteria

6-14%: Supplier compliant

15-20%: Supplier displays excellent understanding of our requirements

 

Section Weighting
Executive Summary30%
Cultural alignment10%
Service10%
Technology10%
Content10%
Commercials20%
Added Value10%

Presentation stage

Once a bid has been submitted and evaluated you are ready to conduct the presentation stage. This can be carried out at your office, the supplier’s proposed operations centre or in this current climate over WebEx / Zoom.

It would be beneficial to share an agenda of topics that you want to be covered – this provides a ‘yard stick’ for you to evaluate the suppliers. If there is no agenda, your ability to score the presentations will become near impossible.

And the winner is….

Now time to share some good news! Once you have informed the TMC they have been successful they will take the reigns for you and begin the transition and implementation process until the go live date.

And they booked travel happily ever after….

Thank you for reading, any questions?

We hope that this high level run through of the RFP process has been helpful. Should you have any questions or require any further insight please contact our Bid Manager, Jamie Mitton ([email protected]) who will happily chat through all things RFP related.

We will be sharing a white paper on this topic very soon; delving deeper into what makes a strong RFP from both the client and suppliers perspective.

Keep an eye on our Working From Home blog for that piece and further interesting articles to get you through the following weeks and months of working from home.

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