Loopio Introduction
Loopio is a cloud-based RFP (Request for Proposal) response software platform that helps enterprises streamline and automate their process of responding to RFPs, RFIs, DDQs, and security questionnaires through AI-powered content management and collaboration tools.
View MoreWhat is Loopio
Founded in 2014 and headquartered in Toronto, Loopio is a leading RFP response management platform trusted by over 1,500 world-leading companies including IBM, Thomson Reuters, Citrix, and FedEx. The platform is designed for proposal, sales, and security teams to efficiently manage and respond to various types of business questionnaires and information requests. It provides an intelligent content library system combined with automation capabilities to help organizations respond to RFPs faster while maintaining high-quality responses.
How does Loopio work?
Loopio works by centralizing an organization's RFP response content in a searchable library where teams can easily access, update and reuse approved content. The platform's Magic automation tool can automatically identify and suggest relevant responses from the library to answer common questions. Users can import requirements from various formats (Word, Excel, PDF, web forms), collaborate with subject matter experts through integrations with tools like Salesforce, Slack and other CRMs, and track projects from qualification to completion. The platform also includes features for content reviews and updates to ensure information stays current, as well as reporting capabilities to measure response metrics and success rates.
Benefits of Loopio
Organizations using Loopio report significant improvements in their RFP response process, including a 51% increase in response completion rates, 85% higher win rates, and a 42% reduction in time spent crafting responses. The platform helps teams avoid duplicate work by maintaining a central knowledge base, enables better collaboration across departments, and provides data-driven insights to optimize the response strategy. Additionally, the AI-powered automation helps teams scale their response capabilities without adding headcount, while maintaining consistent, high-quality proposals that align with company standards.
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