by Brianna Crandall — March 19, 2018 — Due to the many requests from property and facilities managers frustrated with the request-for-proposals (RFP) and procurement process, technology provider Synlio now provides RFP automation to commercial real estate (CRE) managers and management companies.
Through an easy-to-use online application that works on both PCs and Macs as well as tablets and phones, Synlio streamlines the work required to create and manage RFPs.
The program is specifically designed for commercial real estate management, enabling property and facilities managers’ unique problems to be solved, says the company.
Instead of having to spend time coming up with questions for a service provider, Synlio has industry expert-created RFP scope-of-work templates built in to make it easy to ask the right questions for the job. The program also has thousands of network providers ready to submit proposals for CRE projects, but often property managers use their own trusted vendors, which the system allows as well. This combination of known and unknown providers ensures the best price and service fit for the project.
David Verwer, director of Operations for MODE Commercial Real Estate, commented concerning his firm’s use of the product:
Our firm regularly generates multiple RFPs on a weekly basis; the ability to customize the questionnaire to match our requirements has been a terrific time saver. [We’re] really pleased with the comparison/results grid, also.
Once the RFP is sent, Synlio uses a patent-pending engine to monitor and manage the RFP, including tracking how many vendors will submit bids, performing timely follow-ups with vendors to remind them to submit, and automatically replacing vendors who are unresponsive with new providers to help increase the number of returned proposals.
The company reports that not only have property and facilities managers been loving the capabilities, but service providers have also seen a tremendous amount of benefit from it as well.
Gina Rouban, general manager at Edge Building Services, a company that caters specifically to commercial properties, commented about her company’s use of the product:
Synlio is an innovative platform for the RFP process for both service providers and property managers! It’s very refreshing to see a customizable RFP platform that is Web based.
Through this innovative automation, Synlio solves many challenges property and facilities managers face by saving time, increasing professionalism, and finding the right vendors for the job.
Synlio is an RFP automation tool designed for building owners and property managers to more effectively and efficiently handle their RFP process. For more information, visit the company’s Web site.