RFP management has come a long way. Here is a look at its evolution ...

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RFP MANAGEMENT PAST. PRESENT. FUTURE. RFP management has come a long way. Here is a look at its evolution through time. 1985 ORIGINS OF THE RFP

1987 “We are the World” tops the charts in April

THE PROPOSAL IS LIMITED TO AN ADMIN TASK

Black Monday stock market crash occurs on Oct. 19

GOVERNMENT MUNICIPALITIES DOMINATE THE USE OF THE RFP

1992

Fall of the Berlin Wall

PROCUREMENT GOES ELECTRONIC

1994

1989

Bill Clinton elected President of the U.S. FASA makes procurement process electronic

RISE OF THE INTERNET PUSHES PROPOSAL MANAGEMENT FROM PAPER-BASED TO ONLINE

Qvidian founded

1995

1996

1997 www

Passage of HIPPA and PCI

RFP

The Dot-Com Bubble begins

USE OF THE RFP EXPLODES; VOLUME REQUIRES TECHNOLOGY TO FILL THE VOID

COMPLIANCE & ACCOUNTABILITY Enron scandal hits the headlines

2004

2009

2001

Passing of Sarbanes-Oxley (SOX) legislation

Height of The Great Recession

THE RISE OF AUTOMAT ION 2010

INDUSTY BENEFITS FROM SAAS AND MOBILE TECHNOLOGIES Affordable Care Act signed into law

2011

2016

Next generation RFP management solution

First wave of Baby Boomers turn 65

WHAT’S NEXT? The evolution of RFP Management will see some profound advancements in the coming months. Qvidian remains on the cutting-edge of shaping the future to ensure RFP and proposal managers can achieve great success. Subscribe to the Qvidian blog to keep up to date with what’s next, and how you can stay ahead of the curve.