As organizations increasingly aim for hyperautomation, traditional Requests for Proposals (RFPs) are being replaced by Bake-offs in various industries. This article delves into the benefits of this shift and provides valuable guidelines for the evaluation process.

The Rise of Bake-offs

Bake-offs are gaining traction over RFPs as they offer a hands-on, efficient approach to identifying solutions that meet organizational needs. While RFPs can be thorough, they often involve lengthy requirements gathering and implementation processes that may not suit organizations seeking flexibility and speed. 

Selecting vendors in the realm of conversational AI and hyperautomation is a matter of finding the best experience. This critical experiential design component is nearly impossible to decipher from the mountains of content and checkboxes in a typical RFP. 

These technologies need to be experienced first-hand in order to make informed decisions. Judging a chef’s abilities based on their resume and accolades wouldn’t be nearly as effective as tasting their food. This journey is no different

The Advantages of Participating in Competitive Bake-offs

Guidelines for a Successful Bake-Off

1. Define objectives and evaluation criteria. Determine your hyperautomation goals and establish criteria for evaluating platforms or vendors.
2. Select the right participants. Invite vendors or platforms with proven expertise in conversational design and hyperautomation.
3. Encourage competition and collaboration. Motivate vendors to showcase their best solutions while collaborating with your organization to address specific challenges.
4. Evaluate results objectively. Assess POCs based on predefined criteria to make informed decisions.

What Does a Bakeoff look like at OneReach.ai?

“When we start a bakeoff process, we set goals collaboratively with prospects. Clearly defined success criteria are a must-have before we begin. There is a dedicated project manager on the OneReach.ai side that handles the bakeoff. Our prospective customers give us tasks and see how we build solutions. We show one or more rapid prototypes and also show our customers how we build them. The prototypes we share include demos of both the happy path (best-case scenario) of the conversational solution and exception handling when something goes wrong.”

Kevin Fredrick, Managing Partner at OneReach.ai

RFPs vs Bake-Offs: A Comparison

Conclusion

RFPs are often extensive due to the intricacies of hyperautomation. A brief proof-of-concept trial could expedite these procedures. 

Yet, not all organizations have fully transitioned from RFPs to these trials; often, both are combined in the procurement process. If you need guidance on what to query in your RFP or during a trial, feel free to schedule a call with us.