Loopio Pricing, Features, Reviews & Comparison of Alternatives

Loopio

RFP Response Software & Proposal Software for the Enterprise

4.61/5 (69 reviews)

Loopio overview

What is Loopio?

With Loopio’s RFP Response Software, enterprises can respond to RFPs, RFIs, and Security Questionnaires more efficiently. Intelligent and automated workflows enable companies to save time and collaborate seamlessly with their team and Subject Matter Experts (SMEs) to produce compelling and accurate responses.

Loopio is loved by Sales, Proposal, and Security Teams globally and is trusted by leading organizations including IBM, Thomson Reuters, Citrix, and New Relic.
www.loopio.com

Pricing

Pricing options
Subscription
Free trial
Value for money
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Devices

Business size

S
M
L

Markets

United States, Canada

Supported languages

English
Loopio screenshotLoopio RFP Response SoftwareLoopio screenshotLoopio screenshotLoopio screenshotLoopio screenshotLoopio screenshot

Loopio user reviews

Value for money
Features
Ease of use
Customer support
  4.7
  4.1
  4.8
  4.9
Anonymous

Easy to import questions and export answers. Improvements are made often and are impactful.

Used daily for 1-2 years
Reviewed 2018-02-08
Review Source: Capterra

Easy, clean way to store responses for proposals and work orders. Also great way to onboard new employees by having them search for answers.

Pros
Ease of use is the what I like the most. Second would be the customization of categories/questions/ and user access.

Cons
Keyword matches sometimes return very off the wall answers, but those are few and far between. When using subgroups, there is no way to reflect the subgroup ended on the import.

Response from Loopio


Thank you so much for sharing your Loopio experience.

It¿s so exciting to hear that you¿re finding Loopio so easy to use, and that we¿re not only helping you to store responses for proposals and work orders, but also to onboard new employees!

It¿s also great to learn where we can continue to improve for you! ¿

-The Loopio Team

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 9/10

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Erica Yanecek

I never want to be without Loopio again!

Used daily for 2+ years
Reviewed 2017-11-21
Review Source: Capterra

Pros
As a previous user of a different leading RFP software, I can say Loopio is night and day different - in the best way possible. Loopio is feature-heavy but still super simple and intuitive. Loopio makes it extremely easy for our team to keep content up-to-date, share information across teams, and respond accurately to a high volume of RFPs. Our team responds to 200+ complex RFPs each year, all done by a team of 4 full-time writers. Loopio helps us keep up with the increasing demand on our team year-over-year by increasing the speed to answer (thank you, Magic feature!) and decreasing the time it takes us to find the exact information we need. Our Information Security team also uses Loopio to respond to security questionnaires, and our Marketing team uses Loopio as a "source of truth" for up-to-date content for marketing materials and documentation. Loopio has truly become a tool we couldn't work without!

Cons
Export formatting is our biggest pain point; however, this has a lot to do with preferences. I'm assuming the export formatting works just fine for most organizations that use the software, but we end up spending a lot of time making exports look better after exporting from Loopio. Still 110% worth it for the other value Loopio brings us.

Response from Loopio


Hi Erica!

Thank you very much for your kind words, and your feedback regarding our current export functionality. It's great to hear that Loopio is helping you keep your content fresh and reduce your time spent answering questions with our Magic tool. That your Marketing and Information Security teams have added Loopio into their workflow really validates for us that we are adding value to your organization!

We are constantly updating our features in direct response to feedback we receive from customers, and we appreciate you bringing up the difficulties you face post export. We will take this back for internal review, and discuss what can be done to help solve this problem!

Regards,
-The Loopio Team

Rating breakdown

Value for money
Ease of use
Features
Customer support

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Trena Payton

Not great for Graphics

Reviewed 2015-07-05
Review Source: Capterra

If you have graphics in your proposals, this is not the product for you. As an IT Firm, we use a lot of graphics to explain our solution. I asked about the graphics during the demo and it was never indicated to me that graphics would have to be converted to a picture and uploaded. I don't feel like the demo was an honest representation of the product. I tried to work with the product but never found a work around.

Response from Loopio


Hi Trena,

We're really sorry to hear that you had a bad experience with the Loopio Platform. During our sales cycle, we aim to be as open as possible about our offering. If anything was perceived differently, we would love to learn how we could have improved.

Loopio has support for all types of graphics including .jpg, .png, and .gif formats. The word "graphics" may have caused confusion as Loopio does not have inline graphics generation tools like MS Word.

However, based on client feedback, we have developed a great feature in our next (July 2015) release that allows you to embed MS Word graphics/charts/tables directly in your proposals without saving them as image files first. If you would like a tour of this functionality, please reach out to us.

We apologize again for any trouble you encountered. Our aim is always to provide the best possible user experience. As a result, all forms of feedback, both negative and positive, are crucial for us.

Thanks very much,
-The Loopio Team

Rating breakdown

Ease of use
Customer support

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Cheryl Page

What would I do without Loopio?

Used daily for 6-12 months
Reviewed 2016-10-05
Review Source: Capterra

Loopio has been a great tool for me. In the past, my company had several different departments responding to RFP's. The quality and consistency of our responses was difficult to measure, and answers were sometimes lacking because we had to search the company for answers every time we responded to an RFP. One of the best and most obvious benefits of Loopio is having everything in one place. Answers can be used repeatedly and can be adjusted if needed. It's easy to search for what we need by narrowing or expanding the search by Categories. The many hours spent responding to each request is not a waste, but contributes to future projects through the ever expanding depth of our library. I appreciate that Loopio is very easy to use. Salespeople often contribute to answering questions. If Loopio was difficult, sales wouldn't take the time to learn it. When I give them access to a project, I give them a 5 minute tutorial and that's usually all they need to get the job done. The customer service at Loopio is definitely 5 star! They respond quickly and thoroughly. They always check to make sure they understand my question and then provide thorough instructions in their answer. They ask for feedback on how things could improve and track feedback so they know what's important to work on next. Alyssa is awesome! I am the RFP manager at my company and I am a team of one. I support all of North American and APAC sales. I couldn't do it without Loopio. I believe Loopio improves my productivity by approximately 30% vs. using a spreadsheet or other manual library system. If I get completely overwhelmed with the number of projects coming in I can always give Loopio access to sales and let them work on the document themselves. Answers remain consistent across the globe. Answers to unique, rare questions can be found in a minute rather than in days. I use the status bar constantly to see how close the project is to completion. It's simple to export a completed project into Word or Excel. Best of all, there is no problem with version control! I'm pleased with how often Loopio has meaningful releases. Several times I have made suggestions for improvement and several of those suggestions have already been implemented and released. Loopio listens. Loopio is responsive. Loopio cares about my business. I'm very thankful I don't have to do my job without it.

Pros
ease of use, real-time status, categorized answers, no issue with version control, great customer service

Cons
Attachments don't stay with a new answer when it comes through the Close Loop process. Magic doesn't work well. The answers are usually wrong. It has some quirks, such as when I've only been logged on a short time and I've been actively using it and the login box pops up and requires me to login again. When I'm inside of a project, I always want to be able to see 1. the prospect name 2. the products we're proposing 3. the due date. I know I can go to project details for this, but I would like these details always visible. Other people who help answer questions don't look at project details. I want them to be able to see these 3 things all of the time.

Response from Loopio


Hi Cheryl, thank you so much for taking the time to write this heartwarming review. It means a lot to all of us! We take pride in the usability of our Platform, so it's great to hear about the adoption by the Sales team at PGi. Thank you for taking the time to provide us with such detailed feedback on a regular basis. All of the updates we release are heavily driven by feedback from customers like you!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Dalton Thibodeau

Loopio RFP software Review

Used weekly for 6-12 months
Reviewed 2016-06-14
Review Source: Capterra

My experience with Loopio thus far has been exceptional. The solution acts as both a RFP Management tool for real-time RFP responses as well as a repository for past RFP answers. The GUI is very clean, seamless and easy to use. The most impressive thing about Loopio thus far isn't even software, it's their customer support. They are responsive and proactive regarding any questions or issues one might have. Being the Admin of the solution, the features for enabling users or assigning users to specific tasks is effortless. Moreover Loopio provides a rich set of tools to customize individual responses or specific sections. So far we are quite pleased with the solution.

Pros
Pros for the Loopio Software are: -Magic: it is a feature used to auto answer an RFP based on past responses. For example we recently completed an RFP with 150 questions we were able to answer 60 questions based on Magic alone. -Assignment features: being the admin having the seamless ability to assign specific questions/sections to users is powerful but also the ability to collaborate with your user base is important especially for those last minute responses. -Response Editing tools: these features make it very easy for anyone who is completing the review of the RFP responses to have as much functionality as one would have reviewing in MS Word.

Cons
Cons for the Loopio Software are: -RFP ingestion, this is not necessarily a Loopio issue, most RFP's come in various formats thus it's very important that the member of your team ingesting the RFP does it properly as it is truly the major lift in the process. -Small improvements on Screen Shot drag/drop functionality (they have said this will be in a future release which will make responses with pictures even easier to respond.) Again it's not that the current functionality is poor, it's far from that, this is just one space in which they could improve.

Response from Loopio


Thank you for the review, Dalton! It's great to see the value you're seeing in our automation and collaboration features. We also really appreciate the feedback about how we can improve specific workflows. These details have been shared with our Product team and we will continue working at making the Platform the best that it can be. Cheers!

Rating breakdown

Value for money
Ease of use
Features
Customer support

Likelihood to recommend: 10/10

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Loopio pricing

Pricing options
Subscription
Free trial
View Pricing Plans

Request demo and further information to receive full pricing details.

Loopio features

Activity Dashboard
Activity Tracking
Automatic Notifications
CRM Integration
Collaboration Tools
Customizable Templates
Data Import/Export
Search Functionality

API (171 other apps)
Contact Database (75 other apps)
Contact Management (85 other apps)
Lead Capture (64 other apps)
Lead Management (84 other apps)
Real Time Data (67 other apps)
Reporting & Statistics (81 other apps)
Sales Analytics (75 other apps)
Sales Reporting (67 other apps)
Sales Tracking (60 other apps)
Third Party Integration (127 other apps)
Workflow Management (62 other apps)

Videos and tutorials

Additional information for Loopio

Key features of Loopio

  • Build proposals from Library content
  • Document Management
  • Export proposals to Excel, Word and HTML formats
  • Format proposal content on a client-by-client basis
  • Intelligent Knowledge Library for archiving proposal content
  • Loopio’s intelligent search engine finds the best answers
  • Magic automation engine for populating the best answers
  • Manage proposal content with the Global Style Editor
  • Notify team members on proposal progress and new tasks
  • Nudge team members to complete late tasks
  • Organize approved responses with tags, categories etc
  • RFP Management
  • Task Management
  • Track RFP response using status bars and dashboards
  • Track changes to locate the required content for proposals
View All Features

Benefits

■ Reduce response times by 35%
■ Respond to 37% more sales requests
■ Shorten sales cycles by 10%
■ Significantly increase automation of your response processes and collaboration across team members
■ Craft higher quality responses and have more time to focus on high‐value activities