AAM Adopts PMAPS As Its Proposal Managment Platform
April 25th, 2005 Westport, CT – PMAPS, Proposal Software, Inc.’s innovative Proposal Management and Production System has been successfully deployed at the insurance investment management company AAM.
The company’s adoption of PMAPS is expected to result in substantially increased RFP flow-through volume, according to AAM Marketing Manager Lisa Weaver. “Our need for PMAPS is greater than ever because our company has experienced significantly stepped-up RFP volume,” she said, noting that by the end of first quarter 2005, AAM’s proposal team had responded to as many RFP’s as they had in the first six months of the previous year. “The efficiencies we anticipate by using PMAPS will be enormous,” Weaver remarked.
Weaver explained that a major factor in her company’s selection of PMAPS was the software’s superior search capabilities.
“When I first looked at PMAPS at last year’s PAICR conference, I liked the user friendliness of it. But I was most impressed by its Google-like search capabilities. Several proposal managers who were using competitive RFP software told me they had been forced to create their own proprietary system to do key word searches. PMAPS allows you to do much deeper and more sophisticated searches – for example, a search for the phrase “investment strategy” turned up all the RFP’s in which we had covered this topic. But even better, PMAPS allows us to do a search within a search – for example, within “investment strategy,” we can more narrowly search on “core bond” or “targeted duration.”
“It’s amazing how many ways RFP’s can ask for the exact same information. Now that we’re using PMAPS, we’re not reinventing the wheel every time we get one asking for the same information.” Weaver explained that after only one hour of training, she was able to call upon information from the company’s most successful RFP’s done in the past.
“Efficiency is key,” said Weaver. “Now that the preparation of RFP’s has been substantially streamlined by our use of PMAPS, our senior managers have more time to intelligently review completed RFP’s, rather than help assemble them.”
About AAM
AAM is a registered independent investment advisor, specializing in the management of insurance company assets. The firm was founded in 1982 with the belief that insurance companies require the expertise of an independent investment advisor with the practical knowledge of the regulatory and competitive environment in which insurance companies operate. AAM manages investment grade fixed income and convertible bond portfolios exclusively for life and health and property and casualty insurance companies. Services include comprehensive core portfolio management, or the focused management of specialized asset classes within the investment grade universe.
About Proposal Software
Proposal Software provides the ‘best in class’ comprehensive proposal management platform that supports the ‘mission critical’ sales and marketing function. Designed for the proposal professional and proposal management teams, clients include leading financial services, healthcare, investment management and a wide cross-section of Fortune 1000 corporations including Blue Cross Blue Shield of Massachusetts, Blue Asset Management, and Fred Alger Management, ING Investment Management and WellPoint family of healthcare companies.
Proposal Software operates on four simple principles:
- Solve proposal, RFP and RFI problems in the most cost-effective, no-nonsense way.
- Provide “turnkey” solutions with implementation, documentation, training and initial support all part of a single, simple and fixed price.
- Continually improve by listening to user communities and take advantage of advances in operating systems, database tools and the applications in which programs are integrated.
- Guarantee that all products will function as promised.
PMAPS will next be demonstrated live at the Association of Proposal Management Professionals (APMP) 16th Annual Conference & Exhibits, June 7-10, 2005 in Phoenix, Arizona. Information on the conference is available at http://www.apmp.org
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Contact Information:
Jessica Bram
Jessica Bram Communications
(203) 227-3250
jessica@jbram.com
John Laurino, CEO
Proposal Software
(203) 226-1600
john.laurino@proposalsoftware.com
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