RFP & TENDER SERVICES
The Request for Proposal ("RFP") is a document that sets the tone for the audit tender process and audit relationship thereafter. Getting the RFP right means you find out the right information about the firms you select to participate in the tender process.
Writing these documents may not be easy and can be a struggle to fit the writing process around the day job. This is where Cribwood can help as we can write the document for you!
After a few calls to establish what is important to you in your audit tender process, we can tailor our templates to give you exactly what you need in a fraction of the time and cost it will take to prepare your own. You can also be reassured that your RfP will cover all the bases that you need it to.
We will charge a flat fee for the service depending on complexity (groups etc.), with small increments for additional versions.
SOURCING & KYC MANAGEMENT
Selecting the right firms to take part in your audit tender process can be tricky. If you do not select enough firms you risk not getting a read of the market and with too many you can end up wasting time. It can also be difficult to identify the right contacts within the firms who are able and willing to take part in the tender.
We have a number of ways we can help. We can perform a sourcing service for you, and be your agent to identify the right teams to take part in your proposal. We can answer initial questions from audit firms on your behalf to reduce the leg work for you and we can deal with "Know Your Client" information requests for you, preventing the need for you to do the same thing multiple times.
Prices will be charged based on time incurred and flexed based on the value provided.
BID REVIEW SERVICES
Interpreting the quality of an audit firm's proposition can be tricky. We can read proposal documents and meet with firms on your behalf to help you through the process. We can make recommendations for areas to challenge and objectively assess compliance with your requirements from the tender process.
Cribwood's leadership has seasoned experience in audit and preparing and reviewing audit tender documents. You can leverage that deep understanding, at a relatively cheap cost, to make sure you make the right decision.
We can give you insight of industry regulations, best practices and tender evaluation criteria to provide insightful feedback and recommendations. Our thorough review process helps you assess the proposal, addressing any weaknesses and highlighting your strengths, ultimately increasing your likelihood of a successful audit relationship going forward.
FULL TENDER PROCESS
If you want the whole tender process taken off your hands, Cribwood is on hand to help.
We can work with you to tailor a bespoke solution which takes all the painful and time consuming parts away from you. We can work all the way from setting objectives of the tender process, firm selection and RFP issuance to a full recommendation to an Audit Committee or other governance board which we will write, meaning you only need to be involved at the key decision points and when you want to be.
Prices to be tailored on complexity.