Record the Outcome of a Bid

Whether you win the bid or not, you need to record the outcome of the bid by setting the bid stage to a status of won or lost.

Make all needed changes to a bid before you set its status to won or lost. Once you set the bid stage status, you can no longer modify the bid.
If you won the bid:
  1. Update the bid stage with the status of won and enter the date won in the Date Won/Lost field.
  2. Run Bidding Reports.
  3. Review the Bid Dashboard—a collection of charts and graphs showing details about your bids.
If you lost the bid:
  1. Update the bid stage with the status of lost.
  2. Enter the following details:
    • In the Date Won/Lost field, enter the date lost.
    • In the Lost To field, enter the entity who won the bid.
    • In the Lost Reason field, enter the reason the bid was lost.
  3. Run Bidding Reports.