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Bidder Engagement Score

The Bidder Engagement Score provides additional insights into the behaviour of bidder in the Room.

Pete Radwanski avatar
Written by Pete Radwanski
Updated over 2 weeks ago

ℹ️This feature is only accessible to Admins and Viewers.
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Ansarada's Bidder Engagement Score uses AI technology to determine whether your bidder behavioural patterns match up with those of other successful bidding parties.
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This machine learning algorithm has been trained and tested on thousands of Ansarada deals, giving you the advantage of insights to assist you during a deal.
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Don't just go with your gut feel, get the deal facts faster. Eliminate manual calculations through a variety of different reports.
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Go to meetings prepared, knowing who's interested and engaging in your deal, so you can stay in control of your transaction.
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View the Bidder Engagement Score in the Ansarada dashboard

The Bidder Engagement Score is now accessible in the Ansarada dashboard, as well as being emailed to the Admins and Viewers every Monday.

Step 1: Log in to the Ansarada Data Room

Log in at dash.ansarada.com.

Step 2: Locate the room

You will see tabs at the top showing all the rooms where you are an Admin or Viewer.

Step 3: Access the Bidder Engagement Dashboard

When you click the tab for the room you are looking for, the Ansarada dashboard for that project will appear. You will see the dash card for the Bidder Engagement Score.

  • You can click the arrow next to “Today” to change the view to Last week.

  • You can click the three lines to the right of the dash card to switch between chart view and leaderboard view.

  • When in Chat view, you can select as many teams as you would like to be shown in the chart.

What information does the Bidder Engagement Dashboard show you?

  1. The Leaderboard Card gives you an instant snapshot of your most engaged bidders. See at a glance which teams are showing the strongest signals and identify who deserves your immediate attention.

  2. The Line Card reveals engagement trends over time, tracking how bidders interest evolves throughout your deal.

  3. Dash also includes additional cards for Q&A, people and document activity, giving you greater visibility into how your teams are interacting with your data room - so you can understand not just who is engaged, but how they’re engaging.

Factors involved in generating the Bidder Engagement Score

There are 57 attributes used to determine bidder's behaviour in the Room. These features are grouped into 17 categories:

  • Logins

  • Document Views

  • Questions Asked

  • Number of Users Added

  • Individuals Logging In

  • C-Suite Document Views

  • CFO Document Views

  • CEO Document Views

  • Weekend Document Views

  • Early Morning Document Views

  • Variability in Document Views

  • Proportion of Documents Viewed

  • Documents Bulk Downloaded

  • Time taken to view new documents

  • Strategic vs Financial Bidder

  • Time between document views

  • Time between logins

⚠️Good to know: Only data that is in the Room will affect the Bidders Engagement Score. We recommend the use of Q&A within the Room, and Security controls on your documents, to get a better gauge of bidder activity. Learn more about Q&A here, and Security here.
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Training our model

The Bidder Engagement Score model was developed using anonymous, historic Ansarada data. This data is based on bidder's behaviours in the Room, using the patterns of successful and unsuccessful parties. The machine learning algorithm pinpoints certain actions (from the 57 attributes) in the Room that lead to a high or low engagement from bidder's.
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Security

At Ansarada, the security of your data is our number one priority. That's why strict confidentiality around customer data from the Rooms has been maintained throughout the development of this product. No private, proprietary, confidential or strategic information can be extracted from this data.
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Accuracy

By day 7, the model is up to 97% accurate at predicting whether a bidder will complete their due diligence work and submit an offer to the seller. This accuracy rate has been calculated on a sample of our historic deals for which we have the most accurate information. The methodology used was to look at bidder's with an Bidder Engagement Score above 50% at day 7 and assess the proportion that ended up remaining engaged throughout the process and did not drop out prior to the binding bid date. 


​⚠️Good to know: If your bidder's have a low score there may be several factors contributing to this. Learn more here.

FAQ

Troubleshooting the Bidder Engagement Score: Missing, Empty, or Not Received via Email.

The Bidder Engagement Score is generated only after 7 days of Bidder activity

If you are not seeing your Bidder Engagement Score or receiving the email, here are the most common issues and how to fix them:

  • Check Your Role

    You must be an Administrator or Viewer to receive the report via email. If you are an Admin or Viewer but still not receiving it, contact Support so they can add you to the recipients list.

  • Check the Room’s Transaction Type: Ensure the Room’s transaction type is correct:

  1. Open Settings (left menu)

  2. Select Project

  3. Review the Outcome field

  4. Confirm it is set to: Merger/Acquisition/Divestment, or Bankruptcy/Insolvency

  • Also:

  1. Has it been at least 7 days since Bidder activity began?

  2. Has at least one Guest logged in?

  3. Are you checking your email on Monday morning (Sydney time)?


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