You can use quotation management to gather as much information about a prospect as possible, as well as identify what their actual needs are. This allows you to determine how extensively you want to segment them and what functional areas you need to focus on based on their characteristics. The quotation management tool supports enhancing your sales prediction by calculating when a customer will purchase an order and how it will affect your financials, allowing you to prepare your production processes accordingly.
Quotation automation dramatically accelerates the sales cycle by relieving sales representatives of monotonous quotation building, giving them more face time with customers. Using this eCatalog or build-to-order wizard and lead management as integrated information sources, Sales Generator & Order Management’s Quote Builder module adds quoting rules, pricing, and impacts as such as labor costs, helping to preserve margins, and its database structure is dashboard analytics ready.
Quotation Management authorizes you to easily trace and control all your created quotes through a single medium. Quotation Management creates quotations for work orders, laying out all estimated costs.
Key Features:
- Complete database of the product information, its pricing, and its status.
- Accommodates complex business rules and variations.
- Workflow, roles and rights, discounts, factory-ready.
- Fully integrated with our 24/7 business eCatalog and eConfigurator.
- Quote tracking, management, reporting, and administration.
- An interactive and user-friendly web interface to assist quotation generation and management.
- Ability to handle charge and shipping data within the application.
- Generation of multiple quotes for a customer for a single interface.
- Exporting quotes to various supported formats.
- Reporting feature capable of generating advanced reports.
- Tracking quotes, ratios, and being flexible to raise revised quotes.
- Simplified and smoother transition of Quotation into Proposal.
Quotation Management Software:
Quotation Management System (QMS) is a software that includes designing and automating the client’s quotation. QMS goals to define the client’s business efficiency in calculating and generating quotations, maintain billing and shipping information, email quotations, and provide increased Quotation Management System reporting features.
About Quotation Management Software:
Working Progress:
- Automatic Document Generation: It enables you to record all the information that is relevant for producing and generating quotations.
- Reduced Quotation Time: The longer the quotation, the longer it takes to produce, the lower the margin you make on it.
- Report Generation: It generates Invoice Reports, Receipt Reports, Customer Reports, and Unpaid
Invoices Report, and Unbalanced Records.
Client Benefits:
- Easy conversion of existing open quotes into contracts.
- Web-based automated quotation management process helps the client to increase the
performance. - QMS ensures that each quotation is drawn up in accordance with predefined rules
which enhances the chance of success and your margin, and decreases the costs of
failure.
Advanced reporting features that allow clients to predict business projections and determine the success ratio for quotations.
