Advantages of Effective Quoting System

By Matthew Anderson



INTRODUCTION

Businesses that rely on delivery of quotes would want an effective quoting system. Some stick to the traditional pen and paper approach. However, modern times demand modern methods and strategies particularly if you want to gain an advantage over your competitors. Having an effective quoting system to deliver accuracy and speed would be one of the best tools for your business. Check out the great advantages of having an effective quoting system below.

Advantages of Effective Quoting System

Making A Good First Impression

In any business, making a good first impression to your clients is always advantageous in many ways. One should assume that clients compare quotes from other businesses with yours. Expect speed, professional look, and delivery to be a huge plus for the first one to deliver an accurate quote. Being able to deliver the first quote has a higher probability of engaging into business. This is true especially when you hit the client's expected price.

Negotiation Advantage

Being able to deliver the first quote will give you huge leverage in negotiations. The first quote will set the standard from pricing to bundling. This is true as the client receives the rest of the quotes from other companies. The business that sent the first quote will also have a higher probability of getting the first call. This gives a huge opportunity for follow-ups. With the right sales techniques and follow-up, you might even get the chance to know what your competitors are offering. This would allow you to negotiate to win your client's favor.

Smart Quoting Systems Win Deals

When you acquire a good quoting system, do not just stop at achieving speed and accuracy. Modern quoting software available today can certainly do more. Accurate quotes do not only deliver up-to-date pricing in great detail, but it also needs to protect your profit margin. This is where using a software would always win against traditional quoting methods. A good business software would have everything covered. When you deliver a quote, it should have checked current prices of materials, available manpower, check inventories, estimate project period, and other details. These details will give your clients a good picture of how much it costs. It will also show them everything that's about to happen with the project. A good quote should be detailed enough for the client to be able to move forward with a decision, not to ask for more questions. Plexus Software offers a smart quoting system that will propel your business to success. Aside from its accurate estimate and professional delivery, you can do more than just send quotes to your clients. Plexus Software can include the terms and conditions to ensure legal aspects are covered and explained well to your clients. Learn more about the quotes and orders system of the software by watching the demo here. Plexus Software can deliver more than an effective quoting system. Contact us to learn more about Plexus Software or to arrange a personalized demo for you.

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