Quoting software helps you create quotes that you can send to your potential clients, outlining the details of the product or service you’re selling.
A quote is an offer you send to prospective clients. It includes all the details of the sale, so that the client can review the offer before accepting.
Quotes are especially useful for businesses that have custom products or services, where prices can vary depending on the cost of materials, the amount of labor that’s required, or the volume of goods.
How does it work
Quoting software makes it easier for you to send professional quotes to your clients, to manage your sent quotes, and to convert accepted quotes into invoices.
Typically, you can choose between several templates. Then you enter the details of the products or services and their prices. You can send the quote straight from the software.
You’ll also be able to review and manage your quotes, and, if your quoting software is connected to your invoicing software, you can turn the quotes into invoices if the client accepts the offer.
You can also use free templates to create quotes, but it requires more manual work.
The benefits of quoting software
There are many benefits to quoting software, such as:
- Speed: You can create quotes with a few clicks. You can also usually duplicate quotes to create new quotes even faster.
- Accuracy: When you’re dealing with complex and variable pricing it’s easy to make mistakes. Quoting software automatically does the calculations for you.
- Work smarter: Quoting software can usually integrate with inventory management systems, CRM tools, and accounting software so that you can pull in product information, track customer history, and update your accounts all in one place.
In short, quoting software is a great tool to streamline your sales process, work more efficiently, and keep customers happy.