In many cases, the process of manually calculating what a particular product or service will cost can be time-consuming and significant time can be saved in cases where prices follow a set formula. Software in this category can be used by self-employed or freelance workers, as well as businesses and non-profit organisations of all sizes. Also known as quote management software, such solutions provide automation tools, which can make it quicker and easier to calculate precisely what will go into a particular job and how much the user will need to charge. This includes not only the calculation of the price given to the customer but also the creation of the quote or proposal document that is sent to them. Quoting software refers to software solutions that have been designed to assist users with the process of assessing costs and providing customers with a quote outlining what the price of a product or service is likely to be. Store and manage contact information for all potential customers who seek quotes or make enquiries Identify the various costs associated with a specific job and then calculate an estimated priceĬreate professional, branded quote or proposal documents, and then send these to potential customersĪutomate the process of calculating and creating quotes in situations where the prices are predictable As a general rule, users who turn to software of this kind will be able to use it to perform the following actions: Nonetheless, the majority of quoting software solutions on the market will have similar core features. Furthermore, the quality of the features included and how user-friendly the software is can vary significantly from one application to the next. The exact features that are contained within any given quote management software solution will depend on a number of factors, such as whether the software is aimed at small, medium or large corporations.

Integration of this kind can improve workflows and minimise the need to re-enter the same information multiple times. In many cases, the software can also be integrated with similar tools on the market, which may include billing and invoicing software, customer relationship management (CRM) software, and proposal management software. With this in mind, quoting software can assist users through automation, making the entire process of calculating costs and sending quotes much faster while minimising the manual actions that need to be performed. However, manually calculating the proposed costs and relaying this information to potential customers can be a time consuming and repetitive process, especially in cases where the costs are predictable and follow a set formula. Many organisations and individuals take on jobs for clients or customers and calculate their pricing based on a number of factors, such as the precise nature of the work, the associated labour costs, the materials needed, the turnaround times expected, and the cost of actually delivering the final product or service to the customer.

Therefore, the types of individuals and groups that may use quoting software includes businesses, non-profit organisations, sole traders, and freelance workers. Quoting software, otherwise known as quote management software, is the name used to describe software solutions that have been designed to assist users with the calculation and anticipation of costs, the formulation of pricing, and the distribution of quotes, price estimates, proposals, and similar documents.

Mobile invoicing and quoting