What is Quotes Management?

Sales quotation (also known as a Quote) is a legally binding document which contains the list of products and services being offered by the seller and the quoted price against each line item along with some other terms of delivery.

This document is provided by the Seller to the prospect during the sales process. Tracking and managing various such quotes among the multiple prospects in pipeline is termed as the process of Quotes management.

How Quotes Management is done?

In Quotes Management, often Sales Quotes are created by Sellers and is shared to the prospective customer, who if agrees to the terms and accepts would lead to a sales conversion or a deal win.

Often, when the number of quotes increases, it becomes cumbersome and difficult for the sellers to keep track of all active Sales quotes.

How ToolsonCloud CRM helps with Quotes Management?

Using ToolsonCloud CRM, Sellers can quickly create Sales quotes directly within the CRM without the need to manually prepare the Sales quote offline.

CRM helps Seller quickly create a Quote by auto populating the calculations associated with each product line item and ultimately providing the final quote amount.

Sellers can tag the Quotation against the Deal, Contact and/or an Organization in order for future tracking reference and traceability.

Sellers can export the Quotation in PDF format and share it instantly with the prospect.

If the Seller wants to modify the Quote, they can instantly modify the Sales Quote and share the updated version with the prospect.

Seller can instantly view which deals are having a pending quote or are not having any quote in order to take appropriate action to close the deal faster.

These features help the seller track and close deals faster.