Protect Profit Margins
Drive Quote Value & Enhance Quote Margin Analytics.
Protect Profit Margins
iQuote Margin Tools Optimize Quote Profitability
Quote’s margin analysis functionality provide essential tools to ward off prices reduction pressure brought on by your customers, market conditions and competitors.
With iQuote you can:
- Review quote margin boundaries by item, product grouping or the entire quote
- Create ‘what if’ pricing scenarios within which your sales people can negotiate
- Identify the win and loss price history for items as well as for the specific customer being quoted
iQuote Supports Flexible Price Execution Strategies
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Price updates to quotes
Identify cost changes that have occurred on quotes since the last price book update
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Price books updates
Dynamically update your price books, items, costs and pricing
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Focus on more profitable quotes
Rate quotes by margin and dollars in order to better assign sales person mind share to close the most lucrative quotes
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Better management control on margins
Set margin expectations with the sales team and use iQuote reporting to monitor quote margin performance
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Update currency, and price changes on quotes
Improve margin management by using iQuote’s currency and price update features to address market changes facing your business
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Improve quote profits with strategic margins
Use iQuote to analyze your quotes and increase margins on items with low competition, while ensuring that commodity items are competitively priced
Optimize incentive pricing for customers
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Identify quote margins before quotes leave your office
Pre screen quotes to ensure that profitability is optimized to suit your objectives and your customers’ buying style
iQuote helps you to Improve your preparedness in the event that customer negotiations are required