Targeted Quotation Tool
Automation of bidding processes
The Targeted Quotation Tool assists in the quoting phase by interpreting the customer’s requirements in a natural or semi-formal language and suggesting a list of matching services and products that are likely to be used by the customer successful completion of the offer.
Reduction of manual effort
Several surveys show that a majority of businesses spend more than a day on the effort to complete an offer. Almost half of the respondents also need more than a month to get staff involved in their bidding process. By automating the process, these processes can be improved and an enormous savings potential can be revealed. The Targeted Quotation Tool helps to automate process steps as needed.
Avoidance of repetitive activities
Again and again, studies indicate that human activity and creativity suffer from monotonous, repetitive tasks. Such work can be ideally transferred to machines and computers that can perform these tasks tirelessly and consistently. The Targeted Quotation Tool is designed to do just that.
Exclusion of human error
More than a third of participants need more than a follow-up to the offer. This can happen because of misunderstood requirements, forgotten items or missing experience. The damage caused by insufficient or missing upselling and cross selling can currently only be guessed at. By using the Targeted Quotation Tool this gap can be closed successfully.