Error-Free Quotes with BigMachines Pricing, Quoting & Proposal Software
BigMachines quoting software ensures consistent application of your pricing and discounting rules, and you can analyze and change pricing in real-time. In addition, you can automatically generate rich, customer friendly sales quotes in multiple formats.
Pricing features:
- Price complex products based on features and options selected
- Apply customer, channel, volume, and product-specific prices and discounts
- Calculate costs, margins, and commissions
- Manage special pricing and approval workflow
- Support cost-based pricing and estimating
- Set up pricing and discounting rules based on multiple parameters
- Define unique pricing and restrict access for individual users
Quoting features:
- Generate and manage quotes online
- Add, edit, and delete line items based on configurator options
- Populate quotes with relevant customer data automatically
- Automate workflow for quote approvals, collaboration
- Track quote history across multiple quote revisions
- Capture opportunity management and pipeline forecasting data such as predicted close date, probability of winning, competitors, etc.
- Easily customize your quote forms and workflow using web admin tools
- Generate rich proposal packages including quotes, cover letters, datasheets and drawings
Sarbanes-Oxley Act of 2002 (SOX) Compliance
The Sarbanes-Oxley Act of 2002 (SOX) prompted companies across the United States to reexamine their corporate governance and financial reporting systems. Although compliance efforts regarding the sales process are often overlooked, a typical inquiry-to-order process introduces a high probability for SOX compliance issues to arise. Manual sales processes with high levels of manual interaction are fraught with SOX compliance risk. BigMachines can assist companies in their SOX compliance efforts by providing solutions to these issues. Three areas where compliance issues often occur are customer discounts, quote/order approval, and channel discounts/promotions.
Benefits For Your Business
- Customer Discounts - BigMachines streamlines the customer discount process, providing management with visibility and control while still offering the sales team flexibility. This helps to ensure the accuracy of the revenue figure recorded in the financial statements.
- Approval Tracking - BigMachines creates an electronic approval trail and records a complete quote history which enhances a company’s compliance efforts by creating an audit trail and more transparency within the financial reports.
- Channel Discounts and Promotions - BigMachines captures sales channel information such as the quantity and price of product being sold, and can include data on sales promotions and discounts passed thru distributors or Value Added Resellers (VARs). This information provides the company with greater forecasting capability, which can allow them to track liabilities more accurately.
