Estimation is always the most important part of any project. An accurate quote can come out of only a proper estimation. However this is one part which gets neglected or is done in a very approximate manner in almost all companies. The effect of a wrong estimation is realized when the same project gets converted to an order and is executed. It is well known fact that wrong estimation is the main reason for inconsistency in profitability.
These modules constitute ESTIMATEon the whole
The pre-order or pre-sale enquiry stage can be managed well through this module. Log in all the enquiries into Estimate and manage your sales team through this module. The sales team can use the follow-up features by setting reminders and reasons for follow up. They could use this as their daily calendar to show them what follow-ups are to be done for the day/week or month. All these will happen to a common database and the senior management will be informed about all these activities through well formulated MIS Reports.
Excel based estimation has a lot of errors and are inaccurate. Controlling the details and its values are also a huge task. Also built with a powerful knowledge bank feature, correct BOM’s can be categorized and stored as searchable information.
Any user starting an estimate can first look into the knowledge bank and decide on a close fit and start the estimation based on the available information. This brings in a lot of standardization and also a method of capturing valuable intellectual data which otherwise remains with individuals.
Easy to use options helps the users in managing this information and arriving at what is required on hand very easily.
The above two modules are combined with a powerful component master which helps in configuring all the items that are used or offered as product offerings. These items can be configured based on its make and characteristics. This brings in a lot of standardization in information on which the whole organization is dependent on. This component master can be handled by one main person who can update information from time to time which gets broadcasted to all concerned stake holders.
Some of the examples of component master that we have handled are
Switchgear items for Electrical Panel manufactures
All switchgear components can be defined as SCHNEIDER, ABB, SIEMENS, L&T and many other makes are defined with their respective manufacturing code and list price.
Telecommunication and computer network solution providers
All their product range such a CCTV, Cameras, Routers, Switches and many other components can be are defined with their respective manufacturing code and list price.
Generate a set of reports needed to be submitted to the client at one click of a button. The different types of reports generated by Estimate are