Disadvantages of spreadsheet-based sales quoting PowerPoint PPT Presentation

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Title: Disadvantages of spreadsheet-based sales quoting


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Disadvantages of spreadsheet-based sales quoting
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(No Transcript)
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Here are the few disadvantages of
spreadsheet-based quoting which will assure you
why an automated system is more efficient and
cost-effective for your business.
  • 1. Human Errors
  • In spreadsheet-based sales quoting it's difficult
    to implement lessons learned back in the quoting
    process as its a manual process to compare
    detailed quotes estimates with detailed project
    quotes.
  • This manual process has a high chance of errors
    and omissions.
  • These human errors can be reduced to a great
    extent with the right Sales quoting software.

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Disadvantages of spreadsheet-based quoting
  • 2. Pricing
  • Price is a very important part of quoting.
    Accurate pricing requires an exchange of data
    from various individuals and departments which
    often results in duplication and use of incorrect
    data. It becomes difficult to handle information
    going back and forth. Without proper pricing
    strategy, it also becomes difficult for you to
    select which pricing is best for your
    organization like whether it is quantity based
    pricing or psychological pricing or something
    else. Wrong pricing damages the companys
    reputation and results in loss of trust.

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Disadvantages of spreadsheet-based quoting
  • 3. Time-consuming
  • Spreadsheets files are always prepared by less IT
    experts. It makes spreadsheets files more
    personalized and makes it difficult for a
    newcomer to using it. Everything has to start
    again from scratch which is very time-consuming.
  • Spreadsheets based sales quoting are also hard to
    consolidate as it involves huge time for reports
    to get summarised.

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Disadvantages of spreadsheet-based quoting
  • 4. Conversion rate
  • Spreadsheet-based sales quoting are prepared
    manually. It is prepared personally by
    individuals at different levels.
  • Web-based quoting software helps you to a great
    extent to solve this problem which ultimately
    results in higher conversion rates. It always
    provides your customer with personal themes and
    style which helps you to buy customers attention.

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Disadvantages of spreadsheet-based quoting
  • 5. Anywhere Anytime
  • Spreadsheets files are normally created by
    individuals. They have to sit in front of their
    desktop and laptops for preparing quotes.
    Moreover, when data in spreadsheet files need to
    be exchanged, the only way in which it can be
    done is through the mail.
  • Online quoting software helps you to create
    quotes and run your business no matter where you
    are. It does not require individuals to be
    present in their office to prepare quotes.
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