Case Studies

How PROS helped a leading industrial manufacturer reduce quote time by 65% ebook

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PROS best-kept secret success stories | 3 Poor quote accuracy and consistency 2 3 reasons for digital transformation The manufacturer faced 3 key challenges that made it difficult to grow profitably and achieve the quote volumes needed. The challenges included slow quote turnaround time, poor quote accuracy and consistency, and slow, error-prone manual workflows. The organization's manual pricing process was disjointed across regions, including 24 European and Middle Eastern/Asian countries, and each country handled quoting a little differently. As one would imagine, it left much room for human error: One country would be digging through spreadsheets while another was searching past proposals for the needed numbers. A customer could query 2 facilities and get 2 completely different offers. The inconsistency and siloing of information left little visibility into pricing and what the sales team put into their quotes, ultimately resulting in profit loss. Salespeople used historical information and spreadsheets retained on hard drives to compile complex custom quotes for customers. This method was proving to be long and time-consuming. Sales was also missing out on many opportunities, including upselling and cross-selling, and customers were not pleased that they had to wait days at times for the quotes they wanted. Slow quote turnaround time 1 Another Another sale slipped through my fingers because it took too long to quote! Yes, that's $35,000 $35,000. That will be $20,000 $20,000.

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