Making an Accurate Bid
If you own a company or manage a company, then you’re expecting a good return on investment (ROI). Making bids on jobs is considered to be one of the essential parts of most businesses. The best way to formulate an accurate bid is to use micro-estimating software. This type of software helps to take things into consideration that a salesperson might not think of. The accuracy of the bid can affect profit greatly. In the past companies thought that an inaccurate bid for an estimate was no big deal, but nothing could be further from the truth.
If you’re looking for software to help you make your bids more accurate, there are a few on the market. Make sure whichever software you choose meets your companies expectations. You will want to take a look around, maybe do a search online, and compare the different micro-estimating software’s to see which ones you like.
A few of the options that you’re looking for should include the following:
The cost of fabricated and machinated components and assemblies is more accurate and faster.
Quote to order ratios improve greatly making estimating and profitability estimates more accurate.
True engineering standards and formats insure estimating accuracy.
Whichever program you choose, make sure that it meets your companies needs and expectations within reason. If you’re like other companies, you are looking to move onward and upward when it comes to providing a service. This type of micro-estimating software can help your company to excel in the billing portion of the job. The actual job itself is up to you and your employees.