Quotes
👍 Premium Feature
Please contact our support team if you are interested in using this functionality.
With the Solvimon quoting tool you can compile a pricing quote for a possible customer, or a customer that wants to start using new products or move to a new plan.
The Quoting functionality looks a lot like the Subscription management functionality: it is possible to create multiple schedules with a pricing plan version, start- and end-date, discounts, commitments and (if applicable) custom pricing.
There are a few differences: a quote also has an owner, which is a user of your Solvimon platform account. This can be a sales person, for example.
Quote versions
Quotes can consist of multiple versions, that are essentially their own proposal for a subscription with all configurations that are available once a prospect decides to become your customer. Pricing can be adjusted, discounts and commitments set, and multiple schedules can be created to align with ramp-up agreements.
Quote version statuses
A quote version is in DRAFT status when created, but will have other statuses once the customer deal moves through the pipeline.
Statuses in order of appearance:
- Draft
- Final
- Accepted - prospect accepted the offered deal
- Rejected - prospect did not accept offer
- Closed - quote version was closed due to other reason than feedback from customer
Once a customer has accepted the quote, the Solvimon Desk user gets the option to transform the quote into a regular subscription.
If a customer has rejected a quote, a new version can be created and the adjusted pricing, additional agreements or prospect feedback can be implemented in the new offer.
Creating a Quote
Pre-requisites
Before configuring quotes in the system, ensure the following information is set up on your platform:
- Billing entity details.
- The customer for whom you want to create the quote.
- Default subscription settings in the Settings menu (optional).
Configuring terms
Once all the prerequisite information is in place, follow these steps to create a new quote:
- Go to the Quotes section in the sidebar menu.
- Click on “Create New Quote.”
- You will see a form to set up subscription terms. If you’ve already configured the default subscription settings, they will appear pre-filled.
