What is the difference between Quotes and Bids?

In this article, we will show the difference between a Quote and a Bid in MeasureSquare CRM.

This article applies to MeasureSquare CRM.

Quotes and Bids are often used interchangeably but have some subtle differences. Both quotes and bids are essential tools within the MeasureSquare CRM for managing sales processes and project proposals, and understanding their differences can help streamline your interactions with clients.

Quotes

1. A formal statement provided to potential clients specifying the estimated cost for specific products or services
   
2. Used for small-scale projects
3. Often generated quickly to give clients an immediate understanding of the costs associated with a job
   

In MeasureSquare CRM, Quotes show the product item details but don't show the breakdown of items by trade or different groups

Bids

1. A more detailed proposal often used for larger projects, especially in competitive scenarios
   
2. Involves a detailed breakdown of costs, timelines, and project scope

In MeasureSquare CRM, Bids have more robust customization options and presentation-related features

Worksheet Flow

Bid Preview Flow

Key Differences in MeasureSquare CRM 

Features	Quotes	Bids
Breakdown of products	Breakdown by product only	Breakdown by product and add-ons Separate by material and labor Breakdown by tab, trade and phase
Customization	Show/Hide columns in report	Show/Hide columns in report Add custom fields and create formulas
Subscription availability	Sales Essential Contractor Pro Contractor Complete	Contractor Pro Contractor Complete

Additionally, you may reach out to our Support team via support@measuresquare.com or our CRM experts:

Brian Dang - brian.dang@measuresquare.com 

James Impallaria -  james.impallaria@measuresquare.com

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