What is the difference between Quotes and Bids?

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
Notes
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
Notes
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
  1. Breakdown by product and add-ons
  2. Separate by material and labor
  3. Breakdown by tab, trade and phase
Customization 
  Show/Hide columns in report

  1. Show/Hide columns in report
  2. Add custom fields and create formulas
Subscription availability
  1. Sales Essential
  2. Contractor Pro
  3. Contractor Complete
  1. Contractor Pro
  2. Contractor Complete


Additionally, you may reach out to our Support team at +1-626-683-9188 or anytime at support@measuresquare.com