Intelligent Estimation
combines a large number of complex features into a single module.
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The ability to organize large orders with a myriad of lines into groups, process complex pricing rules, track time-based hourly lines, schedule, collect time, provide job costing and then, in the same module, handle simple orders streamlining the process through Order Templates, allows IQ Coordinator to cover virtually any order a company needs to process.
IQ Coordinator’s integrated database allows the system to perform a wide variety of automated calculations that share valuable data between departments without any user interaction.
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Traditionally, given the large number of job variables that impact the cost of providing services, some service providers apply simple decision rules (such as a percentage of the related product cost, or a flat unit price) as a “best guess” approach to pricing. Consequently, some jobs are estimated too high, resulting in lost business and revenue, while some are estimated too low, resulting in lower margins. Either way, profitability suffers.
With Intelligent Unit Pricing, a base ‘unit’ time is established by the service provider utilizing questions to inform the system about factors that would increase or decrease the difficulty of the service. The base ‘unit’ price is then adjusted according to the answers given for each question, resulting in a more accurate estimate.
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Labor Estimation