The Best Manufacturing Quoting and Estimating Software

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EnterpriseIQ Screenshot

EnterpriseIQ

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EnterpriseIQ by IQMS provides a wealth of business management functionality from a single source, on a single database. Only EnterpriseIQ totally integrates manufacturing and accounting with a complete suite of modules, eliminating the need for interfacing third-party add-ons. EnterpriseIQ natively integrates the front office and the plant floor with real-time production monitoring, accounting, scheduling, inventory control and reporting, as well as enabling manufacturers to manage additional
Client OS
Windows
Costimator JS Screenshot
Costimator JS will give you speed accuracy and consistency to your quoting process. This product can fully calculate the cycle time and cost of manufacturing a part or assembly in your shop. All prices are based on the capabilities of your equipment and your shop rates. To make the implementation process easier, Costimator JS comes pre-loaded with a library of work centers and materials (over 2,000 total). However, if you have additional equipment or materials you wish to add, that can be done
Client OS
Windows
E2 Shop System Screenshot

E2 Shop System

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(16)
The E2 Shop System enables shop owners to effectively control all aspects of shop activity, while simultaneously and effectively managing profitability. Whether it’s your front office or shop floor that you’re concerned about, the fully integrated E2 Shop System takes the uncertainty out of shop management. Development of the E2 Shop System dates back to 1984. Our shop specific software was developed from an actual shop experience, real-life shop situations, shop know how and shop needs. Both
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Starting Price
$4,995 (perpetual license)
Client OS
Windows, macOS, Web
Deployment
Cloud or On-Premises
JOBSCOPE Screenshot

JOBSCOPE

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JOBSCOPE provides manufacturing and maintenance functionalities for engineer to order, make to order, project based, aerospace defense, and aircraft maintenance companies. JOBSCOPE ERP manufacturing software helps thousands of order-driven manufacturing businesses throughout reduced job-cost and inventories, lowered labor and material costs, increased profitability and cash flow, improved job completions and on-time delivers, and improved MRP and communications across all operations. Online
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Starting Price
$3,000/user (perpetual license)
Client OS
Windows, Web
Deployment
Cloud or On-Premises
SMARTer Manager Screenshot
SMARTer Manager will allow you to control your inventory, produce accurate estimates, and keep supply on par with demand. By using this system you will be given incredibly flexibility and functionality. The Job Costing application of SMARTer Manager will allow you to track labor material and resource costs in a user friendly interface. This system will allow you to calculate the exact costs and profit margin of every job, order, and part in your operations. You have actual job costing on every
Client OS
Windows
Deployment
On-Premises
QLM Costing Screenshot

QLM Costing

QLM Costing from QStrat is a cost estimating software that helps manage and analyze complex quoting data. Rather than wasting time with spreadsheets, QLM Costing lets manufacturers manage detailed quotes and drawings which provides a detailed cost analysis and hierarchical bill-of-materials. @youtube Create detailed bills-of-material on-the-fly; Pass detailed costing information to other QLM Suite applications for complete quotation lifecycle management; Incorporate a wide variety of
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Starting Price
$300/month
Client OS
Web
Deployment
Cloud Hosted
DigiFabster Screenshot

DigiFabster

DigiFabster’s cost-estimating software turns RFQs into instant sales. The manufacturing quoting software helps machine shops delivery estimates quickly and easily—letting you shrink your sales cycle to minutes rather than days. @vimeo Instant CAD analysis; Quick fixes; Intelligent, geometry-based pricing; Comprehensive Order Management; Immediate Orders; and Detailed Sales Reporting.
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Starting Price
$350/user/month
Client OS
Web
Deployment
Cloud Hosted
PandaDoc Screenshot

PandaDoc

PandaDoc is a digital document solution. Create, send, track, and eSign documents — all from one intuitive and easy-to-use platform. Supercharge your CRM with the PandaDoc integrations. PandaDoc is an ideal platform for managing organizational documents including proposals, quotes, contracts, HR documents, and more. Create media-rich documents with a single click. Access completed documents from inside the platform at any time. PandaDoc Proposals; PandaDoc eSignatures; PandaDoc Contracts;
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Starting Price
$9/user/month
Client OS
Web
Deployment
Cloud Hosted
PROS Smart CPQ Screenshot

PROS Smart CPQ

PROS Smart CPQ software accelerates your sales teams to deliver the right product at the right price in quick fashion. This configure, price, quote solution lets your team respond to customer quotes within minutes through AI-based price optimization sciences—helping your team win the sale on the first quote. @wistia Product Catalog with Guided Selling; Al-based cross sell; Simultaneous Quote Collaboration; Quote Analytics; Pricing and Discount Management; Sales Agreement Management; Price
Client OS
Web
Deployment
Cloud Hosted
MRPEasy Screenshot

MRPEasy

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MRPeasy is a cloud-based and user-friendly production planning software for small manufacturers. The tool helps manage production scheduling, inventory, sales, procurement and shop-floor in one place. MRPeasy allows you to select the features plan that meets your requirements and access additional functionality as you grow your business. @youtube Production planning and scheduling; CRM with manufacturing cost and lead time estimating and quoting; Inventory management; BOM management; Supply
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Starting Price
$49/user/month
Client OS
Web
Deployment
Cloud Hosted
JobBOSS² Shop Management Screenshot

JobBOSS² Shop Management

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(15)
JobBOSS² Shop Management is an affordable manufacturing ERP software with accounting, CRM, scheduling, inventory management, quality control, and job costing modules. This cloud-based platform is accessible through your browser and comes with six mobile apps for both iOS and Android.
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Starting Price
$4,995 (perpetual license)
Client OS
Windows, Web
Deployment
Cloud or On-Premises
MicroEstimating Screenshot

MicroEstimating

MicroEstimating is a precision estimating and business tool for engineered profits. The solution lets you estimate, quote, and administer cost for the machining and fabrication industries. This encompasses process planning, estimating, bill of materials, and estimation analysis. The solution intends to improve estimating accuracy, increase profitability, provide intelligence into your manufacturing capabilities, and calculate machine specific cycle times. @youtube CNC Machining; Fabrication;
Client OS
Windows
Deployment
On-Premises
KipwareQTE Screenshot

KipwareQTE

KipwareQTE is a machine job costing and estimating software. This machine shop quoting software provides an easy to use interface that ensures users will not misstep during the quoting process and costs estimated will mean winning more profitable work. This cost estimating application for manufacturers will create formal quotations to send in response for an RFQ. Cost estimates within KipwareQTE include: Material cost; Perishable tooling; Labor costs; Non-machining costs; Quotation; and Bill of
Client OS
Windows
Deployment
On-Premises
G-Wizard Estimator Screenshot

G-Wizard Estimator

G-Wizard Estimator helps improve speeds and feeds for milling machines, lathes, CNC routers, and beginners and hobbyists through job costing and estimating. The machine shop estimating and quoting software provides simple and accurate manufacturing cost estimating. @youtube Info Grab; Reports on cycle times, costs, and production rates; Feeds and Speeds; Tool choice, cut depth, cut width, feeds and speeds, and MRR; and Built-in calculators.
Client OS
Windows
Deployment
On-Premises
Aptean Industrial Manufacturing ERP Screenshot
Aptean Industrial Manufacturing ERP solutions meet your specific industry needs, as well as maintain profitability, streamline the supply chain and de-risk business operations. Their solutions deliver complete visibility into your shop floor, leading to increased collaboration, transparency and control across the entire business. @youtube Flexibility and efficiency are critical to your operations and the solution goes beyond one-size-fits-all systems in offering tailored functionality that
Client OS
Windows, macOS, iOS, Android
Deployment
Cloud or On-Premises
Aptean Process Manufacturing ERP Screenshot

Aptean Process Manufacturing ERP

Aptean Process Manufacturing ERP solutions provide full manufacturing, inventory and financial capabilities—a complete system from beginning sales order entry through the production and accounting process. The software solves the critical needs of batch processing, including full forward and backward lot traceability and the management of complex formulas and recipes. @wistia The fully integrated quality control functions eliminate the need to re-enter data, and the centralized database
Client OS
Windows, iOS, Android, Web
Deployment
Cloud or On-Premises
SecturaFAB Screenshot
SecturaFAB integrated with your ERP creates a streamlined process for quote, work order and invoice creation. A one-way sync allows for organizational data to be push from your ERP to SecturaFAB. Within SecturaFAB, specialized quoting for the metal fabrication market allows for quick and accurate pricing to then be pushed back to your ERP. Once the quote is marked as won within SecturaFAB, an invoice is automatically created inside your ERP to keep your accounting clear and organized. @youtube
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Starting Price
$3,995/user/year
Client OS
Windows, macOS, Linux, iOS, Android, Web
Deployment
Cloud or On-Premises

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Buyer’s Guide

What is Manufacturing Quoting and Estimating Software?

Manufacturing quoting and estimating software helps generate quotes based on the costs for materials, labor, overhead, and more. Also known as shop floor cost estimating software, these solutions aim to maximize time and profits with accurate and straightforward quotes generated directly from workstations. These quotes analyze past estimates and look at which ones turned into sales and which ones were did not–ensuring you can close more sales by customizing efficiency rates, scrap percentages, and other variables.

An industry-specific type of configure, price, and quote systems (CPQ software), manufacturing quoting and estimating software helps your business get from quote to cash. Giving an accurate quote is one of the biggest factors in whether a company decides to do business with you–and delays in putting together a quote can stop a deal from occurring altogether. This software will provide insight into the real-time prices and materials, labor costs, and current capacity.

Storing information on past quotes and estimates helps put together accurate quotes quickly and easily. This lets you check the inventory of parts, materials, and purchases during your quoting process, and allow you to ultimately gain insights into your profit margins through parts costing.

Manufacturing quoting software will let you use existing master inventory items and price breaks to create quotes on the fly. Your employees will be able to easily optimize prices by comparing costs and marking-up capacity. And similar to features offered in many CRM software, you’ll be able to create quotes for new customers on the fly without having to create a master customer file.

Costimator JS 3D Model Manufacturing Quoting and Estimating Software
Create 3D model estimates in Costimator JS.

Features of Manufacturing Quoting and Estimating Software

  • Quoting and Estimating: Import part structure and work orders to generate estimates. Grab data from online order entry programs including any modifications, important tracking details, or special needs inquiries. Calculate the costs of any bill of materials structures. Allow for multiple proposals per bid. Create “what if” scenarios to modify mark up rates on the fly.
  • Document Management: Associate documents with an estimate and store copies within the software. Allow export of the files to Excel.
  • Labor cost, material, and equipment cost tracking: Quantification for employee hours and job-specific rate management, calculation of material costs based on defined material base rate costs and input of quantity requirements, calculation of costs likely to be incurred for payment of subcontractors in the performance of job responsibilities, and cost calculation capabilities for the purchase or rental of equipment required to complete job work.
  • Cost Analysis: Determine the sum of costs of all resources consumed in the process of making a product. Break down costs based on materials, labor, and overhead. Run reports on production costs vs manufacturing costs. Account for split order commission rates among salesmen.
  • Price Optimization: Determine how demand differs at varying price points and weigh that data against inventory levels to find the most profitable price point. Help determine standard pricing, promotional rates, discounts, and more.
SMARTer Manager Manufacturing Quoting and Estimating Software
Create sales orders in SMARTer Manager.

Benefits of Manufacturing Quoting and Estimating Software

The top benefits of using an estimating and quoting software for manufacturers include:

Standardize Pricing Within Your Sales Process

Creating quotes and estimates via manual methods includes a large time investment in grabbing pricing from large databases or spreadsheets. This time-consuming process means your estimates are ending up in your customer’s hands later than your competition–which can make or break whether a customer decides to move forward with your company.

Complicated pricing structures can now be built into the software–reducing overhead for new employees that are being brought up to speed. Standardization will also improve flexibility and reduce manufacturing costs, as well as support other cost reduction methods such as build-to-order and customization.

Standardized pricing will reduce the cost of production. This is due to the effect it has on the product design process. Once products are designed to a specific quality standard and specification, it can be difficult to make further changes. An accurate quoting and estimating process will ensure that your development and design stages can go full steam ahead with the parts it needs, material overheads, labor, and quality costs.

QLM Costing Manufacturing Estimator and Quoting Software
Create costing flowcharts in QStrat QLM Costing.

Streamline The Sales Process For Your Customers

Manufacturing estimating software will speed up when orders can be finalized and moved into production due to less time spent digging for the necessary information during the quote creation process. Because of this, customers will receive a more engaging experience when buying from a company that uses manufacturing and quoting software. Rather than sit around waiting for a quote, or worse, going to a competitor for a quote, customers can commit to their order right away so your manufacturing team can get into production faster.

By eliminating the concern of how long it may be before a manufacturing estimate can be created, customers can now freely request orders with a large variety of parts and procedures without worry that they may be bogging you down. Manufacturing companies will also be able to focus on improving their response time during their production process rather than having potential orders tied up by an inefficient sales process.

DigiFabster Manufacturing Quoting and Estimating Software
A sales order in DigiFabster.

Stay Within Your Margins

With the level of complex products being made by manufacturers today, there is a need to produce highly-specific configurations that require participation from both business and engineering teams. Manufacturers continue to have their margins tested and squeezed further than before. This is due to non-standardized quotes, discounting, and rebates that may be a factor in issuing a price quote to a customer.

Implementing a manufacturing quoting and estimating system will help eliminate the chance of these non-standardized quotes. This insight will let you know which departments or channel partners are producing products the most consistently within your preferred margins. This brings more uniformity and consistency to any individuals (such as resellers) and ensures your product is sold at a more true rate.

PROS Smart CPQ Software
Manage pricing in PROS Smart CPQ.

Increase Automation Functionality in eCommerce Manufacturing Processes

eCommerce software capabilities let manufacturers sell their goods and services online, including the ability to automatically update inventory, calculate taxes, and anything else necessary to fulfill orders. This includes providing accurate price estimates to ensure the profitability of your business.

One of the most important reasons to integrate your manufacturing quoting and estimating software within your eCommerce operations is for a detailed, price-itemized bill of materials (BOM) displays. This provides a visual configuration and representation of what your customer is looking to accomplish.

In addition, integrated quoting and estimating within eCommerce will help eliminate any cumbersome request-for-quote (RFQ) process your business may deal with. You may even give the customer the ability to generate the quote on their own–meaning they can immediately lay the foundation for the product they want with immediate pricing. This means your customers are actively working for you in building their quotes, and you’re also making them feel more included in the price quote process.

MicroEstimating Assembly Manufacturing Quoting Software
Let customers create their own assembly items via eCommerce capabilities in MicroEstimating.