Proposal management software makes it easy to create proposals that are professional and polished. With all the features and tools available, you can be sure that your proposal will stand out from the rest. With this software, you can easily create a winning proposal that will get you the results you want. But did you also know that?

• Proposal management software can save you up to 50% of the time it takes to create a proposal from scratch.
• On average, users report a 45% increase in win rates when using proposal management software.
• 68% of users say that proposal management software makes it easier to collaborate with team members on proposals.
• 14% of users say that proposal management software has helped them manage their stress levels and are able to create proposals more quickly.

With proposal management software, creating a proposal is easy and efficient. The software helps you to manage the proposal creation process from start to finish. There is no need to worry about format or layout, as the software takes care of that for you. All you need to do is enter the necessary information and the software will do the rest.

In order to create the greatest proposals, this report analyzes some of the top proposal management tools available. But before that, it’s necessary to understand why you require proposal software and how to make the best choice.

Why you need proposal software?

A proposal software will be a great addition to your company tools for the following main reasons:

It saves you time and effort

When it comes to proposals, time is of the essence. You need to get your proposal in front of the client as soon as possible, and you can’t afford to waste any time or effort. That’s where proposal software comes in.

Proposal software helps you create professional-looking proposals quickly and easily, without having to start from scratch each time. It can also help you manage your clients and keep track of their preferences, so you can customize each proposal to their needs.

Not only will proposal software save you time and effort, but it will also help you close more deals and grow your business. So if you’re not using proposal software yet, now is the time to start.

You can create more professional proposals

If you’re in the business of creating and sending proposals, then you know how important it is to have a professional document. But what you may not know is that there’s proposal software available that can help you create even more polished proposals.

Here are three benefits of using proposal software:

• You can create a more consistent look for your proposals.
• Proposal software can help you automate some of the tedious tasks associated with creating a proposal, such as formatting and inserting images.
• With proposal software, you can easily track and manage your proposals in one central location. This means less time spent searching for old versions or trying to keep track of which version is the most recent.

If you’re looking to take your proposal game up a notch, consider using proposal software.

You can automate the entire sales process

Sales representatives are always looking for an edge to help them land more clients and close more deals. Proposal software can be that edge, by automating the entire sales process from start to finish.

With proposal software, sales representatives can quickly and easily create custom proposals for each client. The software can also keep track of all client interactions so that nothing falls through the cracks.

Proposal software is a valuable tool for any sales representative who wants to streamline their process and close more deals. By automating the entire sales process, proposal software gives sales reps the time they need to focus on what they do best: selling.

How to Choose the Best Proposal Software

Easy Proposal Creation using Templates

Make sure your proposal management software provides a pre-built framework of proposal templates that you can customize completely to create your own as per your needs. 

Interactive Pricing 

An interactive pricing table also allows clients to select additional services and at the end can check the updated pricing in real-time. Unless you choose any sophisticated proposal management tool you can not create an interactive pricing table in your business proposal.

Online Signature

As a leader, you need to keep up with the current industry trends to keep your business competitive in today’s marketplace. Innovations are meant to make certain processes easier.  And e Signature is one kind of digital innovation that you should look for when choosing proposal management software.

Interactions, Notifications for Better Collaboration

With the help of such proposal interactions, you’ll be able to track the status of your proposal, and plus such intelligent inputs will put your team in a lot better position to have successful communication with your client.

Along with that, proposal management software must allow online collaboration with the team and managers. It should help you get your internal team members from sales, marketing, accounting, and legal teams to work together. 

This particular feature of online collaboration should allow you to bring any of the team members into the conversation with mentions so that there won’t be any confusing email trail or file exchange.

Integration with Existing CRM

CRM integration is one more important thing you should consider before choosing proposal management software.

With CRM integration you can create more personalized and highly specific sales proposals by eliminating the need for the manual creation of each proposal.

5 Best Proposal Software

Fresh Proposals

Fresh Proposals is a proposal management software that helps you save time by automating all those mundane tasks that come with the process of sales proposal creation and management. It helps you create attractive business proposals with interactive proposals,  e- signatures, and precise analytics. It has a substantial content library that you can utilize to build expert proposals, and it also offers a pre-written set of templates that can help speed up the process. Additionally, the drag-and-drop editor makes the customization of templates simple.

Key Features

• Predesigned templates
• Online drag-n-drop editor
• Proposal analytics and insights
• Interactive quotation/pricing
• Online Signature
• Proposal alerts and auto follow-ups
• Proposal PDFs
• Real-time commenting and collaboration
• Tiered pricing

Pricing

• Free Trial is available
• Subscription starts from $18/month/user

Venngage

Venngage is one of the most widely used tools for creating infographics, so chances are good that you are already familiar with it if you have ever created one. To help you in creating unique and professional-looking proposals, the company also offers a proposal creator.

Since the software is totally web-based, it is user-friendly for all levels of users and allows you to generate and send proposals while on the move.

Key Features

• Predesigned templates
• Online drag-n-drop editor
• Quotation/pricing
• Online Signature
• 24/5 Priority Support
• Proposal PDFs

Pricing

• Free Trial is available
• Subscription starts from $16/month/user

Pandadoc

PandaDoc is a document automation software that helps sales teams close deals faster. It is offers e-signature, contract management, and workflow capabilities in one easy-to-use platform.

With PandaDoc, users can create beautiful proposals, contracts, and other documents in minutes, not hours.

Key Features

• Customizable templates
• Document analytics
• E-signature
• Quote management
• Image Library
• Email integration
• Real-time commenting and collaboration

Pricing

• Free Trial is available
• Subscription starts from $19/month/user

Proposify

The online proposal tool Proposify enables you to create proposals, that close more quickly. With e-signature, it not only enables you to provide a flawless customer experience, but it also empowers your sales team by giving them access to all the sales insights.

Key Features

• Customizable templates
• Document collaboration
• E-signature
• Alerts and notifications
• CRM integration
• Proposal analytics and insights

Pricing

• Free Trial is available
• Subscription starts from $19/month/user

Proposable

Proposable is a cloud-based software that helps businesses create, manage, and track proposals. It’s designed to be simple and easy to use, with a drag-and-drop interface that makes creating proposals a breeze. Plus, it comes with a library of templates and examples to help you get started.

With Proposable, you can be sure you’re making the best decision for your business. It’s fast, efficient, and easy to use – everything you need in proposal software. Try it today and see for yourself!

Key Features

• E-signature
• Customizable templates
• Team collaboration
• Analytics
• Alerts and notifications
• Online document creation

Pricing

• Free Trial is available
• Subscription starts from $19/month/user

 

Conclusion

Each of these software has its own unique features and benefits that can help streamline the proposal process for your business. Try out a few and see which one works best for you and your team.