Vendavo Features

Allows users to search, filter, sort and select items to be added to quote

Based on answering questions about customers the configurator automatically selects the best fit products

Rules ensure that users select only compatible options and that all required items are included

Pricing is displayed during configuration process so that users can quickly see how configuration changes impact the price

Images can be displayed of options to enable users to visualize product options as it is being configured

Ability to support multiple pricing models for one-time, recurring, and other items

Ability to manage discounts at quote and line level; ability manage discounts based on volume and customer agreements

Allows rules to be written in commercial process so that users don't make errors in pricing, terms, and other commercial considerations

Ensure that users automatically include the right terms based on items being quoted

Users can submit quotes, contracts, etc for approval and obtain appropriate approvals quickly

Allows users to renew existing contracts based on contracted pricing and existing assets already owned

Ability to easily group items on quotes; apply and manage discounts and pricing by group

Provides abilty for versions to expire, allows users to create new versions, revert to old versions and track changes from version to version

Generate professional proposals with desired branding, product descriptions, pricing, terms, and visuals in desired format (pdf, xls, word)

Enables users to seemlessly convert quotes to orders with appropriate validations, workflow, and integration

Ability to convert accepted quotes into contracts; set up of required assets and contracts

Manage the process of evaluating documents or requests submitted for approval

Easily build and maintain configurator; flexibility to easily embed all desired business logic

Can easily build and maintain pricing logic required by business

Easily build and maintain workflows, misc commercial fields, commercial rules

Ability to easily build, update, customize, and maintain quotes, contracts, and other document outputs

Manage, organize, and store contact information

Track products that are for sale at a reduced price or part of coupon promotions

Create and manage digital catalog of products/services with their details, specifications, and price

Track, store, and access client contracts or licenses

Manage and track the renewal process for various services, subscriptions, contracts, or licenses

Track and manage the profit margin between the cost of a product and its selling price.

Manage and track customer orders for goods, investments, or any other purchases

Supports users working on a mobile devide (phone and/or tablet)

Provides functionality for channel partners to configure, price, quote and buy products in a self service environment

End customer users can configure, price, and buy products in a self service environment online

CRM integration is flexible and easy to maintain

System provides API's that can be used to easily integrate to financial and other 3rd party systems

System support multiple currencies and languages to enable business in multiple countries

Provides ability for very large quotes, number of products, users, rules, required by enterprise level customers

Easily generate desired reports and dashboard on configurations, pricing, and quoting

ERP integration is flexible and easy to maintain

Dashboard to view the status of ongoing processes, identify current incidents and track past activities

Set up connections to third-party platforms to improve business processes

Define fields to pull in dynamic information.

Easily assemble custom fields and variables into reusable templates to automate the proposal creation process.

How well the platform supports images, audio, and video in proposals.

Create adaptive online documents for view via browser or mobile device.

Create attractive PDF versions of proposals.

Brand proposals and the application's portal with your company's logos and branding.

Easily search for and add elements to a proposal.

Multiple users can edit a single document.

Automate workflows by routing documents to the correct individuals for adding content and approval.

Track who is looking at proposals and how often or for how long.

Find out which pieces of content are performing best.

Access pre-built and custom reports and dashboards on proposal volume and acceptance.

Grant access to select data, features, objects, etc. based on the users, user role, groups, etc.

Program in-app and email notifications for approval milestones or actions.

Push and pull data from CRM to build proposals and update statuses with clients.

Digitally sign online documents

Push and pull data from quote applications to build proposals.

Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc. with other software applications.

Track, store, and access client contracts or licenses

Manage a repository of information that includes articles, FAQs, or tutorials used for self-service support

Manage, organize, and store contact information

Manage and process incoming documents detailing requests for proposals

Create, design and manage workflows for repetitive tasks

Store, manage, and track all electronic documents in a centralized location

Create, manage and track all task activities and progression

Application programming interface that allows for integration with other systems/databases

Enables products to be viewed and configured in two-dimensions.

Enables products to be viewed, configured and interacted with in three-dimensions.

Generate a CAD diagram using the features selected in a product configuration.

Overlays a 3D representation of the product being configured onto a background captured live by the camera of a phone or tablet.

Places the product inside a computer-generated 3D scene where they can see a 360-degree of the product in its surroundings.

Allows sales representatives and customers to drag features from a menu onto the visualization of the product.

Visual configuration tools often integrate with other tools, most prominently CPQ solutions.

Create sales proposals based on the visual product configurations.

Configure products according to pre-defined rules and/or constraints

Graphical representation of data

Visualize products in real time, as they are configured

Integrate with existing ERP systems

Ability to create custom quotes based on customer requirements.

Allows users to configure products and revise quotes accordingly.

Provide standard pricing options that can be customized by customer.

Deliver standard contract templates that can be modified by users.

Track contract changes made by all parties during negotiation.

Implement the final version of the contract, including SLAs.

Monitor invoices and payments per product, customer, or contract.

Match invoices with sales orders, quotes, and contracts.

Perform revenue recognition to ensure that pricing or payment terms are accurate.

Allows users to generate text based on a text prompt.

Use AI to generate content in the form of text, images, videos, etc.

Create proposals based on costs of labor and materials

Provides the ability to generate images from a text prompt.

Use AI to generate content in the form of text, images, videos, etc.

Able to generate rebate aggrements

Can perform automated rebate calculation for rebate accurals and payout

Able to create unique and complex rebate programs for customers

Capable of matching rebate against actual sales, purchases, and margins

Able to analyze effectiveness of rebate programs

Provide intutive dashboard to visualize rebate performance and deal visibility

Able to forecast rebate account growth

Allow internal teams to collaborate and communicate within the rebate software

Allow communication with rebate partners and customers

Allow integration with CRM OR ERP or any other data sources

Allow integration with accounting or invoicing tools for rebate payouts

Generate personalized quotes and proposals that corresponds with each customer's tailored preferences and buying behavior

Analyzes data to suggest price adjustments instantly based on competitor pricing, demand, market prices, production costs, and other factors

Enhances guided selling by learning customer preferences and suggesting the most suitable products and services based on their individual needs

Allows flexibility for automatically adjusting prices of products or services based on real-time market conditions, competition, demand, or other factors.

Differentiates pricing by customer type, geography, products, services or sales channel.

Performs complex price calculations and delivers prices directly into front-end sales and commerce systems, such as CPQ tools, CRMs, ERPs, and eCommerce platforms.

Sets prices for new products, updates existing price lists or matrix pricing, and customer-specific pricing including discounts, rebates, and promotions.

Monitors price strategy of competitors to make informed pricing decisions.

Implements role-based controls and streamlines workflows automatically for approving price changes or exceptions.

Provides visualized reports or dashboards to analyze data of current pricing performance, trends, and opportunities.

Manages price lists to synchronize consistency across multi-channels, products, services, regions, and customer segments.

Calculate the price elasticity of demand by analyzing pricing and market data to find the most optimal price points

Has a built-in eCommerce system or integrates with third-party systems to manage online sale of products

Track and manage inventory levels to maintain proper supply

Track and manage the profit margin between the cost of a product and its selling price.

Design, communicate, and distribute incentives to perform a specific action

Capture, organize and track product-specific data and information in a centralized location

Active monitoring of systems, applications, or networks

Interact with data visualization elements, such as charts and graphs, to drill down into data

Predict future data based on historical data sets

Analyze and gain insights into data in real-time

View and track pertinent metrics to find patterns and gain insights from data

Allows ERP integration, and is flexible and easy to maintain.

Provides API's that can be used to easily integrate to other third party systems or software applications.

Allows CRM integration, and is flexible and easy to maintain.

Optimizes prices automatically from adapting to market changes, analyzing historical data, and predicting outcomes of various pricing scenarios for maximizing revenue.

Offers personalized prices and promotions to different customer segments based on their individual preferences, behavior, or purchase history.

Provides intelligent pricing insights and analysis with data-driven recommendations.

Assess and optimize pricing markdowns, special offers, or other promos

Capability to perform complex tasks without constant human input

Ability to break down and plan multi-step processes

Works across multiple software systems or databases

Improves performance based on feedback and experience

Engages in human-like conversation for task delegation

Anticipates needs and offers suggestions without prompting

Makes informed choices based on available data and objectives

Capability to perform complex tasks without constant human input

Works across multiple software systems or databases

Improves performance based on feedback and experience

Engages in human-like conversation for task delegation

Enable businesses to implement machine learning algorithms on business data such as sales and revenue

Set up connections to third-party platforms to improve business processes

Track and manage inventory levels to maintain proper supply

Private online space that lets businesses securely share documents and provide information access to clients

Collaborate on creating a product by sharing and adjusting designs through a shared portal

Application programming interface that allows for integration with other systems/databases

Send / receive, process, and execute orders

Manage and track customer orders for goods, investments, or any other purchases

An order generated by a seller to a customer, containing details about products or services

Dashboard to view the status of ongoing processes, identify current incidents and track past activities

Create, design and manage workflows for repetitive tasks

Track products that are for sale at a reduced price or part of coupon promotions

Representation of any object in 3D

Manage and handle various international currencies

Create, save, and re-purpose templates for emails, forms, etc.

Collection, analysis, and representation of numerical data and generation of reports to understand various patterns

For use by customers

Add customized logos and colors to align with company branding

Calculate rule-based prices for a product/service

Reports specific to sales analysis for trends and strategies

Observe and track the demand, usage, progress or quality of a system, product, or user

Present a catalog of inventory that customers can view

Built-in customer relationship management (CRM) capabilities or integration with a third-party CRM system

Analyze the current state of sales data to accurately understand trends and forecast future sales numbers.

Pre-designed layouts that can be customized to match preferences and requirements

Drawing and modeling designs within 2D flat dimensions

Store, manage, and track all electronic documents in a centralized location

An online catalog of inventory that customers can view

Material list of manufacturing parts and associated costs

Manage and support multiple languages

Capture, organize and track product-specific data and information in a centralized location

Manage the process of evaluating documents or requests submitted for approval

Define levels of authorization for access to specific files or systems

Synchronizing data between two or more devices/systems and automatically updating changes to maintain consistency

Entering, storing, and transmitting electronic and/or online orders, tests and other services for all types of industries

Generate quotes or estimates for customers

Create and manage digital catalog of products/services with their details, specifications, and price

Track and manage the profit margin between the cost of a product and its selling price.

A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users

Track revisions and updates made to files and navigate between different versions

Identify component attributes like servers, hardware, software, and manage relationships across all services

Has a built-in eCommerce system or integrates with third-party systems to manage online sale of products

Online portal through which end users can access the system, manage tasks, or obtain information

Automate processes to manage leads, contacts, opportunities and sales activities

Usage of documents or items within a specific organization

Store and manage 3D digital assets

Assemble applications and processes by dragging over and arranging pre-built components

Sample files or documents that could be customized as needed or used as is

Provides a channel for team members to share media files, communicate, and work together

A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users

Built-in customer relationship management (CRM) capabilities or integration with a third-party CRM system

Automatically formats data in a predetermined way

Private online space that lets businesses securely share documents and provide information access to clients

Define levels of authorization for access to specific files or systems

Generate quotes or estimates for customers

Alter the layout and content of reports

Centralized repository to store content and assets

Import and export data to and from software applications

Review and analyze existing information across documents

Automated or logic-based workflows that assist in the creation of electronic documents

Timed notification for any upcoming task, deadline, appointment, or activity

A record of all activities within the system, including user access, changes made, etc.

Collection, analysis, and representation of numerical data and generation of reports to understand various patterns

Manage the process of evaluating documents or requests submitted for approval

Track revisions and updates made to files and navigate between different versions

Calculate rule-based prices for a product/service

Graphical representation of data

It is a logic or a condition that executes business rules in a runtime production environment

Receive data and information in real time

Generate quotes or estimates for customers

A record of all activities within the system, including user access, changes made, etc.

Assemble applications and processes by dragging over and arranging pre-built components

Define levels of authorization for access to specific files or systems

Automate processes to manage leads, contacts, opportunities and sales activities

Store and organize documents in a centralized system

A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users

Built-in customer relationship management (CRM) capabilities or integration with a third-party CRM system

Pre-designed layouts that can be customized to match preferences and requirements

Customize the specifications of a finished product to meet the particular needs of a customer

Online portal through which end users can access the system, manage tasks, or obtain information

Form predictions based on past and present data/trends

Material list of manufacturing parts and associated costs

Manage and handle various international currencies

Use AI to generate content in the form of text, images, videos, etc.

Add customized logos and colors to align with company branding

Digitally sign online documents

Customizable sample documents that contain placeholder text or a standard layout that can be repeated for each new file

Collection, analysis, and representation of numerical data and generation of reports to understand various patterns

Compare key metrics for the business against prominent players in the industry

Track visitors'/audience's responses across web pages and other optimized content

Evaluate the degree to which business operations bring monetary gains

Receive data and information in real time

Review data from past periods to reveal recurring tendencies and predict future performance

Collection, analysis, and representation of numerical data and generation of reports to understand various patterns

Record customer information, purchase history, and other notes

AI-driven algorithms that allow for automatic repricing in real-time

Use simulation models and scenario planning to predict and compare strategy outcomes for prices and promotions

Reports specific to sales analysis for trends and strategies

A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users

Analyze the current state of sales data to accurately understand trends and forecast future sales numbers.

Form predictions based on past and present data/trends

Collect & analyze data from multiple sources to get insights into competing products, customer behavior, pricing & marketing strategies

Create custom predefined rules for prices for products and services

Manage and handle various international currencies

Present a catalog of inventory that customers can view

Monitor and compare prices for competing products

Import and export data to and from software applications

Estimate of expected sales revenue within a specific time frame, such as quarterly, monthly or yearly based on past trends and reports.

Use AI to generate content in the form of text, images, videos, etc.

At a high level, visualize a preferred outcome, define goals and identify specific steps to achieve them

Search and filter data across systems to locate required information by entering keywords or certain criteria

Analyze and calculate business costs

Develop potential scenarios to identify risks and opportunities

Form predictions for optimal prices based on past and present data (market data, competitor products, special events, weather, etc.)

Create unique pricing based on product, store, geography, or customer segmentation

Manage multiple teams and operations from a central location

Alter the layout and content of reports