The secret to earning more profit in your electrical business is to win more work orders over your competitors. And the key to winning more work orders is to come up with a winning estimate. Sounds too simple, right? But creating an estimate that will win over your potential customers involves a lot more than you think. You need to take account of every item that is going to be used in the job, all operational costs to be incurred, and several other factors. In this process you must keep in mind the profit part, or else you will end up spending money from your own pocket. On the other hand, you need to come up with a final price that your customers find affordable. It is indeed a lot of work. No wonder most small businesses struggle with quotes and estimates. However, there is a way out. Get yourself an electrical estimating software and simplify the task.
Field Promax brings you easy to use, flexible, and feature-rich electrical estimating software. Sign up for Free.
Estimating software is essentially a digital tool that helps electricians, construction managers and engineers to determine the amount operational costs to be incurred in a specific location or process. Simply put, it helps you figure out the overall cost for a given project so that you can inform your customer about the probable expenses for the service they are looking for. From the definition itself, it is clear that this estimating software could be an integral component of profitability in your electrical business, The more accurate your calculations are, the more likely you are able to add a profit margin to your pricing. If you cannot calculate the costs properly, chances are you are going to spend the rest of the amount from your own account, thus decreasing your profit.
While there are several other benefits of using an electrical estimating tool, that is not really the point of this blog. We are sure that you are well aware of the importance of this technology by now. The real question is, however, which electrical estimating software will be a perfect fit for your company. Each business is different and so are their need. And with the market overflowing with an uncountable number of options to choose from, it could always be a challenging task to pick the right one.
To help you with the task, in this blog we have listed five leading electrical estimating software solutions. Go through their features, compare, and find out what works best for you. Keep scrolling.
1. Field Promax
If you are looking for an all-around solution for your electrical business, choose Field Promax. One of the leading field service software today, it offers you the most efficient and robust cloud-based platform full of invaluable features and functionalities, including an efficient estimating system. What is even more useful, Field Promax provides you with a customized link that you simply place on your website, and customers can directly ask you for quotes using that link. There are more exciting features in this incredible digital solution. For example, you can get your estimates approved online, and even turn an approved estimate directly into a work order and go from there with this tailor-made estimating software.
That is not all. Field Promax also comes with a comprehensive work order management suite, efficient scheduling dispatching system, and seamless functionalities to create, edit, and share estimates on the go. It also integrates with QuickBooks. That means you can automatically generate invoices with the information in your estimate once the job is done.
Features Available:
- Estimate
- Online payment
- Digital signature
- Equipment tracking
- Customer management
- Billing and invoicing
- QuickBooks integration
- Customization
- Estimate tracking
- Mobile access
- Free trial
Field Promax gives you an all-in-one solution for electrical estimating. Take the FREE DEMO to learn more.
2. PlanSwift
If you are looking for an easy-to-use electrical estimating software, PlanSwift could be the ideal choice for you. It helps you create detailed estimates with notable accuracy, even if you are new to this task. This software also comes with a project management suite, in case you want to manage your work orders on the same platform.
Top Features
- Drag and Drop
- Estimate exports
- Electronic plans
- Customization
3. InvoiceOwle
For a dedicated estimating tool, Invoice Owl is one of the leading choices available in the market today. It is an easy-to-use invoice generator software for both large and small business owners. It takes the stress out of estimating, invoicing, and accounting, helping you maintain a sharp vision and keen observation of the important aspects of your business. Creating estimates and invoices with this software is incredibly simple. All you need to do is fill out important information like billing name and address, items used, service provided, and necessary payment instructions, and the software will do the rest for you. It also offers customizable templates for your different needs. You can also attach images, documents, and additional comments to the invoice to make it more accurate and transparent.
Top Features
- Customizable templates
- Online quotes and estimates
- Online payment
- Instant customer approval
- Centralized customer database
- Reports
- Purchase orders
- Credit memos
- Customer management
4. ServiceTitan
ServiceTitan is another all-in-one solution for electrical estimating software. It is also one of the leading products in today’s time, especially for large companies. ServiceTitan helps you create estimates for installing new assemblies, maintaining pre-built assemblies, and repairing contracts. You can also track and manage job progress with this software solution, even if you have multiple projects running at a time. Thanks to its efficient job cost analysis, you can make faster and more informed decisions. ServiceTItan also provides free online training to make the onboarding process hassle-free.
Top Features
- Quotes and estimates
- Customized templates
- Equipment tracking
- Scheduling and dispatching
- Document storage
- Document management
- Electronic signature
- Online payment
- QuickBooks integration
5. STACK
ServiceTitan is another all-in-one solution for electrical estimating software. It is also one of the leading products in today’s time, STACK is one of the most popular electrical estimating software. This electrical bid manager is the go-to choice for beginners. As it is quite easy to use and does not need any training to use the software. The AutoCount feature saves your time by automatically calculating labor units, material costs, profit margins, and other operational costs, thus reducing the chances of human errors in the estimate.As it comes with a cost database, you can also save your rates to create an accurate estimate instantly. Moreover, it is cloud-based software, so you can sign in from anywhere to manage youtube electrical projects on the go.
Top Features
- Invoicing
- Cloud storage
- Document management
- Cost, markup, tax, and overhead calculations
- Audit trail
- Bid management
- Real-time connectivity and communication
- Customizable reports
- Task scheduling
Final Words
Gone are the days when electrical contractors used to rely on pen, paper, and their memory to create estimates and bid their prices. The electrical estimating software companies have revolutionized the estimating industry and you need to board the trend as soon as possible. We hope this blog has helped you to compare the most suitable electrical estimating software in the market. If you are still in two minds, we recommend giving Field Promax a try. It offers every feature that you might need to create winning estimates, and then some. This is hands down the best electrical business estimating software for your company. To learn more about the software solution, reach out to Field Promax today.
To automate your estimate process, contact FIELD PROMAX today.
Originally Published On: FIeld Promax ( Best Estimating Software for Electrical Business Management )
