Construction Quote Management Software

Quote Management

Most contractors request at least 3 quotes before deciding from which supplier to buy materials.

Our construction quote management software makes it easy to analyze supplier quotes and saves an average of 5-10% in project material costs for construction projects.

Field Materials standardizes vendor quotes and automatically analyzes them to find the best options.

How construction quote management software works

Field Materials makes it easy to import your bill of materials from your takeoff / estimation software.
  • Easily import the project’s bill of materials from your takeoff or estimation software.
  • Or instantly create a request for quotes (RFQ) from a field requisition.
  • Request quotes from your preferred suppliers. Vendors either submit an
    e-quote or send a PDF back. 
  • AI automates the bid leveling and recommends best options based on pricing and lead times.
  • Instantly create a buyout or PO from any quote by selecting all items or some items from each quote.
  • Create multiple POs by selecting items from different vendor quotes.

How AI automates bid leveling for construction RFQs

Field Materials standardizes vendor quotes and automatically analyzes them to find the best options.
  • Upload a vendor quote PDF and AI will match the quote line items to the list of materials in your RFQ.
  • Leverage a library of pre-trained agents to automatically interpret different types of quotes (switchgear, HVAC equipment, etc.). 
  • Easily build custom AI agents to read new types of quotes or extract additional data fields.
  • AI can learn material aliases between your material nomenclature and vendor material names.

Construction quote software that saves time and money

Field Materials makes it easy to request quotes from suppliers and bid level them.
  • Save 5-10% in project material costs by getting multiple supplier quotes and automating their bid leveling.
  • Accept a quote to create a PO or a buyout. Have your field crew order from vendor-negotiated buyouts to avoid paying retail prices. 
  • Set up buyouts across multiple projects. Leverage bulk pricing to save 10-20% in material costs.

See the best construction quote management software in action

See Demo

FAQ

Why use construction quote management software?

According to the SWACCA and Field Materials sponsored industry survey, the majority of contractors request 3-4 quotes before choosing a vendor to buy materials from. Construction management software makes it easy to source materials from different suppliers at best prices. You can take your bill of materials, send it to multiple suppliers, and then have the software collect and analyze received quotes. The software standardizes received quotes, saves them for future reference, and makes it easy to set up purchase orders or buyouts from the quotes.

What are some of the features of construction quote management software?

Some features to look for in a construction quote management software are: bill of materials uploads, automated comparison of quotes, automated email and text message notifications to suppliers. According to Field Materials AI users, other benefits also include creating buyouts and purchase orders from quotes, saving prices from quotes into a material database for future use, and messaging suppliers about the quotes. 

Do vendors need to set up accounts?

No, and this is really important because the last thing you want is to complicate your vendor relationships. Vendors don't need accounts, passwords, or special training. They send quotes and invoices the same way they always have - by email.

When there are issues with deliveries or invoices, the system emails vendors a secure link to respond, but they don't need to log in. They can upload corrected documents or respond to questions through the link.

The goal is to make your internal processes more efficient without creating extra work for the vendors you depend on.

How does Field Materials support buyouts?

A buyout is an approximate volume of material you are committing to buy from a supplier at a specific price.

  • Use a supplier quote to create a buyout.
  • Place orders from the buyout with pre-defined prices and individual delivery dates.
  • See at the line item level how much you ordered and received so far against the buyout quantity.
  • Empower your field team to order from a pre-approved buyout and vendor to help control costs.
  • Use tags and / or zones to assign orders to job areas or phase (e.g., floor 1, Zone A).
  • Field Materials will automatically verify item pricing when you review and approve invoices.