broadn: Revolutionizing Commerce with AI
In the fast-paced world of business, efficiency and accuracy in handling quotes and orders are crucial. broadn, an AI-native CPQ platform, is making waves by offering a seamless experience in closing deals faster and generating quotes with remarkable speed and precision.
Key Features
Rapid Quote Creation
With broadn, creating a new quote in less than a minute using more than 10 SKUs is a breeze. It can turn complex inquiries and quote requests into accurate quotes in seconds. Whether it's reading incoming quote requests from any channel and automatically matching products against large inventories or applying discounts, accurately calculating pricing, and setting up fulfilment options to generate professional quotes swiftly, broadn has it covered.
Versatile Application
- Manufacturing: It generates accurate quotes and precise estimates for custom-configured products and complex assemblies.
- Wholesale Distributors: Automates quotes for large product catalogs, product bundles, and varying customer discounts.
- Materials Suppliers: Streamlines quotes for projects of all sizes, from single items to full material lists and matching parts.
- Industrial Equipment Sales: Quickly creates quotes for equipment rentals, sales, and service contracts.
- Construction Contractors: Generates precise quotes for residential and commercial projects.
- Ecommerce (B2B): Builds lightning-fast, globally optimized sites.
Efficient Order Processing
On average, it takes just 60 seconds to create a quote from a detailed inquiry using clients' private product catalogs. And standard, recurring BAU inquiries and RFQs can be converted into signed purchase orders in under 24 hours.
Inventory Management
Even with a large inventory of 20,000 SKUs, broadn effortlessly manages extensive product catalogs and their compatibilities, ensuring all quotes, purchase orders, and invoices are free of unapproved discounts, unauthorized pricing, and misconfigurations.
Use Cases
Improved Workflows
AI-powered automation by broadn has significantly changed workflows, delivering immediate improvements in efficiency and accuracy while paving the way for standardized processes across regions. As John Hewitt, Group VP of Customer Excellence, noted, the clarity of its impact makes optimization efforts visible and actionable.
Reduced Response Times and Increased Sales
By automating customer inquiries, companies have seen a reduction in response times and an increase in sales. Michael Wade, Head of Operation, mentioned that internal teams also benefit from a lighter workload, boosting overall productivity and making the company more competitive.
Enhanced Customer Service
broadn elevates the customer service experience, enabling faster, more personalized responses that keep clients happy and engaged, as attested by Tony Regalo, a Customer Success Representative.
Pricing
While specific pricing details aren't elaborated here, the value that broadn offers in terms of time savings, accuracy, and improved business processes is evident. Booking a demo is a great way to get a closer look at how it can fit into your business's budget and needs.
Comparisons
When compared to traditional methods of quote generation and order processing, broadn stands out with its AI-driven capabilities. It eliminates the manual errors and inefficiencies that often plague such processes, providing a more streamlined and reliable solution.
Advanced Tips
To make the most of broadn, it's important to ensure that your product catalogs are accurately configured in the system. Regularly updating inventory information and keeping track of any changes in pricing or discounts will also help in generating the most accurate quotes and orders.
In conclusion, broadn is a powerful AI tool that is transforming the way businesses handle commerce, from quote creation to order fulfilment, offering a host of benefits that can lead to increased productivity and customer satisfaction.