New features mean new opportunities

In LivoLINK quoting tasks become not only easier, but also more effective, enabling full control over the process and providing quick access to key information. Discover the features that will make quoting easier, transparent, and more effective than ever before.

REQUESTS WITHOUT QUOTE

In the REQUESTS WITHOUT QUOTE tab, you will find all requests submitted for translation services by clients for whom a price offer has not yet been prepared. This is where potential business begins. Track these requests, discover new collaboration opportunities, and quickly respond to client needs.

QUOTES NOT SENT

The QUOTES NOT SENT tab contains a list of prepared price offers, ready to be sent to the client. This tab is particularly helpful when you prepare a lot of price offers for clients and want to quickly check whether any of the offers have been omitted when sending to the client. You can use this option also when your team prepares quotes and the main Project Manager can effectively check and approve the quote before finally sending it to the client. This is a guarantee that your quotes are always comprehensive and in line with client expectations.

UNACCEPTED QUOTES

The UNACCEPTED QUOTES tab is a centre of monitoring submitted quotes to which you have not yet received a response. This tool enables effective management of the quote life cycle, helps in taking further sales activities and plans future client reach. Thanks to this function, you gain full control over quoting, effectively plan further sales activities and enable your team to properly prepare for potential projects, which results in higher effectiveness of your translation agency’s activities.

Every company, regardless of its industry, strives to achieve two key goals: providing customers with the highest quality services and maximizing profits. In the world of translation agencies, these goals often come down to precise quoting. LivoLINK, a comprehensive translation project management software, places great emphasis on this issue, enabling translation agencies to estimate potential margins at the quoting stage.

The Golden Rule of precise quoting

Quoting is a key process for every translation agency. But how can you precisely assess costs and margins, especially considering translators’ rates vary depending on specialization and other factors? This is where LivoLINK comes in.

Automatic margin estimation

LivoLINK offers the functionality of automatic cost and margin estimation at the quote stage. It means that the person preparing the quotation no longer has to rely on intuition or manual calculations. LivoLINK provides the estimated translation cost and calculates the potential margin on a given quote.

Accuracy and configurability

The cost estimation method is fully customizable by the company. This means that the translation agency can adapt it to its unique needs. The company can indicate representative groups of translators divided into e.g. specialization, availability, native language, supplier rating, etc., based on which LivoLINK will calculate the average translation cost. This approach provides even greater precision in estimating costs and margins.

Competitive advantage

Thanks to LivoLINK, the translation agency has a tool that allows it to quote precisely without fear of the quotation being too low or too high. This not only increases the company’s competitiveness but also builds customer trust. Customers appreciate the professionalism and precision in quoting, which can lead to more successful projects and loyal customers.

The outline

Estimating the potential margin at the quote stage can be a challenge for Project Managers or sellers of your LSP, but LivoLINK makes this task much simpler and more precise. This tool not only streamlines the quoting process but also helps translation companies achieve greater efficiency and competitiveness in the market.