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For more than 14 years, we’ve been trusted by over 50,000 users in more than 1,200 companies ranging from small businesses to Fortune 500 members, universities and government institutions.
Spreadsheets are not a great selling tool. Not only is it hard to build a business case for complex hardware, software, consumables, leasing etc. projects/products in spreadsheets, conflicting versions, errors and missed emails can really delay or disrupt your deal. Model better with Quantrix and trade spreadsheets for web apps!
Quantrix can help your sales team generate and present complex project proposals or service quotes to customers, and with Quantrix’s flexibility and scalability, the models can be quickly and easily adjusted throughout the CPQ process as needs change or requirements are clarified. With Quantrix, ensure every team is working from the same source of truth to determine the customer’s needs, track available resources, and deliver proposal outputs for both internal and external use.
Want to try a CPQ model online to experience to power of Quantrix? You can! Play the role of the customer and use the Order Menu to build your ultimate truck order, see your ROI, and compare options. At the end, see the savings that your investment can bring. This is just one example of what you can build. We work with a variety of customers in different industries.
Challenge: Some organizations, especially those selling capital equipment or projects with hardware, software, services, consumables, leasing etc. can be challenged with presenting a compelling and coherent product offering at all! Such a complex sale often requires not only portraying the capabilities of the project itself but also modeling the investment and expected return. A Commercial CPQ model might align your products and services to customer productivity improvements and cost savings to paint a vision not only of what they should buy but also justify why a purchase is right for the business case and potentially how to fund it. For large, complex sales customers will often be able to commit only after they have created and iteratively compared multiple scenarios – this might be done together with the sales team or the customer might want to explore alternatives themselves. A Commercial CPQ system might also be configured to automatically suggest higher revenue or bundled options or otherwise ensure margin compliance when creating custom proposals.
Challenge: Some organizations, especially those selling products with complex BOMS (bills-of-material), can find it difficult to configure exactly the right instance of a product to suit the needs of a customer. Without proper guidance, sales might propose combinations of functionality that are mutually exclusive or propose an incomplete sale that sets expectations for performance that cannot be met. An incorrect or incomplete quote can be impossible to manufacture because key components do not “fit together” or are not compatible without additional parts to allow interoperability. Mistakes here drive high costs in the manufacturing plant, where other manufacturable quotes sit idle while the team tries to figure out what was implied by the errant order. Worse yet, un-assemblable parts might be sent to the customer site, where the install team struggles, flies in experts, rush orders new parts, while the frustrated customer sits without the promised production capacity. For this type of use case, the biggest challenge can either be the depth of compatibility rules for the product itself (product BOM complexity), or the lack of ability to capture the customer requirements such that the proper custom product can be configured… or both.
Nikki James, Global Director I Johnson Controls
Rich Lopez, Financial Modeling Manager I Litehouse Inc.
Quantrix Modeler, our cutting-edge business and financial modeling application, addresses the limitations and risks inherent in traditional spreadsheets. Quantrix Modeler provides the most robust and flexible modeling environment for professionals who need to intuitively model financial and operational scenarios, using our proprietary super-fast multi-dimensional calculation engine.
UNPARALLELED CALCULATION
PERFORMANCE
Award-winning calculation performance. The Quantrix calculation engine makes professional business modeling simple with smart tools.
NEXT GENERATION BUSINESS
MODELING PLATFORM
A unique, smart modeling environment for professionals who need to develop and model financial and operational scenarios with confidence using built-in version control, security, user roles and permissions.
ENTERPRISE
COLLABORATION
Quantrix Qloud® delivers a breakthrough in the ability to securely share and collaborate on multi-dimensional models with colleagues and clients from anywhere with an internet connection.
BUILD ON THE BEST
Our robust and powerful APIs are use some by the worlds leading organizations to customize our technology to suit their needs.
BY YOUR SIDE
Our experienced professional services team combined with our global partner network will ensure project success.
MODEL WITH BIG DATA
Integrate with virtually any data source using powerful built-in technology. Handle billions of linked data points across hundreds of models.
Quantrix Modeler, our cutting-edge business and financial modeling application, addresses the limitations and risks inherent in traditional spreadsheets. Quantrix Modeler provides the most robust and flexible modeling environment for professionals who need to intuitively model financial and operational scenarios, using our proprietary super-fast multi-dimensional calculation engine.
UNPARALLELED CALCULATION
PERFORMANCE
Award-winning calculation performance. The Quantrix calculation engine makes professional business modeling simple with smart tools.
NEXT GENERATION BUSINESS
MODELING PLATFORM
A unique, smart modeling environment for professionals who need to develop and model financial and operational scenarios with confidence using built-in version control, security, user roles and permissions.
ENTERPRISE
COLLABORATION
Quantrix Qloud® delivers a breakthrough in the ability to securely share and collaborate on multi-dimensional models with colleagues and clients from anywhere with an internet connection.
BUILD ON THE BEST
Our robust and powerful APIs are use some by the worlds leading organizations to customize our technology to suit their needs.
BY YOUR SIDE
Our experienced professional services team combined with our global partner network will ensure project success.
MODEL WITH BIG DATA
Integrate with virtually any data source using powerful built-in technology. Handle billions of linked data points across hundreds of models.
USERS
CALCULATED CELLS
FEWER FORMULAS
SPREADSHEET ERRORS
*based on a typical Quantrix model versus Microsoft Excel® spreadsheet
**based on actual Quantrix customers reporting comparisons with Microsoft Excel® spreadsheets
This whitepaper educates spreadsheet users about three key conceptual and practical differences between Quantrix Modeler and Excel.
Develop a better understanding of what sets Quantrix apart from traditional spreadsheets.
This paper examines:
Who are the main users of Quantrix?
Most Quantrix customers are former spreadsheet users whose use cases have outgrown the abilities of traditional spreadsheets. In use cases where security, audit controls and reliability are tantamount to success, Quantrix can easily replace traditional spreadsheets that either can no longer calculate correctly and/or whose results take days or weeks to audit and update.
Our users come from many countries and many business verticals. Quantrix is used by finance professionals to develop forecasts and budgets and for ‘what if’ scenario planning and by business professionals to calculate risk. It is also used by scientists and information management specialists. Our users are in investment banking, universities, energy management and renewables, oil and gas, agriculture, non-profits and many more. Typical users build multi-dimensional models on the desktop and share them with any number of Quantrix Qloud users who view, use and edit the model with a browser.
How many cells can a Quantrix model process?
There are no set size limits for a Quantrix model. Even 32-bit machines can handle models of up to 10 million cells comfortably. With 64-bit computers, a decent processor and plenty of memory you can calculate over a billion cells.
Can I share my Quantrix Mac models with my colleagues who are working with the Windows version?
Yes. The two Modeler applications (Windows and Mac) can open models created in either Mac or Windows.
Who are the main users of Quantrix?
Most Quantrix customers are former spreadsheet users whose use cases have outgrown the abilities of traditional spreadsheets. In use cases where security, audit controls and reliability are tantamount to success, Quantrix can easily replace traditional spreadsheets that either can no longer calculate correctly and/or whose results take days or weeks to audit and update.
Our users come from many countries and many business verticals. Quantrix is used by finance professionals to develop forecasts and budgets and for ‘what if’ scenario planning and by business professionals to calculate risk. It is also used by scientists and information management specialists. Our users are in investment banking, universities, energy management and renewables, oil and gas, agriculture, non-profits and many more. Typical users build multi-dimensional models on the desktop and share them with any number of Quantrix Qloud users who view, use and edit the model with a browser.
How many cells can a Quantrix model process?
There are no set size limits for a Quantrix model. Even 32-bit machines can handle models of up to 10 million cells comfortably. With 64-bit computers, a decent processor and plenty of memory you can calculate over a billion cells.
Can I share my Quantrix Mac models with my colleagues who are working with the Windows version?
Yes. The two Modeler applications (Windows and Mac) can open models created in either Mac or Windows.