Provus Inc, an AI-powered services estimation, pricing, and quoting solutions provider, has revealed its first-of-a-kind agentic AI platform, Provus AI, designed specifically for services quoting. The platform has been purpose-built to automate, optimise, and speed up the revenue lifecycle for services-based engagements, providing services organisations with the means to enhance win rates, safeguard margins, and increase profits, the corporate claims.
In the technology industry, services make up roughly two-thirds of revenue. However, sales representatives spend lower than a 3rd of their time actively selling, as a substitute spending time on tasks like quote creations and handling administrative work.
To help save time on such tasks, Provus AI hopes to automate such manual processes, using a business’s past sales strategies, market data, and win rates to learn from and improve on. Therefore, quotes might be generated routinely with consistent accuracy, helping sales teams liberate time for practical work selling.
“Every yr, services organisations lose tens of millions of dollars as a result of manual quoting,” said Stawan Kadepurkar, Provus co-founder and CEO. “Provus AI brings agentic intelligence to services estimation, pricing, and quoting solutions, helping organisations move beyond static workflows to dynamic, AI-driven deal execution that is quicker, more accurate, and built for enterprise scale. Our platform gives revenue teams a full 360-degree view of each opportunity to be certain that deals aren’t only won, but that they’re won with the best margins, compliance, and [in line with] strategy.”
Provus AI integrates information from several sources, including existing workflows, company employees, internal systems, external market data, and industry intelligence. It gathers data to generate insights and “signals” that help sales teams
AI Agents integrated in Provus AI are:
- Quote Optimiser – Refines pricing strategies to spice up profitability.
- Deal Predictor – Forecasts the prospect of deal success.
- Proposal Response – Assists in creating faster and more relevant responses to proposals.
- Deal Rescue – Identifies and addresses opportunities which are at-risk to assist minimise and stop losses.
- Provus Admin – Automatically manages time-consuming administrative tasks within the platform.
A key feature in Provus AI is Discovery Intelligence, built to remodel “raw conversations and documents into structured outputs to compute a whole quote in minutes.” Provus AI analyses sales calls to discover potential challenges and opportunities.
The platform ensures any insights are reflected in ensuing quotes and proposals, so the requests for proposals (RFPs) turn out to be more precise, relevant, and more prone to enjoy success, the corporate says.
Core Analysis is a feature connected to an organization’s data sources like enterprise resource planning (ERP), customer relationship management (CRM), and skilled services automation (PSA). It helps discover margin risks, calculates win probability, tracks deal progress, and provides recommendations based on performance.
Field Intelligence lets teams scan external data sources equivalent to LinkedIn and applicable industry publications. It is able to tracking competitors, pricing patterns, and regulations in a market, aiding businesses make more accurate financial decisions.
Chris Murphy, Thoughtworks Global Chief Client and Revenue Officer and Provus customer, spoke of AI’s impact on his company and the modified skilled services sector.
“The past practice of charging for people’s time is rapidly going away in an AI-first world. Pricing now could be a mixture of individuals, tools, accelerators, and AI agents working together to create an final result – with pricing linked to that final result, fairly than the trouble taken to create it.”
(Image source: “The hard sell !” by CJS*64 is licensed under CC BY-NC-ND 2.0.)
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