Costimator Cost Estimating Software Overview

Costimator® by MTI Systems streamlines the estimating and quoting process for manufacturers, especially in machining and sheet metal fabrication. This feature-based software tailors cost estimating for parts, delivering accurate quotes quickly. With its specialized cost models, Costimator® provides a competitive edge by reducing turnaround time and enhancing precision in cost analysis. This tool is indispensable for manufacturers seeking to refine their quoting accuracy and efficiency, ensuring they stay ahead in a competitive industry.

Use Cases

Customers recommend Proposal & Quote Management, Onboarding, Products & Pricelist Management, as the business use cases that they have been most satisfied with while using Costimator Cost Estimating Software.

Other use cases:

  • Collaboration
  • Contract Management
  • Digital Signature
  • Lifetime Value Management
  • Measuring Customer Satisfaction
  • Coaching
  • Competitive Intelligence
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Business Priorities

Acquire Customers and Improve Consistency are the most popular business priorities that customers and associates have achieved using Costimator Cost Estimating Software.

Other priorities:

  • Improve Visibility
  • Increase Sales & Revenue
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Costimator Cost Estimating Software Use-Cases and Business Priorities: Customer Satisfaction Data

Costimator Cost Estimating Software's features include Calculator, Templates, and Personalization. and Costimator Cost Estimating Software support capabilities include 24/7 Support, Email Support, Chat Support, etc. also Costimator Cost Estimating Software analytics capabilities include Analytics, and Custom Reports.

Reviews

"...I would recommend it to any manufacturer looking for a more consistently accurate approach to quoting potential work...." Peer review by Michael F., Estimator

Costimator Cost Estimating Software, belong to a category of solutions that help CPQ. Each of them excels in different abilities. Therefore, determining the best platform for your business will depend on your specific needs and requirements.

Costimator enables accurate cost estimates with minimal user experience. Estimators achieve consistent accuracy regardless of their manufacturing knowledge.

Popular Business Setting

for Costimator Cost Estimating Software

Top Industries

  • Manufacturing
  • Design
  • Automotive

Popular in

  • Small Business
  • Enterprise
  • Mid Market

Costimator Cost Estimating Software is popular in Manufacturing, Design, and Automotive and is widely used by Small Business, Enterprise, and Mid Market.

Comprehensive Insights on Costimator Cost Estimating Software Use Cases

What makes Costimator Cost Estimating Software ideal for Proposal & Quote Management?

How can Costimator Cost Estimating Software enhance your Products & Pricelist Management process?

11+ more Business Use Cases

101 buyers and buying teams have used Cuspera to assess how well Costimator Cost Estimating Software solved their CPQ needs. Cuspera uses 331 insights from these buyers along with peer reviews, customer case studies, testimonials, expert blogs and vendor provided installation data to help you assess the fit for your specific CPQ needs.

Case Studies

Manufacturing

CASE STUDY Northeast Manufacturing

Costimator helped Northeast Manufacturing improve quoting speed, accuracy, and consistency. The company needed a better way to estimate costs and win more jobs in a tough market. Costimator let them ...create fast, accurate quotes and avoid underbidding. They increased their RFQ win rate by 100%. Estimating time dropped by up to 200%. Shop floor productivity rose by up to 30%. The software also helped with customer service and sales by providing detailed process plans and reports.

Manufacturing

CASE STUDY Precision Machine Fabrication

Costimator helped Precision Machine Fabrication improve their quoting process. Before, only one person estimated jobs by hand, which took a lot of time and lost them business. With Costimator, multip...le estimators can work together and create quotes faster. The software is easy to use and has helpful cost models. After using Costimator, Precision Machine Fabrication increased their quote throughput by 50%.

Manufacturing

CASE STUDY MCG Portugal

Costimator helped MCG Portugal, a metal manufacturing company, fix problems with slow and inconsistent cost estimates. Before, each estimator used their own spreadsheet, causing delays and lost busin...ess. With Costimator, MCG Portugal now has a shared costing database. This change made their quotes more consistent and much faster. They saw a higher bid-to-award ratio and better customer loyalty. The system was up and running in just three days.

Manufacturing

CASE STUDY National Tool & Manufacturing

Costimator helped National Tool & Manufacturing fix problems with quoting and cost estimating. Before, they had no oversight, inconsistent quotes, and trouble tracking jobs. After using Costimator, t...hey saw better pricing consistency and more accurate quotes. The software made it easier to share and review quotes. It also helped them spot problems in production and improve delivery times. Estimators liked how they could adjust the system for their needs.

Manufacturing

CASE STUDY Mattson/Witt Precision Products, Inc.

Costimator helped Mattson/Witt Precision Products, Inc. fix their quoting process. The company had problems with inconsistent estimates and wasted time using old data. Costimator gave them a simple, ...accurate way to estimate costs for both simple and complex parts. The team now quotes jobs faster and with more confidence. They can project profits each month and no longer need to defend their prices to customers.

Manufacturing

CASE STUDY McNally Industries, LLC

Costimator helped McNally Industries, LLC improve their cost estimating process. Before using Costimator, they struggled with slow, inconsistent, and subjective estimates. After implementation, they ...saw faster turnaround times, more accurate and objective estimates, and better pricing consistency. The system was customized to fit their business and made data more accessible. McNally Industries is now very happy with the results.

Video

Why Choose Costimator for Estimating and Quoting

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Peers used Costimator Cost Estimating Software for proposal & quote management and onboarding

Costimator Cost Estimating Software Features

  • Low
  • Medium
  • High
FEATURE RATINGS AND REVIEWS
AI Powered

3.22/5

Read Reviews (1)
Analytics

3.17/5

Read Reviews (38)
Custom Reports

2.98/5

Read Reviews (44)
CAPABILITIES RATINGS AND REVIEWS
AI Powered

3.22/5

Read Reviews (1)
Analytics

3.17/5

Read Reviews (38)
Custom Reports

2.98/5

Read Reviews (44)

Software Failure Risk Guidance

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for Costimator Cost Estimating Software

Overall Risk Meter

Low Medium High

Top Failure Risks for Costimator Cost Estimating Software

MTI Systems, Inc Profile

Company Name

MTI Systems, Inc

Company Website

//mtisystems.com

HQ Location

1111 Elm St., Suite 6, West Springfield, MA 01089, US

Employees

11-50

Social

Financials

PRIVATE