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	<title>competitive bid | ENACT</title>
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		<title>ENACT ENVISION Platform Expands Cost Modeling Capabilities</title>
		<link>https://enact.solar/enact-envision-platform-expands-cost-modeling-capabilities/</link>
					<comments>https://enact.solar/enact-envision-platform-expands-cost-modeling-capabilities/#respond</comments>
		
		<dc:creator><![CDATA[Anil]]></dc:creator>
		<pubDate>Fri, 12 Mar 2021 15:22:41 +0000</pubDate>
				<category><![CDATA[Enact Updates]]></category>
		<category><![CDATA[U.S.]]></category>
		<category><![CDATA[competitive bid]]></category>
		<category><![CDATA[forecasting of inventory]]></category>
		<category><![CDATA[integrated with ERP / Accounting software]]></category>
		<category><![CDATA[project margins]]></category>
		<category><![CDATA[Solar design software tools]]></category>
		<category><![CDATA[solar pricing and margin]]></category>
		<category><![CDATA[vendor price changes]]></category>
		<guid isPermaLink="false">https://enact.hyperfrontier.com/enact-envision-platform-expands-cost-modeling-capabilities/</guid>

					<description><![CDATA[The ENACT ENVISION module for Design, Proposals and Project management of Solar and Energy storage projects has unique end-to-end capabilities, one of which is detailed cost analysisat a line-item based bill-of-materials (‘BOM’) level, that can be customized by users of any account. Detailed Cost Modeling for Residential and Commercial Projects ENACT allows Companies to create [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>The ENACT ENVISION module for Design, Proposals and Project management of Solar and Energy storage projects has unique end-to-end capabilities, one of which is detailed cost analysisat a line-item based bill-of-materials (‘BOM’) level, that can be customized by users of any account.</p>
<h3 class="small-title-new">Detailed Cost Modeling for Residential and Commercial Projects</h3>
<p>ENACT allows Companies to create complex cost models for different types of projects, with unlimited number of line-item rows, and open for all units of measure, or project size. During cost-profile set-up, gross margins can be adjusted on a line-item basis. Pricing and/or cost of individual hardware items – e.g. module or inverter &#8211; can be tracked at a unit level, and vary at a model number level. Overall project margins can be tracked, adjusted to meet project goals easily and also allows ‘threshold’ limits.</p>
<p><img decoding="async" class="wp-image-3340 size-full aligncenter" src="https://enact-systems.com/wp-content/uploads/2021/03/ENACT-ENVISION-Platform-Expands-Cost-Modeling-Capabilities.jpg" alt="" width="1088" height="546" /></p>
<h3>Downloadable Bill-of-Material (BOM)</h3>
<p>A new capability just launched is that the user can download an Excel-based Bill-of-material (“BOM”) for each project, that has a complete line-item level pricing and cost detail. This can help users understand the ‘margin-stack’ on a deal, which might have to be adjusted for specific deals rapidly if there is a competitive bid situation.</p>
<p><img loading="lazy" decoding="async" class="wp-image-3341 size-full aligncenter" src="https://enact-systems.com/wp-content/uploads/2021/03/ENACT-ENVISION-Platform-Expands-Cost-Modeling-Capabilities-2.jpg" alt="" width="1088" height="546" /></p>
<p>There are multiple Solar design software tools out there, but often have very limited capabilities on the topic of solar pricing and margin analysis. This creates a bottleneck for Operations teams, when pricing changes need to be made rapidly due to product shortages or vendor price changes.</p>
<p>ENACT’s <a href="/proposals-contracts/">ENVISION Solar proposal software</a> provides Sales users sufficient flexibility to close a deal without bothering internal Engineering / Operations teams, that are often tied up. This enables smooth co-ordination between Sales and Operations team members as the business scales up, or during the peak season when everyone gets busy at the same time.</p>
<p>Detailed line-item cost tracking can also be integrated with ERP / Accounting software that allows forecasting of inventory based on order pipelines. Procurement teams can generate inventory forecasts which helps them plan orders better.</p>
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