How does Hoop’s AI-Powered Quotes feature benefit sales teams?
The AI-Powered Quotes feature fundamentally streamlines the quote-to-cash process, significantly reducing the time reps spend on repetitive, administrative tasks like drafting and customisation. This efficiency allows sales professionals to dedicate more time to high-value activities such as discovery, negotiation, and engaging multiple stakeholders, which directly contributes to higher close rates and faster revenue generation.
By using prebuilt templates and leveraging CRM context, the AI ensures that every proposal is accurate and adheres to branding guidelines. Key benefits include:
- Faster creation of branded, high-quality proposals.
- Improved consistency and compliance across all sales documentation.
- Real-time insight into buyer engagement for timely follow-up.
What is the typical setup process for AI-Powered Quotes?
Setting up AI-Powered Quotes on the Hoop platform is straightforward, designed for quick time to value. The initial setup involves integrating with your existing CRM to access necessary deal context and configuring your brand assets, including logos, colors, and legal terms, into the content library.
Users also establish clause libraries, maintaining reusable sections for speed and consistency, and define the prebuilt quote templates that guide the AI’s drafting process. This ensures that the generated quotes immediately reflect your product catalog, current pricing, and compliance requirements. Most companies can deploy the core functionality within a few hours to a day, seeing immediate gains in proposal generation speed.
Can we still control and approve quotes generated by the AI?
Yes, absolutely. The AI-Powered Quotes feature is designed to assist, not autonomously govern. Human oversight and policy enforcement remain critical components of the workflow. The Hoop platform ensures that approval rules still gate the final sending of proposals, protecting company policy and maintaining necessary compliance checks before a document reaches the buyer.
Sales managers can set up automated approval paths based on criteria like discount levels or total deal value. This allows reps to generate accurate drafts quickly, while management retains control over the final commercial terms, ensuring that all finalized proposals adhere to both internal governance and legal requirements.
What data does the AI use to ensure quote accuracy?
The AI pulls real deal and product data directly from your interconnected systems to maintain accuracy. Templates lock in the structural framework of the quote, while the AI intelligently populates the dynamic content. This prevents manual data entry errors and ensures that proposals are always based on the most current information.
Specifically, the feature relies on several key data sources:
- CRM data for customer details and deal context.
- Product libraries for current prices, SKUs, and descriptions.
- Clause libraries for approved legal and commercial terms.
By leveraging these sources, the AI delivers proposals that are always accurate and on-brand, eliminating the risk associated with relying on outdated or manually entered information.
Which Hoop pricing plans include the AI-Powered Quotes feature?
The AI-Powered Quotes feature is available across several Hoop pricing tiers, ensuring accessibility for businesses of various sizes and complexity. You can find this powerful automation capability included in the Core, Pro, and Enterprise plans.
The specific usage limits and advanced functionalities, such as complex approval workflows or custom data integrations, will scale based on the plan you select. For instance, Enterprise users typically benefit from the highest capacity for quote generation and the most granular control over clause libraries and user permissions, tailoring the AI assistance to high-volume or highly regulated sales environments.
How does the feature handle e-signatures and payment capture?
The AI-Powered Quotes feature supports complete quote-to-cash continuity by integrating e-signature and payment capture directly into the buyer's experience. Once a quote is generated and sent, buyers review, sign, and pay on a single, streamlined page, eliminating friction points that often delay deal closure.
Post-signature, the system automatically triggers subsequent financial workflows. This includes immediate invoice creation and revenue synchronization with your financial systems, as well as initiating provisioning and onboarding workflows, all within the secure Hoop environment. This automation compresses the entire sales cycle, from customer intent right through to revenue realization.
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