What are the benefits of using the AI quote extractor tool?

The AI Quote Extractor removes friction from the quote submission process by automatically extracting key information from supplier documents. When users already have a quote prepared, they can simply upload the document and let AI do the rest.

The tool intelligently reads the uploaded file and pulls out the most relevant details, automatically populating critical fields within the CAFM system. This includes cost lines, values, and expiry dates, eliminating the need for manual data entry and reducing the risk of errors.

Designed to save time and improve accuracy, the AI Quote Extractor helps teams to:

• Upload supplier quotes and capture key details in seconds

• Automatically populate cost lines and important dates

• Reduce manual input and data inconsistencies

• Speed up quote submission and approval workflows

By converting unstructured documents into clean, usable data, the AI Quote Extractor streamlines your processes, improves data quality, and ensures quotes are ready for review as soon as they’re submitted.

You can read more about how to set this tooling up here.