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

"...Costimator allows me to create quoting templates that can be used and modified easily to create new estimates from similar quotes...." Peer review by Gene B., Quotation Engineer

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.

Costimator Cost Estimating Software Customer wins, Customer success stories, Case studies

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

Why is Costimator Cost Estimating Software the best choice for Products & Pricelist Management?

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.

 

Anadolu Metalurji Co. Selects Costimator Estimating Software

Anadolu Metalurji Co. has adopted MTI Systems' Costimator software to enhance cost estimation during the design phase, aiming to optimize production costs while maintaining high quality standards. Th...is decision allows Anadolu Metalurji to explore design alternatives efficiently, promoting innovation and cost control. Costimator aids manufacturers in precise cost and time estimation without CAD models, supporting informed design decisions.

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Landoll Corporation Seeing Big Results From Costimator Software

Landoll Corporation has achieved a 70% faster turnaround in cost estimates using MTI Systems' Costimator software, enhancing accuracy and efficiency in their manufacturing processes. The software, de...signed for machining, fabricating, and assembly, is used by major OEMs across industries like defense and aerospace. It offers a centralized database for consistent and accurate cost modeling.

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McNally Industries, LLC, selects Costimator

McNally Industries, LLC, has adopted MTI Systems' Costimator software to enhance their cost-estimating process. This adoption aims to improve quoting efficiency, speed, and accuracy, addressing previ...ous inconsistencies caused by reliance on experience and spreadsheets. Costimator provides a streamlined solution for estimating cycle times and manufacturing costs, crucial for McNally's operations in defense and aerospace sectors.

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ABEI Penang - Manufacturing

Costimator helped ABEI Penang speed up quoting and improve pricing accuracy. Before, they used Excel and had slow quote times and inconsistent prices. With Costimator, they set standard costs for mat...erials and processes. The system made quoting faster and more reliable. Their Sourcing Director says Costimator is practical and easy to use.

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Detroit Tool Metal Products (DTMP) - Manufacturing

Costimator helped Detroit Tool Metal Products improve quote accuracy and speed. Before, they relied on old data and slow methods. After using Costimator, they saw a 30% increase in turnaround time. T...he software made quoting faster and more consistent. This led to happier customers and more new orders. DTMP now uses industry standards for cost validation.

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Surry Logistix - Manufacturing

Costimator helped Surry Logistix improve cost estimating for contract machining and laser cutting. Before, only one estimator used Excel, risking errors and lost profits. With Costimator, multiple em...ployees now create accurate estimates. The company feels more confident in their quotes and pricing. This change reduced mistakes and improved profit margins.

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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 News

Awards

Costimator Nominated for Innovation Solution Award

Costimator, an advanced estimating system by MTI Systems, has been nominated for the Innovation Solution Award by Information Management magazine. The software, used by over 1,200 manufacturers, enhances estimating accuracy and efficiency. Aero Gear Inc. highlighted its benefits, including increased sales and improved customer service. The nomination underscores Costimator's impact on cost management in manufacturing.

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Company

MTI Systems Forms New Cost Estimating Services Division

MTI Systems has launched a new division, ShouldCost Estimating Services (SES), to offer part cost estimating services for manufacturing firms. SES uses MTI's Costimator OEM software to help companies identify cost-saving opportunities throughout the product lifecycle. This service addresses the growing demand for outsourced cost analysis as manufacturing firms reduce engineering staff.

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Company

Cost Estimating Software Provider Launches New Website

MTI Systems, a leader in manufacturing cost estimating solutions, launched a new website to enhance user experience and provide resources like demos, user guides, and calculators for their Costimator software. The site aims to facilitate research and improve communication with customers.

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Company

Manufacturer of leading cost estimating software changes company name

MTI Systems, formerly known as Manufacturers Technologies, Inc., has rebranded to reflect its expanded product and service offerings in manufacturing cost estimating. The name change, accompanied by a new logo, underscores the company's commitment to providing diverse solutions across manufacturing areas. The company also introduced an online cost estimating feature, enhancing accessibility and efficiency for users.

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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

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Financials

PRIVATE