Proposify

Overview
News
Contract Management Tools?
Product stageSegments
Go-to-Market
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Specialized Contract Management
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Proposify is a cloud-based proposal software that helps businesses streamline the sales process by creating professional and branded quotes, proposals, and agreements. Its user-friendly platform allows sales teams to easily customize design-friendly templates with a drag-and-drop interface. This enables them to generate error-free, on-brand documents efficiently, reducing the time spent on approvals and revisions.

Proposify's key features include a centralized content library, reusable templates, e-signature capabilities, and real-time tracking of prospect engagement. Its analytics provide insights into how clients interact with proposals, helping teams tailor follow-up strategies for quicker closes. The software integrates with various CRM and business tools like Salesforce, HubSpot, and QuickBooks.

In October 2021, Proposify introduced new approval workflow enhancements, allowing teams to set approval criteria based on document type, deal value, discounts, and optional fees. This streamlined the internal sign-off process, reducing bottlenecks and enabling faster deal closures.

While Proposify faced challenges in 2022, laying off 25% of its staff due to missed growth targets, the company remains focused on its product roadmap. It claims to have over 10,000 customers and grew by 18% in 2021, with plans to release a "game-changing" product in 2022.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
1877 Hollis St #500 Halifax NS CAN
Founded year:
2012
Employees:
51-100
IPO status:
Private
Total funding:
USD 12.6 mn
Last Funding:
USD 3.9 mn (Series Unknown; Sep 2021)
Last valuation:
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