Understanding Quotes and Orders in WizCommerce
Wholesale transactions often move through a proposal stage before a purchase is finalized. WizCommerce supports both quotes and confirmed orders — allowing sales teams to manage the full sales cycle from initial pricing discussions to final fulfillment, without re-entering information at each stage.
Understanding the Difference
Quote
A quote is a formal price offer sent to a buyer for review and approval before any commitment is made. It is not a purchase, it does not reserve inventory or trigger fulfillment in your ERP. Quotes are commonly used in wholesale when pricing needs sign-off, when a buyer needs time to confirm quantities, or when an order is large enough to warrant a formal proposal stage.
Order
An order is a confirmed commitment to purchase. Placing an order finalizes the transaction, reserves inventory based on your settings, and initiates fulfillment in your ERP. Once an order is confirmed, it moves into your operational workflow.
At a Glance:
| Quote | Order | |
|---|---|---|
| Commits to purchase | No | Yes |
| Reserves inventory | No | Yes |
| Triggers ERP fulfillment | No | Yes |
| Can be edited | Yes | Depends on status |
Learn more: See [How a Quote Becomes an Order - link to convert a quote] for a step-by-step walkthrough of the conversion process.