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Parspec

AI-NATIVE QUOTING AND PROJECT MANAGEMENT

Monthly visits
79.5K
Added
Dec 25 2023

About Parspec

Parspec offers an AI-native platform that unifies quoting, submittals, O&Ms, project management, and sales workflow for distributors and representative agencies. It targets MEA and electrical distributors, providing tools to quote complex projects, manage orders, and improve visibility across the project lifecycle. The product emphasizes reducing manual work and enabling faster bid responses within a connected workspace.

Parspec is designed to connect a fragmented construction materials ecosystem through AI-powered workflows and a shared data foundation. The platform integrates product intelligence with collaborative processes to support material discovery, procurement, and supplier relationships. It aims to minimize waste by digitizing workflows that were previously handled with disparate tools and spreadsheets.

It highlights real-time project visibility, pricing with historical data, and end-to-end workflow across BOMs, submittals, orders, and invoicing within a single platform.

Parspec emphasizes enterprise-grade security and ERP integrations, with claims of SOC 2 Type II compliance and ERP-agnostic architecture. The company notes partnerships or integrations with major ERP systems and custom solutions, along with a hands-on implementation approach and dedicated success teams to support adoption.

Use cases

  • Rep agents bring intelligence to quoting and project management

Key features

  • Quoting: Quote complex projects faster, with competitive pricing
  • Submittals + O&Ms: Create complete, professional submittal and O&M packages
  • Project management: Manage orders, fulfillment, changes, billing, and visibility
  • Sales management: Cross the full BOM and manage projects to closeout
  • ERP integrations: ERP-agnostic with integrations to Eclipse, Prophet 21, SAP

Pros and cons

Pros

Consolidates quoting, submittals, project management, and sales workflows in one platform

Reviews

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Frequently asked questions

What does Parspec do?
An AI-native platform to streamline quoting, submittals, project management, and customer visibility.
What data security or compliance features exist?
SOC 2 Type II compliant with encryption, role-based access controls, and continuous monitoring.
What integrations does Parspec support?
ERP integrations with Eclipse, Prophet 21, SAP, and custom systems; ERP-agnostic.

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