Parspec

Introduction to Parspec

Parspec is an AI-powered platform designed to streamline product selection, quoting, and submittals for professionals in the electrical, lighting, controls, and switchgear industries. By automating complex workflows, Parspec enables teams to bid more efficiently, win more projects, and enhance profitability. Trusted by leading sales agents and distributors, Parspec transforms traditional processes into modern, data-driven workflows.

Key Features of Parspec

• AI-Powered Product Finder: Quickly identify specification-compliant product alternatives that align with customer preferences. Parspec’s AI engine analyzes technical requirements and suggests optimal solutions, reducing manual effort and decision-making time.
• Automated Quoting: Streamline the quoting process by automatically generating accurate quotes. Parspec integrates product selection, pricing, and lead time data to produce professional bid packages swiftly.
• Submittals & O&M Automation: Automate the creation of submittals and operation & maintenance (O&M) documents. Parspec extracts product details, associates datasheets, and compiles documents in minutes, significantly reducing preparation time.
• Cloud-Based Accessibility: Access Parspec’s tools from anywhere with an internet connection. The platform’s cloud-based nature ensures real-time collaboration and data synchronization across teams.

How to Use Parspec

Getting started with Parspec is straightforward:

1. Create a Project: Initiate a new project within the platform.
2. Upload a Bill of Materials (BOM): Import your project’s BOM in a supported format.
3. Utilize the Product Finder: Use the AI-powered tool to identify suitable products based on your specifications.
4. Generate a Quote: Leverage the quoting tool to create accurate and professional bid packages.
5. Prepare Submittals & O&Ms: Automatically generate submittals and O&M documents by associating relevant datasheets and manuals.

For detailed guidance, Parspec offers comprehensive tutorials and resources through Parspec Academy and the Knowledge Base.

Pricing Structure

Parspec offers flexible pricing plans tailored to different business needs:

• Silver Plan: $149/month (billed annually) – Includes 1 location, knowledge base access, and in-app chat support.
• Gold Plan: $349/month (billed annually) – Includes 3 locations, 1-hour guided onboarding, and quoting access.
• Platinum Plan: $559/month (billed annually) – Includes 5 locations, 2-hour guided onboarding, and additional features.
• Diamond Plan: $1,084/month (billed annually) – Includes 8 locations, 4-hour guided onboarding, and dedicated support specialist.

Each plan comes with a set number of platform credits that can be used across Parspec’s tools. For example, activating a Product Finder seat requires credits, while quoting and submittal tools consume credits when generating documents. Unused credits may roll over depending on your subscription type.

For a tailored quote or to explore monthly billing options, it’s recommended to contact Parspec’s sales team directly.

Frequently Asked Questions

• Is there a free trial available? Yes, Parspec offers a 14-day free trial. It’s advisable to have all key stakeholders onboard during this period to maximize its benefits.
• Can I purchase just the Product Finder? Yes, the Product Finder is available a la carte. Contact sales to finalize a quote.
• How long does it take to learn Parspec? Users are typically proficient in the application in under an hour. Most users complete their first production submittal package within the first 4 hours of use.
• Is Parspec secure? Yes, Parspec employs robust security measures to protect user data. For detailed information, refer to Parspec’s Trust Center.
• How is pricing determined? Pricing is based on platform credits, which are allocated according to your chosen subscription tier. Each tool within Parspec consumes a certain number of credits per use.