6 docs tagged with "qom"

QOM provides import interfaces for bringing quote and order data from external systems into Raytio. Imports allow incoming data to be grouped, validated, monitored, and then turned into QOM quote or order records.

An order represents a confirmed commercial commitment from a customer. Unlike quotes, orders do not have a versioning layer — once an order is placed, changes are tracked through status updates and quantity adjustments on the order lines rather than through new versions.

Quote and Order Management (QOM) is built around two commercial document types: quotes and orders. Quotes support multiple pricing revisions before a customer commits. Orders represent confirmed commercial commitments and track fulfilment from placement through to shipment.

Raytio's Quote and Order Management (QOM) capability handles the commercial lifecycle from initial price quotation through to confirmed sales order. It supports multi-version quoting, order fulfilment tracking, and external system imports within the Raytio platform.

Quote-to-order conversion is the process of turning an accepted quote into a confirmed sales order. QOM supports this transition while keeping quotes and orders as separate commercial documents. This page explains the differences between them and how information maps from one to the other.

A quote is a pricing proposal made to a party. In QOM, quotes are structured as a three-level hierarchy: quote headers, quote versions, and quote lines. This design separates the commercial relationship (who the quote is for, shipping terms) from the pricing detail (which items, at what price) and allows multiple pricing revisions to coexist under a single quote.