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As of 13 August 2026, AI can extract prices from supplier quotes for your proposal.
Most people should hand this to a purpose-built tool.
Can you do it?
5 minutesto a draft.
15 minutesto something you’d act on.
Cost, all in£0
Skill needednone
Who has to check ityou
What the alternative costsThe supplied tool data gives no price for a human or specialist alternative.
If this goes wrong: a wrong unit, currency, VAT treatment or validity period reaches your proposal and can damage margin or credibility.
What to actually do
Use a tool built for this
The route this page recommends
Do it yourself
Second choiceA chat interface, no skill needed, and roughly 15 minutes until you can act on the result.
How to actually do it
- Open each supplier quote and rename the files with the supplier name and quote reference so you can identify the source documents.
- Gather the proposal brief, required quantities, delivery location, currency requirement and any internal rules about VAT, discounts or preferred suppliers.
- Redact bank details, personal contact details and other information that the extraction does not need, then attach the quotes or paste their text into an AI chat.
- Paste the prompt and replace the bracketed sections with the proposal requirements, without asking the model to fill gaps or select a preferred price.
- Compare every extracted price, quantity, unit, VAT statement, charge and validity period with the cited page or section in the original quote.
- Correct the checked table, record any unresolved CHECK SOURCE items with the supplier, then copy only the confirmed figures and terms into the proposal.
Prompt
Extract the pricing information from the supplier quote or quotes below for use in a UK business proposal. Supplier quote text or attached documents: [PASTE OR ATTACH THE QUOTES] Proposal requirements: [STATE WHICH PRODUCTS OR SERVICES YOU NEED, THE REQUIRED QUANTITIES, DELIVERY LOCATION, CURRENCY, AND ANY DEADLINE] Return a table with these columns: supplier, quote reference, source page or section, item or service, description, quantity, unit, unit price, line total, currency, VAT treatment, delivery or other charges, quote validity, lead time, payment terms, exclusions, assumptions, and extraction issues. Preserve the supplier's wording and figures exactly. Do not convert currencies, calculate totals, apply discounts, infer missing VAT, or choose between conflicting prices unless I explicitly ask you to do so. If a value is absent, write "not stated". If text is unclear, cropped, contradictory or likely to have been read incorrectly, mark it "CHECK SOURCE" and explain why. After the table, list every figure that needs manual confirmation against the original document. Do not invent any information.
Open it prefilled in ChatGPT or Claude, or copy it into Gemini, which takes no prefill link.
Hand it to a person
The distant thirdA person who owns the outcome does this end to end, worth it when the failure is dear.
What it gets wrong
- AI cannot decide whether an ambiguous line refers to the product you intend to propose.
- AI cannot know whether a quote is still commercially valid unless the supplier or document confirms it.
- AI can misread scanned figures, decimal points, units, currencies and VAT wording.
- AI cannot take responsibility for the margin, commitment or credibility consequences of a wrong figure.
- AI cannot resolve conflicting supplier quotes without your commercial rules and judgement.
Even on a YES, the friction has a name: judgement under ambiguity, stakes of error and context depth.
How we scored this
Five axes, each scored nought to two by hand: ten means AI carries the task cleanly, and the thresholds that turn a total into YES, PARTLY or NO are published in the methodology. Each axis name links to its definition.
| Axis | Score (0–2) |
|---|---|
| Output | 2 |
| Inputs | 2 |
| Verification | 2 |
| Liability | 1 |
| Effort delta | 2 |
| Total | 9 / 10 |
The methodology and its thresholds are published in full.
FAQ
- Can ChatGPT read supplier quotes?
- Yes. It can extract prices and related terms from pasted text, PDFs and many scanned documents into a table. Check each value against the original quote because poor scans and ambiguous layouts can produce transcription errors.
- Can AI compare prices from different supplier quotes?
- Yes, it can put items and prices from several quotes into a comparison table. It should not decide that two differently described items, units or VAT treatments are equivalent without your confirmation.
- Can AI calculate the price I should put in my proposal?
- It can perform calculations if you provide the rules, quantities and confirmed supplier figures. It should not choose your margin, resolve missing costs or infer whether VAT and delivery charges belong in the proposed price.
- Is it safe to upload supplier quotes to AI?
- Only use a service approved for your organisation and remove confidential details that the extraction does not need. Check your supplier agreements and internal data policy before uploading commercially sensitive quotes.
Nearby answers
- Can AI suggest a price for my sales proposal?YES
- Can AI write a sales proposal for my UK business?YES
- Can AI answer customer proposal questionnaires?YES
- Can AI check my sales proposal for legal risks?PARTLY
- Can AI create a branded quote template for my business?YES
- Can AI create good, better and best pricing options for my proposal?YES
Assessed by gpt-5.6-luna (gpt-5.6-luna) on 2026-08-13, second-checked by an independent model. Wrong somewhere? Email [email protected] and it gets re-checked.
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