Savannah, GA – November 12, 2025 – QuoteIQ, the rapidly growing CRM platform revolutionizing field service management, today announced the launch of its fully integrated Inventory Management system. This strategic addition directly addresses one of the most persistent operational challenges facing HVAC companies, plumbers, electricians, general contractors, and other trade professionals—ensuring technicians have the right parts at the right time without tying up capital in excess stock.
The announcement comes as the field service management market continues its explosive growth trajectory, with industry analysts projecting the sector will reach $24.3 billion by 2030, growing at a compound annual growth rate of 19.7%. Within this expanding market, inventory management has emerged as a critical component, with studies showing that effective inventory control can reduce operational costs by 30-40% while significantly improving first-time fix rates and customer satisfaction.
Real-Time Tracking Solves Multi-Billion Dollar Problem
Poor inventory management costs field service businesses billions annually through delayed projects, emergency part orders, technician downtime, and customer dissatisfaction. Field service companies without effective inventory systems face inaccurate stock levels, missing tools, project delays, increased costs, and frustrated clients. For HVAC contractors alone, a single missing part can mean the difference between completing a service call and scheduling a costly return visit.
QuoteIQ’s new Inventory Management feature provides real-time visibility into parts, materials, and equipment across multiple locations—from warehouse to service trucks to job sites. The system automatically updates stock levels as technicians use materials, triggers reorder alerts when inventory runs low, and provides comprehensive reporting on usage patterns and costs.
“We’ve spent over two decades in the field service trenches, and we know firsthand how devastating poor inventory management can be to a growing business,” said Mike Vidan, Co-Founder of QuoteIQ. “You’re either tying up thousands of dollars in excess inventory sitting in warehouses, or you’re sending technicians to jobs without the parts they need. Both scenarios kill profitability and erode customer trust. Our users told us they needed a solution that was as comprehensive as enterprise platforms but without the enterprise price tag and complexity.”
Responding to Explosive Demand from HVAC, Plumbing, and Contractor Markets
The launch of QuoteIQ’s Inventory Management comes in response to surging demand from trade professionals beyond the company’s traditional pressure washing and exterior cleaning customer base. In recent months, QuoteIQ has experienced a significant influx of HVAC companies, general contractors, plumbers, electricians, and other trades seeking affordable, full-featured alternatives to legacy field service software.
The HVAC industry alone is projected to experience mid-single digit revenue growth in 2024, creating increased demand for sophisticated inventory management as companies scale operations. HVAC systems require a vast array of components of varying sizes, from small fasteners to heavy compressors and giant-size condensers, making inventory tracking and management particularly challenging.
“What sets us apart is that we’re self-funded and bootstrapped—we answer to our users, not venture capital firms chasing quarterly returns,” said Justin Rogers, Co-Founder of QuoteIQ. “This gives us the agility to make quick decisions and build the features that will have the greatest impact for the most users. When our HVAC, plumbing, and contractor customers told us they were struggling with inventory management, we didn’t put it on a roadmap for next year—we built it.”
Comprehensive Features Designed for Field Service Realities
QuoteIQ’s Inventory Management system includes:
Real-Time Stock Tracking: Monitor inventory levels across warehouses, service vehicles, and job sites with automatic updates as materials are used or transferred.
Automated Reorder Alerts: Customizable low-stock notifications prevent stockouts while avoiding over-ordering that ties up capital.
Multi-Location Management: Track inventory across unlimited locations with instant visibility into where every part is located.
Usage Analytics: Comprehensive reporting on inventory usage patterns, costs per job, and technician efficiency to optimize purchasing decisions.
Integrated Purchasing: Streamlined purchase order creation and tracking that syncs automatically with inventory levels and vendor management.
Mobile Accessibility: Technicians can scan barcodes, request parts, and update inventory status directly from their smartphones in the field.
Job-Site Inventory Assignment: Allocate specific materials to jobs in advance, ensuring technicians arrive prepared and reducing trips back to the warehouse.
The system integrates seamlessly with QuoteIQ’s existing work order management, scheduling, customer management, and invoicing features, creating a unified platform that eliminates the need for multiple disconnected software tools.
Competitive Advantage Through User-Driven Development
With a current valuation of $30 million and serving over 40,000 active users, QuoteIQ has established itself as a formidable competitor to legacy platforms like ServiceTitan, Jobber, and HouseCall Pro—but at a fraction of the cost. The company’s bootstrapped approach allows for rapid feature development based on direct user feedback rather than investor priorities.
“The traditional software model is broken for field service businesses,” Vidan explained. “Companies are paying $300-$600 per user per month for platforms built by people who’ve never run a service truck or dealt with angry customers because a technician showed up without the right parts. We’ve lived this life. We know what features actually move the needle, and we’re building them faster than anyone else in the market.”
Critical components of field service management include work-order management, customer management, inventory management, service contract management, reports and analytics, and schedule and dispatch. QuoteIQ now offers all of these capabilities in a single, affordable platform designed specifically for small to mid-sized field service businesses.
Expanding Across the Trades
While QuoteIQ initially gained traction in the pressure washing, exterior cleaning, and property maintenance sectors, the company is now experiencing rapid adoption across diverse field service verticals. The addition of Inventory Management positions QuoteIQ to capture market share in industries where parts and materials management is critical to operational success.
“We’re seeing incredible momentum in HVAC, plumbing, electrical, roofing, and general contracting,” Rogers noted. “These industries have been underserved by affordable, comprehensive software solutions. They either cobble together multiple point solutions that don’t talk to each other, or they pay enterprise prices for software that’s overkill for a 10-truck operation. We’re building the platform these businesses actually need.”
The company plans to continue expanding its feature set based on user feedback, with upcoming releases focused on advanced scheduling optimization, customer portal enhancements, and additional integrations with popular accounting and payment processing platforms.
About QuoteIQ
QuoteIQ is a self-funded, bootstrapped CRM platform purpose-built for field service businesses. Founded by Mike Vidan and Justin Rogers—both veteran service business owners with over 20 years of combined industry experience—QuoteIQ serves over 40,000 active users across home service industries including pressure washing, HVAC, plumbing, electrical, roofing, carpet cleaning, and landscaping. The company has achieved a $30 million valuation through sustainable growth and maintaining a relentless focus on user needs. QuoteIQ provides comprehensive work order management, scheduling, customer relationship management, invoicing, inventory management, and business intelligence tools at a price point accessible to growing service businesses.
For more information, visit www.myquoteiq.com.
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Editor’s Notes:
- The Field Service Management market is projected to grow from $3.24 billion in 2021 to $8.06 billion by 2028, at a CAGR of 13.9%.
- Almost one in every two field service enterprises now uses FSM software, and three out of four businesses adopting mobility have increased employee productivity and customer satisfaction rates.
- Research shows that 74% of mobile workers say customer expectations are higher than they used to be, and 73% say customers now expect a personal touch.
- IoT-enabled condition monitoring and predictive maintenance can deliver 30-40% time savings in field service operations.
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Website: myquoteiq.com