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In this video tutorial, the speaker discusses the importance of quote revisions and the ease of managing them using the Quoter tool. Making changes to a quote that has already been sent to a client can be time-consuming without a quoting tool. Having a version history is crucial for context in the business relationship. Quoter allows for easy duplication, editing, and republishing of quotes with just a few clicks. Each new version or revision is denoted by a decimal point, making it easy to track changes. The tutorial demonstrates how to manage quote revisions efficiently within the app.