Configure Price Quote (CPQ) software collects attributes of a configured item, applies rules, and then creates a configuration and quote. CPQ software simplifies and automates configuring and quoting products or services. It can be used by salespeople, channel partners, and customers to generate accurate quotes for complex products or services quickly. CPQ software can also be used to create proposals, price lists, and other sales collateral.
CPQ software typically includes a product catalog with pricing information, a rules engine to apply discounts or add-ons based on customer criteria automatically, and a quoting tool to generate accurate quotes. CPQ software can be integrated with CRM and ERP systems to streamline the quoting process and ensure quotes are consistent with pricing and product information in those systems.
CPQ software can help organizations improve quote accuracy, win more sales, and accelerate the sales cycle. It can also help reduce the cost of quoting by automating repetitive tasks and reducing the need for manual data entry.
Related Blog Articles
Implementing ERPs in manufacturing companies - Tips and Considerations
Are you considering implementing an ERP in your manufacturing company? It's a big decision, and there's much to consider. But don't worry - we're here to help. This blog post will share tips and tricks for making the most of your ERP implementation. Whether you're just starting or you've been working with ERPs for years, we hope you'll find these tips helpful. So let's get started!
Understanding Customer Relationship Management (CRM)
If you want to run a successful business, it is essential to have a sound customer relationship management system or CRM in place. A CRM can help you keep track of your customers, their needs and wants, and how to best serve them. There are many different CRMs out there, so it is essential to find one that will work well for your business. This blog post will discuss implementing...
CRM Systems for SMEs
As a business owner, you know the importance of managing customer relationships. An effective Customer Relationship Management (CRM) system is essential for any small to medium-sized enterprise (SME). CRMs enable businesses to store and manage customer data, track sales leads, and automate marketing campaigns from one central location.With a CRM system, SMEs can eliminate manual processes associated with managing customers, such as relying on salespeople’s notes or spreadsheets, instead of...Want to see SIX for yourself?
Need help, have questions or want to get a free demo?
Please read our Privacy Policy on how we process personal data. We will never share your data!
