Reinvent the
way you sell products using CPQ solution. CPQ that stands for Configure price
quote is a software solution that is designed to configure and quote complex products
in the most optimal way. While creating the quote, the software tools follows
the various pricing parameters set by the management. As a result, you are able
to create quotes without any errors.
The cost
associated with production and other economic factors are taken into
consideration, hence company’s margin is not killed while creating quotes.
Value added resellers who follow complex sales process commonly using this
software tool to make it easier to do business.
Faster sales
cycle and access to upsell and cross-sell opportunities during quote creation
are some of the biggest advantages of using CPQ software. According to the Aberdeen Group, the sales cycle can see a 28% reduction
with CPQ, thereby positively impacting sales rep productivity. No wonder, you
can definitely improve your existing processes using this tool.
Closing
bigger deals has always been tedious and painstaking but with these tools
closing some of the most complex deals is a breeze. Slower quote time would become
a thing of the past. So no matter how complex your business becomes, you can
completely rely on this software tool to efficiently manage your business.
Moreover, Configure price quote software comes
with built-in sales analytics, thereby giving you a clear idea of which product
configuration will work and help in increasing sales. CPQ with its real-time
analytics help you to track products and pricing trends. This will make you aware
of products that are in great demand and moreover allow you to decide their
competitive pricing that help you sell.
On the whole,
when you feel that your quoting process has become time-consuming, it is time
to automate it with CPQ, which will allow you to create some of the best quotes
in minimum amount of time.
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