CPQ as a SaaS
Most
companies don’t want to invest in heavy IT infrastructure in order to
incorporate any software application into their business. Cloud-based Configure price quote software are now
emerging as a superior alternative to on-premise applications. Cloud CPQ are
not tied to physical constraints such as hard-drive space and memory, hence are
easily scalable. This is critical for growing businesses that require scalable
applications to handle increased workload of transactions.CPQ as a SaaS product
is quick and easy to deploy, accommodates future expansions and moreover can be
easily integrated with existing business systems.
Mobile Accessibility
More and more
businesses are now preferring mobile transactions for their services. Mobile
transactions are convenient and becoming more mainstream to business
operations. Keeping this in mind, many CPQ companies are increasingly turning
to mobile devices to deliver their products and services. No wonder, CPQ software designed today is now
accessible on any device.
Quite a few
CPQ companies are now developing mobile apps to give a responsive experience
for their customers. Some of the most complex quotes can be created anywhere,
at any time using smartphones. Making mobile apps available for CPQ needs can
certainly increase the market place of these companies. One survey has revealed
that 83% of companies are using CPQ apps to close complex deals faster and
increase sales.
Multi-source CPQ Networks
A company may
collaborate with another company and then go to the market for selling
products. In such circumstances, the combined partnership may give rise to a multiple
sales force located in different locations. A CPQ tool designed for a single in-house
team might not work in such a scenario. This has led to the development of
multi-source CPQ networks that allow users to create a quote containing
products from multiple sources. Moreover, the user can generate multiple orders
from that same quote and then send it to different customers.
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