Advantages of CPQ Software

The more complex your product is, higher will be the variations in its configuration. Now creating multiple configurations of a product and then putting them into a quote is a time-taking activity. Considering the different possible combinations in configurations, sales reps often find it difficult to put the product and pricing accurate with ad hoc manual process. In such circumstances, selling faster and closing more deals to increase revenue can become next to possible. The key to maximize sales productivity in such a scenario would be to automate the process by using a CPQ software.

If you are serious about minimizing bottlenecks associated with complex quoting, it is time to use this software tool. It has been designed to quote more easily, irrespective of how complex the requirement is. From accurately configuring a product to automatically calculating the correct pricing, the CPQ tool can be the best bet to streamline your quoting process.

With a Configure price quote software, you can turn a long, drawn-out sales cycle into a shorter one. When your sales process is supported by this software tool, rest assured you will be in a position to close complex sales faster. This is because the tool allows you to construct error-free quotes in minimal amount of time.

Instead of hours, you spend a few minutes in quote creation as well as automate the approval process online, thereby transforming the productivity of your sales team. Configure price quote solution will allow you to respond promptly and accurately to any RFQ, which will help you to win customer confidence.

Studies have also shown that usage of CPQ can help facilitate the sales process and lead to 10% higher sales and 25% higher win rates. So for faster sale and long-term customer loyalty, you can completely rely on this software tool.