What are the Benefits of CPQ Software

Do you want to bring automation and efficiency into your quoting process? Do you want to create complex quotes on the fly? Looking for a faster, more accurate way to configure price and quote? Looking for a solution that will guide you in creating complex configurations? The key is to automate the process using CPQ software that has been designed in such a way than even a less experienced sales staff can create highly complex quotes quickly and easily.

A higher likelihood of a sale is possible only when you accelerate your quoting process. The more quickly you send an accurate quote, greater are the chances of receiving a positive response. A CPQ tool allows you to configure a quote in minimum amount of time, thereby helping to increase sale.

Accuracy in pricing and configuration is guaranteed irrespective of how novice your sales team is. Your team doesn’t have to take an effort of days or weeks to create complex quotes. Now, it can be done in a matter of minutes and you are more confident of receiving quote approval.

Configure price quote software comes with advanced customization features that allow you to create a quote as per the client requirements. Also, while you are configuring a product, the ‘Guided Selling’ feature prompts you every time you try to add an incompatible component. In other words, the tool ensures that you always pair compatible components.

Also, in case you unknowingly create an incomplete configuration, you are immediately notified of missing components. Moreover, if the required component is not available, the tool will give you a list of acceptable alternatives that you can choose.

Moreover, a product configuration that is created using the CPQ tool can be displayed easily on the store. You can actually give options to your customers so that they create a customized configuration on the store itself.