When it comes to managing product configuration requirements, automating it using a CPQ software is the best option. Quoting customizable products is no easy job as it involves complex pricing calculation. However, now you can simplify the process using this software tool which guides you accurately in combining components of complex products/services. Handling configuration requests has never been so easy before thanks to CPQ.
Every company has its own pricing and configuration policies for its customers. For instance, certain discounts might not be available for specific customers. Volume pricing and flexible pricing options might be applicable only for few customers. The CPQ tool takes all this into consideration while quoting a product. As a result, this eliminates errors that arise from combining the wrong components. In simple words, the quotes produced are always accurate and include all the required parts and services.
As a user, you really don’t have to worry about whether a specified product combination is possible or not. For instance, it may not possible to create a particular bundle due to compatibility or availability concerns. A Configureprice quote software automates this process and ensures that only feasible combinations are generated as per customer specifications.
CPQ tools also allow users to display quotes on online stores. The user can even specify different component options, which will enable online shoppers to generate their own quotes. This feature is specifically relevant to ecommerce.
Ease of integration with existing systems and technologies is another reason why you should incorporate CPQ into your business. The tool not only integrates with some of the popular ERP and CRM application but also with Excel, thereby making it possible to create quotes on Spreadsheets using CPQ rules.
On the whole, when you want to make your sales process related to complex products faster and boost productivity, what better way than using CPQ tools. These tools are particularly useful in scenarios where pricing and configuration are complex.
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