CPQ definition

Configure, price, quote (CPQ) software is a valuable tool for B2B manufacturers looking to streamline their operations and improve customer satisfaction.CPQ systems enable companies to quickly and accurately generate quotes for complex and customizable products, reducing errors and improving efficiency. In this article, we will explore the various capabilities of CPQ software and how it can benefit a business.

Configuration

One of the key features of CPQ software is its ability to handle the configuration of complex and discrete products. With a best-of-breed configuration solution, companies can express millions of profitable product variants with ease. This helps to reduce complexity and cost in internal processes, leading to faster turnaround times and fewer errors.

Pricing

Pricing is a critical aspect of any business, and CPQ software can help ensure that companies are able to execute their pricing strategies effectively. With a powerful price execution engine, companies can calculate prices and margins instantly after every configuration selection. This helps to reduce the risk of incorrect pricing and ensure that sales teams are able to offer customers the best possible deals.

Quote and Document Generation

Generating quotes and other documents can be time-consuming, but CPQ software can help streamline this process. With fast and data-driven document generation capabilities, companies can create accurate quotes, technical specifications, and other documents quickly and easily. This helps to improve the efficiency of the sales process and ensure that customers receive the information they need in a timely manner.

Administration

CPQ software can also help with the administration of the sales process, including product data management, solution sales, workflows, and approvals. By empowering front-office and back-office teams to collaborate more effectively, companies can improve the efficiency of their operations and better meet the needs of their customers.

Additional Options

In addition to its core capabilities, CPQ software can also include a range of additional options to further improve the sales process. These may include high-fidelity 3D and AR product visualization, CAD automation, omnichannel sales, analytics, and integrations with enterprise systems. These options can help companies to better engage with customers, improve the accuracy of their quotes and orders, and gain valuable insights into their operations.

cpq.se - Expert Consultants in Tacton CPQ

If your company is looking to implement CPQ software, it is helpful to work with expert consultants who are knowledgeable about Tacton CPQ.

At cpq.se we are a team of consultants specializing in Tacton CPQ, offering a range of services to help companies make the most of this powerful tool. 

By booking a meeting with cpq.se, you can get a deeper understanding of Tacton CPQ and how it can benefit your business.