Key Advantages of Incorporating CPQ Software into your Business

Also referred to as a product configurator, CPQ software provides the best way to generate complex quotes. It can enable you to create customized product configurations effortlessly, no matter how complex your pricing method is. This can certainly help to speed up the sales process. It will certainly accelerate the conversion of opportunities into sales. Using the tool, you can automate configuring of some of the most complex products.

Following are some of the main benefits of using this CPQ tool:

Present Quote on your Online Store

Many times, the customer wants to create his own product configuration at the time of placing order from your online store. Using a CPQsoftware, the product configuration that you create at the back office can be displayed as a Quote on the Ecommerce store. Moreover, the tool allows the customer to select components from the available options. Thus, customers can configure their own product, (say laptop) as per their own requirements from the store itself.

Easily Configure Products

When you are selling products that have a lot of configuration options, creating the right configuration can be a daunting task. Although a highly experienced sales rep can comfortably choose compatible components manually, it is a difficult task for a novice sales rep However, Configure pricequote solution simplifies the process and takes into account component-to-component compatibility and complex pricing rules while you are creating a product.

In other words, it ensures that the components that you choose are always compatible. So leaving the compatibility concerns aside, you can quickly choose the right combination of components and configure a product that meets specific requirements.

Price Adjustments

Configure price quote software gives you the flexibility to modify your price rules to give discounts or add markup to the desired products. So you can override prices and sell products at discount prices whenever need arises.