CPQ software enables your business to prepare a price quote quickly and accurately, which leaves your sales force free to deal with even more customers. If you find your quote price is not maximizing profits or taking into account the deals offered by your competitors then CPQ can help you get the best sales quote speedily to clients.
What to Look For In Configure Price Quote (CPQ) SoftwareBrowse 4,818 reviews, 3,857 case studies & customer success stories, and 872 customer videos of the best Configure Price Quote (CPQ) Software for your business needs
Configure Price Quote (CPQ) software means you can give a sales quote at the most competitive price. CPQ software can price goods and services according to cost, competition and other economic factors.
CPQ software is an important part of your Customer Relationship Management tools which also include:
CPQ software will help your business find the right price according to many variables. CPQ software can aggregate these variables so that you can arrange your products and services in the best way to optimize sales and profits, such as bundling or upselling. The quote app takes into account costs, competition and other economic factors to provide a sales quote for customers at the best price.
Rather than plucking a figure based on simple mathematics or past experience, CPQ technology enables you to produce an accurate price quote to help you manage the pricing of your products. It can even look into special offers by your competitors to see how this should affect your quote price.
Getting a price quotation right can become more difficult as your company grows. You may be offering more products or services and so the price structure becomes more sophisticated, especially when you add special offers, upselling and bundling into the equation.
You also need to keep up-to-date with what your competition is offering so they do not get an advantage with their quote price. A simple way to make sure you know your price is right is with CPQ software.
Using CPQ technology also means your sales staff have the latest price quote for every product, even when they are out in the field.
Configurating quotes yourself can be time-consuming and so CPQ software saves time and money. Your price quote list is current so your sales cycle should be quicker because time is not lost in getting the right sales quote. In turn, this means orders can be prepared more quickly which leads to greater customer satisfaction.
As the CPQ software streamlines your price quote, it means staff are not tied down preparing a sales quote and so have more time to spend with customers which means more sales can be acquired.
Large organizations with multiple stores and offices as well as global companies use CPQ so they can quickly send out new prices to everyone. Most importantly, CPQ can also spot prices which could be losing you money so you can correct it.
If your sales staff are spending time preparing a price quote instead of increasing sales or have problems developing an accurate price quotation, then CPQ could be a worthwhile investment.
Call us now on 1-888-SOFTWARE so we can talk to you about CPQ Configure Price Quote software to find the right solution for you.
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