SAP CPQ improves sales performance via smart automation of custom-tailored pricing for multi-aspect products. A reliable SAP solution provider will adjust and test CPQ software to ensure it is integrated smoothly into a business ecosystem.
Running a profitable business nowadays requires not only a marketable product but also advanced technologies to streamline the sales process. As the world shifts to custom-tailored offers, business owners strive to increase sales and keep their services competitive by shortening response time and adjusting offers to match clients’ requirements.
Expanding a sales team is a relic of the past, and shrewd common sense points to advanced technologies as the optimal variant. Armed with the SAP Configure Price Quote software, sales experts can do wonders. You might have heard about the SAP CPQ solution but are still unaware of its key characteristics and advantages.
What is “Configure Price Quote”?
In short, SAP CPQ represents a cloud-based SaaS developed purposely for generating and managing offers and quotes for businesses with compound multi-aspect product (or service) configurations. Actually, companies with simpler products also benefit from the CPQ solution as the software improves sales efficiency and drives revenue given the enhanced sales performance.
Recognized by Gartner as a Leader in the Magic Quadrant for CPQ Application Suites for five years in a row, the SAP Configure Price Quote has become an essential element for running a successful business across various industries. The automated process of customized offer creation allows companies to convert sale opportunities into a profitable loyal customer base and gear up the monetization of the business.
With CPQ’s end-to-end quote-generating automation, customers can achieve appreciable accuracy and personalization, adapt quickly to changes, and develop advanced revenue models that are otherwise impracticable.
CPQ software targets and resolves the following issues while creating and managing quotes:
In general, SAP CPQ increases overall sales productivity via the automation of quotation processes: complex personalized quotes are provided faster — sales optimization has never been easier.
How Do Businesses Benefit from SAP CPQ?
Time-saving and acceleration of quote-creating processes are the most evident advantages of the SAP CPQ implementation. Cost-savings, security, and enhanced cross-company cooperation add up to the set of CPQ’s beneficial features:
And several other convincing arguments in favor of SAP CPQ:
SAP CPQ Integration
SAP CPQ can be used as a standalone instrument or integrated into ERP, e-commerce, or CRM platforms. For instance, the ERM system offers base prices, dependencies, master data, and costs, while CPQ takes care of configuring a quote, its approval, and transferring it to the ERP system. For the e-commerce implementation (for example, in combo with the SAP Commerce Cloud) the quote-generating tool can be integrated into a website or online store.
Besides native connectivity with SAP apps, CPQ software is equipped with ready connectors for integration with non-SAP software and apps for faster data exchange within the system. To further accelerate the sale process, the SAP CPQ solution has the prebuilt e-signature feature.
SAP CPQ can also be adapted to match your business niche or consumer group. A flexible, fast, and practical CPQ solution features a customizable user-friendly interface. SAP CPQ providers ensure flawless integration of the SaaS solution into the existing business environment and adjust the pricing service elements to your specific goals. The quote creation process has never been easier.
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