Many businesses require the ability to quickly prepare and deliver quotes to prospective customers, commonly referred to as Configure, Price & Quote (CPQ). Unfortunately, for businesses that sell highly configurable products, this task can be a struggle to accomplish. When properly configured, CPQ processes can save time, reduce errors, prevent problematic orders, and, ultimately, improve the customer experience.
More sales teams are taking advantage of software that provides CPQ customization, allowing insight-generated data-sharing within the business in addition to increased speed and accuracy unparalleled by any human process. CPQ systems are hot. Customers like having choices and the ability to customize orders, making CPQ likely to become more widespread in the near future.
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