SAP Configure Price Quote (CPQ) software - A sales automation solution

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Mar 2023
SAP Configure Price Quote (CPQ) software - A
sales automation solution 
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Introduction

• SAP Configure Price Quote (CPQ) software is a
  sales automation solution that helps businesses
  streamline their sales processes by automating
  the creation of quotes and proposals.
• SAP CPQ is designed to simplify the complex
  process of configuring products or services and
  pricing them, making it easier for businesses to
  generate accurate quotes quickly.
• SAP CPQ is a powerful tool that helps businesses
  improve their sales processes and increase
  revenue. By automating product configuration,
  pricing, quote creation, and order processing,
  SAP CPQ enables businesses to reduce costs,
  increase efficiency, and improve customer
  satisfaction.

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How does SAP Configure Price Quote software work?
Product Configuration

• SAP CPQ enables businesses to configure their
  products or services based on various parameters
  such as size, color, features, and pricing. This
  configuration process can be highly complex,
  especially for businesses with a large number of
  product variations. SAP CPQ simplifies this
  process by providing a user-friendly interface
  that allows businesses to create and manage their
  product catalogs.

Pricing and Discounts

• SAP CPQ allows businesses to set pricing rules
  based on factors such as product features,
  customer segments, and volume discounts. The
  software can also provide real-time pricing
  recommendations based on customer data and
  historical sales data.

Quote Creation

• Once the product configuration and pricing have
  been set, SAP CPQ generates a quote or proposal
  based on the customer's requirements. The quote
  includes a detailed breakdown of the product
  configuration, pricing, and any discounts or
  promotions that may apply.

Approval and Order Processing

• SAP CPQ enables businesses to automate the
  approval process for quotes and proposals,
  reducing the time and effort required for manual
  approval. Once the quote is approved, the
  software can also generate an order based on the
  customer's specifications.

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Benefits of using SAP Configure Price Quote
software
Increased efficiency
Improved accuracy
Better visibility
SAP CPQ software automates the process of
configuring products and pricing, reducing the
time and effort required to create accurate
quotes. This can lead to faster turnaround times
for quotes and increased productivity for sales
teams.
With SAP CPQ software, businesses can ensure that
quotes are accurate and consistent, which helps
to reduce errors and the risk of pricing
discrepancies. This can lead to better customer
satisfaction and a stronger reputation for the
business.
SAP CPQ software provides businesses with greater
visibility into their sales processes, allowing
them to track quotes, analyze data, and identify
trends. This can help businesses make more
informed decisions about their pricing and
product offerings.
Enhanced customer experience
Increased sales
SAP CPQ software allows businesses to provide a
more personalized and streamlined sales
experience for customers. Customers can configure
products themselves and receive accurate quotes
quickly, which can improve their overall
experience with the business.
By providing customers with a more efficient and
personalized sales experience, businesses using
SAP CPQ software may be able to increase their
sales and revenue. Additionally, the software
allows businesses to quickly identify
cross-selling and upselling opportunities, which
can also contribute to increased sales.
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Why Choose Acuiti Labs for CPQ Services?

• Choosing right CPQ partner for your business is
  very important. While you choose Acuiti Labs as
  your Configure Price Quote Partner, you are
  helping your sales teams in delivering the best
  in market customized service, and user
  experiences. All this is possible because of
  competitive pricing, clear and conscience
  proposals, and a variety of product con?gurations
  we help you with.
• Our end-to-end CPQ solution speeds up the sales
  cycle for you and allows your reps to
  effortlessly sell through any channel at any
  time, improving the overall performance and
  efficiency of your business.

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Thank you

• Acuiti Labs1 Giltspur Street,London EC1A 9DD,
  UK
•      info_at_acuitilabs.com
• 44 (0)20 7101 9405
•      www.acuitilabs.com