As a supplier, if you are involved in finalizing a complex sales transaction, you simply cannot afford to spend time in sending a quote. Quoting a complex configuration doesn’t mean you can spend hours in creating a quote. Longer the delay in quote creation, higher the probability that the customer will lose interest in the sale. The key to keep customer interest intact and ensure higher repeat transactions is to use CPQ software for quoting.

From products to pricing and business rules, all the information required to create a quote is available at one centralized location. The software tool provides you everything you need to create a quote quickly. It puts speed and accuracy in the hands of your sales reps. As a result, your sales team is able to create faster and cleaner quotes. This means you can expect a substantial increase in the average number of quotes delivered per month.

If you want to empower your sales reps with the right tool, incorporate CPQ which will enable them to quote and close deals faster. With CPQ at their disposal, your team will be in a position to provide better customer service. Your team will become more responsive towards your customer needs. Without CPQ, it make take hours to create a quote but when you have a CPQ, some of the most complex product configurations can be quoted within 20 minutes.

Also, every company has its own quote approval process. With CPQ, you can automate and streamline your approval workflow, which will allow you to respond faster to RFQs. The approval process is automatically triggered if the quote price exceeds a certain threshold and violates your margin.
On the whole, from reducing error rate to selling more efficiently, to offering a better customer experience, a Configure price quote software will do everything to make your business a success.