Configure, Price and Quote (CPQ) systems are designed to help sales teams produce accurate quotes, customise orders, and create sales-winning proposals. Without a CPQ system, sales cycles are longer, win rates drop, and sales channels can be disjointed. Sales opportunities could be leaking from your business. Here’s how CPQ technology can plug the gaps.
In the next part of our series exploring the benefits of implementing a Configure, Price, Quote (CPQ) system, we’re going to look at quote analytics, reporting, and the related topic of Artificial Intelligence (AI).
We’ve been talking to many sales managers and business leaders lately and we realised there’s a consistent set of mistakes that are made when people are trying to improve their sales quoting process. We’ve condensed our findings into an easy to read summary. Click here to learn what we discovered, and our tips for how to avoid making the same mistakes.