What is CPQ in Salesforce and its benefits? Why do we need CPQ?

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What is CPQ in Salesforce and its benefits? Why do we need CPQ?

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CPQ (Configure Price Quote) in Salesforce is a Sales Tool for businesses to rapidly and accurately create Quotes for Orders. – PowerPoint PPT presentation

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Title: What is CPQ in Salesforce and its benefits? Why do we need CPQ?


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What is CPQ in Salesforce and its benefits? Why
do we need CPQ?
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What is Salesforce CPQ?
  • A CPQ (Configure Price Quote) in Salesforce is a
    Sales Tool for businesses to rapidly and
    accurately create Quotes for Orders. With the
    Salesforce CPQ, you can increase your revenue by
    closing deals faster, controlling the pricing,
    and automating quotes.
  • We all know that today lots of organizations
    struggling with offering accurate and
    professional quotes quickly. It's quite normal,
    many sales leaders still dont know how to
    address it effectively. And that is why the
    Configure Price Quote (CPQ) software are high in
    demand now.

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Salesforce CPQ Software Benefits
  • Shorten the Sales Cycle The sales team works
    hard to get the lead converts into a customer and
    takes to the end of the sales pipeline. But they
    fall short because of the slow-moving sales quote
    process.
  • Improve Accuracy We are humans, humans commit
    mistakes. But business is not human and for one
    time customers can forgive you on your mistake
    but they never do so if you commit even a single
    mistake in committing price to them.
  • Diverse Pricing and Discounts With Salesforce
    CPQ, you can deliver personalized quotes to your
    clients enabling better customer service and
    experiences.

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  • Increase the Deal Value By automating the quote
    process, CPQ reduces the downtime normally
    associated with creating contracts. It helps
    sales representatives to assist more leads in
    less time.
  • Increase Productivity over the organization CPQ
    enables you to drastically reduce errors and
    contract lead time and personalize your sales
    quotes in a more streamlined process. Quotes are
    performed in real-time with high accuracy,
    avoiding the need to go back and forth with
    clients to ensure that the sales process
    continues smoothly and builds the momentum you
    have created in your meetings.

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Why do you need CPQ?
  • CPQ must be embraced when
  • Your salespeople still use traditional approaches
    for arranging products to make price quotes.
  • Your organization offers a wide range of
    products/services
  • Your organization is huge with broad product
    ranges
  • When situation out from your control or unable to
    monitor external factors
  • If you're not sure whether your business needs
    CPQ software, Consult Salesforce Support Partner.
    Do they regularly run into problems with
    developing accurate price quotes in the time
    frame expected by the customer?

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