Every week, we are seeing so many blogs and articles on CPQ software and its importance. Seems like the salespeople and project managers are still confused about whether they feel the need to have cost estimation software for their business.

A configure price quote software is a sales and quoting software that provides solutions to help businesses and organizations generate quotes with high accuracy that is based on specific configurations. With the help of this software, the sales team can automate their rules on the product as well as it’s pricing.

Reasons For Having CPQ

It Helps You Build A Clear Thinking

When we talk about automation processes, we are also talking about an error-free process which is a time saver. Now you don’t have to search for the right product spreadsheet or feel worried about being involved with outdated pricing.

This software manages everything on its own so you don’t have to live under the pressure of losing anything.

It Decreases Your Risk Factor

When you quote or calculate incompatible products with outdated prices, it could be an embarrassing situation for you and your sales team. Sometimes you may accidentally give away a lot of margins and that could cost your company a lot of money penalty.

But using cost estimating software, you can save yourself from such problems.

Generate More Revenue With Speed!

The cost estimating software keeps you up to date with the latest price catalog so that you don’t have to wait when the deal goes to your vendor. CPQ helps you in generating more revenue without lagging behind your business competitors.

Better Cost Estimation About Products

The integration of CPQ when used for billing can produce astonishing results. It makes the whole process so easy that you don’t have to re-enter the data or have to worry about typos such as compliance integration with ASC606.

Supports Your Product Analytics

You get better visibility through the software analytics and you can merge quotes to cash in a single platform of data. The best part is that it is end-to-end data encrypted so you don’t have to worry about loose ends.

Cloud Based Feature & Portable To Use

Have you ever heard about any sales rep that is managed without the use of a smartphone or any portable device? We don’t. Sales reps are needed to be empowered to sell from anywhere, without a time limit.

That’s the feature of using CPQ software. You can access the data from anywhere without having to bind yourself to a particular place or office.

Speeds Up Process With Your Contracts

The cost estimation software increases the entire process of contracts. Until the contract is signed, no party gets paid. And, the process of automatic subscription is also facilitated by adding the services of renewals so you don’t have to wait for it to happen.

It renews automatically. The more people are drawing over the AI features, using software to monitor costs and quote pricing is becoming more and more important.

Powers Your E-Commerce

With businesses getting online, the features such as eCommerce have become self-service because of automation processes. Modern buyers now know about buying online and for the adaptive change, your marketplace must also need to be ready.

The CPQ empowers eCommerce systems to make such things happen without extra effort.

Wrapping it Up

Therefore, these were some reasons that we felt to share with you about why your business needs CPQ software. If you are looking for buying a configure price quote software, look no further than Quick Devis.

We provide advanced estimating tools such as automation which includes dynamic costing and pricing. Such features allow you to have accurate management of costs with amazing flexibility to commute selling prices.

If you like reading this post and are interested in knowing more about us, feel free to contact us anytime.