SAP Configure, Price, and Quote (CPQ) is a solution that can maximize revenue generation regardless of the channel you use for selling. It applies AI-powered selling, which automates and speeds up certain processes, such as quoting. With SAP CPQ, you can empower your sales teams and partners to enrich the customer experience, as it optimizes pricing and product configurations. Likewise, it lets them provide convincing proposals that allow you to present the exact products your customers are looking for at the right time, with the right price, so you can increase sales. It is also possible to accelerate sales on every channel as CPQ is integrated with your ERP or CRM platform.
SAP CPQ continues to be popular with businesses as it helps increase the efficacy of sales. It can help your sales representatives sell products and services on many channels quickly as it eliminates errors, instantly generates proposals, and provides pricing that is specific to the channel and the customer. For a better way to understand how SAP CPQ can work for your business, consider finding an SAP business solutions consultant and expert. The SAP CPQ platform is cloud-based and implemented as a SaaS (software as a service) through a yearly subscription, and according to the number of users. By adopting SAP’s solution, you can enhance operational efficiency as it lets you establish smart, integrated sales processes for faster quote generation. Moreover, it lets your sales reps have more time for other matters as it simplifies approvals and shortens the sales cycles. Business insights can be improved by implementing SAP CPQ, allowing your team to work smarter and maximize every sales opportunity. The platform enhances up- and cross-selling, while optimizing pricing and protecting margins. Machine learning and artificial intelligence unlock instant business value, even without technical expertise, so you can win more deals with minimal negotiation, and be able to recommend the right configurations, services, and products to your customers. SAP CPQ can streamline all business processes with a centralized quote-to-cash feature. This seamless connectivity also empowers access to ERP data and configuration capabilities. It can even apply one data model that lets you sell across several channels as it CPQ is integrated with SAP Commerce, Service, and Sales Cloud.
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May 2020
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