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CPQ: A solution for modern sales quoting in manufacturing

Many manufacturers have tried to address the need for centralized information with their own home grown “quoting tools” or glorified spreadsheets. These tools are effective to a certain degree, but their inadequacies become stark when any customized quoting or changes to product portfolio are required.

This is where effective and modern selling software such as Configure-Price-Quote (CPQ) comes into play. Sales quoting for configured products is nothing new, but with the rise of digital native buyers who demand information upfront, the importance of CPQ and its centrality to achieving efficient growth is starting to get noticed by manufacturers.

Read on to understand the key drivers of CPQ adoption.

These are also closely related to: "CPQ - CPQ Cloud for Channel Sales"

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    Today’s customers expect quick and accurate quotes with every order. But in the era of mass customization, delivering those quotes on an infinite number of product variations is challenging.

    Configure, Price, Quote (CPQ) software is designed to address these challenges by enabling a self-serve product customization process that offers updated pricing without damaging your margins through inaccuracies. So, how does CPQ work, and what are the benefits of CPQ software?

    Read on to find out in this comprehensive guide.

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    With 90% of industrial customers seeing clear benefits in digitalizing B2B sales processes, it’s time for manufacturers to digitalize. Many manufacturers are turning to Configure, Price, Quote (CPQ) tools to help digitalize their business.

    But when preparing to deploy CPQ software it is critical for business leaders and IT stakeholders to carefully consider the integration capabilities of CPQ vendors.

    Explore this e-book to look at some of the challenges manufacturers face when integrating CPQ into their existing digital infrastructure, common integration issues for new product development and the order fulfillment process, and more.

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