The Challenge: Leveraging Existing Technologies
Reinventing Capabilities Across Insurance Value Chain
The Role of Technology in Manufacturing
The Promise of CPQ for Precast
Analyzing Data to Improve The Business
Trent Miskin, Founder & CGO, Lendio
How Data is Changing Credit
Michael Schlein, President & CEO, Accion
De-mystifying Budgeting and Forecasting Solutions
Kevin Held, CFO, TradingScreen
End-User Computing and Technical Debt in Taxation
JD Choi, CEO, Tax Technologies
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How CPQ can Help Sales Teams to Enhance Business?
Guided selling is s key feature of CPQ software. It utilizes an automated Sales Playbook and a number of question sequences as well as recommendations to help sales representatives create a personalized quote and communicate with prospects at each stage of the sales cycle.
Fremont, CA: Every sales operation is aimed at helping businesses stay competitive and gaining higher revenues. Businesses looking to meet these goals are leveraging CPQ software to produce quotes faster, streamline their sales operations, and accelerate their deals.
Let us look at some benefits of CPQ:
Streamlining and Automating Sales Processes
Most B2B decision-makers think sales representatives are not prepared enough. It is because administrative tasks such as composing emails and multiple attachments, pulling quotes together from spreadsheets, and manually tracking responses to quotes may feel like a burden to an organization’s salesforce. These tasks are tedious and time-absorbing, hindering the speed of sales processes and sales representatives’ responses to buyers. A CPQ can improve sales efficiency by streamlining and automating administrative tasks. Client communications scheduling, quotes and orders generation, and approval requests can be controlled with the CPQ, enabling sales teams to focus on other important tasks.
Guided selling is s key feature of CPQ software. It utilizes an automated Sales Playbook and a number of question sequences as well as recommendations to help sales representatives create a personalized quote and communicate with prospects at each stage of the sales cycle. The software prompts upsell and cross-sell opportunities as well as volume discounts, leading to quotes that resonate with each customer’s specific needs. Pre-determined configuration and pricing rules rid sales managers of the time-draining burden of repetitive checking every quote for errors while enabling them to quickly move quotes through the approval process.
Proposals, Quotes, and Contracts Generation Made Easy
CPQ software generates quotes, proposals, and contracts quickly while tailoring each proposal to suit the prospect’s requirements. Generally, customers want customized sales content, which can be delivered easily with the help of CPQ. Customizable templates would lower the chances of proposal errors and make sure prospects receive accurate quotes that are professional and relevant.