What Types Of Enterprises Can Profit From CPQ Products?
Wasting time and resources when a potential customer might be checking out what your competitors are offering while awaiting a significant order that could make or break your company's bottom line- doesn't fit in with modern requirements. When you provide the customer with the quote, and they decide to change some of the parameters, this becomes even less efficient. The process repeats itself until you and the customer agree on a suitable product combination. Enter CPQ products into the picture! What was once a myth to the manufacturing industry is a flourishing reality after CPQ implementation into the existing workflows. Without the configured software in the picture, manufacturing companies looked for a more practical approach. Some companies used an Excel spreadsheet to create quotes to streamline this procedure. Others made notes, distributed them, and asked various stakeholders to examine them. These became 20th-century approaches to a 21st-century problem. In respon