Benefits of CPQ software
Generate contracts with ease
After working hard to take a deal to close, your sales teams shouldn’t have to lose them to slow quote generation. CPQ solutions help streamline this entire process by helping you have vital pieces of data readily available and up-to-date when you need it.
Craft quotes with accuracy
Human errors are commonplace, especially when it comes to calculations. While you can fix errors and your customers may overlook a few, pricing errors are frowned upon. CPQ reduces human errors and always helps you deliver accurate quotes.
Provide personalized quotes in real-time
CPQ solutions help you provide personalized quotes to every single customer. Since CPQ solutions allow you to link deals with specific quotes, salespeople can help customers adjust their purchases or add discounts in real-time.
Reduce sales cycle time
With a CPQ solution, the quote process is automated and reduces the time typically spent to generate contracts. This helps your salespeople get in touch with more leads in lesser time frames.
Close more deals
When you put these together, it increases sales for companies that invest in a CPQ solution. This is why companies that use CPQ solutions witness a whopping 105% increase in their average deal size.