Salesforce CPQ stands for Configure Price Quote which helps your channels to close bigger deals faster with visibility into the latest product and pricing information, and the ability to quote quickly.
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To optimize the sales processes and enhance ROI, organizations are moving to adopt Salesforce CPQ. Here are some of the advantages listed below.
Easy and accurate quotes building
Helps sales reps to select the right items for each customer every time and ensures consistent pricing and discounting, therefore generate customer-friendly quotes easily and accurately.
Proposals and contracts generations
It automatically add-on orders and creates professional-looking branded proposals using fully customizable templates and manages professional sales contracts and delivers executable contracts with a click.
Revenue and subscription billing management
Seamlessly integrate invoicing, collections, taxes and reporting. It automates invoicing process and helps to create and send invoices on the go from any device. It sets up a subscription to auto-renewal
It creates customizable reports and dashboards to easily identify top-spending customers, most profitable customers and most important pricing models. Hence quickly recognize revenue and report on quotes, orders, invoices and payments.