Configure Price Quote
Configure Price Quote (CPQ) is a term that describes a sales process or sales processes. The terms refer primarily to configurable and custom products and services that must be configured and priced before sale or offer. Configure = Configure product and / or service individually Price = Pricing Quote = Create offer directly
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CPQ software (CPQ Software) or CPQ systems are, in the classical sense, systems which support users (in most cases sales staff) during the creation of offers and thus speed up the process of offer creation significantly. CPQ systems are usually either linked to a CRM system or integrated into the CRM system. CPQ solutions include 3 core functions: Rule–based product configuration Automatic and rule–based pricing Automatic generation of offer documents