Configure Price Quote (CPQ)
CPQ systems support sales processes by making complex products configurable, calculating prices dynamically, and automatically generating offers. In order to supply this process with reliable data, a PIM system is indispensable: It provides master data, an attribute logic, and variant information which the CPQ solution requires for configuration.
Efficient Sales through the Perfect Combination of CPQ and PIM
In industrial SMEs, in particular, CPQ solutions in connection with a PIM system open up an enormous potential: Individual product configurations cannot only be implemented in a faster and error-free way – even price design and offer creation are significantly accelerated by automated processes. While the PIM guarantees consistent and up-to-date product information, the CPQ generates convincing, CI-conform offers out of if. In case you want to know more about both the benefits and challenges of a CPQ implementation, then we recommend to you our blogpost: “How to optimize your sales success with CPQ.”