What is Configure Price Quote (CPQ) software ?

Configure Price Quote (CPQ) software is a category of business software designed to streamline and automate the sales quoting and proposal process. This software helps businesses to quickly and accurately generate quotes and proposals for their products or services, based on the customer's specific requirements.

CPQ software typically includes a suite of tools that enable businesses to configure products, calculate pricing and discounts, generate proposals, and manage quotes. These tools may also include integration with other systems, such as customer relationship management (CRM) and enterprise resource planning (ERP) software, to ensure seamless data flow and enhance the overall customer experience.

CPQ software can be particularly useful for businesses with complex product offerings or pricing structures, where quoting and proposal generation can be time-consuming and error-prone. With CPQ software, businesses can reduce the time and effort required to create quotes and proposals, increase sales efficiency, and improve accuracy and consistency across the sales team.

In summary, Configure Price Quote (CPQ) software is a category of software that helps businesses streamline their sales quoting and proposal process, enabling them to quickly and accurately generate quotes and proposals for their products or services, based on the customer's specific requirements.