Manage

Configure, Price, Quote: Value for Profitable Business

September 30th, 2019 (Updated 03/23/2021)

Tolu Oke
Content Marketer at Pricefx

Configure, Price, and Quote – The Throughway to Maximized Value Companies use configure-price-quote (CPQ) software to establish prices accurately and competitively for their products or services. The software uses information from the wide, ever-changing field of data particular to the company’s area of business. It takes into consideration your business rules and objectives, and, importantly, it uses the intuitive wisdom you and your associates have gained from owning and operating the enterprise now and in the past.  CPQ is not only software, it is also a method of combining the many variables that constitute a current price for a service or product. It’s logical to view the method as first configuring the information (configure), then formulating a price (price), and finally establishing it (quote).   Configure ...

Read More

Fast

The Immense Value of a CPQ to Business Intelligence

August 19th, 2019 (Updated 03/23/2021)

Tolu Oke
Content Marketer at Pricefx

What Is a CPQ?  With a CPQ (configure, price and quote), you can provide smart, accurate and highly configured quotes to customers, transforming your sales organization and QTC (quote-to-cash) process. A CPQ removes errors and complexity from pricing by standardizing, systematizing, and automating pricing rules and conditions into one centralized platform. Sales reps can then access this information instantly, anywhere and at any time, when formulating a quote or doing a deal.   Business intelligence is a catch-all term for a wide variety of tools, applications and methodologies that deliver information to end-users who are not necessarily experts in operational research....

Read More