BlogSalesforce CPQWhat is Salesforce CPQ? | Features, Uses and Pricing

July 15, 20207 Mins Read
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Since the functionalities and necessities scenarios of enterprises may vary on a large scale, the same sets of configurations may seldom apply to businesses on a general note. When the necessity to configure a product with a given individual specification arises, it’s then when a reliable CPQ (Configure, Price, Quote) platform is put in action. Amongst the existing CPQ platforms, Salesforce CPQ is widely renowned for its remarkable performance and unbeatable precision.

What Is Salesforce CPQ And What Is It Used For?

Salesforce CPQ is a highly dependable tool that provides an accurate pricing strategy by configuring, pricing, and quoting the products of each company based on its specifications. The features and quantities are outlined and the procedures are followed by comprehending the discounts and customization to swiftly quote an accurate pricing model. Since each one of these elements is variable considering the differences between the products, it can be pronounced that each company might be in a dire need of a solution that provides unique yet precise pricing strategies.

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Features And Pricing Of Salesforce CPQ

  1. Customize And Configure Your Products Amiably

The customization of a product is inevitably taken under firm comprehension because the necessities of your clients may change over the periods. Certain amendments might be needed to make to enhance your products following the personal specifications or preferences of your customers.

A considerable amount of growth or fall in the demand for the quantities of your product may be noticed. But under any given circumstances, it is of the prime focus of Salesforce CPQ to generate the most relevant solutions for the sake of the profitable growth of your company. The trading conduct of your enterprise must always be an aggregate of the most gainful approaches. The requirement to denote the total trades for goods in a favorable environment becomes an extreme necessity and your enterprise needs to be adaptive.

  1. Functionalities To Manage And Alter Your Quotes Efficiently

Salesforce CPQ strengthens your company and facilitates the functionalities that you can use to handle even the most complicated tasks with ease. Since the Salesforce CPQ is entirely based on cloud platforms, the information can be accessed whenever the need arise and is accessible from any given devices once you have logged in to the system and verified your identity. 

The platform is firmly hosted within the arenas of Sales Cloud platform and therefore you are directly linked with your CRM. The data extracted from your very own CRM can be further implemented in the evaluation of CPQ (Configure, Price, and Quote) models to generate powerful solutions and taking the most effective decision for the betterment of your company.

The software provided to you by Salesforce CPQ is user-friendly and quite easy to use. Even the most confusing and time-consuming calculations are seamlessly wrapped in certain modules that are easier to understand and work with.

  1. Why Is Salesforce CPQ Declared To Be A Successful Quoting Approach

If we simply notice and compare the evaluation of the performance between a company that implements the functionalities of Salesforce CPQ and the other that doesn’t yet, we can surely make out the vast difference between the two. The progressive gap between enterprises is significantly immense. 

On one hand, where the companies haven’t yet upgraded to Salesforce CPQ can be seen to be facing a great number of complications with a lower rate of production. While on the other, where the enterprises are immensely benefitted by the intense assistance of Salesforce CPQ can be seen to have taken their business to a soaring height and that too in an appreciably less amount of time.

Therefore it’s quite obvious that Salesforce CPQ is indeed one of the firmest and friendliest assistants when it comes to fulfilling the pricing necessities of a company based on the areas that concern it. 

  1. Great Sales Results And Minimum Efforts

It is of great importance for each business to approach profitable marketplaces with a smart and effective manner of conduct. To maintain the efficiency of your production, you must stay posted with the current status and whereabouts that shall never be neglected for the steady growth of your company.

After having observed the scenarios closely, Salesforce CPQ generates the most effective solutions that are solely fit for your company. Both the manufacturing and selling processes and profitably affected by the amendments made by the CPQ platform and you can have faith in its strategically designed agendas.

The revenue growth of your business can be predicted and further used in the making of ultimate plans that promise the accomplishment of your business goal. The automated process will assuredly save a great deal of your time and allow you to divide your attention accordingly.

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  1. A Time-Effective Method For Your Company

When the complexions of your business are simplified and made clear for fulfilling the purposeful understanding, your teams will have more time at their hands and they can make use of it to improve the other perspectives of the company.

It also strengthens the bond between you and your customers since they will be able to understand the flow of trading and connect to your offerings on a clarified note. Clear communication between you and your clients is indeed the key to a successful venture.

When the visions and intentions of the business and transparently put forward for the stakeholders and customers to witness, the genuineness of the products and reliability of the foundation can be trusted. You are assuredly likely to reap the benefits of trading offered to you by Salesforce CPQ.

Salesforce CPQ can help you to focus on delivering valued products to your customers. Each move you make while approaching a business must be of significant importance and an appreciable purpose. The quotes generated by the CPQ platform will undoubtedly eliminate the challenges that are often faced by companies when it comes to surviving in the marketplaces and rising above the competition.

  1. Salesforce CPQ Praised As A Subject Matter Expert (SME)

A Subject Matter Expert is a smart assistance system that let’s have the business owners and the entities that concern it have a better idea of the situations of a subject that they are connected to. Especially while analyzing the status of a company, the SME could be of incredible use when it comes to understanding the business opportunities that can be conquered.

These opportunities can be grabbed and won to increase your production levels and enhance your business by the changes that are taking place in the commercial environment. You can also utilize the information to set yourself apart from your cut-throat competition and reach out to a wider base of audience across the globe.

  1. Creating Recurring Revenues With Salesforce CPQ

Most of the business owners focus on single sales at a time and make use of their resources to make that investment successful. It is indeed one of the wisest choices to opt for. But when we are looking forward to planning a sustainable business on a wider and longer scale, we must approach the trading with a firm sense of recurring revenues.

You can accelerate the productivity and profitable outcomes with the seamless assistance of Salesforce CPQ. The business models offered to you by the CPQ platform are intelligent and highly capable of enlightening you with the business conditions with its fully integrated invoicing methods that save a great deal of your time and effort.

Salesforce CPQ chiefly focuses on maintaining the growth of an enterprise and improving it steadily with the advancing time and technological changes in the manners of trading.

You can easily configure even the most complex deals and have an idea about the scenarios that you are approaching. You can also add to the transparency and overall control of the pricing and quoting mechanisms with the help of Salesforce CPQ.

  1. Aligning The Quotes In Accordance With Your Clients’ Requirements

The growth of your business is scalable and Salesforce CPQ provides you the right tools to measure it and accomplish your business goals. The contract amendments, pricing, and renewals are automated by Salesforce CPQ.

Pricing Of Salesforce CPQ

The pricing range of Salesforce CPQ generally initiates from $75/per month for an individual user and varies based on given necessities and access control.  

In Conclusion,

Salesforce CPQ helps you in assessing the data and having a better view of the business architecture to build the most profitable and time-saving quotations. Implementing Salesforce CPQ has benefitted thousands of leading enterprises across the world and you can adopt it to embark upon a successful journey. Cyntexa provides you the ultimate range of Salesforce CPQ services from the comfort of your workplace. 

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