Loading...
Background Image

Deliver optimized quote function with transformed sales process


Get complimentary five hour consultation
What is CPQ?

What is CPQ?

Configure, Price, Quote (CPQ) solutions provide functionality to provision intricate sales transactions. CPQ systems enable sales teams to customize and configure a solution for a customer from different product sets, options or piece parts. CPQ is driven by business rules and conditions, supported by a proposal management system and augmented by approval workflow systems.

What are the CPQ Challenges?

Most of the companies have their own distinctive methods for handling their configure-price-quote steps. Nevertheless, they still face the same challenges along the way.

  • Inconsistency
  • Lack of prioritization
  • Insufficient product information
  • Complex pricing and quoting procedures
  • Lack of visibility
Why Do You Need Sterling CPQ?

If your answer is yes to one or more question, then you need a CPQ solution.

  • Our present configurations and pricing rules are spread across multiple documents and finding them is slowing your sales team down.
  • Our sales team submit orders with unacceptable configurations or incompatible products; improving these errors is expensive.
  • Orders are submitted with inappropriate pricing for a particular configuration .
  • Our Sales team often submit orders using expired and discontinued promotions or products.
  • The process of rolling out a new promotion is time-consuming, extremely complex, and prone-to-error.
  • Our product configurations / bundles are so complex, we cannot allow customers to order products over the web.
What’s New in Sterling Configure, Price, and Quote?
  • Automates and simplifies the complex online selling process by helping customers to easily select, configure, and quote the products, thus making order process faster and reliable.
  • Centralizes pricing process for products and services, i.e. easy to establish, change and communicate the pricing.
  • Systemizing workflows of quoting process to create, manage, and negotiating the sales quotations.
  • Advanced integration capabilities, enabling the solution to co-exist and augment your ERP system.
  • Business intelligence that enhances decision-making throughout the process with embedded analytics.
CPQ Tools used
  • Product Configurator - It systematizes the configuration of challenging services across all your sales channels
  • Price Management Module - Enables centralized creation, changing and communication of product pricing data.
  • Product Catalog - A Catalog that allows you to deliver product information across all demand channels.
  • Quote Management Workflow - Enables you to automate the quote approval process and provides visibility into the entire quote workflow.
  • Integration Capabilities - Integrates and enhances the functionality of your present ERP system.
  • Business Intelligence - Contains embedded analytics that enable real-time decision making.
How you will be benefited?
  • It helps reducing costs and increases revenue by optimizing channel selling.
  • It Improves process efficiency and reduces chances of error in order fulfilment by streamlining the selling process.
  • Efficient and enhanced management of service operations and products results in high business profits and market capturing.
  • Leverage customers with smooth and flawless ordering and pricing system, thus increases customer satisfaction.
  • In addition, it helps your sales organization manage leads, customer profiles and contracts, quickly establish and enforce complex pricing strategies, and deliver accurate and professional quotes.
  • It provides a best-in-class approach to this very important aspect of the sales process while allowing enough flexibility to configure the software to your specific business needs.
Why Royal Cyber?

Why Royal Cyber?

  • We at Royal Cyber have an enduring unique process, we invest our combined skill where we could help you transition.
  • Engage our CPQ consultants to implement IBM Sterling CPQ at your enterprise cost effectively.
  • Using our unique agile methodology we can leverages onsite or off shore support model to arrive at the right sourcing model for different projects.
  • Building long term relationships with our clients is something we believe in and we go to great extents to ensure our valuable clients get first rate service.
  • The journey starts with our organization having a full spectrum of interactions and a magnificent environment to tail both the ends.

Get Complimentary Five Hour Consultation!

  • Our understanding of your existing business model and feedback on potential customer experience management improvements
  • A Demo based on the newest technique
  • An example of a High-Level Implementation Plan