Gartner recently released the Magic Quadrant for Configure-Price-Quote (CPQ) 2018, which is the most sweeping, publicly available study of the CPQ industry and investment within the space.
CPQ (Configure Price Quote) software tools are an essential element of designing a customized sales experience for businesses across industries.
The current CPQ solutions empower businesses to:
- Develop the efficiency of sales and back office functions by automating a major part of the sales process
- Optimize quotes and offer discounts to add to profit margins
- Boost revenue by directing sales teams to opportunities for cross-selling interrelated solutions and services
- Develop productive, strict, and customized sales processes that upgrade the sales experience, thus strengthening the conversion ratio and repeat business
- Make processes more efficient and validate that sales are meeting regulatory requirements
Download Gartner’s Magic Quadrant for Configure, Price and Quote Application Suites here to know more about the 11 outstanding CPQ software vendors’ products.
Download the Report