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What is CPQ in Salesforce and its benefits? Why do we need CPQ?

CPQ (Configure Price Quote) in Salesforce is a Sales Tool for businesses to rapidly and accurately create Quotes for Orders.<br>Visit - https://www.atocloud.com/blog/what-is-cpq-in-salesforce-and-its-benefits-why-do-we-need-cpq

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What is CPQ in Salesforce and its benefits? Why do we need CPQ?

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  1. What is CPQ in Salesforce and its benefits? Why do we need CPQ?

  2. What is Salesforce CPQ? A CPQ (Configure Price Quote) in Salesforce is a Sales Tool for businesses to rapidly and accurately create Quotes for Orders. With the Salesforce CPQ, you can increase your revenue by closing deals faster, controlling the pricing, and automating quotes. We all know that today lots of organizations struggling with offering accurate and professional quotes quickly. It's quite normal, many sales leaders still don’t know how to address it effectively. And that is why the Configure Price Quote (CPQ) software are high in demand now.

  3. Salesforce CPQ Software Benefits • Shorten the Sales Cycle: The sales team works hard to get the lead converts into a customer and takes to the end of the sales pipeline. But they fall short because of the slow-moving sales quote process. • Improve Accuracy: We are humans, humans commit mistakes. But business is not human and for one time customers can forgive you on your mistake but they never do so if you commit even a single mistake in committing price to them. • Diverse Pricing and Discounts: With Salesforce CPQ, you can deliver personalized quotes to your clients enabling better customer service and experiences.

  4. Increase the Deal Value: By automating the quote process, CPQ reduces the downtime normally associated with creating contracts. It helps sales representatives to assist more leads in less time. • Increase Productivity over the organization: CPQ enables you to drastically reduce errors and contract lead time and personalize your sales quotes in a more streamlined process. Quotes are performed in real-time with high accuracy, avoiding the need to go back and forth with clients to ensure that the sales process continues smoothly and builds the momentum you have created in your meetings.

  5. Why do you need CPQ? CPQ must be embraced when: • Your salespeople still use traditional approaches for arranging products to make price quotes. • Your organization offers a wide range of products/services • Your organization is huge with broad product ranges • When situation out from your control or unable to monitor external factors If you're not sure whether your business needs CPQ software, Consult Salesforce Support Partner. Do they regularly run into problems with developing accurate price quotes in the time frame expected by the customer?

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