A Definitive Guide Integration of ERP and CPQ

1. A Definitive Guide: Integration of ERP and CPQ ============================================================== Nowadays, manufacturing businesses of complex, customer-order-driven products require as many tools as possible to stand out from the crowd and improve their procedures. Many companies use CPQ and ERP to streamline manufacturing and distribution processes. But what if you could reap the benefits and improve your business by integrating ERP with CPQ? Yes, integration of ERP and CPQ can save your company time, minimize errors, and improve visibility and teamwork all at the same time. In this guide, we will look at how CPQ ERP Integration can help your business and how it works. What is ERP & CPQ? Enterprise Resource Planning software is a platform for planning, managing, and delivering key features that support manufacturing business operations. Modern ERP systems are robust, effortless, and versatile in their integration with other business tools, and they help companies develop a corporate management platform. Manufacturers can use ERP software to manage essential parts of everything from production line operations to supply and inventory planning. A configure, price, quote (CPQ) solution for manufacturing gives manufacturers the tools to produce custom products and distribute them digitally. You can use CPQ to automate the procedures of documenting a customer's demands, developing a custom quote, and arriving at something that exactly suits your customer's expectations. CPQ software integrates easily with most ERP systems, whether on-premise or cloud-based. Why Integration of ERP and CPQ? ERP integration with CPQ seamlessly connects front and back-end manufacturing business processes. Front-end business operations such as sales, pipeline, and quotes are handled by your CPQ system, while ERP manages your back-end business processes such as inventory management, production, fulfillment, and invoicing. Most companies rely on manual processes to move data without the integration of CPQ and ERP. While manual processes provide the potential for human error, are frequently time-consuming, and normally only transmit data from the CPQ system to the ERP system, leaving a blank spot for salespeople who need to manage the entire client lifecycle. You can gain some of the following benefits by integrating these two systems: •This saves time spent on comprehending the customer's request and estimating the product specification. •It makes it much easier to generate a quotation fast and precisely, even while manufacturing highly personalized items. •The integrated software can handle design, quote, production, and logistics, allowing the company to easily and rapidly deliver the customer's request.

2. How CPQ ERP Integration Works The majority of this process is maintained directly in your company's CRM system (Leads, Opportunities, Quotes, and so on), which also incorporates CPQ procedures. The final few steps (Production/Fulfillment and Invoices) are frequently managed in an ERP. When the two systems are integrated, once an opportunity is confined in the CRM system, it is automatically transferred to the ERP system for fulfillment and invoicing. Furthermore, as the status and invoice information in the ERP system change, the CRM is automatically updated. Integration of Kinetic With CPQ Epicor Kinetic is a new cloud-based ERP solution for manufacturing and distribution companies that includes features for specialized industries such as discrete manufacturing, process manufacturing, and so on. Epicor Kinetic is simple-to-use, extremely flexible, and includes AI and collaborative tools to help the system develop with your company. Furthermore, you can introduce your company to the benefits of real-time data analytics, which enable you to make proactive, well-informed decisions regarding your day-to-day operations. It also features Application Studio, a low-code/no-code development environment that allows users to add changes like time-consuming and costly last-mile processes more simply. With the fast growth of CPQ in recent years, ERP CPQ integration has become a significant avenue for users to fulfill their goals. Epicor has created a true revolution in ERP CPQ integration with the integration of Kinetic and CPQ. Final Words Here's a look at why integrating these two systems, CPQ & ERP, makes such a large difference, how it works, and the integration of Kinetic with CPQ. Do you want to know how our ERP CPQ integration solution can help your processes? Epicor is a global pioneer in providing industrial-scale enterprise software solutions for better business process management and efficiency. It’s time to integrate your CPQ and ERP systems, visit epicor.com right now to learn more.