Configure Price Quote (CPQ)

Configure Price Quote (CPQ) is a software solution to help companies automate and streamline the ‘configure, price, and quote’ element of selling products and services. CPQ software ensures accuracy and consistency in the CPQ process and increases sales efficiency, reduces errors, and improves the customer experience.

CPQ software is used by SaaS companies to manage their subscription pricing and quoting processes. SaaS companies typically offer a variety of pricing plans and options based on features, usage levels, and other factors.

With CPQ software, companies can quickly and easily generate accurate quotes for prospective customers based on their specific needs and preferences. The software can also be used to help SaaS companies manage other aspects of their business, such as contract management, order fulfillment, and revenue recognition.

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Similar Terms:

Average Selling Price (ASP)
Odd Even Pricing
Product Line Pricing
Tiered Pricing