CPQ acronym stands for Configure, Price, Quote. In essence, it is a business software feature that allows sales teams to provide product configuration options and prices with accuracy. CPQ process is based on predetermined data for configurations, customizations, specializations, and specific price rules, e.g. markups or discounts. So, in simpler words – pick needed things from the shelf, put them into one basket, add a price tag to every component and present it to the buyer.
CPQ as we know it is a base underneath product journey in AppXite and we believe it is the only plausible future for software sales. Instead of having hundreds of offers published in the catalog that overwhelm customers with various terms, billing and pricing combinations, have the configuration possibility available within one offer and allow them to choose a needed option.
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