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First To Quote, First To Deliver: The Need For A Manufacturing CPQ

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Slow response times can imply bad customer service. In the manufacturing business, you need a configure-price-quote (CPQ) to help to speed it up.

Published in: Technology
  • Read the original blog post here: https://blog.inmindcloud.com/need-manufacturing-cpq-sales-automation
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First To Quote, First To Deliver: The Need For A Manufacturing CPQ

  1. 1. THE NEED FOR A MANUFACTURING CPQ FIRST TO QUOTE, FIRST TO DELIVER
  2. 2. WHEN IT COMES TO THE COMPETITIVE WORLD OF MANUFACTURING SALES, THERE ARE TWO FACTORS THAT CAN AFFECT YOUR QUOTE-TO-CLOSE RATES: SPEED OF RESPONSE, AND ACCURACY OF QUOTE
  3. 3. SLOW RESPONSE TIMES CAN HIT YOUR COMPANY’S REPUTATION, LEADING TO LESS POTENTIAL BUSINESS IN THE FUTURE
  4. 4. HOW SHOULD MANUFACTURERS INCREASE THE QUOTE-TO-CLOSE RATES OF THEIR SALES TEAM AND HENCE, THEIR REVENUE?
  5. 5. A CPQ THAT IS TAILORED FOR THE MANUFACTURING INDUSTRY CAN HELP TO PROTECT THE FIRST LINE OF CONTACT BETWEEN YOUR BUSINESS AND POTENTIAL CLIENTS
  6. 6. WITH A CPQ SOFTWARE, ALL EXISTING PRODUCT, CONFIGURATION, OR PRICING MODELS (EVEN THOSE RESIDING AS LO/VC) IN YOUR ERP CAN BE ACCESSED QUICKLY, ALLOWING FOR QUICKER TURNAROUND TIME
  7. 7. CPQ ALSO REDUCES THE TIME NEEDED FOR APPROVAL DRASTICALLY
  8. 8. Learn about  In Mind Cloud's CPQ in our 2-minute explainer video.

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