The ultimate guide to CPQ for manufacturing
Today’s smart factory must continuously self-correct and self-optimize to ensure resilience. And you need the right technology to do it—CPQ.
In this download, we'll cover:
Missed revenue opportunities common to the manufacturing industry
Smart factory initiatives
The benefits and ROI of CPQ
For many, the revenue lifecycle operations process is disconnected and fragmented. Companies and organizations are using multiple products and solutions, which creates a multitude of business and customer challenges including:
- Poor customer experiences
- Compliance issues
- Lack of consistent and historical data
- Unpredictable revenue
- Poor employee experiences
Operational complexity causes challenges for employees and pain for your customers. When these processes are not working, your revenue becomes unpredictable.
For forward-thinking manufacturing organizations with complex products, complicated pricing, and manual processes, CPQ can be a meaningful change.
CPQ empowers a manufacturer’s sales, partners, and customers to efficiently configure complex products and services offerings while providing personalized prices and quotes that utilize rules-based configurations and pricing information—ensuring higher win rates and a more pleasurable buying experience.
Investing in the right technologies—like CPQ—can help manufacturers secure more predictable revenue. Conga CPQ improves bottom-line revenue by reducing the potential for pricing errors and unapproved discounts.
Customers see on average 32% decrease in rogue discounting, 30% increase in win rate, and 25% increase in sales revenue with Conga CPQ.