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What is camos CPQ?

CPQ software, which stands for Configure, Price, Quote, plays an essential role in bridging the gap between customers and the manufacturing process. Its key features encompass product configuration, price determination, and quote generation. Designed with a strong emphasis on addressing customer needs, this software ensures that it suggests the most relevant products for different situations. A collection of predefined rules ensures that configurations remain accurate, allowing for a seamless progression to subsequent stages. By employing a modular variant system, it enables the innovative combination of standardized function modules to create custom product variations that align with client requirements. The product configurator within a CPQ system efficiently converts customer specifications into suitable products and features. Moreover, rule-driven workflows reduce the necessity for extensive internal discussions and approvals. Consequently, this leads to a remarkable 28% acceleration in the sales cycle, thereby improving sales efficiency while refining pricing strategies, which opens more avenues for cross-selling and upselling, ultimately increasing both sales and profit margins. Harnessing this technology not only simplifies the sales process but also cultivates stronger client relationships through tailored offerings, enhancing overall customer satisfaction and loyalty.

What is IBM Sterling Configure, Price, Quote (CPQ)?

IBM Sterling CPQ transforms and optimizes the configuration, pricing, and quoting processes for complex products and services, making them more efficient. This innovative platform improves the purchasing experience for customers by enabling transactions across all preferred sales channels. With its user-friendly interface, IBM Sterling CPQ aids eCommerce shoppers, sales agents, call center representatives, and partners in selecting the right products while ensuring accurate pricing. It also enables businesses to provide the outstanding buying experiences that today’s consumers demand, which in turn enhances sales efficiency. The CPQ system automates the online sales process, guaranteeing the correct configuration of solution bundles and uncovering opportunities for cross-selling and up-selling, which significantly boosts customer satisfaction and lightens the workload for call centers. Moreover, by consolidating pricing operations, CPQ removes manual pricing tasks, ensures consistency in pricing, and automates necessary price adjustments, thus allowing business users to handle price changes more effectively. In addition, the implementation of IBM Sterling CPQ can lead to increased revenue by streamlining the sales cycle and enhancing overall productivity. Overall, IBM Sterling CPQ not only simplifies the sales journey but also builds stronger customer relationships through its intuitive features.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Pricing Information

Pricing not provided

Pricing Information

Pricing not provided

Supported Platforms

SaaS
Windows

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

camos

Date Founded

1986

Company Location

Germany

Company Website

www.camos.de/en/camos-cpq

Company Facts

Organization Name

IBM

Date Founded

1911

Company Location

United States

Company Website

www.ibm.com/products/configure-price-quote

Categories and Features

CPQ

2D Drawing
3D Modeling
Approval Workflow
Guided Selling
Product Configurator
Proposal Generation
Quotes / Estimates
Renewal Management
Self Service Portal
eCommerce

Product Configurator

2D Drawing
3D Modeling
Custom Pricing Options
Recommendation Engine
eCommerce

Quoting

Automated Quoting
Catalog Management
Client Portal
Contact Management
Customer Accounts
Customizable Branding
Discount Management
Forms Creation
Pricing Management
Product Configurator
Proposal Management

Sales Acceleration

Not specified

Categories and Features

CPQ

Not specified

Order-to-Cash

Not specified

Quote-to-Cash

Not specified

Sales Acceleration

Not specified

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