Tacton Configure Price Quote (CPQ) is a commercial product configurator designed to optimize and improve the work of the sales force, especially when dealing with complex or highly customized products.
Thanks to Tacton CPQ, the sales network can propose the best solution at the right price by meeting the customer’s needs.
Automated quotations, guides, document generation and accurate proposals will allow negotiations to be concluded faster and provide customers with a better buying experience.
In the Configure phase, you put together products or services from elements. Here you configure. CPQ software is, in fact, a product configurator. It brings transparency to multivariate product building kits.
This makes it a tool for your sales department and your customers.
With a product configurator, you can easily turn the wishes of individual customers into concrete solutions. The individual configuration is then transferred within the CPQ software for pricing and bid formulation.
Costing is also possible in a CPQ solution.
The configuration forms a detailed list of parts of the configured product. A list shows which individual items are incorporated into the configuration.
The price is calculated on this basis.
However, fixed prices without discounts are a rarity today. Therefore, sales personnel can add individual special conditions through a built-in discount function.
The CPQ system checks whether the sales staff complies with individual discount limits.
In some offers, the discount must be higher than the salesperson’s individual discount limit. In these cases, the CPQ software automatically triggers an approval process. This means that a higher discount is possible at any time, but not without the approval of the responsible supervisor.
Tacton CPQ can easily integrate with systems already in use in the company such as Customer Relation Management (CRM), Enterprise Resource Planning (ERP), and Computer-Aided Design (CAD).