What is CPQ (Configure, Price, Quote)?

CPQ stands for Configure Price Quote software. CPQ is a solution for businesses that makes it simpler, quicker, and significantly more efficient to provide quotes to clients. It takes the manual effort out of the process, which allows salespeople to focus on what they do best: selling. With the use of CPQ software, sales teams can produce quick and precise estimates, improving client satisfaction and increasing conversion rates. Also good to mention is that CPQ lets you configure your products within the existing product limits, so you, your salespeople, dealer or even the end customer never make an error in the quotation process. The quotation is always guaranteed to be accurate with CPQ.

Don't have the time to watch the entire video?
Here's an overview of the chapters:
0:00 introduction
0:41 Meet CPQ
0:50 Configure
0:57 Price
1:05 Quote
1:17 What CPQ does
1:46 Example of CPQ
2:00 CPQ in short
2:19 Outro

𝗠𝗼𝗿𝗲 𝗘𝗹𝗳𝘀𝗾𝘂𝗮𝗱

𝗔𝗯𝗼𝘂𝘁 𝗘𝗹𝗳𝘀𝗾𝘂𝗮𝗱
Elfsquad makes the best CPQ software for companies in the manufacturing industry. Optimize your sales process, create more R&D time for your engineers and reduce the error rate in your factory. Our user-friendly and intuitive software also integrates perfectly with all kinds of other best-of-breed software.

𝗪𝗵𝗮𝘁 𝗮𝗿𝗲 𝘆𝗼𝘂 𝘄𝗮𝗶𝘁𝗶𝗻𝗴 𝗳𝗼𝗿?
You can experience all the top features of the
Essential account for 30 days.
- Configure complex products in minutes.
- Create accurate quotations instantly.
- Collect leads via online showroom.