Varstreet cpq platform in a nutshell

VARStreet CPQ Platform in a Nutshell

Introduction

Salesmen are aware of the reality — a major chunk of their time isn't spent selling. Research has shown that sales reps invest about 66% of their energy in quotation creation, composing proposals, and getting approvals as opposed to closing deals.

CPQ solutions can profit your business and assist your reps with defeating regular sales obstacles. If your salespeople use legacy quote configurators, are manually exploring quotes, or appear to have a propensity for sending erroneous quotes to prospects, it's an ideal opportunity to invest in a CPQ platform.

What is CPQ? CPQ represents configure, price, quote. It's an expansion of your client relationship management (CRM). It makes the business interaction simpler, quicker, and more coordinated.

CPQ takes the main pieces of the business cycle out of spreadsheets and places them into an automated sales tool that conveys blunder-free quotes. It helps salesmen sell the correct item combination, controls discounting, and automates approvals.

For what reason do individuals use CPQ software?

Various sales groups are stuck depending on spreadsheets and emails with regards to the final phases of their business cycle. Rather than proceeding onward to their next deal, they may squander hours chasing down contract approvals or attempting to precisely price items. A quote generation software puts a halt to this by providing the salespeople with full access to the essential info they desire to boost even the most complex of quotes.

VARSTREET CPQ PLATFORM IN A NUTSHELL

PLUG AND PLAY

Thanks to VARStreet, having to get into the nitty-gritty of the technical back-end is not required anymore. VARStreet CPQ solution brings with it out-of-the-box features that one can be sure to leverage and that too almost instantly. In addition to that, the online price quote software also enables you to have absolute flexibility for branding and customization.

QUOTING BECOMES SIMPLE AND EASY

Using VARStreet CPQ software, you can utilize quote templates to produce multiple quotes and proposals easily and smoothly. VARStreet CPQ's rule-based calculations facilitate simplifying even the most complex quoting requirements.

Likewise, you might also make use of the one-click custom bundle creation.

RICH SUITE OF FEATURES

VARStreet CPQ provides some of the most sought-after features for your business needs such as:1. Catalog and inventory management and real-time pricing 2. Spreadsheets import in bulk 3. History and analytics concerning quoting and pricing 4. Cross-selling and upselling ideas 5. Mobile quotation application 6. Seamless integration with various third-applications like ERP, CRM, PSA, payment gateways, etc.

CLOUD-BASED SUPPORT In the present-day scenario, the demand for cloud-based applications and cloud-based services is at the peak and it only intends to get better in the future. VARStreet provides a profoundly scalable and resilient cloud-based CPQ, which tends to serve a gamut of businesses of all shapes and sizes. Additionally, there is no need for you to have any sort of technical knowledge, and also the platform is user-friendly.

STURDY SUPPORT

All those associated with VARStreet know that it provides the best-in-class postsales service. Their CPQ is equipped with a rich library of content that is available free of cost and can help navigate through the various processes.

Apart from that, you also get 24x7 customer support over various channels.

BENEFITS OF HAVING VARSTREET CPQ BY YOUR SIDE Sales cycles get reduced due to automated quotes, quick approvals, and streamlined product configuration. The average sales cycle drops from 4.68 to a whopping 3.42 in the case of VARStreet CPQ. Higher quoting productivity is achieved through workflow automation, offering accurate configuring and quoting in real-time.

CPQ eliminates all sorts of manual or human errors such as incorrect dates, wrong names, or missing signatures. VARStreet CPQ reduces quote revision by 13%.

The performance of the sales team will improve as and when the layers of automation keep building. They would no longer be caught up in carrying out data entry or administrative objectives. A 17% higher lead conversion rate is witnessed in the case of those who make use of price quotation software.

CONCLUSION CPQ helps eliminate all sorts of errors, automates the sales process, and makes sure the salespeople are more focused on selling and making the business grow at every stage. If you wish to do the same for your business, without thinking twice get yourself registered with VARStreet for world-class service.