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CPQ is software that automates the configuration, pricing, and quoting process, Whereas CPIN is a unique identification for a product or service configuration.
CPQ systems often use CPINs to streamline the sales process and guarantee accuracy in pricing and quoting.
Some of the widely used CPQ software are as follows:
Cincom CPQ, Infor CPQ, Salesforce CPQ and Expedite Commerce are among the top choices for manufacturers looking to optimize their sales processes with a CPQ system that can handle the complexity and scale typical in the industry.
SmartTender is one the best software for healthcare industries which provides tender management capabilities.
Salesforce is a customer relationship management software, whereas Salesforce CPQ is a tool for configuring, pricing, and quoting products.
CRM provides its users with a broad set of features for marketing, sales and customer service, while CPQ focuses on accurate pricing and quoting.
If you are a native salesforce product user, then the best choice of CPQ for you will be Salesforce CPQ. But some other CPQ options that are also well known are as follows:
In Salesforce CPQ, contracted pricing is a functionality that enables sales reps to utilize the product's contract price on future quotations from the same account.
When setting up bundle products, users can impose restrictions on product options using the option constraints tool in Salesforce CPQ. Some of its functionalities are as follows:
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