What is CPQ software?

CPQ stands for Configure, Price and Quote

Configure: Expivi's configuration software helps users configure complex products. Through 3D product configuration and AR, the configured products are immediately visible to the customer. Customization down to the last detail!

Price: Expivi's pricing tools ensure accurate pricing of configured products, taking into account factors such as costs, margins, discounts and external factors.

Quote: With our CPQ software, you can ensure that the customer receives a professional quote that includes all the product and pricing information needed to make the right purchasing decision.

The benefits of CPQ software

Using CPQ software offers tremendous benefits. We have highlighted the most important benefits for you!

1. Send quotations quickly and error-free

With Expivi's CPQ software, your customers can configure complex products themselves, and thanks to real-time pricing and integration with your own systems, the process from request to quotation is fully automated, ensuring an error-free and fast experience.

2. Complex pricing calculations: always a suitable solution

  • Attribute pricing: with attribute pricing, prices are determined on the basis of the specific characteristics of the product. For example, the size, color, materials and other options chosen for the end product are taken into account. This makes attribute pricing ideal for less complex products such as Doppio's bikes.
  • SKU pricing (Stock Keeping Unit): with SKU Pricing, Expivi goes a step further. Indeed, thanks to the generation of dynamic SKUs, it is possible to generate products based on the parts used. The link with the ERP system ensures that there are millions of possibilities when it comes to configuration and pricing. This also makes the production process many times more efficient because the specific parts are in the order instead of products. Ideal for complex products such as Expandable's trailers.
  • Script pricing: Expivi's script engine enables us to offer our most advanced and newest form of pricing. With this technology, we can accommodate all forms of pricing for our customers, incorporating not only SKU-based pricing but also additional data from external systems. This powerful script engine makes complex pricing more transparent and insightful for our customers.
  • External pricing: here Expivi uses data from external pricing systems. For example, those of suppliers.

3. Increase sales (and profits) through production-on-demand

The CPQ software helps companies increase conversion rates and make product prices more transparent. Furthermore, companies are not dependent on inventory because products are only produced once they are ordered. This results in fewer "no-sales," higher production, and ultimately more sales.

4. Visual CPQ: the future of quotations in 3D

Expivi is a modular total solution that combines 3D visualization and CPQ capabilities. This allows for the live visualization of complex configurations. Visual CPQ, or 3D configuration, is a valuable addition to your marketing channels for both B2B and B2C. With configured products immediately visible to the end user, it offers a powerful way to enhance the customer experience.

5. Manage B2B and B2C channels better: less physical inventory

Expivi's CPQ software integrates with all sales channels. As a result, resellers are no longer dependent on physical stock. Both business orders and end-user orders can be fully customized using the same solution. This allows for greater control over sales and delivery quality, as both business and end-user orders can be fully customized using the same solution and resellers are no longer reliant on physical stock.

6. Direct to consumer (D2C)

The opportunities for manufacturers to sell complex products directly to consumers are enormous, thanks to Expivi CPQ. The same configuration implemented by resellers can also be used on their own websites.  

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Frequently asked questions about Expivi CPQ software

When is CPQ software interesting?

  • When products have a longer life cycle.
  • When products are not tied to a season.
  • When products have a high value or high volume.
  • When products are complex and therefore configurable.

What type of company is CPQ suitable for?

"CPQ software is especially useful for manufacturing companies that face challenges in configuring complex products with many options and variables. Expivi's customers are particularly active in the following sectors: mobility, transportation and marine; industrial machinery and manufacturing; furniture and outdoor; construction and supply; construction and industrial materials; and electronics and machine supplies. 

How does CPQ create more sales and higher margins?

  • Composable software: all Expivi solutions are modular.
  • The different solutions (3D, AR, CPQ and design to print) are modular and therefore can be implemented individually, but also as a total solution.
  • Expvi integrates with all systems (software) including its own CMS, ERP, CAD and PIM systems.
  • With the omnichannel solutions for retailers and manufacturers, the store floor and resellers become an extension of the webshop.