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.
