What is a Product Configurator

what is a PRODUCT CONFIGURATOR? Ever lost a quote? Ever misquote a client? It's easy to do when you don't have a Product Configurator integrated into your CPQ application. PRODUCT CONFIGURATOR PRODUCT CONFIGURATOR The sales representative collects orders from the client. Then, the sales representative selects the items with predefined options from the CPQ Product Configurator. PRODUCT CONFIGURATOR The configurator ensures that only a valid product or service with an appropriate price will be added to the quote. The items are added to a well-designed template and a professional, accurate quote is sent to the client. COMPUTER CONFIGURATION EXAMPLE Here is an example of the Product Configurator in action on a complicated computer build: 2 Computer builds require the integration of several custom elements, like RAM, hard drive, and a processor. Many components in a custom computer build have limited compatibility. An intuitive interface prevents invalid selections and ensures a complete and correct build. The items are added to a well-designed template and a professional, accurate quote is sent to the client. ADDITIONAL BENEFITS Using a product configurator CPQ applications reduce the A CPQ application can reduce reduces the time it takes to time to close and time errors from 20-60% construct a proposal by 75% to complete by 25% Time saved, reduced error and increased efficiency reduce costs and increase profit margins. SOURCES W iQuotexpress thequotingcoach.wordpress.com/2009/06/03/now-is-the-time-to-improve-your-sales-quotingprocess/ webcomforce.com/images/tabs/CPQ%20WhitePaper.pdf Internal iQuoteXpress Study Sel Smart. Quote Fast. Close More.