Tips and Tricks for Getting the Most Out of CPQ Software

Laptop with software

If you’ve invested in CPQ (configure, price, quote) software, you want to get the most out of it. Here are some tips and tricks for doing just that. Keep reading to learn more.

Learn about the basics of CPQ.


CPQ is a system that helps businesses configure and price products and generate quotes for customers. CPQ software can automate the sales process by streamlining the product selection and pricing process. To get the most out of CPQ software, businesses should ensure that their data is accurate and up-to-date. They should also make sure that their team is familiar with the software and trained in how to use it. Additionally, businesses should regularly test their CPQ software to make sure it is functioning properly.

Leverage the power of quotations in the CPQ software.

CPQ software can help businesses speed up the process of creating and ordering custom products. By leveraging the power of quotations, you can create templates for commonly ordered items, making it easier and faster to place orders. You can also use quotations to create product variations and configure options, making it easy for customers to order the products they need. Additionally, quotations can be used to track sales quotes and proposals, helping you keep track of potential sales opportunities.

Optimize your sales process with CPQ software.

CPQ software can help you optimize your sales process by automating the quoting and ordering process. This can save you time and ensure that quotes are accurate. CPQ software can also help you track inventory and pricing information to ensure you are getting the best deals for your customers.

Generate quotes and proposals quickly with templates.


CPQ software is designed to help businesses generate quotes and proposals quickly and easily. First, make sure you have a good understanding of your product catalog. The more information you have about your products, the easier it will be to create accurate quotes and proposals. Then, use templates to create standard proposals that can be customized for each customer. This will save time and ensure that all proposals are consistent in terms of formatting and content. Templates can help speed up product configuration by providing pre-configured options based on common customer requests. They also ensure that all required fields are included in your quote, reducing the chances of making mistakes during configuration. You should also take advantage of the built-in reporting features to track proposal activity and measure the success of your quoting efforts. This will help you improve your quoting process over time. And be sure to test the software before using it in a live environment. This will help ensure that there are no surprises when you start generating quotes for real customers.

Utilize product libraries whenever possible.

Product libraries provide a repository of commonly used components that can be quickly added to your configurations without having to search for them each time. This can save valuable time when creating quotes for multiple products or customers with similar requirements.

Take advantage of rules engines.

Rules engines enable you to create conditional logic that controls how products are configured based on predefined criteria such as customer type or product family. This helps automate the configuration process and ensures that products are configured consistently across different sales channels or customer types.

CPQ software is an important part of any business that sells products or services. It helps to automate the sales process and can save time and money. There are many tips and tricks for getting the most out of CPQ software. Some of these are to customize the software to fit the business, use it to its full potential, and keep it up to date.