SAN FRANCISCO, Feb. 1, 2018 /PRNewswire/ — Salesforce [NYSE: CRM], the global leader in CRM, today announced that Gartner, Inc. has positioned Salesforce as a Leader in its 2018 Magic Quadrant for Configure, Price and Quote (CPQ) Application Suites for Salesforce CPQ. Empowering companies to accelerate sales growth, Salesforce CPQ automates the quoting, pricing, contracting and billing processes.
“Salesforce CPQ arms sales reps with a fast, integrated and visually-rich quote-to-cash process—delivering increased productivity and sales,” said Pascal Yammine, SVP & GM, Salesforce CPQ. “We believe this placement reinforces our industry leadership and commitment to our customers to deliver a faster and simplified sales process.”
According to Gartner, “configure, price and quote (CPQ) application suites enable sales organizations to automate and optimize the creation of quotes and capture of orders. CPQ is part of the larger quote-to-cash business process. Some vendors are building or acquiring CPQ, contract life cycle management, sales performance management, order orchestration, price optimization and billing capabilities to offer a one-stop solution for the entire process. Leading CPQ solutions support the creation of quotes and capturing of orders across multiple channels of customer interaction (such as direct sales, contact center, point-of-sales, resellers, and customer self-service).”
- The 2018 Gartner Magic Quadrant for CPQ Application Suites is available here: https://www.salesforce.com/form/pdf/gartner-CPQ.jsp
- To learn more about Salesforce CPQ, please visit: https://www.salesforce.com/products/quote-to-cash/overview/
- To learn how Salesforce CPQ can help salespeople create quotes faster than ever, please visit: https://trailhead.salesforce.com/en/modules/sf_cpq
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