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ConfigurePriceQuote(CPQ) isasalestooldesignedtohelpcompaniesproduceaccurateandhighlyconfiguredquotesmakingallofthecomplexproduct,pricing,andbusinessrulescentralized,automaticandavailableinreal-time,sosaleshaseverythingtheyneedtowindeals.CPQcounterssaleschallengescausedbymanualprocessesandbusinesscomplexitysuchasroguediscountingandincompleteproductorderswithcapabilitieslikedynamicguidedsellinganddealscoringtodirectrepstothebestproducts,configurationsandpricestowindeals.CPQsolutionsshortensalescycles,improvecloseratesandincreaseaveragesellingprices,deliveringexceptionalreturnoninvestment.
1.SpeedsDealCycles&CloseMoreDealsShortendealcyclesbyquicklyandeasilydirectingrepstothebestproductsandpricingforyourcustomers.Eliminatedelaysfrommanualerrorsandout-of-dateproductinfoandautomaticallypopulaterenewalquoteswithpreviouspurchasedata.
2.IncreasesDealSizeMaximizesdealsizeswithcross-sell,up-sellandguidedsellingrecommendations,whileconfiguringproductsthatpreciselyaligntoprospects’andcustomers’preferences.
3.EliminatesCostlyQuotingErrorsSinglesourceoftruthforproductsandpricingthatisimmediatelysharedacrossallchannels.PowersPartnerQuotingPortalsandE-Commercewebsites.
4.EndsRogueDiscountingEliminateroguediscountingbecauseyourpricingandbusinessrulesarebuiltrightintoyoursalessystem.Repsliterallycannotmoveforwardwithdiscountsbelowbusinessparameters.
5.PrescribestheRightCPQActionsPrescriptivepricingintelligencethatanalyzesquotesandprovideswinningpricingrecommendationsandprescriptiveproductintelligencethatfindscustomerpatternsandoffersdata-drivenproductrecommendations.
5WaysApttusCPQMakesaDirectImpact
Apttus ConfigurePriceQuote(CPQ)IncreasesSalesRevenues
Sales+7-25%
Source:Apttus Quote-to-Cash(QTC)ImpactStudyconductedJune2017byanindependentthird-party,Satmetrix on200+Apttus customercontactsrandomlyselected. Performancemetricsareintendedasaguidelinebaseduponhistoricalresultsfromasamplesetofcustomers.Resultsaredependentuponmanydifferentfactorsthatarecustomer-specific.Therefore,actualresultswillvary.Responsesizeperquestionvaries.
AveragePercentageImprovementsReportedbyApttus Customers
IncreaseinWinRate
+30%
IncreaseinQuoteVolume
+27%IncreaseinDealSize
+22%
FasterQTCCycle
+35%FasterDealClosure
+34%
ReducedRogueDiscounting
+32%
ImprovementinQuoteQuality
+51% FasterTimetoQuote
+38%
5
ConfigurePriceQuoteCustomerSuccess
ThefollowingthreecompaniesarecurrentApttusConfigurePriceQuotecustomers.Hereisalookattheirstories,theirsuccessmetrics
andthepainpointssolvedbyimplementingaCPQsolution.
TrimbleTHECOMPANYTrimbleNavigationLimitedprovidestechnologysolutionsusedacrossawiderangeofindustries.
THEBUSINESSCHALLENGESWithavarietyofinternationalcustomers,thecompanyneededtoadjusttheirprocessestocatertothespecificlanguagesandcurrenciesoftheircustomers.Thecompany’sconstructionbusinesslackedaformalquotingtool.Inaddition,theirincumbentsolutionfailedtoofferasolutionforkeyaccountmanagementthatenabledgrowth.
THEKEYBENEFITS• Implementedquickly• Improvedresponsivenessandloweredrisk• Improvedcustomerfocuswithvisibilityandcontrol• Providedsuperiorfunctionalityyetwaseasytouse• Streamlinedsalesandorderentryprocesseswith
fullintegrationintoOracleERP
“WithApttus,wehaveimplementedareliableprocessfordiscountapproval.Withanapprovalmetricbehindit,thisallowsustotrackandseewhichsalesrepsaregivingdiscountsandwenowhaveabetterview
ofourpricing.”
ClaudeChassot,BusinessDevelopment,
Trimble
ProQuestTHECOMPANYProQuestprovidesaccesstoandnavigationofmorethan125billiondigitalpagesofscholarlycontentfrom9,000titles.
THEBUSINESSCHALLENGESProQuest’slargeeducationaldatabasemadeitdifficultforthemtoconsolidateproductsintoamanageableprocess.Theiranarchicsystemcausedrepstodevelopthereown,disruptiveprocesses.Thesedisparatesystemscauseddelays,andofferednocontrolorvisibilityintothesalesprocess.
THEKEYBENEFITS• DeployedCPQsolutionin7weeks• Quicklyadoptedbyusersandsatisfiedtheneedsofsales• Boostedrenewalrateby90%• Reducedquotegenerationtimeby88%,resultingin
increasedfacetimewithcustomers
“Notonlywereweabletobringinourrenewalsasproposals,butmore
importantly,theyareoccurringfasterandearlier.Wearealreadyseeingatrendinearlycustomerrenewalsjustafter6weeksof
goinglivewithApttus!”
Sunita Banda,DirectorofTechnology,
ProQuest
Zhone TechnologiesTHECOMPANYZhone TechnologiesisagloballeaderinallIPmulti-serviceaccesssolutionsserving750networkoperatorsandcarriers.
THEBUSINESSCHALLENGESZhone wasexperiencingawiderangeofquotingpainpoints.Theentireprocesswasmanualanddisconnected.Throughouttheprocess,quoteswereinconsistentandlackedbranduniformity.Inaddition,quoteapprovalwasprimarilydonethroughemail.
THEKEYBENEFITS• Eliminateddatare-entry• Significantlydecreasedquoteapprovaltimes• Enabledmarginanalysis• Automatedconversionofacceptedquotesintosalesorders
“Apttushascreatedalevelofmaturityinourquotesandprocessesthatwehavenot
experiencedbefore.Thesalesteamcanreallyfocusontheprimarytaskthattheyhavebeenhiredtodo,whichissellingasopposedtoenteringdataalldaylong.”
ClausRoggensack,DirectorofInsideSales,Zhone Technologies
9
WhyPartnerwithApttusforConfigurePriceQuote
“Apttus solutions accelerate time to close. Their apps have a direct impact on sales, and, in particular, on deal momentum. Their CPQ tools, for example,
enable an organization to configure the right products, even complicated product bundles, at the right price in a fraction of the time traditionally needed. This has impact on a company’s ability to bid and win time-sensitive business but also its
ability to keep deal momentum going.”
RebeccaWettemann,VicePresidentofNucleusResearch
Agree Apttus isaLeader inQuote-to-Cash
94%
*StronglyorSomewhatAgree
AgreeApttusisaTrustedBusinessAdvisor
83%
*StronglyorSomewhatAgree
AgreeApttusInnovates
94%
*StronglyorSomewhatAgree
AgreeApttus isCommittedtoCustomerSuccess
83%
*StronglyorSomewhatAgree
48%HaveAlready
RecommendedApttus
99%PlantoExtendtheirUsageofApttus orKeepitasis
Apttus CustomersareExtremelyLoyal
ABOUTAPTTUSApttus,thecategory-definingIntelligentQuote-to-CashandContractLifecycleManagementtechnologycompany,drivesthevitalbusinessprocessbetweenabuyer’sinterestandtherealizationofrevenue.UtilizingapatentedcombinationofSaaS-basedapplications,theApttus IntelligentCloudmaximizesrevenueandbusinessoutcomesforcompaniesofallsizes,including100oftheFortune500.EnhancedbyMachineLearningandMax,aVirtualAssistant,Apttus applicationsincludeConfigurePriceQuote(CPQ),E-Commerce,ContractManagement,IncentivesManagement,Renewals,BillingandOrderManagement.TheApttus IntelligentCloudispoweredbytheworld’smosttrustedcloudplatforms,includingSalesforceandMicrosoftAzure.Apttus isbasedinSanMateo,California,withadditionalofficeslocatedacrosstheglobe.Formoreinformationvisit: apttus.com.