Oracle CPQ Cloud

CPQ is a process within the sales life cycle. Each business that sells a complicated product incorporates a CPQ method in some way or another. Once a client is curious about a product, the salesperson should put together the quote to satisfy the customer's request. 

If a business sells a straightforward product with set costs, the CPQ method is already done; however, enterprise businesses usually have thousands of complicated products, changing rating calculations, massive proposal document templates, and sales that don't give enough time to address CPQ appropriately.

The main features of Oracle CPQ Cloud are listed here:

• Product configuration
• Guided selling
• Rule-driven search
• Pricing
• Discounting
• Approval workflows
• Proposal management
• eSignature
• Order execution

These features enable you to do the following:

• Configure and maintain complex products and services
• Cross-sell and up-sell
• Use region-based offerings
• Manage complex pricing based on the myriad of customer, regional, or time-based data
• Implement dynamic promotions based on customer, volume, regional, or time-based data
• Have approvals managed by workflows in order to streamline processes
• Use templates and easily create proposals
• Use out-of-the-box ERP integrations that enable fast order execution