It is our comittment to build a CPQ for manufacturing industries with maximum benefits especially for these industries. With a new release every quarter, our software is constantly being improved, we are adding roadmap features as well as customer inspired enhancements and UI improvements.
Manufacturers today are facing several challenges around the revenue generating unit of their business: Sales. When your sales team’s job includes to calculate production costs, configure the right solution out of a million options and compile Bills of Material extending hundreds of posts, sales has transformed from a number into a data game.
CPQ - Configure Price Quote software - can be intensely beneficial to a sales team. The automation factor in quoting and proposal generation does not only save time, but helps cut down on costs of sales. Besides efficiency, a CPQ solution increases quote accuracy ensuring the profitability of quotes, especially for margin sensitive businesses. Certainly, these benefits are tremendous. But what really gives a CPQ the strength to transform the sales of a company is its ability to span front and back office.
In part 1 of this blog series, we already indentified 5 of the key indicators that your manufacturing business will benefit from sales automation in the form of a Configure Price Quote (CPQ) software.
The first set of questions that CEOs and business managers should ask themselves were:
1. Does the complexity of product configurations affect your margins?
2. Is pricing and product information from your ERP always available to sales?
3. Do your sales teams make costing and pricing errors?
4. Are your approval regulations increasing the length of the sales cycle?
5. Are your margins eaten up by real production costs later?
Businesses in manufacturing industries offering complex products or services to their customers often have 3 problems in common:
- The sales process is lengthy
- The complexity of the products or solutions offered, extends to the sales process itself
- Price calculations are difficult but require 100% accuracy due to slim margins
Interview with Dr. Christian Cuske, CEO of In Mind Cloud
Recently we explored the advantages of using a Cloud CPQ and CRM for manufacturing businesses. We identified cost-effectiveness, scalability, enhanced collaboration and a more efficient way of processing a company’s data as the main advantages of a cloud solution.
Today we will take a closer look at the underlying technology platform of a cloud solution, specifically, the SAP Cloud Platform (SAP CP). Dr. Christian Cuske, In Mind Cloud’s co-founder and CEO will give us more insights on why the company built their software on this platform and how In Mind Cloud's customers benefit from that choice.
The Opening Keynote of SAPPHIRE NOW 2017 was full of enthusiasm and demonstrations that prove SAP's history in bringing radical change into the world will be continued in the age of digital transformation.
SAP just announced the launch of the new "Cloud CPQ Express" is live as one of the featured apps.at the Global Partner Summit, in Orlando. We are proud to say, that
On 15 May 2017 SAP's Global Partner Summit 2017 took place in Orlando, Florida and it was loaded with game-changing insights as well as plentiful networking opportunities.
Today we are proud to announce our new branding, reflecting our sharpened focus on the verticals of manufacturing, engineering and high-tech. Having gained the trust of numerous customers from these industries with our CRM and CPQ solution, In Mind Cloud is moving fast towards further growth and global expansion.