Choosing a Configure-Price-Quote solution is complex. Your manufacturing business might have already lost money on inaccurate quotes and RFQs lost to competitors; choosing the wrong CPQ provider can cost you more revenue.
The question of "How quickly can the CPQ solution be implemented?" can become a main decision driver for businesses in fast-paced environments. From our years of experience, we can tell you that it depends on 3 main questions.
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.
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.
A for Automation, B for BOM, C for CPQ - Get your daily dose of ABCs.
With this glossary, we are bringing together relevant acronyms for manufacturing businesses and offer further guidance around these topics. We are aiming to help you build your vocabulary as we continuously update this list with the latest terms.
Tags: Manufacturing Automation, Cloud Computing, CPQ Configure Price Quote, SAP ERP, Industry 4.0, Configuration and Calculation, Manufacturing, SAP Hybris Cloud for Customer, CRM, Smart Manufacturing
We are happy to announce that In Mind Cloud is now a new member of the DSAG, the German-speaking SAP’s users group, one of the most important SAP user groups in the world.
The word cloud has become one of the most important buzzwords in technology of the last years: if you type “cloud technology” into Google, your search will have over 130 million results. The worldwide public cloud service market will grow to approximately $247 billion this year according to the Information-technology research firm Gartner. Do you need more proof?
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.
After successfully launching the CPQ for sales and running it for the scenario of pure sales-oriented quotations, In Mind Cloud is proud to bring out its new release. Our 1704 release now caters to the need of reusing the vital costing and sales BOM information in WON quotes and taking this information to the manufacturing processes in SAP ERP. Together with this, In Mind Cloud has also engineered the usage of the manufacturing data: classification, costs, and products etc. - in the core: CPQ process itself. Our main focus for this release was to support manufacturing-driven Configure Price Quote process within SAP C4C and SAP ERP.
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