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Services Enabling CPQ For Professional Services

Logik.io gives businesses a flexible and powerful platform to configure a wide range of services, with variables and options for all your agreements, contracts, and projects.

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FLEXIBLE & CONFIGURABLE

Make Complex Services Simple to Configure, Price, and Sell

Advanced Configuration

Configure, price, quote, and order complex and customized service contracts.

Logik.io’s advanced logic engine is designed to simplify complex services deals with staggered starts, custom deal structures, and unique SLAs.

Streamlined Complexity

Handle any number of variables in any services or solution package.

Logik.io enables you to simplify complex solution sales that involve multiple services or service types, as well as any products or subscriptions.

Guided Selling

Follow guided paths so that sellers can provide buyers with perfect-fit services.

Logik.io offers guided selling capabilities that enable your sellers to easily configure and price the right services for your customers.

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Our guided product demos allow you to test drive Logik.io and see how our platform could work for your business.

The Logik.io Difference

Discover how Logik.io helps companies configure and sell the perfect-fit services and solutions for their customers.

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Powerful

Handle any service sales variables with our advanced logic engine

There are thousands of variables that could affect your scope of work and the price of that work. Logik.io’s advanced logic engine makes it simple to input your project parameters, and output your SOW pricing. 

Logik.io can handle any level of complexity in your rules, timelines, and intricate dependencies across services and solutions.

Comprehensive

Configure, price and sell any service structure, no matter how complex

With Logik.io, you have the flexibility to support any service deal structure out of the box. 

Logik.io enables you to set custom ramps and deal segment lengths, automatically calculate price breaks and discounts for different terms and conditions, and get perfectly priced, perfectly segmented quotes without needing to customize.

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Flexible

Sell more with a rules engine that supports solution selling

Use Logik.io to increase and expand your deals by solution selling the perfect services plan for your customers with smart recommendations for upsells, cross-sells, and complementary options; warnings and alerts; and in-line info that all help your sellers configure the best plan or package for every customer. 

Connected

Automate CPQ data distribution to your downstream systems

Logik.io seamlessly integrates with your downstream systems and makes it easy to automate and include the attachments of the appropriate agreements included in your services offerings such as SLAs, OLAs, entitlements, and more.

Solution Configuration Software

How to configure complex and customized services

Watch this video to see how Logik.io supports advanced configuration, pricing, and sales for your services business.

What is CPQ for Professional Services?

What is CPQ for Business and Professional Services?

Configure, Price, Quote (CPQ) software allows companies to streamline and automate the creation of accurate quotes for their services. Unlike product-based businesses, professional services involve complex pricing models based on time, labor, resources, and expertise. Managing this manually can lead to errors, delays, and lost revenue.

A tailored CPQ for business services helps resolve these challenges by ensuring that quotes are not only accurate but also scalable as your business grows. With Logik.io’s CPQ, businesses offering services in consulting, IT, legal, and more can significantly reduce the time it takes to create quotes, minimize errors, and ultimately improve customer satisfaction.

Why Professional Services Need CPQ Solutions

Professional services companies face unique quoting challenges:

  • Complexity of Service Offerings: No two projects are the same, requiring quotes to be flexible and customizable.
  • Inconsistent Pricing Models: Rates often vary based on scope, location, or resource availability.
  • Manual Quoting Inefficiencies: Relying on spreadsheets or manual processes leads to costly errors and delays.

With a CPQ solution for professional services, you can eliminate these inefficiencies, provide your sales team with the tools they need to close deals faster, and deliver accurate quotes that reflect the true value of your services.

Key Benefits of CPQ for Professional Services

How CPQ Enhances Efficiency and Profitability for Professional Services

  • Faster Quote Generation: With Logik.io’s CPQ, creating quotes for even the most complex services becomes a streamlined process. Automated workflows allow sales teams to build quotes faster, reducing time to proposal.
  • Improved Accuracy: Eliminate manual data entry errors by leveraging pre-configured pricing rules and templates that ensure every quote is precise.
  • Customization at Scale: Professional services often require unique pricing based on project needs. Logik.io’s CPQ allows for seamless customization of services and pricing models, ensuring that each quote is tailored to the client’s exact needs.
  • Improved Collaboration: A CPQ system aligns sales and finance teams by ensuring that quotes are based on pre-approved pricing structures, reducing back-and-forth negotiations and increasing deal closure rates.

 

How Logik.io’s CPQ for Professional Services Stands Out

Logik.io’s CPQ solution is designed to address the specific needs of professional service providers, ensuring that each quote is accurate, customizable, and scalable. Key features include:

  • Customizable Templates: Pre-built templates for service quotes allow you to quickly generate quotes while maintaining the flexibility to customize based on unique client needs.
  • Dynamic Pricing Models: Configure pricing based on various factors like hourly rates, resource availability, and geographic location, ensuring accurate and competitive quotes.
  • Seamless Integrations: Logik.io’s CPQ integrates with leading CRM and ERP systems like Salesforce, allowing for smooth data flow across departments.
  • Ease of Use: Designed for non-technical users, Logik.io’s intuitive interface ensures that your sales team can quickly learn and use the system without intensive training.

Real-World Success: How Logik.io Transformed Quoting for a Business Services Firm

Let’s take an example of a mid-sized IT consulting firm that implemented Logik.io’s CPQ solution. Before using CPQ, the sales team struggled with:

  • Long delays in generating quotes, taking up to a week for complex services.
  • Frequent errors in pricing that required multiple rounds of approval.

After implementing Logik.io’s CPQ solution:

  • Quote times were reduced by 70%, with most quotes generated in less than 24 hours.
  • Error rates dropped to near zero, thanks to automated pricing rules.
  • The firm saw a 15% increase in closed deals due to faster response times and more accurate proposals.

This case demonstrates how Logik.io’s services CPQ can transform the quoting process, ensuring your team works more efficiently and delivers better results.

Core Features of Logik.io’s CPQ Solutions for Professional Services

Logik.io’s CPQ solution comes with features specifically designed for the professional services industry:

  • Dynamic Pricing Configurations: Set up pricing that adjusts based on hours, resources, or any custom metrics you use.
  • Modular Service Configuration: Break down complex services into easily configurable modules, allowing for accurate quotes based on the client’s specific needs.
  • Approval Workflows: Automate approval processes for quotes that exceed discount thresholds or have complex terms, ensuring compliance with company policies.
  • Integration with PSA Tools: Sync your CPQ system with professional services automation tools to track projects and profitability from quote to completion.

Tailored CPQ Solutions for Business Services

Whether you're offering IT consulting, marketing services, or legal advice, Logik.io’s CPQ solution can be tailored to meet the unique needs of each sector. For example:

  • IT Consulting Firms can create modular pricing for hardware, software, and implementation services.
  • Legal Firms can automate pricing based on hourly rates, retainers, or flat fees.
  • Marketing Agencies can configure quotes based on project scope, timeframes, and resource allocation.

This flexibility ensures that your firm can accurately quote services no matter how complex or customized they are.


 

Implementing Logik.io CPQ for Professional Services

How to Implement Logik.io’s CPQ Solution for Your Professional Services Business

Implementing CPQ software might seem like a daunting task, but with Logik.io, the process is smooth and efficient. Here’s a step-by-step guide to get started:

  • Assess Your Current Quoting Process: Identify pain points, such as delays in quoting or frequent errors, to establish a baseline for improvement.
  • Customize Your CPQ Settings: With Logik.io, you can tailor your CPQ settings to match your business model, service offerings, and pricing structure.
  • Integrate with Existing Systems: Logik.io integrates seamlessly with CRM, ERP, and PSA tools, making data management easier.
  • Train Your Sales Team: With intuitive tools and dedicated support from Logik.io, your team will quickly learn to generate accurate, customizable quotes.
  • Track Performance: Monitor the success of your CPQ system through analytics and reporting features.

 

Learn More

The Logik.io Approach to Solution Configuration

Discover how Logik.io’s Solution Configuration capabilities simplify complex sales.

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The New CPQ Manifesto: A Call for Change

See our vision and explore what’s possible when CPQ works the way it was always meant to.

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Why AI-Enabled Quoting is a Must Have

See how Logik.io’s Cosmo AI capabilities are advancing CPQ and transaction management.

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