Navigating the CPQ Landscape

 

High-Performance Guided Selling & Advanced Product Configuration is Challenging in any of the top CPQ Solutions. See Why Logik.io's CPQ Techology is the Answer

CPQ Techology

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Why Logik.io is a must-have piece of your CPQ solution

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Enhance Your Salesforce CPQ Solution

Give your sales reps the tool they need to deliver a quote with a seamless add-on to Salesforce CPQ. No more picking through part numbers and product lists. Let Logik.io guide every seller to the perfect solution in your quoting tool.

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Maintain a Single Source of Data

Logik.io enhances the "C" of Salesforce CPQ, and is built directly on the Salesforce platform and within the Salesforce data structure, so you can still leverage all your product data in one central place. Logik.io works right alongside your existing system.

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Lightning Fast Speeds

Logik.io adds a proprietary solving engine to Salesforce CPQ built to handle advanced product configurations with split second speed speed for sales reps to produce quotes faster for every product, for every customer, every time.

Table of Contents

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Section 1 CPQ Technology

Consumers have come to appreciate the unparalleled level of customization available for products spanning from everyday items like t-shirts to high-end luxury vehicles and bespoke furniture. This evolving consumer mindset not only fosters a desire for personalized goods but also sets a new standard of expectation, compelling businesses to adapt and deliver accordingly.

Facilitating this growing demand for customization necessitates leveraging the right tools and technologies, and at the forefront of this movement is CPQ (Configure, Price, Quote) technology. While CPQ solutions have been in existence for years, their adoption was primarily limited to larger enterprises. However, with advancements in technology and a shifting market landscape, CPQ has become more accessible, even to small and medium-sized businesses (SMBs).

At its core, CPQ software streamlines the process of configuring customized products, determining accurate pricing based on various add-ons, features, and specifications, and generating comprehensive quotes for customers. This technology serves as the backbone of businesses that offer personalized products, ensuring efficiency, accuracy, and a seamless customer experience throughout the sales process.

Developing robust CPQ technology requires significant investment and expertise. Historically, only established industry giants could afford to develop proprietary CPQ solutions, while others opted to acquire existing technology from specialized vendors. For example, Salesforce CPQ (formerly known as Steelbrick CPQ) has emerged as a market leader, catering to the needs of diverse enterprises worldwide. Similarly, Apttus CPQ (now part of Conga CPQ) has gained traction among prominent corporations such as Thomson Reuters.

The dominance of these established players often dominates discussions around CPQ technology, overshadowing the innovative contributions of emerging businesses. However, newer entrants like Logik.io are disrupting the landscape by addressing gaps in existing solutions and introducing cutting-edge features tailored to modern business needs. These up-and-coming CPQ vendors bring fresh perspectives and agile solutions to the table, challenging the status quo and driving innovation in the industry.

Section 3 CPQ Examples

When delving into the world of CPQ technology, the wealth of information available from industry leaders like Salesforce and other major CPQ providers is truly remarkable. Whether accessed directly through their official websites, partner networks, or industry blogs, these resources offer a treasure trove of insights, examples, and use cases that provide a comprehensive understanding of CPQ solutions.

 

For instance, when navigating through the vast landscape of Salesforce CPQ, one can easily discover a multitude of Salesforce CPQ examples and use cases that offer deep insights into the capabilities and applications of this powerful platform. From case studies showcasing successful implementations to detailed demonstrations of key features, these resources serve as invaluable assets for both newcomers and seasoned professionals seeking to harness the full potential of CPQ technology.

Yet, the significance of this abundance of resources extends far beyond merely showcasing CPQ examples. It reflects a significant shift in the landscape of technology adoption and integration. There was a time when CPQ technology was less ubiquitous, and businesses often faced challenges in finding compatible integrations, especially when dealing with niche or specialized solutions.

However, as the demand for custom products continues to surge and businesses of all sizes and industries embrace CPQ solutions, the ecosystem of available options has expanded exponentially. Today, the marketplace offers integrations for virtually every conceivable need, ranging from common business applications to niche industry-specific tools. What's more, innovative CPQ providers are continually pushing the boundaries, introducing integrations and features that address evolving customer demands and industry trends.

In this dynamic landscape, the availability of CPQ examples serves as more than just a showcase of capabilities; it embodies the spirit of innovation and collaboration driving the technology forward. It underscores the transformative power of CPQ solutions in empowering businesses to adapt, thrive, and deliver unparalleled value in an increasingly competitive market.

As businesses continue to explore the possibilities of CPQ technology and its myriad applications, the wealth of resources at their disposal ensures that they can navigate this journey with confidence, armed with the knowledge and inspiration needed to unlock new opportunities and drive success in the age of customization.

Section 4 CPQ Implementation

The prospect of integrating CPQ technology into a business can be daunting for many. Misconceptions abound, with some viewing the CPQ process as an insurmountable obstacle, fraught with complexity, technical demands, and a steep learning curve. However, the reality is far more encouraging.

 

The perception that the CPQ process is overly complex or requires extensive technical expertise is a common misconception. Whether contemplating CPQ implementation with industry giants like SAP, Apttus, Salesforce, or innovative newcomers like Logik.io, businesses have access to a wealth of resources aimed at demystifying the process and providing guidance every step of the way.

Consider Salesforce, for instance, a leading player in the CPQ arena. Prospective users can find a plethora of resources offering comprehensive Salesforce CPQ overviews, curated by Salesforce itself or by trusted partners, experts, and industry websites. These resources serve as invaluable primers, offering insights into the features, functionalities, and potential benefits of Salesforce CPQ.

Moreover, once the decision to implement CPQ software is made, businesses can rely on detailed documentation provided by Salesforce and other CPQ providers. This documentation serves as a comprehensive guide, covering everything from initial setup and configuration to advanced customization options. With step-by-step instructions and troubleshooting tips readily available, businesses can navigate the implementation process with confidence and clarity.

In addition to documentation, most CPQ providers offer robust support services to assist users in overcoming any challenges they may encounter along the way. Whether through online forums, dedicated help sections, or direct customer support channels, assistance is readily available to ensure a smooth and successful implementation experience.

It's important to recognize that these resources extend beyond technical guidance. Many CPQ providers offer educational materials aimed at onboarding teams and empowering users to maximize the value of CPQ technology within their organizations. From training modules and webinars to user communities and knowledge bases, businesses have access to a myriad of tools designed to facilitate learning and skill development.

While the prospect of integrating CPQ technology may seem daunting at first glance, businesses should rest assured that they are not alone on this journey. With a wealth of resources, support services, and educational materials at their disposal, businesses can embark on their CPQ implementation with confidence, knowing that help is readily available every step of the way.

Section 4 SAP CPQ

SAP CPQ is another popular provider of CPQ technology.

They have some very large corporations as customers. The SAP CPQ architecture is a cloud-based SaaS model that's better at handling complexity and supporting a scaling business than some of the others.

The ability to implement complex configurations with a sophisticated logic commerce engine isn't an option with many CPQ solutions. That's one of the reasons we created Logik.io. We wanted to provide another option for companies who needed more complexity for their eCommerce business and Salesforce CPQ customers who require more than Salesforce CPQ alone can provide.   

SAP CPQ does a pretty good job of meeting this need for some of the largest and most well-known corporate giants like BJ's Wholesale Club Holdings, Inc. They too have a great many resources available for customers using their software. There's something available for customers in every stage of the process.

They have SAP CPQ documentation to help with the set-up process and make sure configuration rules and SAP CPQ integrations are implemented properly. The ample SAP CPQ help section can answer any questions customers may have along the way. There are even SAP CPQ training courses to get you and your team up to speed on the system and SAP CPQ PDFs available to use as guides or cheat sheets along the way.  

Section 5 Oracle CPQ

Oracle CPQ is another well-known option often touted as a top contender in the space.

Oracle CPQ architecture is very complex and specifically engineered. While to many that makes it intimidating, they do provide resources for businesses to be sure they are fully up to speed on every area of the system.   

Firstly, there is a comprehensive Oracle CPQ documentation section to help with software implementation. This is often the part that people need the most help with and the point at which they feel the least comfortable using the software as they're just getting started.

To further assist their customers in growing their familiarity with the program, training the teams to use it, and making sure they know every part in and out, they have entire Oracle CPQ certification courses. These allow users to specialize in specific areas of the software as well.

As with all of the CPQ technology options, they don't leave you to go it alone from there either. At any time, if there are any questions or concerns, the Oracle CPQ help section is available. It can provide answers to more specific questions should the need arise.

Section 6 Salesforce CPQ Features

Salesforce CPQ features are a large part of the reason for the company's stellar reputation.

It grew to popularity by becoming a top CRM provider and kept expanding its offerings to meet customer needs. They offer a wide variety of solutions for different business needs and have a lot of different integrations allowing for plenty of Salesforce CPQ customization options.

Salesforce CPQ implementation guides can walk you through every step. There are Salesforce CPQ Trailhead courses to provide a deeper understanding. You can even get a Salesforce CPQ certification by taking their onsite or online exam. Alternatively, you can choose to work with an expert who has been certified.

Many customers found that as they offered more complex product options, they began to outgrow Salesforce CPQ. Many customers really loved the rest of Salesforce's products and didn't want to lose them or go through the hassle of moving all their data to another system that allows more complexity.

Luckily, they partner with more complex CPQ providers like Logik.io to make sure their customers could stay in Salesforce and still get the added functionality they needed. Take a look at our Logik.io for Salesforce CPQ cheat sheet to learn more.

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