SAP COST AND QUOTATION MANAGEMENT
BUSINESS BENEFITS
The SAP Cost and Quotation Management (SAP CQM) application can help you better estimate internal and external costs – enabling you to gain more profitable business based on accurate quotes.
With SAP CQM, you benefit from:
- Higher win rates – Through an extensible set of business indicators, SAP CQM allows you to evaluate the appropriateness of customer opportunities and assess how much time should be spent developing a specific quotation. As a result, you can ensure that you only pursue business that aligns with your company's strategic goals.
- Increased profits – SAP CQM enables you to submit higher-margin quotes by estimating internal and external costs better. You can access integrated data from a variety of enterprise resources, including legacy systems, customer relationship management systems, supplier relationship management systems, and costing and procurement systems.
- Better capacity to respond – SAP CQM accelerates and streamlines the entire costing and quotation process and automates labor-intensive operations, freeing you to focus on high-value sourcing activities with suppliers. Furthermore, SAP CQM can improve your reputation and increase customer satisfaction by ensuring that quotes are submitted on time.