SAP Configure Price Quote (CPQ) allows customers to configure, price, quote, propose, and sell product offerings. The SAP CPQ application can be used as a product and service catalogue with search and selection capabilities as well as for guided selling, proposal generation, and multi-level channel management tasks associated with sales configurators. The sales quote software is designed to help sales professionals understand customer needs, narrow down the product list, collaborate to propose the right products and services, and deliver an accurate quotation to the customer. The software helps to make sure users can search for the right product and compare against other similar products using product and pricing information in one place.

SOC 1 reports are prepared in accordance with AT-C section 320, Reporting on an Examination of Controls at a Service Organization Relevant to User Entities’ Internal Control Over Financial Reporting, and evaluate the effect of the controls at the service organization on the user entities’ financial statements. SOC 1 reports are specifically intended to meet the needs of the entities that use service organizations (user entities) and the CPAs that audit the user entities’ financial statements (user auditors).  SOC 1 Type 1 report on the fairness of the presentation of management’s description of the service organization’s system and the suitability of the design of controls to achieve the related control objectives as of a specified date, whereas a SOC 1 Type 2 also includes the operating effectiveness of controls to achieve the related control objectives throughout a specified period.

SAP CPQ has regularly prepared SOC 1 Type 2 audit reports by an independent 3rd party accountant. This version of the report covers the audit period 1. October 2022 to 31. March 2023, the locations Ashburn, Virginia (U.S.), Frankfurt (Germany), Singapore, and Dublin (Ireland).

The use of these reports is restricted to the management of the service organization, user entities, and user auditors. A copy of this report is available for all SAP CPQ customers who had productive and had financially-relevant systems during the audit period covered by the report.