Deliver Outstanding Buying and Selling Experiences with CPQ

Infographic showing the three ways that CPQ can improve the B2B customer experience. Lae alla document

Buyers want to interact digitally with their suppliers.Surprisingly, this is not always easy.of B2B buyers haveshifted from in-personto digital interactionswith their sellersSource: Deloitte Digital, New research on B2B CX: Drive strongrelationships and revenues through new B2B, 2023.Source: VML, The B2B Future Shopper Report 2023, 2023.of global B2B buyers saysellers don’t understandthe friction points in theonline buying experience83% 51%Deliver outstandingbuying and sellingexperienceswith best practices forconfigure, price, andquote (CPQ)Three ways CPQ improves the B2B customer experience:Faster resultsAccuracyPersonalizationSpeed is number one on the list of moderncustomer expectations. Complex quotes can begenerated in seconds. But if a particular quotedoesn’t work for the customer, a new one mustbe created.Aside from speedy responses, customers want toreceive quotes that are accurate. Errors in quotesand configurations can cost you money and bethat one bad experience that causes a customerto switch.Customers and partners can have specific pricingand catalogs tailored just for them. For sellers,AI built directly into the product provides optimalpricing for each individual quote along withrecommended cross-sell and up-sell opportunities.Consider this:Consider this:Consider this:Sales people spendup to 66% of their timeon non-selling tasks,such as quote creation.For a $1 billion company,just a 1%-2% marginincrease annually canbe worth millions.Every automated taskfrees up time to applyto developing deepercustomer relationships.88977enUS (24/05)© 2024 SAP SE or an SAP affiliate company. All rights reserved. See Legal Notice on www.sap.com/legal-notice for use terms, disclaimers, disclosures, or restrictions related to this material.Ready to simplify your buying process?Explore SAP CPQ