CPQ

– Selectica CPQ Review

About Selectica CPQ

Selectica CPQ simplifies the sales process so that your sales team can easily generate price quotes more quickly and efficiently. When first setting prices, you can configure the program’s Selectica Playbook, which allows you to set rules for product and deal pricing. Next, the system’s product catalog gives your sales team all the information for your products’ pricing, packaging, availability, etc and lets your team generate deals with the help of a program wizard. Each time a salesperson selects an item to quote, the program ensures that your rep is choosing the right add-ons and options for the product. Once the quote is completed, you can quickly send your quote to the customer through the program and have customer-specific deals sent for approval.

About Selectica
Selectica was founded in 1996 and is headquartered in San Mateo, CA. The company launched its IPO in 2000 and is on NASDAQ as SLTC. Selectica’s programs are used by companies globally and are responsible for closing billions of dollars each year.

Selectica CPQ Key Features

• Pricing system that handles all of your pricing data
• Set rules for products and deals with the Selectica Playbook
• Product catalog stores all product pricing, packaging, availability, building, promotions, and discounting info
• Use the sales wizard to generate and configure deals
• Recommends alternative deals to help fulfill orders in the case of low item stock
• When quoting an item, the product ensures that the right options and configurations are selected for the customer
• Expedites quote delivery and deal approval processes
• Generates reports on sales performance
• Integrates with most ERP, CRM, SRM, and BI systems