CPQ Returns $6.22 for Every Dollar Spent
Research shows that for every dollar spent on a CPQ deployment, businesses received an average of $6.22 in returns within three years.
As businesses turn to configure, price, quote (CPQ) solutions to improve sales effectiveness, research is showing just how valuable the investment is. Nucleus Research analyzed the returns of CPQ deployments and found businesses averaged over six dollars gained for every dollar invested over a three-year period.
Benefits include:
- Increased revenue
- Reduced operational costs
- Increased sales employee productivity
- Faster time-to-close
- Improved customer satisfaction
In addition, businesses leveraging CPQ solutions during the pandemic shutdown were better able to mitigate the risk of financial impact.
Check out the report to learn why modern CPQ solutions can support your entire quote-to-cash process, establish more sales channels, and enable new payment methods so you can capitalize on multiple business models and deepen your market penetration.