1. Business

CPQ with Prophet 21 for Business Modernized Structure

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Today manufacturers are facing challenges in leveraging ERP solutions for faster outcomes as they need help to remove dependency on multiple legacy applications. Since complex product manufacturing needs legacy applications, it becomes challenging to retire them. This challenge is further extended through merger and acquisition activity. 

Integration of CPQ with Prophet 21 can help streamline the business architecture ecosystem and systematize the sales process. CPQ with Kbmax acts as a centralized unit and streamlines all internal operations of the organization to witness progress in work management, fast delivery, and satisfied sales.

Let's discuss why your business needs the integration of CPQ with Prophet21.

Why do your need integration of CPQ with Prophet 21?

You need a strong technological foundation to create a successful business in today's competitive market. A platform that can grow, develop, and expand without requiring major system changes or expenses is also necessary. The distribution software Prophet 21 from Epicor is designed to help your company's growth both today and in the future. You can modify the Prophet 21 solution to better suit your company's needs thanks to extensibility, a modular framework, and simplified Web Visual Rules.

CPQ with Prophet 21 solution offers various features that enable manufacturers to customize the software to meet business operations to increase efficiency. 

Epicor Prophet 21 helps you increase speed and responsiveness; you can manage your supply chain and inventories with a comprehensive suite of tools. It offers: 

  • Various techniques for dynamic inventory replenishment
  • More accurate demand forecast
  • Enable analyzer of consumer purchasing patterns with notifications
  • Mass loading with EDI/Electronic Supplier Update

 

Benefits of Configure Price Quote Solutions

Because of non-standard architecture, complex pricing and sales rules, and revision in product design, the launch time for product bundles increased; this also strengthened the time of product catalog and structure migration and ultimately increased the cost of IT operations. 

With the familiarity of most Windows-based solutions, any commercial data analysis program can access data using Prophet 21 software, which offers scalability, dependability, and real-time access. Because the efficiencies obtained can significantly boost corporate performance, the Prophet 21 system was specifically tailored for the Microsoft SQL Server.

Key elements of a CPQ with Epicor help you easily integrate with enterprise product catalog, incorporated quote platform for focalized telco solutions, Dynamic and design-time bundling, and Cross-sell/upsell opportunity based on custom view. As ERP CPQ gives complete access to customers, it becomes easy to know their preferences and suggest product recommendations that fit-in their requirements. CPQ with Epicor also helps in achieving end-customer and partner self-service

Contract-driven pricing allows sales reps to modify quotes based on customer requirements and also allows them to make changes in quoted real-time. The traditional process takes a few weeks to alter the quotes, and teams must measure the quote based on suggested changes. Still, after taking it so many times, it took time to define accurate product quoting. 

Epicor CRM CPQ abilities and interfacing services may differ based on the CSP's business structure guidelines and business assembly abilities. REST API specifications are recommended to command interfaces around CPQ with Epicor for timely and standardized implementation of enterprise integration architecture.

Features of Kbmax CRM CPQ Software Solutions

ERP CPQ brings new diversification within companies and enables their sales representatives to respond more quickly to customer inquiries and consequently help them get back in touch with the customer earlier to close the deal. In addition, it empowers salespeople to work harmoniously and in real-time with potential customers on product configuration. Including the customer's point of view more actively in the sales process makes the business and the product more engaging and increases customer experience. 

ERR CPQ software solutions also help break down resources into separate reusable combinations that can be readily recombined. This process, known as componentization, is the most vital feature of CPQ with Epicor.

The reusability, modularity, and versatility capabilities of the ERP CPQ help determine the effectiveness of the entire prospect-to-order cycle. It is necessary to assess the effectiveness metrics of the CPQ design to evaluate the need for a dedicated CPQ solution in the IT ecosystem to match the exact customers' needs.

Epicor CRM CPQ also helps businesses to increase bundle offer creation, lead creation, and reduction in CPQ sales handling time. The reduction in manual touchpoints through ERP CPQ increases customer trust

The main benefits of using the centralized CPQ are omnichannel sales with a more accelerated rollout of bundled product offers and interfacing digitally with direct sales, account administrators, partners, and consumers.

Summing up:

Keeping an eye open on business capital expenditure is crucial to success, mainly because of the co-existence of legacy ERP CPQ. To balance the outcomes, businesses require significant reductions in operating expenses by reducing the number of legacy applications. Also, by propelling converged solutions via CPQ for early revenue benefit.

There should be a business ploy to eliminate legacy Configure Price Quote Solutions by modernizing product models, congeniality rules, order breakdown rules, and all the interfaces on the CPQ to make it a strategic CPQ application. But using a cloud-based ERP CPQ, it becomes easy to integrate other applications working on business infrastructure because of the steady configuration and microservice features.

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