Infor CPQ customer doubles product sales
Infor CPQ is a configure, price, quote (CPQ) solution that primarily serves organizations in the manufacturing industries. Nucleus interviewed Infor customers and found significant time and cost savings in product implementation, bill of materials (BOMs) generation, and invoicing. Some of the reported benefits include a 45 percent reduction in labor costs, an estimated $100,000 per year in savings due to the reduction of erroneous quotes, and increased revenue from competitive wins directly related to the CPQ’s 3D visualization capabilities. Infor CPQ’s comprehensive product configuration and 3D visualization functionalities are complemented by a transparent administrative system that reduces the complexity behind rule configurations and product implementations. As a result, Infor customers streamlined the order fulfillment process and reduced the number of incorrect quotes, thus reducing the overall time-to-market.