Identifying the Key Capabilities of SAP CPQ (Configure Price Quote) for Cloud Selection Service

Objective

After completing this lesson, you will be able to identify the key capabilities of SAP CPQ (Configure Price Quote) for Cloud Selection Service.

Key Capabilities of SAP CPQ

The key capabilities of SAP CPQ, which are explained in the following text.
1. SAP Configure Price Quote Flexible Configuration in Customer Sales Process

Products can be easily found and configured by sales representatives, they are accurately priced ensuring error-free quotes, discount authorities are limited to protect profit margins, and all proposals are maintained at a professional standard.

2. Process Optimization in B2B

The integration of quote and fulfillment processes is seamless, incorporating the usage rating and invoicing in the SAP BRIM Solution, as well as change processes and renewals, into an interconnected system that incorporates subscriptions, sales and distribution, field service management, and service contract management.

3. SAP CPQ Approach

CPQ integrates the product catalog in SAP S/4HANA, involves master data integration with business partner and contract account, includes integration with solution business for quote fulfillment, and supports Pricing and invoicing with SAP S/4HANA BRIM processes.

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