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Tacton CPQ (Configure, Price, Quote)

With Tacton CPQ you sell B2B manufacturing products smart, fast and flawless, achieving operational excellence and customer satisfaction. Sales made simple for complex manufacturing.

Automate, digitilize and simplify manufacturing sales with a Configure-Price-Quote solution you can trust

What is CPQ Software?

CPQ stands for Configuration-Price-Quote, the process your sales team follows when providing comprehensive products and services to your prospects. CPQ software is a solution that helps organizations configure their price offerings, determine pricing rules, and provide discounts.

This error-free quoting system gives prospects the information they need to make informed purchasing decisions. Unlike the manual process, a CPQ solution can build customized packages in a fraction of the time. Learn more by watching the video or read our Beginners Guide to CPQ.

Tacton CPQ Core Features

Tacton CPQ Options

Watch Tacton CPQ in action

CPQ is an engine of growth. See the features and product capabilities in Tacton CPQ making that happen.

Discover the Power of Tacton CPQ

  • Make Quoting Simple

    Configure-Price-Quote systems help businesses across different industries quickly and effortlessly generate seamless quotes for any contract type, streamlining complex and intricate quoting processes.

    Configure your CPQ tool to produce accurate quotes based on your chosen parameters to eliminate errors.

  • Lower Quote Time

    The best CPQ software ensures your agents spend less time quoting and more time selling. Tacton’s cloud-based CPQ tools store pricing and sales data to improve consistency in quoting.

    Simultaneously, your Configure-Price-Quote software becomes a central repository, preventing the confusing build-up of Excel spreadsheets required for the quote generation process.

  • Streamline Approval

    Streamline the sales process with automation. Get quotes to all relevant employees quickly and deliver them digitally, directly to your customers. Unlock a new way of working and make customer satisfaction your top priority.

    You can also set rules to provide automatic approval if specific parameters are met, such as deals, free add-ons, or other details.

  • Increase Average Deal Size

    CPQ software lets you extract more value from your cross-selling and upselling efforts. You can use your order history to make targeted offerings to new and existing clients.

  • Gain More Insights

    The best Configure-Price-Quote solutions store sales data in a central location, allowing your team to extract insights on what’s working and what could be better.

    With this data, your reps can determine how often products are discounted, how long sales approval takes, and more. The greatest part? Your reps can access this data in real time, making it easier for your agents to track market trends and act accordingly.

  • Supercharge Your Sales Team

    Your sales team spends two-thirds of its time away from customers. By implementing a Configure-Price-Quote CPQ tool, you can automate most tasks, including quoting, filling out spreadsheets, and attending to administrative tasks.

    When you free up your agents, they become more effective because they have more time to spend building impactful relationships with current customers, seeking new clients, and pursuing professional development.

  • Enable Smooth & Disruption Proof End-to-End Operations

    CPQ helps improve efficiency by automating your manual processes and replacing engineering-to-order (ETO) process with Configure-to-order. This helps decrease costs for quote errors, order errors and claims while increasing win-rates with a faster response time. It’s also possible to decrease the cost for introducing and maintaining products and prices in all your unique sales channels.

  • Deliver Fast & Flawless Customer Experience 

    With CPQ it’s easier than ever to increase win rates with a faster turnaround time for any customer inquiry. CPQ comes complete with pricing and CAD details early in the buying journey to create trust between you and the customer. Offering a first-right buying experience will increase customer satisfaction and drive new revenue streams. Finally, optimizing the product fit will increase win rates and improve your pricing strategies.  

  • Manage Complexity & Compliance

    Reducing costs and managing complexity is critical to manufacturers’ success. By reducing costs for managing regional compliance and sales channels, you can expand your sales markets globally, enabling new revenue streams. Including configuration items such as regulatory changes, and sustainability goals will help forward thinking manufacturers grow their businesses by meeting new customer demands.

The results of Tacton CPQ*

%
Sales and quoting labor cost savings
%
Sales volume increase
%
Increase in profit

*Data from manufacturers using Tacton CPQ

Don't just take our word for it!

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“Tacton supports our solutioning processes globally”

Read Customer Story

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“It now takes only five minutes to generate a complete budget offer including pricing”

Read Customer Story

Siemens Energy

“Tacton reduced our quoting process from 8 days to 1”

Read Customer Story

Tacton CPQ is different from other CPQ vendors

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Unique Configuration Engine

Our constraint-based configuration engine is uniquely designed to handle complex manufacturing equipment with high product variance and yet reduce your product information maintenance costs.

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25 years of manufacturing expertise

Our long experience with digital transformation projects within complex manufacturing has generated unique product capabilities as well as strategic know-how to ensure CPQ project success.

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Inhouse CAD Automation and Visualization

Reduce dependencies to other companies and maximize performance with Tacton’s CPQ value added and future-proof options.

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Needs-Based Configuration

Translate customer needs into a 100% accurate technical solution ready for order, empowering non-tech users to configure highly complex equipment on their own.

Ready to Get Started?

Speak to one of our CPQ experts to arrange a personalized demo and find out if Tacton CPQ is right for you.

Choose the Tacton CPQ editions and options that best meet your needs

ZigZag

Start small and scale up, or support your entire enterprise today. Learn about our Tacton CPQ Editions and Options by downloading the brochure.

Download Tacton CPQ Editions & Options (PDF)

Tacton CPQ Video Library

Learn more about Tacton CPQ through these videos.

Learn more

Blog 

CPQ Software: Is my Product a Good Fit for Tacton?

Blog 

The True Cost of a Bad Customer Experience in Manufacturing

Guide 

Keeping Up with the New Manufacturing Buyer

CPQ Software FAQs

 

What does CPQ mean?

CPQ stands for “Configure, Price, Quote,” which refers to the three major functionalities of CPQ software.

The goal of CPQ software is to automate the pricing and quotation aspects of product sales, as they tend to be the longest and most complicated. This is especially true in industries where products have multiple configurations and variants, which could lead to pricing, inventory, and supply chain issues.

When used right, CPQ can streamline the product lifecycle, reduce errors in pricing and configuration, and improve the overall customer experience.

CPQ systems are widely utilized across various sectors, including manufacturing, technology, and healthcare. Essentially, they are integral for any business that demands customized products or services.

 

How does CPQ help with quote generation?

The problem with manual quote generation is that it’s tedious and error-prone.

Consider a scenario where a client requests a unique product configuration. To provide an accurate quote, you would first need to consult with the engineering team to determine the costs involved, including raw materials and components. This process can be time-consuming, potentially taking hours or even days, which may result in losing a sale due to delays.

CPQ systems revolutionize this process through automation. They allow end users to create product configurations in 2D or 3D, after which the system automatically calculates the price and generates a quote in a matter of minutes, with just a few clicks.

This efficiency is particularly advantageous when clients request changes in the product configuration. The CPQ system immediately updates the price to reflect these changes, generating an updated quote. This rapid response capability of CPQ systems enhances efficiency and significantly improves customer satisfaction and sales success.

 

What kind of training is required to run CPQ software?

The level of training necessary for CPQ software varies, but platforms like Tacton CPQ are designed for ease of use, requiring minimal to no training. This user-friendly approach ensures that anyone within the organization can efficiently utilize the software, regardless of their technical expertise.

Tacton CPQ features an intuitive visualization tool, enabling sales agents and customers to easily create and modify product configurations with just a few clicks.

Additionally, the system can automatically generate CAD drawings based on these configurations, which can then be seamlessly forwarded to the engineering team for further processing. This streamlined approach simplifies the configuration process, making it accessible and efficient for all users.

 

What are some key features of CPQ software?

When selecting CPQ software, things to look out for include dynamic pricing, powerful visualization, automated quote generation, integration with other platforms (especially CRM and ERP), and analytics. Ideally, the CPQ system should be cloud-based to ensure easy accessibility for all members of your organization.