Save Time by 50% | Increase Efficiency by 90%
Supercharge your Customer Experience with An Advanced Contract Pricing Operations Manager
Use this powerful add-on solution in your CPQ tool to reduce errors and time in your pricing engine.
Contract Pricing Operations Solutions
Why Contract Pricing Operations Solutions?
| Before Contract Pricing | After Contract Pricing |
|---|---|
| 9% revenue loss every year | 2% annual cost saving. 10-13% reduction in operating and processing cost. 30% increase in renewal revenue. |
| Months of long sales cycle | 24% shorter sales cycle |
| Several weeks to get contract approval | Reduce this time 80% with CLM software |
| Incorrect pricing erodes customer confidence | Accurate pricing increases customer confidence |
| Before Contract Pricing | After Contract Pricing |
|---|---|
| Long contract negotiation cycle. | 50% faster contract negotiation cycle. |
| Complex pricing calculation leads to wrong payment | 75-90% decrease in wrong payment |
| Incorrect pricing erodes customer confidence | Accurate pricing increases customer confidence and increases the speed of purchase |
| Before Contract Pricing | After Contract Pricing |
|---|---|
| Lead verification is complex for the marketing team with no data. | CRM integration with CLM helps the marketing dept to verify the lead list. |
| Understanding all customer touchpoints is difficult without data. | Enhance CX by reaching every customer touchpoint and understanding Customer Lifetime Value (CLV). |
| Understanding customer trends is hard with no data on the customer lifecycle. | The marketing team can create efficient campaigns by tracking customer trends with data-driven insights. |
| Upselling and cross-selling are complex if you don’t know who your customers are. | Enhance upselling and cross-selling with an accurate customer list. |
Use Cases
| Inaccurate Pricing Mechanism | Long Contract Pricing Time |
|---|---|
| Inaccurate Pricing is a major issue while calculating the price based on multiple bundles. When businesses need to present contracts for many customers, manual pricing techniques create errors and inaccuracy. | A human-driven pricing strategy takes a long time to calculate prices for numerous contracts. The sales reps calculate the prices by manually applying discounts to many contracts and it is time-consuming. |
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Accelerate your complex price calculation time with Contract Pricing solutions built on a Salesforce Platform.