Proposal Software Resources

A CPQ will cover the functional scope of Configure Price Quote while In Mind Cloud Digital Sales Platform will offer the complete CPQ features plus fully support all industry-specific aspects of the sales process and provide an extended platform with all necessary connectors. While a CPQ will cater to the need of direct sales, In Mind Cloud supports everyone involved from Sales Teams and Engineers to Distributor and even Customers via the sales portal. A generic CPQ also does not cater to specific industry use cases such as for Mechanical & Plant Engineering, Automotive & Steel, Electrical Engineering, Medical Technologies, Appliances & Packaging or Precision Engineering & Electronics.

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A “Black Box” solution is an AI solution that does not give the user insights or control over the defined output, in this case optimized prices. Rather than showing how an answer was reached a “Black Box” will reason that the output is because “The Machine Says So…” VDPG allows the user to determine the level of AI they want to use for segmentation and prune the segmentation tree as they see fit. In addition, through custom business rules, users can manage the algorithmic pricing to reflect sound business judgment from a pricing department.

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Commercial Excellence – Vendavo CPQ Cloud helps enterprises transition into B2B digital commerce by confidently offering intelligent solutions that give companies the right products, at the right price, at the right time, in the right manner. Pricing Intelligence - Vendavo CPQ Cloud pricing capabilities go beyond simply bringing in accurate pricing. Optimized pricing guidance is enabled through advanced artificial intelligence and machine learning yet supervised by practical rules and smart business strategies. Pricing is tailored for each end every quoting situation. Omnichannel Commerce - Vendavo CPQ Cloud enables selling through direct sales teams, distributors & resellers, and through anonymous access such as with eCommerce. And of course, Vendavo CPQ Cloud integrates with existing CRM, ERP, and other key systems to extend your commercial platforms and efficiently deliver on customer expectations.

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