What is NetSuite CPQ?
NetSuite CPQ enables sales teams to quickly configure, price and quote (CPQ) complex products and services with complete accuracy and reliability—directly in NetSuite. The ability to create 3D product visualizations and automate the generation of sales proposals helps to further enhance and accelerate the sales process. The configure, price and quote software works seamlessly with NetSuite ERP, CRM and ecommerce solutions using NetSuite pricing, inventory and profitability data and connected workflows that automate the transition from sales to delivery, generating bill of materials (BOM), routings and work orders.
With an easy and error-proof process to configure, quote and order configurable products and services, sales teams can quote and sell like experts on all your sales channels, including internal sales teams, external dealers and online.
NetSuite CPQ allows us to standardize complex part number creation providing efficiency to our entire quote, order and production cycle.
NetSuite CPQ Benefits
NetSuite CPQ Features
Enable salespeople and customers to select features and options of your products and services and apply customizable business rules to make sure that every configuration is correct, saving money on double and triple checks and reworking orders.
Leverage standard pricing data in NetSuite as a starting point, and then apply rules-based pricing based on the options selected as the product or service is configured. These dynamic prices are then available on the quote and the order to complete the transaction.
Transform the quoting process from a manual, time consuming endeavor to a single-click, immediately-transactional, ecommerce-like experience. The Live Quotes feature gives salespeople the ability to deliver interactive emails with quotes that end customers can interact with, acknowledging that they want to move the quote to an order and delivering that message to the sales rep in NetSuite CRM.
Create accurate and branded proposals. NetSuite CPQ Proposal Generator gives sales reps a quick and easy way to provide customers with a proposal they can sign off on. With fully customizable templates, sales can produce polished proposals easily and quickly.
Bill of Materials and Routing
Reduce manufacturing costs while increasing efficiency on the shop floor. Dynamically create a bill of materials and routings based on built-in business logic in the NetSuite CPQ rules engine, delivering BOM and routing instructions specific to the configured product to be produced with the correct materials and the right steps to complete the work order.
Help your salespeople and customers find the right products and services for their needs with guided selling. A series of questions and answers that you configure bring clarity to what the customer needs and results in recommended products and services that may be configurable or standard items.
Generate three-dimensional, browser-based, interactive product visualizations, empowering salespeople and online buyers to see dynamic 3D-rendered images of customized, configured products that they are selling or buying.
Provide a simple, easy way to configure products on your website. NetSuite CPQ is unified natively with NetSuite SuiteCommerce. Integrations are also available with other ecommerce systems, including Magento and Shopify.
Challenges NetSuite CPQ Solves
How Much Does NetSuite CPQ Cost?
Business of every size, from pre-revenue startups to small and mid-size businesses have made the move to NetSuite. Looking for a better way to run your business but wondering about the cost?
Users subscribe to NetSuite for an annual license fee. Your license is made up of three main components: core platform, optional modules and the number of users. There is also a one-time implementation fee for the initial set up. As your business grows, you can easily activate new modules and add users — that’s the beauty of cloud software.
NetSuite CPQ is available as an add-on module.