What is Services CPQ?
Configure, Price, Quote (CPQ) applications were initially created for configuring, pricing, and quoting products. Unfortunately, those CPQ tools won’t help you scope and price services. For that, you’ll need a services CPQ solution.
Streamline Presales with CPQ for Services
A services CPQ standardizes the presales process for your engineers so that each project is scoped accurately and priced consistently.
How Does a Services CPQ Work?
Services CPQ software makes the presales process more efficient by offering presales engineers an easily repeatable way to scope and price services. It ensures that everyone is using the same language and pricing and that any deviations are approved before they make it to the client.
The end result is an accurate, automatically generated statement of work.
Price
- Standard pricing rate tables
- Variable pricing based on thresholds[?]
- Pricing adjustments for unique customer opportunities
Why Use a Services CPQ Tool?
CPQ tools have been used for materials pricing for many years, but companies are only beginning to realize how this software can transform the IT services industry.
Since the process of scoping and pricing services is so much more complicated than scoping materials, CPQ software is a must-have for MSPs and VARs. But this is also why it took so long for someone to develop one. Bringing CPQ to service providers was more complex and the end product had to be more flexible to meet the needs of large MSPs and VARs.
Services CPQ Benefits
Here are a few of the benefits of CPQ tools for MSPs and VARs:
Give Your Engineers More Time with Customers
Win More Business
Improve Your Margins
Increase Efficiency
That means users can create SOWs with 100% accuracy and zero risks.
ScopeStack is the Only CPQ for IT Services
ScopeStack includes features built specifically to help IT service providers close more services business at a higher margin with less effort and reduced risk. Our flexible solution enables a quick turnaround of services statements of work while ensuring that accuracy and proper approvals are in place.
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