The new solution brings efficiency to the sales quote process
and increases buyer satisfaction with a better purchase
experience
LAS
VEGAS, Sept. 28, 2022 /PRNewswire/ -- SUITEWORLD
2022 -- To help organizations grow sales and deliver a seamless
buying experience for customers, Oracle NetSuite today announced
NetSuite CPQ. NetSuite CPQ helps organizations enable sales teams
to quickly configure, price, and quote (CPQ) complex products with
complete accuracy and reliability, directly in NetSuite.
"Empowering sales organizations with the right tools is
essential to closing deals faster and meeting ever-increasing
customer expectations," said Evan
Goldberg, founder and EVP, Oracle NetSuite. "We have been
helping our customers with this for many years with a business
system that fuels growth, and NetSuite CPQ is the latest step.
NetSuite CPQ will help our customers quickly configure their
product offerings and generate accurate proposals so that they can
streamline revenue processes and improve overall business
outcomes."
NetSuite CPQ enables sales teams to be more efficient and save
costs in the pricing process. The solution allows them to select
product features and apply customizable business rules to ensure
that every configuration is correct, eliminating the need to double
check and rework orders.
NetSuite CPQ is the only native configure, price, quote solution
built on the NetSuite platform. It 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. Once an item is
configured, the bill of materials (BOM) is automatically created
and can then be used with NetSuite Manufacturing modules such as
WIPs and Routing, Work Order Assemblies, and Advanced Manufacturing
to further boost operational efficiency.
"Granite Partners is a private investment and holding company
with 10 businesses across different industries. We develop, source,
market, and service many products and services which means we need
a sales and engineering process that is flexible, robust, and
automated," said Rick Bauerly,
founder and CEO, Granite Partners. "With NetSuite CPQ, we see how
our community of companies can better serve customers while also
providing a great experience for team members. It allows us to
connect our front-end processes to product manufacturing and
service fulfillment all the way through to the back end.
Ultimately, it increases velocity, profitability, and value
creation for all stakeholders."
NetSuite CPQ offers organizations the following
capabilities:
- Configurator: Save time spent on reworking orders by
applying customizable rules that ensure every configuration, across
product and service features, is correct.
- Guided Selling: Find the exact products and services
needed from thousands of SKUs by providing an ecommerce-like
catalog experience and powerful filtering tools.
- Proposal Generator: Create accurate and branded
proposals for customers approval by equipping sales teams with
fully-customizable templates.
- Ecommerce Integration: Simplify product configurations
and access pricing, products, and quotes in NetSuite SuiteCommerce
and other ecommerce solutions.
- Bill of Materials and Routing: Reduce manufacturing
costs and increase efficiency on the shop floor by dynamically
creating and delivering a BOM based on routing instructions created
from the NetSuite CPQ rules engine.
Availability:
NetSuite CPQ is now available in North
America as an add-on solution.
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more about how organizations are leveraging the power of NetSuite
to increase efficiency, improve productivity, and grow
profitability.
Contact Info
Amanda Parmer
Oracle
amanda.parmer@oracle.com
+1.775-224-6280
Oracle NetSuite
For more than 20 years, Oracle NetSuite has helped organizations
grow, scale and adapt to change. NetSuite provides an integrated
system that includes financials / Enterprise Resource Planning
(ERP), inventory management, HR, professional services automation,
and omnichannel commerce, used by more than 32,000 customers in 217
countries and dependent territories.
Learn more at https://www.netsuite.com. Like us on Facebook, and
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Corporation.
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SOURCE Oracle NetSuite