Envision a sales process where your channel partners are equipped with the right tools to create quotes quickly, with accurate pricing and bundled offerings, to close deals faster. Visualize a realm where conducting business with your channel partners is effortless and without hindrances!
The Yagna Channel CPQ is a Configure, Price, and Quote platform that caters to multi-tiered channels. It enables your sales team and channel partners to configure complex products or services, determine the appropriate pricing, and generate accurate quotes and proposals in real-time. It also digitizes the sales process, automating the creation and delivering actionable quotes to reseller partners, who can then offer them to their end customers.
Challenge
The channel sales processes require partners to have extensive access to exact product and pricing information to navigate complex sales processes.
However, Vendor CPQ (Configure, Price, Quote) systems are often not extended to the channel meaningfully. This limitation of Vendor CPQ systems stems from the fact that the CPQ systems are often built on top of CRM (Customer Relationship Management) systems.
However, these CRM (and hence the CPQ) systems only scale within a single organization and are not easily extendable to other channel organizations due to architectural and cost limitations.
These challenges make channel partners refrain from using the vendor CPQ. Instead, they rely on manual processes like spreadsheets and emails to manage their sales cycles leading to errors and a lack of visibility into the sales pipeline.
Yagna Solution
Yagna Channel CPQ enables you to extend your existing CPQ to the channel. Yagna adapts to all quotes through a multi-tiered channel ecosystem by connecting to your existing CPQ APIs, Punch-out configurator or ingesting the Quotes data feed via CSV or email. The existing CPQ can be from Yagna or any other major CPQ vendor, thus protecting your investments in existing CPQ.
In addition, it enables your channel partners to create, automate and optimize real-time quotes for subscription or one-time line items along its support services. It also supports multi-region and multi-currency price lists, multi-tiered discounts, proposals and excel exports, place orders, renewals, upsell/cross-sell and collect payments functionalities while eliminating manual errors and delays.
With streamlined sales processes and accurate pricing, channel partners can now focus on selling more effectively, leading to higher revenues and customer satisfaction.
Features
- Intelligent Product Store
- Complex Product Configuration
- Filter and Faceted Search
- Product Comparison
- Multi Region, Multi-currency Pricelist
- Live Currency Conversion with lift
- Volume-based Pricing
- Attribute-based Pricing
- Contracted Pricing
- Subscription and Bundle Pricing
- Goal Seek Pricing
- Discounts and Promotion
- Discount Stacking
- Discount Authority
- Quote Item Tagging
- Taxation Support
- Guided Selling
- Quote Versioning
- Order and Payments
- Sales Hierarchy
- Support for local languages
- Inbuilt support for Channel Renewals
- Automatic updates to CRM systems
- Integration with ERP systems
- Upsell the Services and Subscription
- Cross-sell Products
- Email Tracking and Analytics
- One-click Partner Onboarding
- CPQ on Portal, Mobile and Email
- Dashboards for 360-degree business view
Benefits
- Increased efficiency and enhanced accuracy with optimization and automation of the quote process
- Improved partner and customer experience with a better buying experience and increased customer satisfaction
- Increased revenue with personalized offers and upsell/cross-sell recommendations
- Greater real-time sales visibility and better decision-making with digitization
- Improved collaboration across teams with the most up-to-date product and pricing information
- Reduced costs with the automation of manual processes, errors reduction, and minimum need for rework
- Faster time-to-market with the automation of the configuration and pricing process
- Regulatory compliance with the application of pricing rules and discounts, reducing the risk of non-compliance
Whether you’re interested in our products or services, have feedback, or just want to say hello, please don’t hesitate to send us a message. Our team of experts is ready to help you with anything you need.