PRNewswire 9-Nov-2018 8:00 AM
SAN FRANCISCO, Nov. 9, 2018 /PRNewswire/ -- Salesforce (NYSE:CRM), the global leader in CRM, today announced that Gartner, Inc. has positioned Salesforce as a Leader in its November 2018 Magic Quadrant for Configure, Price and Quote Application Suites for Salesforce CPQ.
With automated quoting, pricing, contracting and billing processes, Salesforce CPQ empowers companies to accelerate sales growth.
"Delivering a fast, automated and integrated CPQ process is crucial to providing customers with a seamless buying experience," said Pascal Yammine, SVP & GM, Salesforce CPQ & Billing. "Powered by Lightning, Salesforce CPQ enables teams to quickly generate quotes, proposals and orders—streamlining the sales cycle and building deeper customer relationships."
According to Gartner, "configure, price and quote (CPQ) application suites enable sales organizations to automate and optimize the creation of quotes and orders for complex, configurable products or services. CPQ application suites exist within a larger ecosystem enabling the quote-to-cash business process. Leading CPQ solutions support the configuration of products, creation of quotes and capturing of orders across multiple channels of customer interaction. Those channels include direct sales, the contact center, points of sale, resellers and customer self-service."
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Gartner, Magic Quadrant for Configure, Price, and Quote Application Suites. Christina Klock, Mark Lewis, Melissa Hilbert, 5 November 2018.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Any unreleased services or features referenced in this or other press releases or public statements are not currently available and may not be delivered on time or at all. Customers who purchase Salesforce applications should make their purchase decisions based upon features that are currently available. Salesforce has headquarters in San Francisco, with offices in Europe and Asia, and trades on the New York Stock Exchange under the ticker symbol "CRM." For more information please visit http://www.salesforce.com, or call 1-800-NO-SOFTWARE.
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