CPQ or Automated Quotation Software is a sales tool designed to help companies create accurate quotes for all complex to simple products based on centralized business rules. Quotes are always ready to be created in real time. Many people believe that CPQ is software only for large corporations, but even for small and medium-sized companies, with simple processes, CPQ brings many benefits.
From a software that only serves large businesses, after 2 years, StealBrick was born to affirm the ability of the CPQ support even for small and medium enterprises. It is worth noting that the current CPQ software brings great advantages to customers: The price is affordable and the operation process is not complicated. Leo Choi, director of B2B startup technology company ToutApp, said: “We found that the price of previous CPQ versions was 6 times more expensive than StealBrick, even 7 times. However, this current solution is affordable and we can use it.”
Most companies, regardless of the segment, managers are eager to look to CPQ after unfortunate mistakes. Many businesses have lost an agreement opportunity due to false or delayed quotes. Some other businesses leave a revenue on the spot because they miss the opportunity to raise prices, put too many discount policies or even sell goods with overdue prices. With ToutApp, they also lost a few big orders due to the slow process. They say the quote period is usually a period of time when no income is earned.
Therefore, StealBrick is the best choice for ToutApp as well as other businesses at the moment. They quickly realized that all that StealBrick CPQ could do was to minimize the “pain” in their operations as well as financially. After only two weeks of testing and using the software, ToutApp has found a way to standardize and improve the quotation process. They also recognize a few other benefits such as: it allows them to take advantage of the old Saleforce dashboard, workflows and reports, show more opportunities as well as automated approval process.
The biggest benefit is that the time for quotes is greatly reduced from 24 or 48 hours to only 90 seconds. With so many processes, especially the sales stage, getting your team up and running quickly is often the hardest part. StealBrick allows automatic replies – it provides immediate answers after receiving customer questions or inquiries; This shows the speed and efficiency of the control system, helping to reduce the burden on the staff.
After two years, ToutApp has shown strong growth and continues to look for other potential customers to come to StealBrick to grow together. StealBrick marked the turning point in the industry with the segment of small and medium enterprises.
Productivity and Quality Office