Entering the global market is not only a goal but a necessity for many manufacturers to remain competitive. One of the greatest hurdles that comes with international expansion is updating your price books to fit new currencies, then using these price books to create quotes.
This is what makes having access to advanced multi-currency pricing so valuable to your team. Digital price books increase customer satisfaction while reducing overhead by automatically converting and adjusting to fit your market, structure, or products.
Follow along as we cover the basics of advanced multi-currency pricing and highlight key benefits for your business.
With advanced multi-currency pricing, your team has an automated tool that helps them adjust the currency, bill of materials (BOM), and pricing structure of your quotes. This feature reduces the time required for your team to make accurate quotes for customers in global markets.
While configure, price, quote (CPQ) solutions already provide some assistance in this, the addition of advanced multi-currency pricing makes it even easier.
As your business continues to grow and expand into new markets, adapting to these changes becomes increasingly vital. By using advanced multi-currency pricing with Configure One Cloud, your team can pivot accordingly to match your customers’ needs.
These new features offer your team the flexibility to succeed in a global marketplace and meet your customers’ expectations. Some of the key benefits this update offers include:
Taking advantage of the latest technology reduces the burden on your team to produce quotes while adjusting to new conditions. This allows them to focus on creating the most accurate quotes possible and providing your customers with an exceptional experience, rather than getting lost in the paperwork.
Whether you currently use Configure One Cloud or are new to the world of CPQ, the addition of advanced multi-currency pricing will empower your team to expand and fulfill orders across the globe.