What is it?
Higher conversion for your proposals
Symson’s Price Management Algorithms in combination with your desired CPQ custom/external tool ensures your sales team can quickly and accurately create quotes for complex products and services.
Symson’s Algorithms recommend the optimal price for your case based on a combination of hard and soft data, which can then be used with your desired CPQ tool.
Symson as source for custom or external quote tools
Symson’s flexibility allows it to integrate seamlessly with a variety of custom and external quote tools, enhancing your existing systems and ensuring that you can manage quotes with ease and precision.
You may combine Symson’s cutting edge algorithms with state of the art external quoting tools such as PandaDoc, Bitrix, Epicor, Salesforce, Pimcore, Oracle with the possibility of exploring other quoting tools you prefer.
How it works?
With Symson, you can manage your price lists with precision, setting price corridors (bottom and ceiling prices) to ensure your quotes are both competitive and profitable.
Symson’s powerful algorithms provide smart recommendations, based on hard data which can be complemented with soft data insights from your sales reps. These insights include factors such as your relationship with the decision-making unit, competitive landscape, and your status as a preferred supplier.
Symson's Price lists boosts your CPQ results
Our platform is specifically designed to excel in price list management for diverse customer segments, using the same robust data sources utilized by CPQ (Configure, Price, Quote) systems.
While full CPQ functionality is not a core offering, we collaborate with trusted partners who can implement and integrate customized CPQ solutions, enabling seamless alignment with your broader pricing strategies and customer-specific needs
Configuration Variables
Use Smart Algorithms to Win more Deals
CPQ
Tools and partners for custom CPQ
CPQ systems streamline the entire sales process by enabling businesses to configure complex products, determine optimal pricing, and generate accurate quotes quickly and efficiently. Tools and partners for custom CPQ solutions include Pimcore, Salesforce, Oracle, Conga, CloudSense, and many others, each offering unique capabilities to enhance product configuration, data management, and seamless integration with existing CRM systems.
By combining these tools with Symson’s Pricing Algorithms, businesses can accelerate their quote and order processes, reduce errors, and increase profitability through precise and competitive pricing.
PQ
Proposal Quote Software
Price Quoting software focuses on generating accurate and competitive price quotes, ensuring that businesses can optimise their margins while winning more deals. Symson integrates seamlessly with leading proposal quote software such as PandaDoc, Bitrix24, Keap, Scoro, and Epicor. This integration allows businesses to combine hard data from Symson with dynamic document generation and management capabilities, creating professional and precise quotes that enhance the sales process and improve the approval workflow.
By connecting with PQ software, businesses can streamline their quoting process, reduce time and errors, and ultimately drive higher conversion rates.
Why Adopt Symson (C)PQ into your business
Easier Quoting Process:
CPQ systems simplify the quoting process by automating the configuration, pricing, and quote generation steps. This reduces the time and effort required from your sales team, enabling them to produce accurate and customized quotes quickly and efficiently.
Higher Win Ratio:
By providing sales teams with tools to generate precise and competitive quotes, CPQ systems increase the quote-to-win deal ratio. Accurate quotes that reflect customer needs and market conditions improve the chances of closing deals successfully.
Streamlined Approval Process:
CPQ systems incorporate automated approval workflows, ensuring that quotes are reviewed and approved quickly. This reduces bottlenecks, speeds up the sales cycle, and ensures compliance with pricing and discount policies.
Professional Document Generation:
CPQ systems include advanced document generation capabilities, allowing businesses to produce professional, well-designed quote documents. These documents not only enhance the company’s image but also provide clear and detailed information to customers.
Optimise Prices While Winning Deals:
By providing sales teams with tools to generate precise and competitive quotes, CPQ systems increase the quote-to-win deal ratio. Accurate quotes that reflect customer needs and market conditions improve the chances of closing deals successfully.
Achieve High Margins:
By providing precise pricing recommendations and minimizing discounting errors, CPQ systems help businesses maintain high profit margins on each sale. This leads to improved overall financial performance and business growth.
Data Compliance and Security
To ensure our compliance and security meets the high standards, our product team develops with the highest quality standards that are known today.SYMSON is devoted to keeping our customers' data secure.
GDPR Compliance
Our platform is completely compliant with GDPR regulations when it comes to handling and storage of your customer data and other sensitive information.
Learn MorePrivacy Legislation
Our secure network and infrastructure, includes security measurements at all layers to rule out the risk of losing customer data or other delicate information.
Learn MoreSecurity is a top priority when using LLM-powered tools for pricing optimisation. Our AI systems use strong encryption and strict access controls to protect your business data. We perform regular security checks and follow industry standards to ensure your data stays private and secure. Trust our secure AI solutions to improve your pricing strategies while keeping your information safe.
Take your pricing to the nExt level
Symson’s (C)PQ Solution has a wider potential
By providing more data to your Smart CPQ System, it will become more powerful! Symson CPQ is based upon Microsoft Fabric infrastructure and allows your IT department to add data that can be used for optimal quotes.
Help Sales Reps close deals faster
Clear overview over what’s ordered and sold
Facilitates easy launch of new revenue models
Streamlines the quoting process
Drive revenue growth and customer satisfaction via informed decisions
GAIN MORE
Optimising the results of Smart (C)PQ
Data Quality and Management
Ensure your data is clean, accurate, and up-to-date. Poor data quality can lead to incorrect pricing, configuration errors, and ultimately, lost sales. Regularly audit your data sources and maintain a centralized data management system.
Best of Breed API & (C)PQ
Symson API connected to your (C)PQ software of choice - so you have th ebest of both worlds: PM done by Symson (including algorithms for optimal price) and (C)PQ software which best fits your needs
Machine Learning Algorithms
By analyzing historical data and identifying patterns, these algorithms enable dynamic pricing and personalized configurations, ultimately improving customer satisfaction and sales performance
HAVE A QUESTION?
Frequently Asked
Questions
Got a question? We're here to answer! If you don't see your question here, drop us a line on our Contact Page.
What is Symson CPQ and how does it benefit my business?
Symson CPQ (Configure, Price, Quote) is a comprehensive solution designed to streamline the sales process by enabling efficient product configuration, optimal pricing, and quick quote generation. It benefits your business by reducing errors, speeding up the quoting process, improving quote accuracy, and ensuring competitive pricing. This leads to higher conversion rates, better customer satisfaction, and increased profitability.
How does Symson CPQ integrate with existing CRM and ERP systems?
Symson CPQ seamlessly integrates with leading CRM and ERP systems such as Salesforce, Oracle, and Microsoft Dynamics. This integration allows for real-time data synchronization, ensuring that your sales, inventory, and pricing information are always up-to-date. The integration enhances workflow efficiency, improves data accuracy, and provides a unified view of customer interactions and sales processes.
Can Symson CPQ handle complex product configurations?
Yes, Symson CPQ is designed to manage complex product configurations with ease. It offers advanced configuration capabilities that allow users to define detailed rules and dependencies, ensuring accurate and feasible product configurations. This feature is particularly beneficial for businesses with customizable products, as it simplifies the process of creating tailored quotes that meet specific customer requirements.
How does Symson CPQ optimize pricing?
Symson CPQ optimizes pricing by leveraging both hard data from historical sales and market conditions, as well as soft data from sales reps, such as competitive landscape and customer preferences. The system uses sophisticated algorithms to recommend optimal pricing that maximizes margins while remaining competitive. This approach ensures that your quotes are strategically priced to win deals and enhance profitability.
What features does Symson CPQ offer for quote document generation?
Symson CPQ includes advanced document generation features that allow users to create professional, well-designed quote documents. These documents can be customized to include detailed product information, pricing breakdowns, terms and conditions, and branding elements. The system ensures that all generated documents are consistent, error-free, and visually appealing, enhancing your company's professional image.
How does Symson CPQ improve the quote approval process?
Symson CPQ improves the quote approval process by automating workflow approvals based on predefined criteria. The system routes quotes to the appropriate stakeholders for review and approval, reducing manual intervention and speeding up the process. This automation ensures compliance with pricing and discount policies, minimizes delays, and enhances overall efficiency, allowing your sales team to focus on closing deals.