Pricefx Quoting
Discover the Pricefx Quoting capability overview and learn how empower sales teams to create profitable, custom quotes in minutes with ai-powered guidance and complete deal transparency.
CUSTOMER STORY
How Bosch cut quote cycle time by 70%
[Name], [Role] at Bosch, on replacing spreadsheets and giving sales the speed customers expect.
Pricefx Quoting is a configure-price-quote (CPQ) solution that enables sales representatives to create custom, profitable quotes quickly and intuitively, with full transparency into deal profitability at every step. It connects to your CRM and ERP, bringing together product catalogs, customer data, pricing rules, and cost information into a single intelligent quoting environment. Sales teams can configure complex products, apply customer-specific agreements, and calculate complete deal pricing - including discounts, rebates, freight charges, and others. Once quotes are configured and calculated, automated approval workflows route them to the right stakeholders based on customizable rules around discount levels, deal size, and margin thresholds. When deals close, quote data flows automatically to ERP systems as price conditions for sales orders creation, ensuring seamless execution.
In this capability overview for Pricefx Quoting, we will discuss:
- the impact of the challenges that Pricefx Quoting solves such as:
- Lost deals due to slow quote turnaround and unresponsive sales processes
- Inconsistent deal profitability as quotes miss critical cost factors like rebates, freight, and payment terms
- Low win rates from quotes that don't reflect optimal pricing or product mix
- the real benefits to Sales; Pricing; Finance teams that companies in manufacturing, distribution gain.
The story
“Bosch's pricing team was managing thousands ofSKUsacross regions in disconnected spreadsheets, withquoteturnaround taking days.”
“The sales team was losing deals to faster competitors,evenwhen Bosch's pricing was more accurate.”
“With Pricefx, Bosch centralised pricing logicandautomated approval workflows, replacing thespreadsheet-and-overrides cycle.”
“Quote cycle time dropped 70%, from days to hours,withfull margin visibility for finance.”
The story
“Bosch's pricing team was managing thousands ofSKUsacross regions in disconnected spreadsheets, withquoteturnaround taking days.”
“The sales team was losing deals to faster competitors,evenwhen Bosch's pricing was more accurate.”
“With Pricefx, Bosch centralised pricing logicandautomated approval workflows, replacing thespreadsheet-and-overrides cycle.”
“Quote cycle time dropped 70%, from days to hours,withfull margin visibility for finance.”
The story
Frequently asked questions
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Who benefits from Pricefx Quoting?
Pricing, sales, finance, and related business teams including Sales; Pricing; Finance benefit from this capability.
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How does Pricefx Quoting help teams?
It helps teams improve pricing decisions, operational consistency, and business outcomes with better visibility and guided execution.
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What do I need to start using Quoting?
You would typically need product and customer master data, current price lists, discount logic, quote workflow rules, and the integrations needed to generate, review, and approve quotes efficiently.
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How long until I see results?
You can typically expect to see results in weeks, not quarters, with opportunities identified in days and measurable value starting early in the engagement.
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