Just click, quote, and close with PandaDoc

CPQ is an acronym that stands for Configure, Price, Quote. This type of sales software is used by sales reps for accurately quoting on complex, configurable products and services. The most advanced CPQ platforms are based on powerful engines with flexible rules, dependencies, constraints, dynamic fields and other features that facilitate the process of generating price quotes for products with hundreds or even thousands of linked options, variations, and extras.

The key benefit of using CPQ solutions is the speed and accuracy of configuring complex products with multiple options. Without CPQ applications, the sales rep would have to work with multiple inventories, check each item for compatibility with the one that has already been added to the quote, calculate prices using complex formulas, and re-check the configuration after every modification.
PandaDoc comes with a CPQ package that enables your sales team to preconfigure product/service options, embed dynamic pricing tables into commercial proposals sent to clients, and track clients’ engagement with the proposal.

PandaDoc offers a CPQ system with over 1000 pre-designed templates which are automatically populated with data directly from your CRM. These templates enable your sales team to create customized, visually appealing proposal documents in a fraction of the time it would take to build them manually. Moreover, the ability to collaborate seamlessly across internal and external teams directly within the documents eliminates delays and confusion caused by back-and-forth questioning, saving you valuable time. With PandaDoc’s CPQ system, manual and time-consuming tasks like data entry, feedback tracking, and document building are streamlined, freeing up your time to focus on growing your business.

CPQ, which stands for “configure, price, quote” can complement any CRM solution when the two are integrated. For example, if you use Salesforce, CPQ software from PandaDoc can use the information in your CRM system to automatically fetch data, products, and services and inject them into documents, saving you a considerable amount of time and effort.

PandaDoc is not a CPQ company in the full sense of the word, but a leading document management platform with CPQ functionality that offers several outstanding features that set it apart from other CPQ software solutions and free CPQ software. The interactive pricing table is particularly convenient and user-friendly, allowing customers to finalize product configuration on their own prior to signing the proposal electronically and paying for the order.
PandaDoc works great as CPQ software for manufacturing companies of a relatively small size with bundled products and multiple unlinked product options.

CPQ software from PandaDoc comes with an analytics module that is both user-friendly and straightforward. This module enables you to gain valuable insights into which documents are successfully closing deals and capturing the attention of prospects, and which ones are not. With this overview, you can quickly identify the areas where your documents could benefit from improvement. Additionally, real-time notifications are provided when recipients open, view, or comment on your documents, enabling your team to respond promptly and take appropriate action.

At PandaDoc, we prioritize the security and privacy of our customers’ data. To ensure that your confidential information is always safeguarded, we have obtained SOC II Type II certification and comply with various regulations, such as ESIGN, UETA, GDPR, FERPA, and HIPAA. Moreover, we entrust our data centers to Amazon AWS, a leading provider of cloud services, giving you peace of mind that your sensitive data is secure and protected at all times.

PandaDoc offers its CPQ software worldwide, and our team is also dispersed across various countries, ensuring that we are always available to assist you regardless of your location. If you have any doubts regarding our availability in your country, please feel free to reach out to our sales representatives for further information.