This group of software helps make a company’s current product pricing instantly available to its sales representatives working from different locations. Salespeople can also use this software to generate quotes for highly configurable products. CPQ software helps an organization’s sales department to accelerate its sales cycles, identify up-sell opportunities and improve quote accuracy. Key features include the ability to define pricing hierarchies, the ability to make price adjustments on the basis of current offers and discounts and the ability to create proposals and set discount limits.