Salesforce Certified CPQ Specialist Practice

1 / 400

Why are Approval Processes critical in CPQ?

They allow free modifications to quotes

They ensure correct pricing and discounting practices are followed before final quotes

Approval Processes are essential in Configure, Price, Quote (CPQ) because they provide a structured way to ensure that the pricing and discounting practices comply with the organization's guidelines before any quote is finalized. This helps prevent revenue loss or margin erosion by ensuring that all offers have been vetted and approved by the appropriate stakeholders.

By requiring approvals for certain pricing conditions or discount levels, organizations can maintain control over their pricing strategy and ensure that all quotes adhere to the established rules and policies. This process not only helps safeguard the organization’s profitability but also promotes consistency in how deals are presented to customers. Therefore, the focus of approval processes in CPQ is primarily on maintaining pricing integrity and compliance, which is crucial for sustaining business success and customer trust.

Get further explanation with Examzify DeepDiveBeta

They track customer feedback on proposals

They automate billing processes

Next Question
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy