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FPX CPQ FOR HIGH-TECH MANUFACTURING

At FPX, our enterprise CPQ solution makes it possible for companies to configure, price, quote and deliver these complex products and services across all channels - efficiently and effectively. Learn more by downloading our Industry Vertical Solution guide.

FPX
FPX
H I G H - T E C H M A N U F A C T U R I N G : S O L U T I O N O V E R V I E W For the companies manufacturing and selling high-tech software and hardware solutions, being successful means routinely introducing products and services to a market that has come to expect innovation, creativity and efficiency. At FPX, we are a SaaS provider that understands the challenges facing modern high-tech manufacturers and their partner networks as they attempt to deliver solutions to customers that expect a personalized, seamless buying experience. With our enterprise CPQ application, high-tech enterprises are able to implement and maintain rules, logic and product and pricing data into our solution, thereby allowing sales teams to sell products quickly and easily, extending transparency to partner networks, and even allowing customers to buy directly through ecommerce portals. With the ability to source, manage and distribute this vital data from a single location, companies can now bridge gaps across the enterprise to deliver complex, highly configurable products and services with confidence — regardless of channel. “Having FPX’s solution on the front end is one of the keys to our success.” CIO, GENBAND M A R K E T E V A L U A T I O N : The digital commerce platform market is growing. Gartner** forecasts a compound annual growth rate of 15.3% for the period of 2014 to 2019 in terms of investment made in digital commerce platform technologies, which includes revenue from SaaS, licenses and maintenance in support of digital commerce business models. W H Y C P Q ? According to Forrester***, CPQ solutions have historically been tied to verticals like high- tech and manufacturing, but as ecommerce and sales optimization have become major priorities, CPQ is proving to be more valuable than ever by adding features like ecommerce configuration capabilities, guided buying and selling, and more. *Gartner, Inc. Magic Quadrant for Digital Commerce. 09 March 2016. **Gartner, Inc. The Gartner Digital Commerce Vendor Guide, 2016. 25 May 2016. ***Forrester. The Forrester Wave: Configure-Price-Quote Solutions, Q1 2017. 07 February 2017. S T R A T E G I C D R I V E R S : Gartner* estimates that: • By 2018, more than 50% of commerce sites will integrate technologies from more than 15 vendors to deliver a digital customer experience. • By 2018, 40% of B2B digital commerce sites will use price optimization algorithms and configure/ price/quote tools to dynamically calculate and deliver product pricing. • By 2018, 30% of cross-border purchases made my Asian shoppers will match the delivery experience of online in those shoppers’ home countries. • By 2020, smart personalization engines used to recognize customer intent will enable digital businesses to increase their profits by up to 15%. C A S E S T U D I E S & I N D U S T R Y E X P E R I E N C E : • Hitachi Data Systems • GENBAND • Fujitsu • Splunk • Interactive Intelligence K E Y C U S T O M E R N E E D S : • Provide resellers, dealers and channel partners with the ability to configure complex quotes and orders • Empower resellers and distributors to confidently manage pricing, discounting, bundling and workflow processes • Easily draft, compare and edit proposals, quotes and other transactional documents • Leverage data to identify and recognize customer trends and preferences in products while identifying upsell and cross-sell opportunities • Offer guided buying and selling, upsell and cross-sell and other opportunities to deliver personalized solutions and drive revenue • Introduce data-driven promotions, discounting and sales • Bring purchasing and renewal processes online via self-service portals or platforms S T R A T E G I C P R I O R I T Y : C U S T O M E R V A L U E P R O P O S I T I O N : Increase revenue by allowing direct sales and partner networks to create, customize and quote products with 100% accuracy Automate recurring orders and renewals while incorporating data-driven recommendations for product add-ons, upsells and bundling Reduce costs by limiting errors, reworks and stalled approvals Quickly and easily roll out new products enterprise-wide V A L U E P R O P O S I T I O N T O I S V : Referenceable case studies of running complex Quote-to-Order business processes FPX applications extend and complement existing technology solutions to facilitate faster, data-driven processes FPX allows ISVs to extend their footprint to the entire organization D R I V E R O I : Deliver 100% quoting and order accuracy across the organization Increase average deal size with upsell/cross-sell Drive customer loyalty and retention Increase margin contribution bps by 50-70 points on average
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