Changing the CPQ landscape

Hyvan Technologies
Jul 10, 2017 · 2 min read

Most Sales guys know about CPQ (Configure Pricing Quote) applications as provided by some commercial vendors. Current CPQ applications are useful for standardized and off-the-shelf products, and these can be found within a large variety of industries. Whether it’s fasteners, chairs or CNC machines, it doesn’t really matter, as long as these products are standardized and readily available.

But these products only cover a small percentage of what the Manufacturing industry is really offering. Actually, most product offerings from the Manufacturing industry are not standardized and definitely not off-the-shelf. Think about the Automotive industry and all the parts that go into a vehicle, which of these are really standardized? Just think about the engine, here we have parts like camshaft, piston, variable valve train, chain or belt, just to name a few. Which one of these are really standardized? The answer is very simple: none, because they all have to be engineered and manufactured according to the OEMs’ (Original Equipment Manufacturer, e.g. Volkswagen, Toyota, GM) specific requirements.

Now, what CPQ tool should the Sales guys selling these products use? Until now, they used nothing. And here is where Hyvan Technologies comes in.

Hyvan Technologies addresses this problem. Our CPQ solutions focus on engineered and highly non-standardized parts such as those mentioned above. We provide solutions to Sales department of companies that deal with highly engineered parts by providing easy to use and very functional applications beyond what current CPQ tools can offer. Our solutions offer full bottom-up customization and different variables for product configuration. It incorporates different inputs, such as financial targets, for pricing. And additional analytics modules allow quick quoting.

For more Information, please contact: info@hyvantech.com

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