Integrating CLM with CPQ can help businesses with a high volume of deals and complex contract terms manage their contracts more efficiently.
Improved accuracy in quoting: Integration with CLM can help the CPQ process when contract terms are required to produce an accurate price quote.
Accelerated deal cycles: Missing CLM data can extend the sales cycle and, in the worst-case scenario, cause strain on the supplier-customer relationship.
Reduction in inefficiency in quoting: CLM software can help automate the contract management process, reducing the time and effort required to manage contracts.
Improved profitability in quoting: CLM software can help businesses identify and mitigate risks associated with contracts, leading to improved profitability.
Microsoft Power BI charts and dashboards give you greater visibility into contract costs and revenues, suppliers and customers, actuals compared to budgets, costs associated with project/jobs along with cashflow forecasting, payment due dates, expiry dates, supplier/vendor spending patterns, potential savings and discounts. You can also see when contracts are due for renewal, view ageing reports, and get the insights you need to make better business decisions.
Do more with less by streamlining repetitive tasks and business processes – increasing efficiency and reducing costs – with Microsoft Power Automate.
Combining Contract Lifecycle Management (CLM) software with Configure Price Quote (CPQ) for Microsoft Dynamics 365 integrates with any ERP or accounting system and connects with solutions from other software from procurement to payment. You can also tailor CLM and CPQ for Microsoft Dynamics 365 to handle your own unique contract and CPQ workflows and policies.
Accelerate workflows many times and liberate your team’s potential to focus on work that truly matters.
The best automation solutions same time and money while giving back control. This modern CLM and CPQ solution, powered by Microsoft Dynamics 365, brings Contract Administration and Configure-Price-Quote together in one place. This visibility lets managers drive smarter decision making while their companies:
Users can easily create new contracts within the software, specifying details such as contract type, duration and associated products/services. Contracts can be created independently or following the Opportunity to Quote process to generate a Contract when won.
A comprehensive product Catalogue can be created in Dynamics 365 with multiple price lists and discount lists.
The software automates the renewal process, sending alerts to sales representatives well in advance of contract expiration. Renewal options and pricing adjustments can be easily managed and implemented.
Users can request and process quantity adjustments for products and services as needed, ensuring flexibility in contract management.
Sales teams can generate quotes and proposals directly within the software, pulling in contract details and pricing information for accuracy. Quotes can be customized and sent to customers for approval.
Accepted quotes can be converted into sales orders, streamlining the transition from negotiation to fulfillment.
Automated reminders can be sent to both customers and internal stakeholders for key contract events, such as renewals and quantity adjustments.
Store and manage all contract-related documents securely for easy access and reference.
Gain insights into contract performance, renewal rates, revenue forecasts, and other key metrics through built-in reporting and dashboards.
Seamlessly integrate with Dynamics 365 Customer Engagement apps, CRM for a 360-degree view of customer interactions and relationships.
Ensure compliance with regulatory requirements by enforcing standard contract terms and approval workflows. Contract lifecycle management; CPQ contract software
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