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  • pratiksha

    Member
    December 30, 2020 at 6:35 am in reply to: What is Salesforce billing?

    Salesforce Billing automates invoicing and allows businesses to accept and allocate payments, all on the Salesforce Platform. Paired with Salesforce CPQ, Salesforce Billing is part of Salesforce’s Quote-to-Cash solution to help businesses automate transactions, including subscriptions and usage-based pricing, as well as, unify sales & finance, resulting in better visibility across the entire customer lifecycle. Billing is a significant part of any business’s growth. It is imperative for an organization to maintain the correct billing standards to surpass the hurdles that often lead to failure. A key to customer satisfaction is invoicing your customers in a way that works best for them. To streamline the process and avoid bottlenecks, you should consider a fully automated billing system that quickly and effortlessly manages all of your critical billing activities.

  • pratiksha

    Member
    December 15, 2020 at 6:51 am in reply to: How CPQ helps in quoting the services to customers in Salesforce?

    CPQ is a cloud-based software that helps companies accurately configure and price goods across a large and constantly changing spectrum of variables.
    Researches reveal that the sales reps only spend 34% of their time selling, and they spend the rest of their 66% time creating quotes, proposals, and getting approvals. As per one of the reports, if you use CPQ, you can boost selling by
    1.Ten times faster quote creation
    2.95% decrease in approval time

    3.Two times quicker moving from quote to cash
    4. 30% speedier ramp for new reps.

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