Recap of the new features in Hive CPQ in 2023
As we step into 2024, we’re excited to share the top new features we added to Hive CPQ in the past year. This year our focus has been on enhancing your configuration and quoting journey with updates to our Hive Design Studio, UX/UI improvements, and specific customer developments. Let’s dive right in: Here are the top features on Hive CPQ in 2023!
Elevate your CPQ project with seamless integrations
Integrations play a crucial role in ensuring the success of Configure, Price, Quote (CPQ) projects. Connecting your CPQ software to other IT systems facilitates seamless communication and data flow, optimizing data accuracy and establishing a higher adoption rate by your team. But what exactly do these integrations entail? Which systems should you connect to your CPQ, and which data should they be exchanging? Let’s take a look.
Hive CPQ guide to leaving your review on G2
What do you think of Hive CPQ? We are looking for authentic user feedback on our product and services. That’s why we’re partnering with G2, an independent software review website, to gather feedback. We’re interested to hear what you think, so we can learn from your experiences. Follow our step-by-step guide on how to leave a review on G2!
Buy vs. Build CPQ software
Companies we talk to are often challenged to decide whether to buy a Configure, Price, Quote (CPQ) software or to build one themselves. Both approaches have their advantages and disadvantages. Today, we are making a comprehensive comparison of the two. We believe it is more beneficial for companies to buy CPQ software. Find out why below.
How to meet customer needs with CPQ
In the ever-changing world of business, customer-centricity reigns supreme. Providing tailored solutions to meet individual customer needs has become a driving force for success. Enter Configure, Price, Quote (CPQ) software, an indispensable tool for businesses to effectively market their products. This month’s blog post explores the capabilities of CPQ, demonstrating how it helps companies meet, anticipate, and fulfill the ever-changing customer needs.
Configure-To-Order (CTO) Manufacturing: Empowering Customization
In today's fast-paced and ever-evolving manufacturing industry, businesses are constantly seeking ways to streamline their processes and deliver innovative products to meet the demands of their customers. One such method that has gained significant popularity is Configure-To-Order (CTO) manufacturing. In this article, we will explore what CTO products are, the benefits they provide, and the key differences between CTO and Engineer to Order (ETO) products.
Navigating CPQ Project Costs: An Overview for Manufacturers
In today’s highly competitive and fast-paced world, manufacturers all over the globe have turned towards a CPQ or Configure Price Quote strategy. It enables companies to configure products, optimize pricing calculations, and accelerate quoting, all in a user-friendly online environment. While CPQ software helps companies grow, it also comes with a price tag that demands careful consideration. In this article, we are dissecting the various costs associated with CPQ projects. By understanding these costs, you’ll be able to make a more informed decision about leveraging CPQ to help your business grow.
A comprehensive comparison: Online vs. offline product configurators
More than ever, manufacturers are relying on product configurators to customize their complex product offerings. However, the choice between an online and an offline product configurator can significantly impact the operations. Whether for habitual or company-specific reasons, the debate between online and offline software continues to be a hot topic. Let’s take a look at what the differences are and how to make an informed choice for your business case.
Economic Uncertainty? The Value of Investing in CPQ During Times of Crisis
In times of economic uncertainty, manufacturing enterprises are often challenged with reluctance to making business investments. Economic crises tend to trigger cost-cutting measures and cautious spending. However, Configure Price Quote (CPQ) solutions can be considered as an exception, since it forms an essential tool to support sales and provide potential benefits. Let’s take a look at why investing in CPQ in times of crisis is so crucial.
How to make a business case for CPQ
In 2016, I founded Hive CPQ to help ambitious manufacturers accelerate their sales. One of the main reasons I wanted to create Configure Price Quote software is because CPQ is the kind of software that has a great impact on a company. If implemented correctly, it becomes a key strategy and efficiency ingredient. Today I’m sharing my insights on how to make a business case for CPQ. Let’s dive right in!
CPQ implementation made easy: Meet our expert Hive CPQ team
CPQ or Configure Price Quote simplifies quoting for manufacturers of complex products. It is a powerful sales tool, but it only reaches it full potential when it’s implemented correctly. CPQ implementation is often really challenging. We have a team of CPQ specialists ready to help you every step of the way.
Demonstrate the feasibility of CPQ with a Proof Of Concept
Since the beginning of Hive, we have started nearly all our Configure Price Quote projects with a Proof of Concept, which we have called a Seeing Is Believing or SIB. What exactly does our Seeing Is Believing entail? What are the advantages of this approach and which results can you expect on which time frame?