What Does Configure Price Quote Software (CPQ) Mean?

Configure price quote software (CPQ) is an industry term for products that help companies to adopt more data-aware systems. CPQ solutions can help businesses to keep prices more in line with current market conditions. This software is sometimes written as “configure, price, quote” to illustrate that these software products can help with all three of these core operations for setting and controlling prices.

Techopedia Explains Configure Price Quote Software (CPQ)