Infor Configure Price Quote 2024.04 Release Highlight
In a recent Infor CPQ (Configure, Price, Quote) townhall meeting, several significant enhancements were unveiled to revolutionize the user experience and streamline business processes. Let’s delve into the executive summary of these changes, their potential business impact, and the technical advancements they bring.
Enhancement Executive Summary:
- ERP Pricing for Standard (Non-configurable) Items: This update introduces the ability to leverage CloudSuite Industrial’s (CSI) sophisticated, industry-specific pricing within Enterprise Quoting (EQ). Standard, non-configurable items can now retrieve pricing defined within CSI and update on the quote or order within EQ. This reduces duplication of pricing and data maintenance between the two systems. While also providing the ability to leverage contract specific or customer specific pricing defined within CSI.
Example of Pricing at Contract Level - ERP Order Status: Enterprise Quoting users will now be provided order and line information, read directly from CSI/Syteline. This provides real-time updates to users and allows for increased order status visibility. ERP order information includes order status, pricing details, and shipping information.
Example of Order Status Information - ERP Multi-Site CPQ: EQ can now simultaneously route Quotes and Orders to their associated Site in CSI/Syteline. This allows manufacturers to quote products built at multiple facilities and have the order routed appropriately to the correct site. All while retaining one singular quoting platform for the manufacturer to maintain.
- Actionable Messages: Introducing a new product configuration functionality, actionable messages. Actionable messages provide a comprehensive view of recommended changes, any impacts of those changes, and allows the user to accept or reject the recommended changes. When accepted, the actionable message will automatically update item changes within the current configuration. The end result empowers users to make faster, more informed decisions.
Example of an Actionable Message - 2D Design for CAD: Infor CPQ has long been able to display 2D real-time parametric drawings, but the file types were previously constrained to picture format outputs. With this update, configured product images can now be converted into 2D CAD file formats: .DXF and .DWG. This adds the ability to automate creation of detailed drawing files, which can be imported into CAD tools for further manipulation or utilization with other models. Currently supported integrations with Infor CPQ include: SolidWorks, Autodesk Inventor and PTC Creo. Automation of CAD files allows for accelerated quoting and quicker turnaround time, when a drawing is required as part of the quote to order process.
- 3D Product Visualization: Infor CPQ 3D Visualization takes product presentation to the next level, dynamically changing images based on user selections and enabling interactive experiences. This enhancement delivers many increased capabilities to build onto the already robust toolset that is included with Infor CPQ. Some key enhancements include new API integration, layout containers, product instances, collision detection and “snapping” of images.
Example of 3D Product Configuration
Potential Business Impact:
The unveiled enhancements hold the potential to significantly impact business operations:
- Enhanced Flexibility: With ERP pricing at the contract line level and support for multi-site CPQ, businesses gain flexibility in managing pricing and operations across different levels and locations.
- Improved Efficiency: Streamlined order status tracking and actionable messages translate into improved efficiency and faster decision-making, ultimately enhancing customer satisfaction and retention.
- Competitive Edge: Cutting-edge features like 2D design for CAD and 3D product visualization not only improve internal processes but also provide a competitive edge by enhancing product presentation and user experience.
The CPQ townhall meeting unveiled a series of enhancements aimed to elevate business processes, user experience, and technical capabilities. With these advancements, users are able to unlock new levels of efficiency, flexibility, and competitiveness in their operations.
If you would like to learn more about any of these new enhancements. Contact us today!