Today, at TM Forum Management World, Tribold announced their latest product innovation, Tribold CPQ™, a configure-price-quote services engine that powers the front end of the CSP Quote and Order Capture process.
Tribold CPQ makes the revenue critical Order-to-Install process product-aware by providing the backbone to intelligently guide customers, partners and sales representatives in selecting relevant products in response to their requirements. It empowers the sales team to create and manage customer specific quotations and pricing based on valid offerings sourced real-time.
Catherine Michel, Founder and CTO at Tribold, commented: “The pace of the global communications market is now so fast that CSPs are launching new products and technologies on a daily basis, straining the accuracy and response time to customers. Tribold CPQ is all about getting CSPs to accelerate speed to market for new offerings, improve their conversion rates on offers, and improve their efficiency in the fulfillment of orders.”
Tribold CPQ accelerates and makes resilient the Order-to-Install process by linking the product / offer definition directly to the end-to-end Ordering process in real time. It provides the core product definition, pricing, rules enforcement and product-to-service order decomposition to the Quoting, Order Capture and Order Management functions using its purpose-built CPQ services:
– Product classification & selection
– Product configuration
– Eligibility validation
– Cross-sell / Up-sell
– Quote validation
– Order decomposition