What is Meant by PIM CPQ Integration?
The integration of PIM (Product Information Management) and CPQ (Configure, Price, Quote) refers to the connection and data exchange between these two systems to enable a seamless process from product data management to quote generation.
PIM systems are used to manage and maintain product information such as attributes, descriptions, prices, and availability. CPQ systems, on the other hand, automate the configuration, pricing, and quoting process for complex products and services.
By integrating PIM and CPQ, companies can ensure that product information from the PIM system is transferred directly into the CPQ system to create accurate and up-to-date quotes. This enables consistent and precise presentation of product data throughout the entire quoting process and minimizes errors or inconsistencies that can arise from manual data entry.