Xait Blog

XaitCPQ - The Ultimate MedTech Solution

Written by Paul Towne | Jul 27, 2021 10:00:00 PM
Medical Device/Tech companies are part of a rapidly evolving industry that has to deal with the challenges of new regulatory environments, market consolidation, margin compression and a revolving door of new products and features
 
There are some specific issues currently impacting this industry. They include:
 
  • How to manage short product lifecycles
  • How to access historical customer purchasing histories to provide best pricing for customers
  • How to move from manual, spreadsheet-based pricing for quotations and orders
  • How to maximize recurring revenues and service offerings
 
Our new MedTech solution will enable you to:
 
  • Automatically identify add-on products for each device and the associated services that should be bundled together
  • Quickly and easily see your clients' previously quoted product/s
  • Track contract pricing based on a date range, and allowing for overlapping contracts and calculations  
  • Create a proactive service model to increase revenue and fill the gap between the Land and Renewal phases of contracts 
  • Use defined approvals to prevent pricing bottlenecks affecting sales, distributors, and channel partners
  • Quickly and easily update products with new pricing 
  • Use automated pricing to generate quotations faster and deliver a better customer experience
  • Use a new quick start feature which is easier for non-IT users to learn and maintain
 
Talk to us today about how you can improve your sales processes.