CPQ - Quoting Optimzation
Lexipol was established in 2003 by attorneys Gordon Graham and Bruce Praet, both of whom have backgrounds in law enforcement and significant expertise in risk management. They recognized that numerous law enforcement agencies were lacking effective, legally sound policies. The Challenge Lexipol faced involved transitioning from a manual quoting method to a more standardized approach. The existing quoting process had limitations in functionality, pricing consistency, discount visibility, and opportunity tracking. The absence of a unified system was hindering the company’s capacity to maintain a consistent model throughout the organization. The Solution To address this, a customized quote system was implemented that automated the entire subscription sales workflow, from creating product subscription packages to pricing, approvals, and renewals. The finalized quote was then integrated with billing and accounting systems to automatically produce an invoice. The Result As a result, Lexipol is now fully optimized with Salesforce CPQ. The upgraded system has improved the efficiency and accuracy of quotes, increased user adoption, and enhanced quote generation. This new process has also led to significant time and cost savings, maximizing revenue and profit margins, ultimately benefiting shareholder value.