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Revenue Cloud: The Next Generation of CPQ

By Chris Valiquet
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Revenue Cloud is Salesforce CPQ reimagined. It takes CPQ to the next level with expanded functionality and is built as a comprehensive suite on the native Einstein 1 platform. It allows for complete revenue lifecycle management, from defining and configuring products to pricing models, quoting, contracting, fulfillment, and billing. It is designed with scalability in mind making it easier to manage product catalog expansion.

While CPQ remains an important tool for organizations with simpler requirements, Revenue Cloud provides a complete solution for end-to-end revenue management, on the most cutting-edge platform available.

Top-level features of Revenue Cloud:

  • Product Catalog Management
    • Use Product Catalog Management to define your entire product catalog using a scalable model. It goes beyond CPQ with its ability to control product structure.
  • Salesforce Pricing
    • An intuitive interface for defining standard pricing structures and exceptions.  Exceptions include discounting for customers and partners and customer-specific contracted pricing.
  • Rate Management
    • A solution for the CPQ consumption model that offers greater flexibility for volume-based pricing.  It includes rating procedures to precisely define pricing calculations.
  • Product Configurator
    • The Configurator takes CPQ Product Rules to the next level.  It offers greater flexibility to define logic which makes quote configuration easier than ever.
  • Transaction Management
    • Encompassing quoting, generating orders, and managing contracts and renewals, transaction management provides a unified platform for customer order lifecycle, and insights into customer trends, and seamlessly integrates with Support entitlement resources.
  • Dynamic Revenue Orchestrator
    • DRO offers order fulfillment functionality only available with custom development using CPQ.  Decompose orders at the order line level to fulfill through different channels according to customer needs.
  • Billing
    • Billing provides complete flexibility for invoicing including managing recurring billing models, tax and currency management, and credit memos.

Interested in taking your revenue lifecycle to the next level with Revenue Cloud? Contact StarrData today and learn more.

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