HFS Hot Vendor: Workrails

Workrails profile

  • Lead Author: Saurabh Gupta
  • Product/Service/Hybrid: Product
  • Primary Emerging Tech: OneOffice Apps
  • Secondary Emerging Tech: Cloud
  • Functional Focus Business: Sourcing & Procurement
  • Functional Focus IT: SaaS Services
  • Industry: Not applicable
  • Next Gen Delivery Models: As-a-service
  • HQ Based: NA
  • Published: 2020 Q4
Workrails

Configure price quote (CPQ) is an extension of most CRM platforms, like Salesforce, that makes the sales process efficient and effective. CPQ solutions transform work for sales representatives, who are stuck with reams of spreadsheets, presentations, and emails when developing proposals, generating pricing, offering discounts, and going through client approval cycles. However, almost all CPQ solutions focus on “product sales” and not “service sales.” Product CPQ is relatively straightforward (typically quantity, time, and price), but services are different as there are significantly more variables involved in designing the services and pricing them, which is where WorkRails stands out.

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