Which of the following is a consequence of implementing a CPQ system?

Implementing a CPQ (Configure, Price, Quote) system brings significant improvements to the quoting process, particularly by increasing efficiency. A CPQ system automates various aspects of quoting, such as product configuration, pricing calculations, and quote generation. This automation reduces the time sales teams spend on manual tasks and minimizes the opportunity for errors, allowing them to provide quotes to customers more quickly and accurately.

This increased efficiency ultimately leads to improved responsiveness to customer inquiries and a better overall experience for the sales team and customers alike. By streamlining these processes, companies can focus on strategic selling rather than getting bogged down in administrative tasks, resulting in higher productivity and potentially increased sales.

The other options do not align with the benefits typically associated with CPQ implementation. Higher manual error rates in quoting would be contrary to the goal of implementing a CPQ system. Similarly, reducing product offerings and having no change in sales processes are not expected outcomes, as the purpose of a CPQ system is to enhance both product customization options and improve the sales workflow.