Related Products Recommender for CPQ

Summary

Related Products Recommender for CPQ

AI & Data Driven Product Recommendation

Developer:Infor

Overview

Empower users with data driven insights in Configure Price Quote (CPQ)

Empower users with data driven insights in Configure Price Quote (CPQ)

Infor AI Libraries are a standard way to start and accelerate your digital transformation and create competitive advantage in your market by leveraging the power and insights of data. Business users can make better and informed decisions using Customer Intelligence AI/ML suites by instantly suggesting the right set of related products to include in the quote.

Using information about historical purchases in ML model will promote associated products and generate additional revenue by selling related products as well as reduce employee training time on product assortments. In addition, the solution will increase customer satisfaction.

Solutions are part of AI subscription that will provide pre-built models for rapid implementation and ongoing business value driven management to ensure adoption.

Features and Benefits

Increase in Basket Size and Revenue

Improved Customer Buying Experience and Customer Satisfaction

Personalize Recommended Items based on Customer Preferences

30% or More Reduction in Sales Processing Time and Reduced Employee Training Time

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