Epicor acquires technology leader in CPQ market, helps customers sell smarter

KUALA LUMPUR, May 28 -- Epicor, a global leader of industry-specific enterprise software has acquired Configure Price Quote (CPQ) and visualisation software provider, KBMax.

Based on a statement, the transaction closed on May 27. Financial terms of the agreement were not disclosed.

KBMax software solutions will be marketed under the Epicor brand as a stand-alone module within the company’s productivity suite, aligning seamlessly with Epicor’s deep expertise in the global manufacturing engineer-to-order space. The ability to offer customers a highly customisable, industry specific one-stop solution that connects the front and back of the house supports Epicor’s mission to differentiate itself from the fleet of one-size-fits all off-the-shelf ERP solutions.

The integration of KBMax with Epicor’s ERP solutions will provide customers with a seamless connection between sales and operation data, improving demand planning and production.

It also provides a single source of truth for the most complex engineer-to-order projects delivering faster and more accurate sales quotes, fewer order mistakes and improved sales rep productivity.

KBMax has transformed the buying experience for over 20,000 users and its CPQ software has delivered customers measurable improvements, on average a 168 per cent increase in annual sales revenues, 38 per cent faster sales cycle and a 35 per cent increase in productivity.

-- BERNAMA