Salesforce CPQ and Billing
After an order is placed under Salesforce CPQ, billing picks up the order and generates a record for an invoice, payment, and revenue. Salesforce Billing requires integration with Salesforce CPQ. The term CPQ stands for Configure, Price, and Quote. The CPQ is a sales tool for businesses to generate quotes for orders quickly with accuracy. It helps sales reps sell the right product combinations, controls discounting, and automates approvals.