FieldFX CPQ is the culmination of numerous years of energy expertise specifically targeted to pricing and contract problems unique to the oilfield and industrial service provider industries.
Houston, TX (PRWEB) November 11, 2014
LiquidFrameworks announced today that it has added FieldFX CPQ to its software suite. The Configure, Price, Quote (CPQ) module enhances the effectiveness and accuracy of the quote-to-cash process. FieldFX CPQ provides contract administrators and salespeople the ability to model contracts with complex rules related to the applicability of certain equipment, tools and supplies based on the operational and environmental characteristics of jobs. As a knowledge management component, FieldFX CPQ stores technical specifications and then uses this data to recommend and price the appropriate tool to use given the unique conditions of the job and working environment – all while running completely disconnected from the internet at a well site, refinery or other remote location. Finally, by automatically adding ancillary contract items and supplies based on operational data provided by the field engineer, FieldFX CPQ can be used to further prevent revenue leakage and decrease the time required to generate quotes and field tickets while increasing accuracy at the same time.
The development team at LiquidFrameworks has leveraged ten years of experience in creating FieldFX CPQ, having built this feature in legacy versions of the product. This experience has led to an effective and robust feature set for FieldFX contract administrators, salespeople and field users.
“FieldFX CPQ is the culmination of numerous years of energy expertise specifically targeted to pricing and contract problems unique to the oilfield and industrial service provider industries. Our customers that implement this module are deploying a powerful tool that increases revenue and accuracy while its end user operation is completely transparent to the field engineer,” said Travis Parigi, COO and Founder of LiquidFrameworks. “With FieldFX CPQ we take the operational information that the field engineer is already providing and use it to make sure the field ticket is as accurate as possible.”
Trent Derr, President and CEO of LiquidFrameworks said, “We are always focused on the user experience and we are constantly looking to enhance the FieldFX product suite. FieldFX CPQ will be a great addition for our users.”
“More intelligent quotes and tickets improve revenue capture and maximize margins,” added Parigi. “The automation of the process increases team effectiveness and reduces sales cycle friction as well as payment cycle friction.”
LiquidFrameworks’ FieldFX solution is a cloud-based, mobile field operations software suite designed to manage contracts, quotes, equipment, jobs and field tickets along with customer-specific electronic forms such as safety incidents, inspections and other operational data reports. FieldFX was designed specifically for field personnel, in order to increase usability and, therefore, increase and accelerate the value of the implementations.
To learn more about how mobile field operations management solutions can add value to your oilfield or industrial/environmental service company visit http://www.liquidframeworks.com.
LiquidFrameworks is a leading provider of cloud-based, mobile field operations management solutions serving the oilfield, industrial and environmental services industries. LiquidFrameworks’ FieldFX solution provides companies with numerous benefits, including increased and accelerated revenue capture, increased cash flow, improved contract compliance, increased invoice accuracy and improved customer responsiveness. LiquidFrameworks is based in Houston, Texas. To join the conversation, follow @LquidFrameworks on Twitter and LinkedIn.