CPQ vs Billing vs RLM
CPQ creates the quote and order. Billing turns the order into invoices and revenue schedules. RLM (Revenue Lifecycle Management) is the new abstraction that lets product, pricing, and lifecycle changes propagate consistently across all of CPQ, Billing, and ERP integrations.
What changed in 2025-26
Salesforce shifted from "Salesforce CPQ + Billing" (legacy stack) toward Revenue Cloud Advanced (RLM-native). New customers should default to Revenue Cloud Advanced; existing CPQ + Billing customers should plan a 12-18 month migration.