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Corcentric Source-to-Pay Platform vs. IBM Sterling Configure, Price, Quote

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Corcentric Source-to-Pay Platform

    Score6 out of 10
    N/AThe Corcentric Source-to-Pay Platform, including technology from the former Determine Selectica CPQ solution acquired by Corcentric in April 2019, is designed to provide a customizable CPQ solution to cover an enterprise's need to offer many possible permutations of combinations of product and service in a streamlined fashion.N/A

    IBM Sterling Configure, Price, Quote

    Score8 out of 10
    N/AIBM Sterling CPQ transforms and automates configuration, pricing and quoting of complex products and services.N/A
    Pricing
    Corcentric Source-to-Pay PlatformIBM Sterling Configure, Price, Quote
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    Corcentric Source-to-Pay PlatformIBM Sterling Configure, Price, Quote
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    Corcentric Source-to-Pay PlatformIBM Sterling Configure, Price, Quote
    Considered Both Products
    Corcentric
    No answer on this topic
    IBM
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    100%
    Would buy again
    9 Answers
    Delivers good value for the price
    No answers on this topic
    100%
    Delivers good value for the price
    9 Answers
    Happy with the feature set
    No answers on this topic
    100%
    Happy with the feature set
    9 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    100%
    Lived up to sales and marketing promises
    8 Answers
    Implementation went as expected
    No answers on this topic
    100%
    Implementation went as expected
    9 Answers
    Features
    Corcentric Source-to-Pay PlatformIBM Sterling Configure, Price, Quote
    CPQ
    Comparison of CPQ features of Corcentric Source-to-Pay Platform and IBM Sterling Configure, Price, Quote
    Feature
    Corcentric Source-to-Pay Platform
    -
    Ratings
    IBM Sterling Configure, Price, Quote
    10.0
    9 Ratings
    13% above category average
    Quote sharing/sending00 Ratings10.09 Ratings
    Product configuration00 Ratings10.09 Ratings
    Configuration options00 Ratings10.09 Ratings
    Pricing rules00 Ratings10.09 Ratings
    Price adjustment00 Ratings10.09 Ratings
    Purchase history and open contracts00 Ratings10.09 Ratings
    Guided selling/Sales portal00 Ratings10.09 Ratings
    CPQ reporting & analytics00 Ratings10.09 Ratings
    CPQ-CRM integration00 Ratings10.09 Ratings
    Attachments to quotes00 Ratings10.09 Ratings
    Order capturing00 Ratings10.09 Ratings
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    User Ratings
    Corcentric Source-to-Pay PlatformIBM Sterling Configure, Price, Quote
    Likelihood to Recommend
    5.0
    (1 ratings)
    9.5
    (9 ratings)
    Likelihood to Renew
    5.0
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    -
    (0 ratings)
    10.0
    (1 ratings)
    User Testimonials
    Corcentric Source-to-Pay PlatformIBM Sterling Configure, Price, Quote
    Likelihood to Recommend
    Corcentric
    It is well suited for applications which has centralized data system. For desperate databases, big performance hit could be unavoidable.Web based Sales solutions which could be easily unplugged from big infrastructure and to be used in field with no need of network connectivity or front office availability would be ideal candidates for CPQ
    Read full review
    IBM
    Were it not for the fact that IBM CPQ lacks mobile and tablet applications, I would have recommended it 100%. However, I still have that 99% recommendation rate since this solution has saved us a lot by allowing us to close more sales within a short period by creating a channel where we collaborate with customers by offering coupons, sending price lists and orders.
    Incentivized
    Read full review
    Pros
    Corcentric
    • Pricing engine is a big plus in CPQ.
    • The flex modeling supported in CPQ increases the model efficiency by eliminating unwanted options
    • Integrating external tools into selectica by exporting out xmls make it easier
    Read full review
    IBM
    • Firstly, IBM CPQ makes it easy for customers to make rapid products purchases through configuration, pricing and ordering processes.
    • Centralizing selling procedure in one platform by communicating products pricing to clients.
    • Improving ROI by attracting customers when discounts are introduced on products as well as offering coupons.
    Read full review
    Cons
    Corcentric
    • Model builder's sluggishness.
    Read full review
    IBM
    • Unfortunately, IBM CPQ does not have on-premises applications to use while not connected to the internet. This is no more a challenge since we have a robust WIFI connection in our organization premises.
    Incentivized
    Read full review
    Likelihood to Renew
    Corcentric
    Unless CPQ is available on cloud or available as platform as service, I am less likely to consider it again. The initial cost involved is high and also the time required for that.
    Read full review
    IBM
    No answers on this topic
    Support Rating
    Corcentric
    No answers on this topic
    IBM
    Timely and courteous response time from IBM Support any time there was a request that needed to be made.
    Incentivized
    Read full review
    Alternatives Considered
    Corcentric
    I used Saleslogix.
    Read full review
    IBM
    There are tons of Configure, Price and Quote software, but I have not used a lot of them. However, unlike IBM CPQ, HubSpot Sales Hub isn’t operated in compliance with any ISO standards and secured in a data center making it easy to leak customer sensitive data such as payment details.
    Incentivized
    Read full review
    Return on Investment
    Corcentric
    • yes, faster lead conversion as Field sales team rely less on main office
    • reduced sales cycle.
    • Reduced Sales overheads, deal closure can happen at client location.
    Read full review
    IBM
    • Reporting analytics help us to transform static data into real-time insights that enable us to determine company financial standing.
    • Data recovery and backup have maintained and governed vital organization data from catastrophes.
    • Pricing, configuration, and quotation procedures enables us to automate selling channel that help customers make rapid informed decisions.
    Incentivized
    Read full review
    ScreenShots