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IBM Sterling Configure, Price, Quote vs. Model N Revenue Cloud

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    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

    Model N Revenue Cloud

    Score6 out of 10
    N/AModel N delivers an end-to-end revenue management platform designed to empower companies to maximize revenue as they transform Sales, Marketing, Channels, Finance, and Legal processes. Model N’s revenue management solutions help by transforming siloed, tactical activities into strategic end-to-end revenue processes through automation and intelligence.N/A
    Pricing
    IBM Sterling Configure, Price, QuoteModel N Revenue Cloud
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    IBM Sterling Configure, Price, QuoteModel N Revenue Cloud
    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
    IBM Sterling Configure, Price, QuoteModel N Revenue Cloud
    Considered Both Products
    IBM
    No answer on this topic
    Model N
    No answer on this topic
    Key User Insights
    Would buy again
    100%
    Would buy again
    9 Answers
    No answers on this topic
    Delivers good value for the price
    100%
    Delivers good value for the price
    9 Answers
    No answers on this topic
    Happy with the feature set
    100%
    Happy with the feature set
    9 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    100%
    Lived up to sales and marketing promises
    8 Answers
    No answers on this topic
    Implementation went as expected
    100%
    Implementation went as expected
    9 Answers
    No answers on this topic
    Features
    IBM Sterling Configure, Price, QuoteModel N Revenue Cloud
    CPQ
    Comparison of CPQ features of IBM Sterling Configure, Price, Quote and Model N Revenue Cloud
    Feature
    IBM Sterling Configure, Price, Quote
    10.0
    9 Ratings
    13% above category average
    Model N Revenue Cloud
    -
    Ratings
    Quote sharing/sending10.09 Ratings00 Ratings
    Product configuration10.09 Ratings00 Ratings
    Configuration options10.09 Ratings00 Ratings
    Pricing rules10.09 Ratings00 Ratings
    Price adjustment10.09 Ratings00 Ratings
    Purchase history and open contracts10.09 Ratings00 Ratings
    Guided selling/Sales portal10.09 Ratings00 Ratings
    CPQ reporting & analytics10.09 Ratings00 Ratings
    CPQ-CRM integration10.09 Ratings00 Ratings
    Attachments to quotes10.09 Ratings00 Ratings
    Order capturing10.09 Ratings00 Ratings
    Best Alternatives
    IBM Sterling Configure, Price, QuoteModel N Revenue Cloud
    Small Businesses
    QuoteWerks
    Score9.8 out of 10
    No answers on this topic
    Medium-sized Companies
    QuoteWerks
    Score9.8 out of 10
    No answers on this topic
    Enterprises
    Agentforce Revenue Management
    Score8.6 out of 10
    No answers on this topic
    All AlternativesView all alternativesView all alternatives
    User Ratings
    IBM Sterling Configure, Price, QuoteModel N Revenue Cloud
    Likelihood to Recommend
    9.5
    (9 ratings)
    8.0
    (1 ratings)
    Support Rating
    10.0
    (1 ratings)
    9.0
    (1 ratings)
    User Testimonials
    IBM Sterling Configure, Price, QuoteModel N Revenue Cloud
    Likelihood to Recommend
    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
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    Model N
    Model N is well suited for large, global enterprises that need more global controls and consistency in the REV Mgmt processes. Model N might be "overkill" for a small, regional customer. It has many features designed for the global enterprise and some companies simply may not need this level of scale.
    Incentivized
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    Pros
    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
    Model N
    • The Opportunity and Registration management module supports linkage to pricing, debiting and capturing POS to manage items progressing thru the process.
    • The Price quoting module supports robust territory management and price security, ensuring that only authorized personnel can see assigned region / customer pricing. The workflow supports appropriate levels of price approvals.
    • The contract management module supports a diverse library of contract types, including direct OEM, Distribution, pass-thru-pricing, reference contracts, multi-currency contracts and the price approval workflow is robust.
    Incentivized
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    Cons
    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
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    Model N
    • Need to simplify data extraction and reporting to the daily users.
    • Need to improve data visuals to management and to the daily user.
    Incentivized
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    Support Rating
    IBM
    Timely and courteous response time from IBM Support any time there was a request that needed to be made.
    Incentivized
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    Model N
    We've successfully used Model N for many, many years. It is the heartbeat of ON Semiconductor sales operations. I said that at a Rainmaker about 10 years ago and it's still true today. We continue to upgrade as new releases are available to maximize the benefits of Model N through-out our organization.
    Incentivized
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    Alternatives Considered
    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
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    Model N
    Model N is our legacy system and none of these other companies offer products that provide the holistic business processes and economic value like Model N. It's internal modules are well-integrated and various BI tools provide excellent presentation of data, both at the analyst and executive levels.
    Incentivized
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    Return on Investment
    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
    Model N
    • Provides enterprise-wide transparency of data and system of record for critical operational data.
    • Holistic price management tools enable us to align productivity goals for certain customers while maintaining desired overall margins.
    Incentivized
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    ScreenShots