IBM Sterling Configure, Price, Quote vs. Vendavo

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IBM Sterling Configure, Price, Quote
Score 7.6 out of 10
N/A
IBM Sterling CPQ transforms and automates configuration, pricing and quoting of complex products and services.N/A
Vendavo
Score 7.7 out of 10
N/A
Vendavo headquartered in Mountain View, California offers their price optimization and CPQ solution, with the goal of helping global manufacturers and distributors drive predictable, profitable outcomes.N/A
Pricing
IBM Sterling Configure, Price, QuoteVendavo
Editions & Modules
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Offerings
Pricing Offerings
IBM Sterling Configure, Price, QuoteVendavo
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, QuoteVendavo
Considered Both Products
IBM Sterling Configure, Price, Quote
Chose IBM Sterling Configure, Price, Quote
Unlike other Sterling, Configure, Price and Quote products such as Vendavo, IBM CPQ has robust features that fit all sorts of organizations from small to enterprise corporations. Also, another disparity is that IBM CPQ is hosted in a secured data center and seldom store PCI …
Vendavo

No answer on this topic

Top Pros
Top Cons
Features
IBM Sterling Configure, Price, QuoteVendavo
CPQ
Comparison of CPQ features of Product A and Product B
IBM Sterling Configure, Price, Quote
10.0
9 Ratings
15% above category average
Vendavo
8.0
1 Ratings
7% below category average
Quote sharing/sending10.09 Ratings00 Ratings
Product configuration10.09 Ratings7.01 Ratings
Configuration options10.09 Ratings6.01 Ratings
Pricing rules10.09 Ratings9.01 Ratings
Price adjustment10.09 Ratings9.01 Ratings
Purchase history and open contracts10.09 Ratings9.01 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, QuoteVendavo
Small Businesses
QuoteWerks
QuoteWerks
Score 9.1 out of 10
QuoteWerks
QuoteWerks
Score 9.1 out of 10
Medium-sized Companies
QuoteWerks
QuoteWerks
Score 9.1 out of 10
QuoteWerks
QuoteWerks
Score 9.1 out of 10
Enterprises
SAP Sales Cloud
SAP Sales Cloud
Score 8.2 out of 10
SAP Sales Cloud
SAP Sales Cloud
Score 8.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
IBM Sterling Configure, Price, QuoteVendavo
Likelihood to Recommend
9.5
(9 ratings)
6.7
(5 ratings)
Support Rating
10.0
(1 ratings)
6.7
(2 ratings)
User Testimonials
IBM Sterling Configure, Price, QuoteVendavo
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.
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Vendavo
Vendavo is well suited for large organizations with complex pricing scenarios. Vendavo is very flexible to implement to different businesses. Global processes can be done in Vendavo with a single instance on most occasions with diverse business processes without compromising much of the current business processes.
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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.
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Vendavo
  • The charts and graphs that you can pull from Vendavo are easy to read, and easy to work with.
  • Reporting - You can save individual reports and run them consistently. They are also easy to tweak for a more specific application.
  • Export capabilities were great, it was easy to grab data from Vendavo.
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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.
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Vendavo
  • Improve import function in the Profit Analyzer for bulk parts. Handles large part imports slowly.
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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.
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Vendavo
Support was not very responsive, and required added costs.
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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.
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Vendavo
I preferred Vendavo, but my price manager migrated to Tableau. I think because of the licencing costs of vendavo?
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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.
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Vendavo
  • Helped drive better business decisions.
  • Increase in overall margin.
  • Better understanding of specific markets.
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ScreenShots