Oracle CPQ is a cloud-based application that helps sellers configure the right mix of products or services and create accurate, professional quotes to quickly meet their customers’ pricing needs.
$240
per month per user
SpotDraft
Score8.6 out of 10
N/A
SpotDraft is an end-to-end contract automation platform that helps organizations draft, review, and manage contracts, from drafting to execution and beyond. The SpotDraft engine has been built to understand the context behind every uploaded contract. When uploading legacy contracts in bulk, or create a new contract, the platform automatically analyses key details and highlights them for preview. It also sets…
N/A
Pricing
Oracle CPQ
SpotDraft
Editions & Modules
CPQ Pricing
$240.00
per month per user
No answers on this topic
Offerings
Pricing Offerings
Oracle CPQ
SpotDraft
Free Trial
No
No
Free/Freemium Version
No
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
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More Pricing Information
Features
Oracle CPQ
SpotDraft
CPQ
Comparison of CPQ features of Oracle CPQ and SpotDraft
Feature
Oracle CPQ
6.7
18 Ratings
26% below category average
SpotDraft
-
Ratings
Quote sharing/sending
7.017 Ratings
00 Ratings
Product configuration
8.017 Ratings
00 Ratings
Configuration options
8.017 Ratings
00 Ratings
Pricing rules
7.016 Ratings
00 Ratings
Price adjustment
5.017 Ratings
00 Ratings
Purchase history and open contracts
6.016 Ratings
00 Ratings
Guided selling/Sales portal
7.016 Ratings
00 Ratings
CPQ reporting & analytics
7.017 Ratings
00 Ratings
CPQ-CRM integration
7.015 Ratings
00 Ratings
Attachments to quotes
5.017 Ratings
00 Ratings
Order capturing
7.07 Ratings
00 Ratings
Contract Authoring
Comparison of Contract Authoring features of Oracle CPQ and SpotDraft
Feature
Oracle CPQ
-
Ratings
SpotDraft
8.3
1 Ratings
1% above category average
Contract creation
00 Ratings
8.01 Ratings
Contract templates
00 Ratings
8.01 Ratings
Clause library/saved fields
00 Ratings
9.01 Ratings
Contract Collaboration
Comparison of Contract Collaboration features of Oracle CPQ and SpotDraft
Feature
Oracle CPQ
-
Ratings
SpotDraft
9.6
1 Ratings
16% above category average
Contract sharing
00 Ratings
10.01 Ratings
Contract editing
00 Ratings
10.01 Ratings
Collaborating on contracts
00 Ratings
10.01 Ratings
Approval process
00 Ratings
10.01 Ratings
Interdepartmental workflows
00 Ratings
8.01 Ratings
Contract Monitoring
Comparison of Contract Monitoring features of Oracle CPQ and SpotDraft
I think CPQ had worked so well for our company because of the widespread nature of our associates and tracking orders that were being placed in multiple time zones. My team specifically needed a way of analyzing these orders to track our progress in real time and sort out any supply orders before they became an issue. If you are in a centralized location with a smaller team then this may not yield much use to you.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. TR verified that a representative sample of customers was invited. More Info
The best place to use SpotDraft is on contract negotiation. The entire life cycle of a contract negotiation is captured well on SpotDraft. Data is also crunched and displayed in dashboards. We get to prepare better first drafts of contracts when we know of areas which get heavily negotiated on.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Significant setup time, cost, and maintenance. We have to use an implementation partner
Does not always play well with other software, even Oracle software. While this is improved and being further improved, that it was a third party acquisition means things sometimes require a little extra care
Additional setup documentation and first walkthroughs would be helpful, especially if it was all in one place
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. TR verified that a representative sample of customers was invited. More Info
So far it is all good with BigMachines, looking for new features since Oracle acquisition has created a lot of expectations. We have outlined our limitations (out of box functionality) in our periodic customer successor advice meetings for a while, hope we get a resolution soon. Also, the BigMachines user license fee has increased a lot in the last three years.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
The software UI can be as complex or as simple as you need it to be (depending on the business). It does require training others on quote configuration and the order in which to build out order positions prior to configuring a quote. Once users are trained;however, it is fairly straight-forward. The UI is still more static than other new wizard/drag-and-drop models, but it get's the job done
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
It depends upon the day however there are so many failure points with online services, including our internet service, that this is probably closer to 9 with the latest version
Some specific support personal was good and fixed some problems fast using proper solutions. But when one of them went to sleep when we had critical issues and they do unreported commits to our production environment which caused issues and they were hiding it?? you can not give more than a two (maybe even that is too much). They also failed to add a feature for us which also bring the grade down.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
They have pretty good training. Our business analysts have been able to go to entry and advanced level training. They have a train the trainer model. Our business analyst attended training, then trained the rest of our staff.
It was a much more technical implementation than we thought. It involved much more code.
Future releases have made and will make administering the tool easier.
EDL consulting had one good developer, but when he was moved off, they were horrible to work with.
The BMI sales team does a “BOA” or a “Business Operation Assessment” which is extremely valuable, not only for them to scope an implementation and get more reach within the organization, but it is also a documentation of business process that most organizations don’t have. It highlights inefficiencies and allows for correction during implementation.
Having a dedicated team (in-house) for implementation is key
Oracle engagement is ahead. They are active in the development of the tool and provide great support after implementation. They also listen to their customers and offer opportunities to feedback and provide input through activities like the customer advisory board forum.
A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info
Increased Sales Rep efficiency. Being able to create multiple quotes ACCURATELY and quickly was a game changer.
Large implementation time. It's a little difficult to fit BMI into a SCRUM style build, with multiple working models and prototypes of all 3 simultaneously.
A larger fee for licensing and implementation cost. ROI wouldn't be realized in the first year.