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IBM Sterling Configure, Price, Quote

IBM Sterling Configure, Price, Quote

Overview

What is IBM Sterling Configure, Price, Quote?

IBM Sterling CPQ transforms and automates configuration, pricing and quoting of complex products and services.

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Recent Reviews
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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Popular Features

View all 11 features
  • Quote sharing/sending (9)
    10.0
    100%
  • Product configuration (9)
    10.0
    100%
  • Configuration options (9)
    10.0
    100%
  • Pricing rules (9)
    10.0
    100%
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Pricing

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N/A
Unavailable

What is IBM Sterling Configure, Price, Quote?

IBM Sterling CPQ transforms and automates configuration, pricing and quoting of complex products and services.

Entry-level set up fee?

  • No setup fee

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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2 people also want pricing

Alternatives Pricing

What is Conga CPQ?

Conga CPQ empowers sales, partners, and customers to efficiently configure complex products and services offerings, and provide personalized prices and quotes, utilizing codified product and pricing information - to drive higher win rates and a more pleasurable buying experience. Conga CPQ also…

What is Salesforce CPQ?

Salesforce Revenue Cloud (formerly Salesforce CPQ or SteelBrick) is built and delivered on the Salesforce Platform and Salesforce1 Mobile App which enables users to create accurate sales quotes quickly and submit error-free orders on the fly from any device.

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Product Demos

IBM CPQ Real Estate Solution Demo

YouTube
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Features

CPQ

Features related to configuring and pricing products and delivering quotes to customers.

10
Avg 8.6
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Product Details

What is IBM Sterling Configure, Price, Quote?

IBM Sterling Configure, Price, Quote simplifies challenging selling processes by automating the configuration, pricing and quoting of complex products, services and bundles. This streamlined sales process guides customers, sales teams, call center representatives and partners in selecting and validating the right products and services.

IBM Sterling Configure, Price, Quote Technical Details

Operating SystemsUnspecified
Mobile ApplicationNo

Frequently Asked Questions

IBM Sterling CPQ transforms and automates configuration, pricing and quoting of complex products and services.

Conga CPQ, Oracle CPQ, and SAP CPQ are common alternatives for IBM Sterling Configure, Price, Quote.

Reviewers rate Quote sharing/sending and Product configuration and Configuration options highest, with a score of 10.

The most common users of IBM Sterling Configure, Price, Quote are from Enterprises (1,001+ employees).
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Comparisons

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Reviews and Ratings

(14)

Attribute Ratings

Reviews

(1-6 of 6)
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Brittany Frontis | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Dream of every business is to thrive in nowadays competitive markets. Deployment of IBM CPQ was one of the strategies that we implemented in our organization. It has centralized selling process, where our sales team collaborate with customers.
  • Customers waste a lot of time looking for products and services: IBM CPQ automate channel selling.
  • Help customers select, configure, quote and order the right services and products.
  • Commmunicating amendments on pricing is seamless on IBM CPQ.
  • Integration with external applications has improved capabilities.
  • For the sake of othet prospects, who might be looking to implement IBM CPQ; The vendor has not offered detailed tutorials for the features. Nonetheless, it has a simple learning curve unlike other alternatives.
Complex products in our organization has been configured by IBM CPQ. That way, we spend less time carrying out sales procedures since sales orders are automatically aporoved.
Erin Quinn | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
For 4+ years now in my organization, we have been using IBM CPQ to simplify the selling of virtual, hybrid, and in-person events. Therefore, selection, configuration, quoting, and ordering event services are automated by this tool.
  • Create a central location for clients and sellers to configure products and services
  • Automate the entire process of selling
  • Sending sales orders to customers saves time
  • Help focus more on valuable processes rather than spend time on low-value processes
  • To automate selling processes on the go, I feel like the vendor should implement an on-premise platform, mainly for tablets and mobile phones.
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.
Kristen Corp | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
I started using IBM CPQ when I joined Accenture to automate the entire process of pricing and quoting. It is easy to determine the products and services that discounts need to be imposed on and those that are perfect to be sold without discounts.
  • Automating selling procedure to help clients select, configure and order the right products & services.
  • IBM CPQ is a central location that enables sales representatives to communicate with suppliers and customers on matters of product pricing.
  • Before moving live production environment instances, IBM CPQ allows customers to test configuration modules.
  • Disaster recovery and backup databases are hectic to utilize without IT skills due to it’s rich in lots of features.
  • Cost is slightly expensive, but it is worth the results we gain.
Create new customer contacts and manage the needed procedures like linking clients to product catalogs, generating and forwarding price lists from anywhere in the cloud with IBM CPQ. I would therefore recommend other prospective business users to consider this tool and they will be able to ease the entire pricing process.
Rakesh Mohapatra | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
IBM CPQ is the backbone tool for pricing, configuration and quotation in our organization. I am not pretty sure it is being used in all units, but it is currently being utilized heavily in IT and procurement departments.
  • By developing, tracking, managing and negotiating the process of sales quotation, it helps in ROI generation.
  • Connecting customers with product catalogs and price lists.
  • Disaster recovery and data backup
  • IBM CPQ only has web-based solution and lacks iOS and Android applications.
  • It has a robust backend integration capability, but it tends to be extremely hectic to collaborate with some SaaS tools.
Once fully customized, IBM CPQ can fit any field from quote-to-cash procedures, order management, inventory control to supply chain. We have been able to configure products and develop product quotations.
Kelvin Burrows | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Conducting the process of selling our organization services has been simplified by IBM CPQ. Automation of business procedures such as pricing, quoting, and configuration is what we conduct with this tool on specific business units.
  • Configuring pricing processes by discussing and amending pricing in a central location.
  • Negotiating sales quotes that help generate high ROI.
  • Helping clients go through buying procedures by configuring, pricing, and quoting purchase orders.
  • I slightly dislike that IBM CPQ lacks an available mobile application.
  • Unavailability of enough documentation, tutorials, and white papers for reference.
I would recommend IBM CPQ to all businesses that are looking to maintain high-quality data on products and services, mainly for pricing and configuration procedures.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
This is being used by our sales department and call center and helps to increase selling time and the accuracy of quotes and proposals.
  • Provides associated quotes through the life cycle of the opportunity, until the opportunity is either won or lost.
  • You can store all the information you require during the quoting process, including customer details, information about products and the adjustment made to the price of products, and the payment terms and shipment terms that will be used in the order if the quote is converted to an order.
  • There were widespread frustrations throughout sales and call center with CPQ originally. But really the reason why CPQ tools are complex is because CPQ processes are complex things to implement.
  • Users today want all the flexibility with none of the complexity. It is one of the biggest challenges in my day-to-day.
We went from quoting time from hours to minutes or from days to hours after everyone learned its processes, but it's not really worth the time and money invested into it if you can't see those results.
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