Selling Channel has been at Optimal by Linking Clients to Products Catalogs and Price Lists
Dream of every business is to thrive in nowadays competitive markets. Deployment of IBM CPQ was one of the strategies that we implemented …
Overview
What is IBM Sterling Configure, Price, Quote?
IBM Sterling CPQ transforms and automates configuration, pricing and quoting of complex products and services.
Recent Reviews
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
- Quote sharing/sending (9)10.0100%
- Product configuration (9)10.0100%
- Configuration options (9)10.0100%
- Pricing rules (9)10.0100%
Pricing
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
Would you like us to let the vendor know that you want pricing?
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.
Product Demos
IBM CPQ Real Estate Solution Demo
YouTube
Features
Return to navigation
Product Details
- About
- Competitors
- Tech Details
- FAQs
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 Competitors
IBM Sterling Configure, Price, Quote Technical Details
| Operating Systems | Unspecified |
|---|---|
| Mobile Application | No |
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).
Comparisons
Compare with
Reviews and Ratings
(14)Attribute Ratings
Reviews
(1-4 of 4)Companies can't remove reviews or game the system. Here's why
January 28, 2022
Selling Channel has been at Optimal by Linking Clients to Products Catalogs and Price Lists
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.
- ObjectMap based extension tools: This is a new feature that I enjoy using since it enhance products and services pricing logic.
- Configurator APIs: supports sub-model on web application.
- REST API layer capabilities.
- External applications integration: quote-to-cash has been advanced by salesforce.com integration.
- Disaster recovery capabilities: This tool is a game changer - help us restore production environment in case we lose data.
- Pricing rules: Help determine which products to have discounts, price products based on customers, location etc.
100%
10.0
- Simplify quote sharing via emails, communication channels like Slack etc.
- Automatic order capturing.
- By looking into account purchase history, we make rapid adjustments.
- Product configuration encompass robust features.
October 18, 2021
Build and Test Configuration Models, Quotes and Price Products & Services with IBM CPQ
There’s nothing hectic like undertaking the selling procedures of complex products and services. With IBM CPQ, it has been easy to configure, quote and price our banking services at Huntington. This software is being utilized across all departments in our organization.
- Automating configuration, pricing and quotation of banking services.
- Via web self-service on IBM CPQ, customers and the sales team are able to streamline sales processes by getting guidance whenever needed.
- Customers are able to view price lists before making any purchase so as to make informed decisions.
- 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.
- Support and Infrastructure features allow business users to get the right support after implementation.
- Updates: IBM CPQ being a cloud-based solution does not require updates but offers monthly security patches and feature enhancement quarterly.
- Disaster and backup recovery is another great feature that enables us to recover the production environment from any failure.
100%
10.0
- Maintaining product and service information in one secure platform enables us to easily access any data such as discount and price lists information.
- The simplifying quote-to-cash order procedure is automated by IBM CPQ-Salesforce integration.
- Determining the right product or service to impose discounts helps us to improve ROI.
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 information like credit card details or PayPal details like billing address.
October 07, 2021
Creating Coupons, Price Lists and Discount Determination has been Simplified by IBM CPQ
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.
- Backup and disaster recovery enable us to restore the entire production environment in case of data loss and failures.
- Maintenance window: this feature is set aside to ensure application and any other infrastructure updates weekly.
- The customer success manager aids business users to meet their goals by getting post-implementation support.
100%
10.0
- 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.
Unlike other competitive CPQ solutions, IBM CPQ do not store any sensitive personal data like credit card details. Therefore, by using iFrame mechanism, it makes it a trustworthy product.
September 23, 2021
Develop Price Lists, Quotes, Discounts and Coupons with IBM CPQ
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.
- Support and infrastructure: IBM CPQ offers the best and knowledgeable implementation team in case there is no in-house support.
- Integration: it has a robust integration capability that makes it easy to connect with external applications like salesforce.com services to extend capabilities.
- Client success manager on the other hand is a key feature that offer post-implementation relations to business users when they ever encounter issues.
100%
10.0
- Ensuring that customers receive their price quotes at right time advances trust while improving good relations.
- Reporting has enabled the organization to better understand every field so as to locate resources appropriately.
- Storing all the information in a data governed platform throughout the entire process of price, quote and configure of products and services.
IBM CPQ being hosted in a secured information center, it ensures that customer data is encrypted to never leak to cyber attackers. Also, unlike QuoteWerks, IBM CPQ has robust configure, price and quote features for all sorts of organizations from medium-sized to enterprise companies.