Overview
What is Oracle CPQ?
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.
Oracle CPQ Review
CPQ -- On Prem Combo
Oracle CPQ Cloud review
Oracle CPQ works for us
- Global configurations
- Pricing
- As a quoting tool
Oracle CPQ Review
My review with Oracle CPQ
Centralized Hub for Finance & Development - Oracle CPQ
Review
Guided Selling through CPQ
Accelerate Quotes and Reduce Costs
CPQ is definitely the 1-4-U
If you've got enough variables, then it's worth it
Oracle CPQ Review
Deep (not really) Thoughts of a 6 year CPQ Cloud Admin
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 (16)8.484%
- Configuration options (16)7.979%
- Product configuration (16)7.979%
- Price adjustment (16)7.373%
Pricing
CPQ Pricing
$240.00
Entry-level set up fee?
- No setup fee
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Product Demos
CPQsuite Demo (7.5 minutes)
Oracle CPQ Training | Oracle CPQ Certification Course Demo | What is Oracle CPQ | MindMajix
Oracle CPQ Cloud Service 2017 1Z0-976 questions and answers|CertTree
1Z0-436 exam Oracle CPQ Cloud Service 2016 Implementation Specialist | 1Z0-436 PDF Answers
Features
CPQ
Features related to configuring and pricing products and delivering quotes to customers.
- 8.4Quote sharing/sending(16) Ratings
Salespeople can share quotes and quote details with customers, via email, a customer portal, a personalized URL, or some other means.
- 7.9Product configuration(16) Ratings
Allows users to configure products and services by selecting bundles, constraints, options, preferences, etc.
- 7.9Configuration options(16) Ratings
Supports a robust, comprehensive level of detail around configuration options, including product features, services, quantity, etc. Options take into account availability and compatibility of selections.
- 7.4Pricing rules(15) Ratings
Determines price based on rules and hierarchies. Rules may consider customer demographics, availability, and/or product configuration.
- 7.3Price adjustment(16) Ratings
Sales users can adjust or override prices, based on coupons, discounts, markups, etc.
- 6.8Purchase history and open contracts(15) Ratings
Provides information about a customer’s previous purchases and current purchase/service agreements, which may factor into new sales or need to be modified to account for new sales.
- 7.4Guided selling/Sales portal(15) Ratings
Provides salespeople with tips, recommendations, or question sequences to help with product configuration and quoting, and/or to assist with cross-sell and upsell.
- 6.1CPQ reporting & analytics(16) Ratings
Users can report on and analyze CPQ processes. Metrics may include quoting cycle time, proposal acceptance rates, revenue, etc.
- 6.6CPQ-CRM integration(14) Ratings
Integrates to the company’s CRM to update the customer record.
- 7.3Attachments to quotes(16) Ratings
PDFs, contracts, videos, etc can be attached to quotes and/or proposals.
- 8Order capturing(6) Ratings
Allows the capture of orders of complex services and across multiple customer interaction channels such as - direct sales, contact center, point-of-sales, resellers, and customer self-service.
Product Details
- About
- Competitors
- Tech Details
- FAQs
What is Oracle CPQ?
Oracle CPQ Competitors
Oracle CPQ Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Unspecified |
Mobile Application | No |
Frequently Asked Questions
Comparisons
Compare with
Reviews and Ratings
(54)Attribute Ratings
Reviews
(1-25 of 31)A great tool with not so great infrastructure
- Streamlined sales process due to integration with SFDC.
- Single reporting source.
Oracle CPQ Review
- Oracle CPQ requires zero downtime for regular deployments, which will definitely help us. Our implementation is still under progress, so I can't comment on ROI right now.
CPQ -- On Prem Combo
- It's a work in progress.
Oracle CPQ Cloud review
- Implementation is still a work in progress, so it'll take some time to know that answer.
BigMachines SOAP Interface Experience
- ROI has been good. Increased employee efficiency through automation.
BigMachines as a config/price/quote application
- ROI almost impossible to present.
- The change management and resistance are HUGE. High management involvement and assistance are key for success.
- Little technical skills are required to develop and maintain the solution.
- Faster turnaround of quotes.
- Ability to copy and run multiple iterations.
- Reduced time to provide the final proposal document.
Robust software, highly configure-able but not without challenges
- Sales Operations or IT would have a better understanding of the license user costs and ROI. I do know that Sales has experienced frustrations in the the lead gen-to-close process and have experienced delays with some deals. In other instances, the software has worked fine. I would love to see an analysis on how our lead-conversion rate, sales cycles, and proposal volume stacks up.
Time Saver, but not without problems
- Faster quoting process for customers. After we were able to get our renewal contracts into BigMachines, the time it takes to quote customers decreased dramatically.
- Data integrity issues have stemmed from BigMachines updating assets in Salesforce incorrectly, which has led to time consuming cleanup projects for our employees.
- Uniform price quoting and contracts across the company.
An Admin's perspective on Big Success with BigMachines
- We implemented 6 months ago. I recently asked a Sales Rep who uses BMI daily how things were going. He replied, "I actually enjoy using it and thoroughly look forward to working with it each day".
The best CPQ tool on the market!
- BigMachines has provided us with a configuration tool that is scalable, accessible and useable by our international sales staff, and through the configuration rules, has increased the accuracy of the quotes being generated for a very complex product.
- BigMachines has allowed us to integrate CPQ with our CRM tool (Salesforce.com), thus putting more information at the fingertips of our executive team.
- BigMachines has allowed us to put more structure and control around our product pricing.
BigMachines - great Quoting Tool
- Improved sales process
- Improved Document presentation to the Clients
Reverse Integration of Verizon's Business Solutions into Terremark's BigMachine leads to the 2011 Big Innovations Award
- Verizon's legacy services were integrated into Terremark's portfolio less than a year after Verizon's acquisition of Terremark. Having one quote to order system reduced the need for manual swivel chair processes that would lead to longer provisioning.
- BigMachines was able to handle an influx of 300+ users after the Sales Engineers merged into one quoting system.
- Salesforce was Verizon's and Terremark's CRM, having BigMachines already integrated allow the migration decision to be logical and affordable so our 2000+ Salesforce user base can quickly track their pipeline for a global public company.
- Due to our user base our license needs have bloated, making contracting a long term, large scale license a bit harder then the older Terremark initial contract days when 50 users left us with room to add.
- Adding a new service or product line can be done in as soon as two weeks as we have a proven Dev-Test-Production process in BMI where our only long pole in the project is waiting for legal to give us their information to add to the new service.
- Changes occur on a weekly cycle compared to the older one month cadence legacy Verizon users were use to.
My BigMachines CPQ Review
- Extremely flexible and configurable platform for sales configuration, it's fast & reliable every thing at one place (Lead to quote process) for sales, reduces time
- Easy integration to Salesforce.com
- Improved features for BMI admins (Drag & Drop Config flows, Migration from Test to Prod, etc.)
- Better Customer Proposal Options (Word, Excel, PDF)
A Powerful tool, but not for everyone
- 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.
- Increased quoting efficiency over our old home-grown quoting tool. With our old tool it could take an Account Executive 30 minutes to 2 hours to create a quote due to being so slow and buggy.
- Customers have more confidence with a company whose quotes look more professional.
- Quoting errors are reduced significantly.
- Approval workflow allows for pricing control by the upper levels of management.
Best CPQ Platform that integrates with Salesforce
- Positive impact: Data was copied back to Salesforce.
My Review
- Increased employee efficiency
- Faster sales cycles
My life with BigMachines
- BM definitely gives great ROI - faster quotes (less turn around time), pricing transparency, reduces the dependency on employees
BMI review
- To Be Determined. Currently in an implementation phase of BMI for a client.
Hard to steer, but once on autopilot, then its great
- Easier for customers to review and approve quotes with the reps which resulted into faster conversion of orders
- Seamless integration with Salesforce so the reps don't have to jump through multiple screens
- Simple for users to understand and use
BMX to drive your quoting process
- Getting a proposal has gotten much quicker and easier to complete.
- Since the proposals are done inside Salesforce we now always have a copy of the proposal in Salesforce instead of having to follow up with the reps to make sure they remember to attach a copy.
- We are able to use this tool to help follow our goal of getting a consistent look to everything we do. Before the reps used Excel and Word and could do whatever they wanted so their was no company-wide consistency.
Very good industry standard CPQ solution
- Faster Opportunity to Order automation.
- Reduce manual user errors.
OK tool
- Quick and easy to create a quote.
Use Bigmachines
- Quotes from customers were generating 25% faster.
- Sales Engineers cut 35% from their quoting time.