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Oracle CPQ

Oracle CPQ

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.

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Pricing

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CPQ Pricing

$240.00

Cloud
per month per user

Entry-level set up fee?

  • No setup fee

Offerings

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

CPQsuite Demo (7.5 minutes)

YouTube

Oracle CPQ Training | Oracle CPQ Certification Course Demo | What is Oracle CPQ | MindMajix

YouTube

Oracle CPQ Cloud Service 2017 1Z0-976 questions and answers|CertTree

YouTube

1Z0-436 exam Oracle CPQ Cloud Service 2016 Implementation Specialist | 1Z0-436 PDF Answers

YouTube
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Features

CPQ

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

7.4
Avg 8.6
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Product Details

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 Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo

Frequently Asked Questions

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.

Conga CPQ, SAP CPQ, and PROS Smart CPQ are common alternatives for Oracle CPQ.

Reviewers rate Quote sharing/sending highest, with a score of 8.4.

The most common users of Oracle CPQ are from Enterprises (1,001+ employees).
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Comparisons

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Reviews From Top Reviewers

(1-5 of 44)

Oracle CPQ Cloud review

Rating: 8 out of 10
September 16, 2019
NG
Vetted Review
Verified User
Oracle CPQ
1 year of experience
It is going to be used across the sales organization for configuring our storage products. It was brought on to address agility, ease of maintenance, and for the move to a cloud-based solution.
  • Drag and drop UI.
  • No downtime for regular releases.
Cons
  • Better standard API Integrations with boundary On-Prem systems.
  • Direct database query capabilities.
Oracle CPQ is well suited for simple applications that require Commerce and CPQ capabilities. It may be less well suited for more complex/multi-level systems, as well as integration with on-prem downstream applications.

Accelerate Quotes and Reduce Costs

Rating: 10 out of 10
September 19, 2018
FB
Vetted Review
Verified User
Oracle CPQ
5 years of experience
With Oracle Configure, Price, and Quote Cloud in place across our global operations, we have streamlined the entire quote-to-order process. The flexible and scalable cloud tool enables us to deliver a superior customer experience and supports our rapidly growing business for the long haul.
  • Leveraged automation to minimize headcount costs despite 10% year-over-year business growth, and enabled staff to focus on more strategic tasks.
  • Established a flexible CPQ system that scales on demand to easily accommodate the company’s multiple global locations.
  • Improved customer relations by reducing configuration time and allowing sales more time to meet with customers and close orders.
Cons
  • User interface needs updating.
  • Reporting Manager needs a big update. We also use Oracle Engagement Cloud and we are pleased with the BI Reporting. CPQ reporting needs some work.
Oracle CPQ Cloud is well suited to streamline approval processes and decrease quote-to-order time by eliminating paper-based processes with complex pricing lists.

CPQ is definitely the 1-4-U

Rating: 8 out of 10
August 09, 2018
Part of my role in procurement was to analyze orders taken by our sales reps and project these figures into our annual budget as well as examine areas of potential growth. My role within CPQ Cloud was to access this data and communicate the findings with our executives. It allows for simple access and accurate reporting for taking orders and generating quotes.
  • Orders have always been accurate and we've never yet had an issue processing one
  • Pricing configuration allows for complex tiers within an organization's portfolio and so there are multiple options depending on your situation
  • Report building is simple and intuitive
Cons
  • Although reporting is intuitive, it could use a more robust reporting look and feel especially when it comes to graphical displays
  • Mobile view and approvals can be a bit wonky sometimes and need to be refreshed
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.

Oracle CPQ works for us

Rating: 8 out of 10
March 22, 2019
BG
Vetted Review
Verified User
Oracle CPQ
5 years of experience
We use Oracle CPQ in our organization for:
  • Global configurations
  • Pricing
  • As a quoting tool
  • Allows users to configure products.
  • Strong pricing engine and the ability to do pricing approval workflows.
  • Allows for partner order placement.
Cons
  • UI/UX capability.
  • Admin capability.
Oracle CPQ Cloud has helped us to easily configure products.

If you've got enough variables, then it's worth it

Rating: 6 out of 10
May 29, 2018
MW
Vetted Review
Verified User
Oracle CPQ
1 year of experience
We chose to implement Oracle CPQ for our separate e-commerce platform on top of Oracle Commerce Cloud. It's being used across the entire organization to replace a home-grown custom solution for a wide variety of product lines that can be customized to extreme levels. We'd like to be able to offer more products and variations on our e-commerce site rather than relying on manual quotes and sales representatives, but we're limited by manpower and bandwidth to manually program in a lot of variables.
  • Allows us to offer a variety of options without manually programming in each individual product
  • Allows us to utilize a product feed with features and variants, which can also play well with Google Product Listing Ads (Google Shopping)
  • Maintenance does not necessarily require hard programming knowledge, so marketing communications can help maintain
Cons
  • 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
Our primary use case, that we feel it's well-suited for, is sitting on top of Oracle Commerce Cloud to allow more variants and easier quoting in our e-commerce platform. So long as it isn't a fully custom job, this allows us to offer more products and more variants that are easier to automatically price, saving us time and needed manpower (thus increasing profits). However, setup is a bit cumbersome and not always necessary - it's not cost always effective for even a few dozen products with two or three variables each - so we're implementing in stages to allow ramp-up to greater complexity. This allows us greater speed-to-market while building up capabilities. However, without a CPQ, we wouldn't be able to offer our full product line without either wrecking the consumer experience and/or a great amount of manual effort, including greater maintenance time and costs.
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