Name: Tacton CPQ
Author: Tacton

Help Desk

Web and Video Conferencing

Customer Support

Online Learning

Education

Business Intelligence (BI)

Collaboration

Embedded Business Intelligence (BI)

Visual Collaboration

Enterprise

Accounting

Payment Gateway

Finance and Accounting

Applicant Tracking

Corporate Learning Management

Course Authoring

Credentialing

HR Management

On-Demand Payment

Payroll

Professional Employer Organizations (PEO)

Resume Parsing

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

AI Agent Builder

API Management

Browser

Cloud Storage

Component Content Management

Data Center Infrastructure Management

Data Pipeline

Data Quality

Endpoint Encryption

Fraud Detection

In-Memory Databases

Integration Platform as a Service (iPaaS)

Interoperability

Managed Print

Managed Public Cloud Infrastructure

Metadata Management

Network Performance Monitoring

Password Management System

Relational Databases

Virtual Private Network (VPN)

Voice Recognition

Vulnerability Management

Web Application Firewalls

Information Technology

A/B Testing

Ad Serving & Retargeting

Advertising Agency

All-in-One Marketing

Content Management

Email Marketing

Event Registration

Heatmap and Session Recording

Intent Data

Landing Page

Marketing Automation

Marketing OS

Social Media Management

Survey & Forms Building

Swag Management

Web Analytics

Webinar

Marketing

Project Management

Prototyping

Transcription

Professional Services

Customer Relationship Management (CRM)

Point of Sale

eCommerce

Sales

Antivirus

Insider Risk Management

Secure Service Edge (SSE)

Security

Church Management

Legal Research

Library Management

Vertical-Specific

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### Configuration
Users generally praise Tacton CPQ for its robust configuration capabilities. They appreciate the ease with which complex configurations can be implemented and the tool's flexibility in organizing intricate setups. Some users highlight the configurator's user-friendly nature, allowing for quick resolution of rule-based problems without the need for specialized coding knowledge. However, there are suggestions for improvements, such as enhancing iterative calculations and user interface friendliness. Despite some minor drawbacks, Tacton CPQ's configuration features are generally well-regarded by its users.

### Customization
Opinions on Tacton CPQ's customization capabilities vary among users. While some users appreciate the flexibility to create customized solutions and easily export files, others find the complexity of the customization process challenging, particularly when dealing with a large number of tags in Tacton DOCGEN. The ability to work with Excel, add macro files, and write logical constraints easily are highlighted as positive aspects of the customization features. However, concerns have been raised about the limitations in migrating from older systems and the perceived lack of customization options in the CPQ product. Users seem to have mixed feelings about the extent to which Tacton CPQ meets their customization needs, with some hoping for more flexibility and responsiveness in adapting the tool to their specific requirements.

### Pricing and Calculation
Users consistently highlight Tacton CPQ's pricing and calculation features as key strengths of the software. They appreciate the accuracy and ease of use when handling complex pricing structures and calculations. The live Bill of Materials (BOM) in the pricing engine, coupled with powerful visualization capabilities, further enhance the overall user experience. While some users suggest minor improvements, such as enhancing iterative calculations, the general sentiment remains positive towards Tacton CPQ's pricing and calculation functionalities.

### Sales and Proposal Management
User sentiment regarding Tacton CPQ's sales and proposal management functionalities is varied. While some users praise the time-saving features and efficiency improvements in quote generation, others express concerns about the complexity of document customization and the challenges of migrating from older systems. The ability to create multiple combinations and parametric models is appreciated, but there are calls for improvements in the user interface. Despite these mixed reviews, there is anticipation for integrating Tacton CPQ with Salesforce and SAP to enhance sales processes.

### Automation and Workflow Optimization
Users have highlighted the significant impact of Tacton CPQ's automation features on enhancing productivity and efficiency within their workflows. The consensus among reviewers is that the automation tools provided by Tacton CPQ have successfully streamlined processes, reduced manual tasks, and accelerated response times to customer requests. Additionally, users appreciate the ease of configuring workflows and the simplicity of the administration tool, which has contributed to a smoother and more organized workflow management experience.

### Product and Design Integration
Opinions vary on Tacton CPQ's product configuration and design integration capabilities. Users appreciate the powerful CAD integration and the ability to involve customers in creating design solutions. Some users find the initial setup time-consuming, while others praise the tool for standardizing their product offerings. The integration of design automation and proposal creation is highlighted as a strong point, although concerns exist about the limitations of non-configurable products. Despite some challenges, users acknowledge the time-saving features and increased productivity brought about by Tacton CPQ's product and design integration functionalities.

Users have reported significant time savings and increased efficiency when using this product. Design time has been reduced from 1-2 weeks to just a couple of days for submittal production, while the production of fabrication drawings can now be completed in as little as a few days instead of the previous 4-6 weeks. One of the key advantages of this software is its ability to quickly model designs, eliminating it as a constraint in the design process. By capturing design intent and automating much of the work, TactonWorks normalizes training between different skilled individuals. The software also effectively handles increasing complexity and the number of product variants through its configurator feature.

Integration with ERP systems further streamlines processes by reducing the time it takes to generate quotes. This not only enables quicker offers to customers but also simplifies complex configuration, pricing, and quotation tasks. Business processes are streamlined, and computing power allows for easy application of complex logic, facilitating automation and configurator performance. Furthermore, involving potential customers in design solutions helps reduce dependencies on other stakeholders in the sales process and improves order execution lead time. The software also allows for the production of customized quotes with a CPQ, offering a cloud-based CPQ and custom CS configurator for added convenience.

Difficult User Interface Customization: Users have found the user interface difficult to modify and lacking in customization options. Several reviewers have expressed frustration with the limited ability to personalize the interface according to their specific needs.

Automation and Performance Issues: Some users have mentioned issues with automation and performance, indicating that they experienced delays or encountered errors while using Tacton CPQ. These problems may have impacted their overall experience and productivity.

Lack of Training and Documentation: There are complaints about the lack of training provided for Tacton CPQ, which has made it challenging for users to fully utilize the software's capabilities. Additionally, users have highlighted a need for improvements in documentation generation, suggesting that the current resources are insufficient or unclear.

Users have made several recommendations based on their experience with Tacton. Firstly, they suggest that Tacton is a good product that can be easily customized according to specific requirements. This flexibility allows users to tailor the software to meet their unique needs and preferences. 

Secondly, users highly recommend Tacton for complex product configurations. The software's capabilities are particularly valuable in handling intricate configurations, making it a suitable choice for businesses dealing with complex products or services. 

Lastly, users advise investing manpower into the administration of Tacton. They emphasize the importance of dedicating sufficient resources and personnel to effectively manage and utilize the software. This ensures that businesses can fully leverage the benefits of Tacton as part of their overall business strategy. 

In summary, users recommend considering Tacton as a customizable solution for complex product configurations and stress the need for adequate investment in administration.

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.

CPQ Pricing

Oracle Sales guides sellers with intelligent recommendations to help them focus on the most valuable prospects at the right time. These machine learning-based CRM selling tools center around clean, complete customer data from internal and external sources.

Professional

Standard

Premium

Oracle Sales

Tacton CPQ

Price Quoting/Configuration software (CPQ) is designed to optimize sales processes such as configuration, opportunity management, bid and quote generation, and order confirmation.

Selling Individualized Products Remotely with Tacton CPQ

Tacton Product Modeling. Define your product's variance and modules with easily maintainable features and constraints

Tacton CPQ configurator. Needs-based configuration, instant pricing, instant Bill-of-Material and 3D visualization empower your sales to define, price and order highly customizable products without sales engineering support.

Tacton CPQ Solution page. Price execution, adjustments and margin control of all configurable products in any given Opportunity

Tacton CPQ Document generation. One-click creation of data-driven and consistently branded quote documents

Tacton CPQ CAD Automation. For a configured product variant, Sales rep can generate CAD files and drawings without CAD skills or software installed (SolidWorks, Autodesk Inventor, PTC CREO)

Tacton CPQ Omnichanel. Embed configuration, visualization, net-pricing and quote generation on any website or eCommerce system to offer the full portfolio to end customers and resellers

With Tacton CPQ (Configure-Price-Quote), B2B
manufacturers can maintain and sell highly customizable products as if they
were standard. Our award-winning configuration and pricing engine, allows you
to control your custom product’s thousands of parts and commercial rules with
small set of constraint, generating millions of valid, builable and profitable
product variants. 



With needs-based configuration, instant pricing
for every configurator selection, real-time 3D product visualization and
automatic generation of CAD files, your sales reps will be able to define,
price and order complex and custom products, without sales engineering support.
Let your sales engineers innovate your products and let your sales reps talk
value with your customer. 

 

With Tacton’s omni-channel capabilities, you
can offer Configuration, Pricing and Quoting of your products not only to
direct sales, but also to resellers and end customer in self-service and
eCommerce channels. This radically boosts your sales capabilities. 

 

With Tacton’s rich APIs and integrations, data
from PLM, ERP, CAD and CRM can be leveraged in Tacton CPQ to remove your data
silos. Use our analytics API to use the transaction data created in Tacton CPQ
to create actionable business insights in your preferred Business Intelligence
tools. 

 

 

USP:

In contrast to other CPQs, Tacton can handle
highly complex and customizable industrial equipment. With Tacton’s attribute
constraints, your product engineering team will be able to express and maintain
all the logic of your product variance, separating valid from invalid product
configurations. Our out-of-the-box and easy-to-use configurator, empowers sales
rep, resellers and even end-customers themselves to define highly customized
and error-free equipment – without involvement of sales engineering. 

 

With Tacton CPQ you will increase revenue,
increase sales velocity, decrease sales costs and decrease costs of order
errors and warranties. Sell with certainty – quote with confidence. In
Gartner's Magic Quadrant for CPQ, Tacton has been recognized as a “Visionary”
in three consecutive years.

 

Tacton provides solutions to our global
customers such as ABB, Bosch, Caterpillar, Daimler, MAN, Mitsubishi, Siemens,
Toshiba and Yaskawa. Tacton is headquartered in Chicago, Illinois and
Stockholm, Sweden, with regional offices in Karlsruhe, Germany, Warsaw, Poland,
and Tokyo, Japan.

Tacton

Learn more on how Tacton CPQ creates value for B2B manufacturers.

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

Quote sharing/sending

Salespeople can share quotes and quote details with customers, via email, a customer portal, a personalized URL, or some other means.

Credit approvals

Allows customers to input credit information, which can be checked and approved or declined. Credit score may factor into the quote.

E-signature

Includes electronic signature functionality so that proposals can be approved and signed digitally.

Product configuration

Allows users to configure products and services by selecting bundles, constraints, options, preferences, etc.

Configuration options

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.

Pricing rules

Determines price based on rules and hierarchies. Rules may consider customer demographics, availability, and/or product configuration.

Price adjustment

Sales users can adjust or override prices, based on coupons, discounts, markups, etc.

Purchase history and open contracts

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.

Guided selling/Sales portal

Provides salespeople with tips, recommendations, or question sequences to help with product configuration and quoting, and/or to assist with cross-sell and upsell.

Self-service CPQ

Includes an interface for customers to select product options and generate their own quotes; this is particularly relevant to eCommerce.

CPQ reporting & analytics

Users can report on and analyze CPQ processes. Metrics may include quoting cycle time, proposal acceptance rates, revenue, etc.

Proposals

Allows users to generate/automate sales proposals.

Excel integration

Integrates with Excel so that quotes can be generated on spreadsheets using underlying CPQ rules.

CPQ-CRM integration

Integrates to the company’s CRM to update the customer record.

Attachments to quotes

PDFs, contracts, videos, etc can be attached to quotes and/or proposals.

Renewal management

Includes features for managing renewals and recurring (subscription) payments.

Order capturing

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.

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Tacton CPQ

Overview

What is Tacton CPQ?