What is Oracle CPQ?
Oracle Configure, Price, Quote (CPQ) guides customers through a step-by-step process of entering a correctly configured and fully detailed purchase order. Once a correctly configured order is entered, the CPQ solution responds with a price quote including all the proper discounts, terms, and conditions for this specific customer. If the customer accepts the quote, it then becomes an order. The solution improves order accuracy, shortens sales cycles, and lowers operational costs. It is the only configure, price, quote solution available today that is designed to connect the front- and back-office.
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Real user data aggregated to summarize the product performance and customer experience.
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84 Likeliness to Recommend
4
Since last award
94 Plan to Renew
6
Since last award
77 Satisfaction of Cost Relative to Value
2
Since last award
Emotional Footprint Overview
+96 Net Emotional Footprint
The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.
How much do users love Oracle CPQ?
Pros
- Helps Innovate
- Continually Improving Product
- Inspires Innovation
- Respectful
Emotional Footprint
How to Read
Positive
Neutral
Negative
The Net Emotional Footprint measures high-level user sentiment towards particular product offerings. It aggregates emotional response ratings for various dimensions of the vendor-client relationship and product effectiveness, creating a powerful indicator of overall user feeling toward the vendor and product.
While purchasing decisions shouldn't be based on emotion, it's valuable to know what kind of emotional response the vendor you're considering elicits from their users.
Footprint
Feature Ratings
Product and Service Configuration
Quote Development and Administration
Guided Selling
Rules Engine
Multi Currency
Discounting Management
Catalog Management
Visual Configuration
Workflow & Approvals
Reporting and Analytics
Application Integration
Vendor Capability Ratings
Breadth of Features
Ease of Data Integration
Ease of Customization
Business Value Created
Quality of Features
Availability and Quality of Training
Ease of IT Administration
Ease of Implementation
Product Strategy and Rate of Improvement
Vendor Support
Usability and Intuitiveness
Oracle CPQ Reviews
Nivethitha I.
- Role: Information Technology
- Industry: Technology
- Involvement: IT Development, Integration, and Administration
Submitted Mar 2024
Easy to use but time consumable
Likeliness to Recommend
What differentiates Oracle CPQ from other similar products?
Improved margin
What is your favorite aspect of this product?
Does complex quoting
What do you dislike most about this product?
Requires a lot of time to sync which leaves work in pending
What recommendations would you give to someone considering this product?
To get a good margin and to calculate complex quote you can go for it
Pros
- Continually Improving Product
- Reliable
- Performance Enhancing
- Efficient Service
Wayne L.
- Role: Sales Marketing
- Industry: Finance
- Involvement: End User of Application
Submitted Nov 2022
Outlined Prices Setting Software
Likeliness to Recommend
What differentiates Oracle CPQ from other similar products?
Oracle CPQ sets the appropriate costs or price for every service.
What is your favorite aspect of this product?
Oracle CPQ has collaborative price setting procedures.
What do you dislike most about this product?
Oracle CPQ has drastic order in setting prices.
What recommendations would you give to someone considering this product?
Oracle CPQ brings clarity that suits business sales.
Pros
- Helps Innovate
- Performance Enhancing
- Efficient Service
- Inspires Innovation
Paul C.
- Role: Finance
- Industry: Finance
- Involvement: End User of Application
Submitted Sep 2022
Best in class for processing queries
Likeliness to Recommend
What differentiates Oracle CPQ from other similar products?
I've worked for a number of businesses without a proper quote-to-cash procedure, and this product completely fixes that problem. Oracle CPQ is efficient to run a company with various systems handling different tasks like proposals, bids, etc.
What is your favorite aspect of this product?
First, it makes us able to exchange data with Salesforce without interruption and be accessible through partner communities. We improved the information model, the set of guidelines, and a lot of other elements. A CPQ system that could create Routers and also boms as well as store and process all the models for both, for each item family, was one of our most important requirements and Oracle CPQ fulfilled these requirements.
What do you dislike most about this product?
We definitely would have preferred better product support. Currently, getting problems resolved requires a lot of follow-ups. Contrary to a number of other cloud solutions, Oracle CPQ Cloud does not include an interface that enables a user to update settings on a regular basis.
What recommendations would you give to someone considering this product?
The very best method for moving forward is Oracle CPQ. We need a better strategy and method if we want to increase the financial capacity of our company, which necessitates using advanced technology. This is where Oracle Order Management Cloud comes in so usefully so urge you to give it a try.
Pros
- Helps Innovate
- Reliable
- Unique Features
- Effective Service
