Oracle CPQ

What differentiates Oracle CPQ from other similar products?

Our complicated goods are configured using Oracle CPQ, which also generates bids and orders. In favor of the brand-new cloud-based CPQ software, we replaced the outdated Oracle Configurator. Even though there are numerous advantages, the main one is our capacity to anticipate accurately and identify trends in the market and the behavior of goods and services.

What is your favorite aspect of this product?

Our enterprise chooses to expedite the full opportunity-to-quote-to-order process with Oracle Configure Price Quote (Oracle CPQ), including product selection, configuration, pricing, quoting, purchasing, and approval procedures. I like each aspect of Oracle CPQ. We generate and renew quotes, and agreements, renew them, edit them, copy them, manage prices, and discounts, manage approvals using workflows, issue alerts, create outputs, utilize reports, and use a variety of interfaces connecting to CRM, ERPS, integrators, etc. in our system.

What do you dislike most about this product?

Price is an issue, as it is with practically every Oracle product. Setting up rules and configurations might take time as well, depending on how complicated our items are. Our system's most challenging component is documented since we still utilize the original Document Designer, an antiquated tool that is difficult to use.

What recommendations would you give to someone considering this product?

I suggest it because of the aesthetic features of CPQ and the extensive customizability that provide an excellent user experience. For cost estimation, we utilize Oracle CPQ. All of our apps use CPQ, which is our pricing engine, to obtain the final list price. The pricing feature allows for varied price reductions based on different time commitments.

What differentiates Oracle CPQ from other similar products?

There aren't many products on the market that will provide the kind of tangible, quantifiable return on investment but the Oracle CPQ is capable of doing so. The best ever aspect is that it can serve numerous environments at once and is not dependent on ERP applications. To improve the efficiency of deal management and quoting procedures we only trust Oracle CPQ.

What is your favorite aspect of this product?

Oracle CPQ Platform is an amazing and interactive CPQ technology. We no longer need to spend time and money contacting product specialists to get advice on how to position a product for customers because every tool and feature we need is available within the toolbox of Oracle CPQ. When it comes to native connectors, the Oracle CPQ suite outperforms competitors.

What do you dislike most about this product?

Internet speed can occasionally cause problems with lost data and latency. If the Internet speed is slow the entire quoting process took a little too long to finish. Some new features are more effective than old ones but they need deep comprehension and if you don't have enough knowledge about their usage they will give an incomplete feel.

What recommendations would you give to someone considering this product?

A strong subscription selling basis will be provided by Oracle CPQ to its users. It guides its users through the entire process of developing a seamless subscription service because it was smartly designed to host, administer, maintain, and enhance complicated configurations and pricing. Any business looking for a robust CPQ platform should choose it with confidence.