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
Louis B.
- Role: Finance
- Industry: Technology
- Involvement: End User of Application
Submitted Jul 2022
Highly adaptable and powerful CPQ
Likeliness to Recommend
What differentiates Oracle CPQ from other similar products?
Since we started using Oracle CPQ we observed an incredible improvement in our revenue stream so that is why this has become more and more important for our company to boost our income and productivity. We may create complex sales quotes fast and correctly using Oracle CPQ. Oracle CPQ is adaptable and the most effective CPQ platform.
What is your favorite aspect of this product?
It automates the entire process after consolidating the necessary data, which includes configurations, pricing, discounts, bulk orders, and other factors. Oracle CPQ is dramatically reducing the time and cost we spend to quote. Through the speedier delivery of product or service suggestions, customized setups, and pricing, Oracle CPQ has enabled our business to shorten our sales cycle. The product has met our all expectations.
What do you dislike most about this product?
A daunting task of main setup and certain extensive customizations, and configurations may be present at the beginning that can't be done without IT assistance. But when it is used properly according to the support service guidelines, it seems to be very obvious and is simple to modify to our company needs.
What recommendations would you give to someone considering this product?
We are all aware that a shorter sales cycle, quicker contract closure, and a quick shift to the next prospect all contribute to a greater and more effective ROI. However, to accomplish these goals, you will need Oracle CPQ because it is the only CPQ platform that not only shortens the time but also the costs associated with quoting.
Pros
- Helps Innovate
- Trustworthy
- Unique Features
- Inspires Innovation
Darlene l.
- Role: Information Technology
- Industry: Finance
- Involvement: End User of Application
Submitted Jul 2022
Service numerous environments at once
Likeliness to Recommend
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.
Pros
- Effective Service
- Caring
- Fair
- Acts with Integrity
Kim C.
- Role: Sales Marketing
- Industry: Technology
- Involvement: End User of Application
Submitted Dec 2021
Powerful toolset which is also easy to use.
Likeliness to Recommend
What differentiates Oracle CPQ from other similar products?
Data/Product Integration with Salesforce Approval management Customizations
What is your favorite aspect of this product?
Customization, Streamlined approvals
What do you dislike most about this product?
Formatting of Statement of work for quotes can be difficult to work with
What recommendations would you give to someone considering this product?
Its a great product, especially when used with Salesforce
Pros
- Enables Productivity
- Helps Innovate
- Continually Improving Product
- Reliable
