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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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Oracle CPQ Ratings
Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard
to access more information on Oracle CPQ.
Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.
86 Likeliness to Recommend
2
Since last award
82 Plan to Renew
12
Since last award
77 Satisfaction of Cost Relative to Value
Emotional Footprint Overview
Product scores listed below represent current data. This may be different from data contained in reports and awards, which express data as of their publication date.
+90 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
How to read the Emotional Footprint
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
Negative
Neutral
Positive
Feature Ratings
Visual Configuration
Rules Engine
Application Integration
Product and Service Configuration
Workflow & Approvals
Guided Selling
Reporting and Analytics
Catalog Management
Renewal Management
Mobile
Discounting Management
Vendor Capability Ratings
Ease of Customization
Availability and Quality of Training
Quality of Features
Vendor Support
Business Value Created
Ease of Data Integration
Usability and Intuitiveness
Product Strategy and Rate of Improvement
Ease of IT Administration
Ease of Implementation
Breadth of Features
Oracle CPQ Reviews
Stephen L.
- Role: Sales Marketing
- Industry: Technology
- Involvement: End User of Application
Submitted Jul 2022
The easiest tool to utilize
Likeliness to Recommend
What differentiates Oracle CPQ from other similar products?
Oracle CPQ effectively addresses the lack of a formal quote-to-cash procedure at various businesses I've worked with. It is inefficient for an organization to be run by separate systems that handle things like bids, quotations, etc.
What is your favorite aspect of this product?
In our business, Oracle CPQ and Salesforce are linked. It is utilized to generate quotations by many of our important business units. It is used by sales professionals to set up quotations for possible orders. We also intended it to serve as a pricing hub; I like its ability to function as a pricing hub when a variety of apps use it. We could have improved the information model, the set of recommendations, and a lot of other elements.
What do you dislike most about this product?
The biggest loss to the product is a lack of training in capabilities. Although a review of new capability is used, utilization of that performance is allowed for self-discovery as well as try and error as our unique system demands. The user interface might use some additional enhancements, but so far I haven't seen any significant flaws with this software.
What recommendations would you give to someone considering this product?
At the interface level, it offers a thorough depiction of the parts in a pleasing and simple layout. Since it is an Oracle product, along with other factors, its cost is considerable, but it may still be purchased without a bigger risk of investment loss. Compared to Oracle Configurator, which we are abandoning, it is a vast improvement.
Pros
- Caring
- Client Friendly Policies
- Acts with Integrity
- Client's Interest First
Please tell us why you think this review should be flagged.
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
Please tell us why you think this review should be flagged.
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
Please tell us why you think this review should be flagged.
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