Oracle CPQ Logo
Oracle CPQ Logo
Oracle

Oracle CPQ

Composite Score
7.3 /10
CX Score
7.7 /10
Get Demo

In Partnership With SelectHub

Claim Software
Category
Oracle CPQ
7.3 /10

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.

Company Details

Book a Free Demo Today!

See it in action with a free demo.

Click below to sign up on our partner's website.

Get Demo

In Partnership With SelectHub

Awards & Recognition

Oracle CPQ won the following awards in the Configure, Price, Quote category

Filter By

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


{y}
{name}

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?

7% Negative
4% Neutral
89% Positive

Pros

  • Helps Innovate
  • Continually Improving Product
  • Inspires Innovation
  • Respectful

Feature Ratings

Average 72

Visual Configuration

76

Rules Engine

75

Application Integration

75

Product and Service Configuration

75

Workflow & Approvals

74

Guided Selling

73

Reporting and Analytics

72

Catalog Management

71

Renewal Management

71

Mobile

70

Discounting Management

68

Vendor Capability Ratings

Average 75

Ease of Customization

81

Availability and Quality of Training

80

Quality of Features

78

Vendor Support

76

Business Value Created

76

Ease of Data Integration

75

Usability and Intuitiveness

72

Product Strategy and Rate of Improvement

72

Ease of IT Administration

71

Ease of Implementation

71

Breadth of Features

68

Oracle CPQ Reviews

Stephen L.

  • Role: Sales Marketing
  • Industry: Technology
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Jul 2022

The easiest tool to utilize

Likeliness to Recommend

8 /10

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

Louis B.

  • Role: Finance
  • Industry: Technology
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Jul 2022

Highly adaptable and powerful CPQ

Likeliness to Recommend

9 /10

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

Kim C.

  • Role: Sales Marketing
  • Industry: Technology
  • Involvement: End User of Application
Validated Review
Verified Reviewer

Submitted Dec 2021

Powerful toolset which is also easy to use.

Likeliness to Recommend

9 /10

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

Most Popular Oracle CPQ Comparisons