CPQ (Configure, Price, Quote) softwares are very common, from small company to the large enterprises, CRM and CPQ are common to find, there are many benefits of these programs, and there are also many vendors out there as well. In this page, I’m going to just focus on the top 5 as pear Gartner. There is also another CPQ called FPX, which acquired Intelliquip, a niche CPQ platform specialized for Engineering-heavy configuration, but it is not in ‘Leaders’ group anymore. Also, worth mentioning is servicePath, a Canadian CPQ company, I’ve met their CEO, very promising for sure.
Salesforce CPQ
Salesforce CPQ, previously called Steelbrick, is one of the most common CPQ platforms out there; it comes with some very good out of box functions, making it attractive for many companies.
Model different deal scenarios for complex quotes using predefined pricing and discount guidance, including one-time, recurring, and usage-based pricing models.
Oracle CPQ
Oracle CPQ, which many people still remember it as BigMachines, is one of the veteran in CPQ world. It is a very powerful platform, as it allows customization of pretty much everything. For a very complex product configuration and very complex pricing, this might meet the need of some companies. However, being a CPQ that needs customization, the customization comes with higher cost of implementation and maintenance.
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SAP CPQ (Callidus Cloud)
Few years back, SAP bought Callidus Cloud and branded it as SAP CPQ. It was a wise decision for sure, as the previously known ‘SAP CPQ’ couldn’t get enough traction. From my friend who’s implementing SAP CPQ (Callidus), it seems to be a very good choice for large enterprises.
