The Ultimate Guide to the Top 15 CPQ Software Solutions
Welcome to our comprehensive guide highlighting the “Top 15 CPQ Software Solutions.” Configure, Price, Quote (CPQ) software plays a pivotal role in streamlining sales processes, optimizing pricing, and generating accurate quotes. In this overview, we’ll introduce you to the leading CPQ software vendors, each renowned for their unique features and contributions to enhancing sales efficiency.
1. Salesforce CPQ
- Company Name: Salesforce
- Founders: Marc Benioff, Parker Harris
- Founded Year: 1999
- Headquarters: San Francisco, California, USA
- Awards Received: Various awards for CRM and cloud computing.
- Product Categories: CPQ, CRM, and various other cloud-based solutions.
- Description: Salesforce CPQ is a leading CPQ software that seamlessly integrates with Salesforce’s CRM platform. It streamlines the quoting process, increases sales efficiency, and ensures accurate pricing.
- Key Features:
- Guided selling and product configuration.
- Automated pricing and discount management.
- Integration with CRM data for personalized quotes.
- Approval workflows and quoting analytics.
- Mobile accessibility for on-the-go sales teams.
2. Oracle CPQ Cloud
- Company Name: Oracle
- Founders: Larry Ellison, Bob Miner, Ed Oates
- Founded Year: 1977
- Headquarters: Redwood City, California, USA
- Awards Received: Multiple awards for cloud services and enterprise solutions.
- Product Categories: CPQ, ERP, database, and cloud services.
- Description: Oracle CPQ Cloud offers a robust solution for configuring complex products, pricing accurately, and generating quotes efficiently. It’s part of Oracle’s comprehensive suite of enterprise software.
- Key Features:
- Product configuration and guided selling.
- Dynamic pricing and discounting.
- Integration with CRM and ERP systems.
- Document generation and e-signature capabilities.
- Analytics for sales performance and quote optimization.
3. SAP CPQ
- Company Name: SAP
- Founders: Dietmar Hopp, Hasso Plattner, Claus Wellenreuther, Klaus Tschira, and others
- Founded Year: 1972
- Headquarters: Walldorf, Germany
- Awards Received: Awards for various enterprise software solutions.
- Product Categories: CPQ, ERP, CRM, and cloud solutions.
- Description: SAP CPQ, part of the SAP Sales Cloud, helps businesses simplify complex quoting processes and enhance sales effectiveness through guided selling and pricing optimization.
- Key Features:
- Guided selling and product configuration.
- Dynamic pricing and discount management.
- Integration with SAP’s suite of business applications.
- Advanced analytics for sales performance.
- Mobile access for sales teams.
4. IBM CPQ
- Company Name: IBM
- Founders: Charles Ranlett Flint
- Founded Year: 1911
- Headquarters: Armonk, New York, USA
- Awards Received: Multiple awards for AI, cloud, and enterprise solutions.
- Product Categories: CPQ, AI, cloud computing, and consulting services.
- Description: IBM CPQ leverages AI to enhance the configuration, pricing, and quoting processes. It’s part of IBM’s comprehensive suite of enterprise services.
- Key Features:
- AI-driven product configuration and recommendations.
- Pricing optimization and discount management.
- Integration with CRM and ERP systems.
- Document generation and e-signature capabilities.
- Sales performance analytics.
5. PROS Smart CPQ
- Company Name: PROS Holdings, Inc.
- Founders: Andres D. Reiner, Ronald F. Woestemeyer
- Founded Year: 1985
- Headquarters: Houston, Texas, USA
- Awards Received: Recognized for AI-driven pricing and revenue management.
- Product Categories: CPQ, pricing optimization, and revenue management.
- Description: PROS Smart CPQ is an AI-powered solution that helps businesses optimize pricing and quoting, driving increased sales and profitability.
- Key Features:
- AI-driven pricing and quoting recommendations.
- Real-time pricing and discounting strategies.
- Integration with CRM and ERP systems.
- Analytics for sales and pricing performance.
6. CallidusCloud CPQ
- Company Name: CallidusCloud (a SAP company)
- Founders: Leslie Stretch, Giles House
- Founded Year: 1996
- Headquarters: Dublin, California, USA
- Awards Received: Recognized for sales performance and CPQ solutions.
- Product Categories: CPQ, sales performance management, and incentive compensation.
- Description: CallidusCloud CPQ streamlines the quoting process and helps organizations improve their sales effectiveness through guided selling and accurate pricing.
- Key Features:
- Guided selling and product configuration.
- Dynamic pricing and discount management.
- Integration with CRM and ERP systems.
- Analytics for sales and quoting performance.
- Mobile accessibility for sales teams.
7. Configure One CPQ
- Company Name: Configure One
- Founders: Alan Kay
- Founded Year: 2000
- Headquarters: Oak Brook, Illinois, USA
- Awards Received: Recognized for CPQ and product configurator solutions.
- Product Categories: CPQ and product configurator software.
- Description: Configure One CPQ is a robust solution for complex product configuration and quoting, helping businesses streamline their sales processes.
- Key Features:
- Advanced product configuration and visualization.
- Dynamic pricing and discount capabilities.
- Integration with CRM and ERP systems.
- Document generation and proposal management.
- Reporting and analytics for quoting and sales performance.
8. Experlogix CPQ
- Company Name: Experlogix
- Founders: Chris Belin
- Founded Year: 1996
- Headquarters: South Jordan, Utah, USA
- Awards Received: Recognized for CPQ solutions.
- Product Categories: CPQ and quote-to-order software.
- Description: Experlogix CPQ specializes in quote and order automation, enabling businesses to create accurate quotes and orders quickly.
- Key Features:
- Advanced product configuration and visualization.
- Dynamic pricing and discount management.
- Integration with CRM and ERP systems.
- Proposal and document generation.
- Analytics for sales and quoting performance.
9. KBMax CPQ
- Company Name: KBMax
- Founders: Chris and Todd Krizelman
- Founded Year: 2017
- Headquarters: Austin, Texas, USA
- Awards Received: Recognized for CPQ solutions.
- Product Categories: CPQ and 3D product configurator software.
- Description: KBMax CPQ offers a visual and interactive product configuration solution, empowering sales teams to create accurate quotes and orders.
- Key Features:
- 3D product configuration and visualization.
- Pricing optimization and discount management.
- Integration with CRM and ERP systems.
- Proposal and document generation.
10. Cincom CPQ
- Company Name: Cincom Systems
- Founders: Tom Nies
- Founded Year: 1968
- Headquarters: Cincinnati, Ohio, USA
- Awards Received: Recognized for CPQ and enterprise solutions.
- Product Categories: CPQ, ERP, and document management.
- Description: Cincom CPQ provides advanced configuration and quoting capabilities, enhancing sales efficiency and accuracy.
- Key Features:
- Advanced product configuration and visualization.
- Dynamic pricing and discount management.
- Integration with CRM and ERP systems.
- Proposal and document generation.
11. DealHub CPQ
- Company Name: DealHub
- Founders: Eyal Elbahary, Amitai Ratzon
- Founded Year: 2012
- Headquarters: Herzliya, Israel
- Awards Received: Recognized for its CPQ and sales engagement platform.
- Product Categories: CPQ, sales engagement, and revenue optimization.
- Description: DealHub CPQ offers a comprehensive solution for configuring, pricing, and quoting, while also providing sales engagement and analytics tools.
- Key Features:
- Guided selling and product configuration.
- AI-driven pricing and discount management.
- Integration with CRM and sales engagement tools.
- Real-time analytics for sales performance.
12. CloudSense CPQ
- Company Name: CloudSense
- Founders: Richard Britton, Dave Tinnelly
- Founded Year: 2009
- Headquarters: London, UK
- Awards Received: Recognized for its CPQ and industry-specific solutions.
- Product Categories: CPQ, order management, and industry-specific cloud solutions.
- Description: CloudSense CPQ focuses on industry-specific solutions and streamlines the quoting and order management processes.
- Key Features:
- Product configuration and pricing optimization.
- Integration with industry-specific applications.
- Order management and contract generation.
- Advanced analytics for sales and operations.
13. Axonom Powertrak CPQ
- Company Name: Axonom
- Founders: Mike Belongie, Glen Mandernacht
- Founded Year: 2002
- Headquarters: Minneapolis, Minnesota, USA
- Awards Received: Recognized for its CPQ and partner relationship management solutions.
- Product Categories: CPQ, partner relationship management, and visual configurator.
- Description: Axonom Powertrak CPQ offers a suite of solutions, including CPQ and partner relationship management, to enhance sales and partner engagement.
- Key Features:
- Visual product configuration and quoting.
- Partner portal and collaboration tools.
- Integration with CRM and ERP systems.
- Analytics for sales and partner performance.
- Mobile access for partners and sales teams.
14. Tacton CPQ
- Company Name: Tacton
- Founders: Nils Olsson
- Founded Year: 1998
- Headquarters: Chicago, Illinois, USA
- Awards Received: Recognized for its CPQ and smart manufacturing solutions.
- Product Categories: CPQ, smart manufacturing, and visual configurator.
- Description: Tacton CPQ specializes in manufacturing-specific solutions, enabling businesses to configure, price, and quote complex products.
- Key Features:
- Visual and rule-based product configuration.
- Dynamic pricing and discount management.
- Integration with CAD and PLM systems.
- Advanced analytics for manufacturing and sales.
- Scalable for various manufacturing industries.
15. Apparound CPQ
- Company Name: Apparound
- Founders: Alessandro Cattani
- Founded Year: 2008
- Headquarters: Pisa, Italy
- Awards Received: Recognized for its CPQ and mobile sales solutions.
- Product Categories: CPQ, mobile sales, and quoting.
- Description: Apparound CPQ provides mobile sales teams with tools for configuring products, pricing, and generating quotes on the go.
- Key Features:
- Mobile product configuration and quoting.
- Offline accessibility for sales teams.
- Integration with CRM and ERP systems.
- Analytics for sales performance.
