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10+ IBM CPQ Alternatives and Competitors

IBM CPQ

4.4 User Rating
$800 M Revenue
5000+ No of Employees
1983 Founded
SaaS Industry
CPQ Software Category
Kwame Awuku CEO
Overview

IBM CPQ or IBM Sterling CPQ is another robust CPQ software programmed to simplify businesses' selling processes. This software transforms every CPQ process, thanks to its high-end capabilities such as process modeling, quote management, pricing management, and more. On top of that, IBM CPQ has the capacity to provide the best CPQ user experience while users can focus on leveraging sales productivity, thanks to its highly automated functionalities that transform buying and selling processes. Designed under IBM's comprehensive technology solutions, IBM CPQ has the capacity to assist e-commerce customers, such as sales teams, call-center representatives, and other sales-driven operation to select the right products and ensure pricing accuracy. Since its availability in the market, IBM CPQ becomes the go-to platform for hundreds of businesses and individual users worldwide, making the app branded as one of the best CPQ platforms in today's market. Additionally, IBM CPQ also establishes a recognition as one of the highest-earning CPQ software, with annual revenue of $800 million.

Alternatives

Logo Name Rating CEO Pricing Founded Revenue Employees Location Reviews Customers
Apttus CPQ 4.6 Frank Holland $35 2006 $5 M 1000+ California 3000+ Reviews N/A
Salesforce CPQ 4.6 Bob Stutz $75 1999 $57.2 M 49000+ San Francisco 3790+ Reviews N/A
SAP CPQ 4.6 Christian Klein Custom 1990 $2.8 B 100330+ California 1888+ Reviews 320000+
Oracle CPQ 4.5 Safra Catz $149 1977 $39.5 B 136000+ ‎Redwood City 4000+ Reviews 10000+
Configure One 4.4 Michael (Mick) McDonnell Custom 2000 $7.5 M 200+ Illinois 2000+ Reviews 2000+
KBMax 4.7 Kevin Bennett $100 2003 $5.1 M 22+ Austin 3000+ Reviews 3300+
DealHub 4.5 Eyal Elbahary Custom 2014 $15.7 M 60+ California 2900+ Reviews 4500+
PandaDoc CPQ 4.5 Mikita Mikado Custom 2011 $18.5 M 250+ San Francisco 1987+ Reviews 17000+
Infor CPQ 4.6 Kevin Samuelson Custom 2002 $2.8 M 17000+ New York 1878+ Reviews 68000+
QuoteWerks 4.3 Frank Holland $15 1993 $5.2 M 50+ Florida 3000+ Reviews 86000+

Reviews

“ Your sales can be more organized through IBM CPQ ”

4.8/5 (overall) - Arilene M
Pros:
  • Provides associated quotes through the life cycle of the opportunity, until the opportunity is either won or lost.
  • You can store all the information you require during the quoting process, including customer details, information about products and the adjustment made to the price of products, and the payment terms and shipment terms that will be used in the order if the quote is converted to an order.
Cons:
  • There were widespread frustrations throughout sales and call center with CPQ originally. But really the reason why CPQ tools are complex is because CPQ processes are complex things to implement.
  • Users today want all the flexibility with none of the complexity. It is one of the biggest challenges in my day-to-day.

“ Improve your sales with IBM CPQ ”

4.2/5 (overall) - Yudith Marlene A
Pros:
  • The positive aspects that offers you this application is initially evaluate your process within the company for your sales
  • If it is the most appropriate or if on the contrary is not having the expected results, this application
Cons:
  • Only allows you to use or request a demo to test the software for sale
  • Has no visible prices or plans of what ibm offers to consumers

“ Very easy to use and efficient ”

3.3/5 (overall) - Verified User
Pros:
  • Configure, and the clásico designado un black
  • It’s really easy to use, and easy to understand.
Cons:
  • Square shape, is so clásico, we need tale a Rick of change
  • I really dont have any negative things to say but sometimes it has issues stopping.

Features

  • Access Control
  • Analytics
  • API
  • Accounting Integration
  • Application Integration
  • Automated Billing
  • CRM Integration
  • Campaign Analysis
  • Campaign Management
  • Collaborative Workspace
  • Collaboration Tools
  • Team Collaboration
  • Security
  • Email Notifications

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Q & A

What is IBM CPQ?

IBM CPQ or IBM Sterling is an advanced configure, price, quote software developed by IBM and designed for large enterprises and organizations. This app provides users with high end CPQ solutions that can handle complicated quoting processes for your company’s products and services. IBM CPQ aims to make your workflow more efficient and also improve your customer’s buying journey by enabling you to streamline your sales processes.

How much does IBM CPQ cost?

IBM CPQ only provides interested customers with a quote based pricing system. This means you need to get in touch with a sales representative from IBM CPQ so that they can provide you with an exact price quote. You can get started with requesting a price quote by going to the IBM CPQ website. From there, they offer you two contact options: via email or via phone call.

Does IBM CPQ offer a free trial?

Unfortunately, there is no free trial available for potential users of the IBM CPQ software. What the platform offers instead is a free consultation with an IBM representative so that they can discuss the details of the app’s functionality and how it can help your business grow. Aside from that, IBM CPQ also features a downloadable PDF file, containing a solution brief of its CPQ system.

Does IBM CPQ offer mobile access?

Although IBM CPQ does not have a mobile application, users of the platform can still access their accounts through their smartphone’s mobile web browser. That is because IBM CPQ is a cloud-based software, which also means that all computations of your processes are done on their cloud servers. However, this would mean that accessing your profile on your mobile browser would highly depend on your internet connection.

Is IBM CPQ a cloud-based software?

As mentioned above, IBM CPQ is a cloud-based app which offers much needed flexibility itself. However, if interested in having more control and customization options, you can also opt for an on-premise deployment. This means that the IBM CPQ app will be installed on your organization’s local server rather than with IBM’s.

Is IBM CPQ easy to use?

IBM CPQ does not have a user-friendly system which means that there is a learning curve when using the app for the first time. However, the learning curve is not quite steep and users can quickly learn how to use the app effectively.

Alternatives

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