• Apttus: Ai-Powered Quote-To-Cash Processing

  • Top 10 Companies Providing CPQ Solution - 2018

    Companies of all kinds often face a similar challenge: to produce precise, professional, and quick sales quotes for prospects while eliminating errors and inefficiencies. Ideally, salespeople can provide each customer with the proper proposal based on their specific needs and wishes. A CPQ tool can be enormously beneficial to a business for optimizing pricing while making complex quoting more efficient. CPQ software automates a large portion of the quote and proposal process while maintaining customized and customizable offers.

    In sales departments of companies, CPQ software can be used to speed up the sales process while improving quote accuracy and customer relationships. These software products can enable companies to determine the needs of a customer and provide them with custom quotes that best fit those particular needs. With CPQ, companies can deliver a better-unified experience to partners and distributors. As these CPQ solutions can be integrated, enterprises that are heavily dependent on the conventional tools and practices can have a level playing field. In tandem with the technological advancements, cloud CPQ solutions that can scale up as companies grow, offer first mobile approaches and easy integration with Customer Relationship Management (CRM) systems, would be the clear winners.

    This edition of CIO Applications brings you the “Top 10 CPQ Solution Providers 2018”. This list gives you some of the most prominent CPQ organizations in the industry. The proposed list of companies aims to help organizations meet their requirements to strengthen their business processes

    Top configure price quote (CPQ) Companies 2018

    Experlogix
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    For Microsoft Dynamics and NetSuite CRM and ERP systems, Experlogix provides fully integrated quote and order automation solutions. Experlogix is the leader in Microsoft Dynamics, Salesforce, and NetSuite Configure, Price, Quote (CPQ) solutions. The company provides powerful yet easy-to-implement product configurator technology is enabling fast and error-free creation of quotes and orders by sales reps, customers or channel partners. Experlogix has been successful in implementing CPQ solutions in a wide range of industries for over a decade. Its robust modeling architecture adheres to virtually all products and processes, meaning smooth and fast implementation. Up-sell and cross-sell from Experlogix improves the bottom line with smart product recommendations that boost sales and margins. To help sales move faster and more accurately, Experlogix CPQ simplifies the quote-to-order process. ... read full profile
    Price f(x)
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    Price f(x) provides a complete pricing and CPQ solution that is easy to use, flexible and risk-free. Price f(x) AG also provides full suite price management and CPQ SaaS solutions. Based on native cloud architecture, the company's suite offers flexible support for the entire closed loop price management cycle that includes pricing structure, controlling, setting, and realization. Their solution is suitable for customers from B2B and B2C and can serve a wide range of industries. The platform is also designed to address commercial organizations' specific pricing challenges of any size or for geographic location. The vision of Price f(x) is to become the leading provider of pricing solutions for SaaS by offering a flexible and easily implemented tool. ... read full profile
    BizTBaa
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    BizTBaa offers a business application that allows companies to process orders for configurable, multi-optional and customizable products and services in an efficient manner. Within the Salesforce platform, the company offers the best and easiest and native way to automate CPQ. OneCPQ guides the sales representative in picking and choosing from all that the company offers to create a comprehensive solution for the customer. The deep but simple configuration of the company enables them to create quotes faster than ever before. This implies that all available options and their respective costs will be presented to the customer. The OneCPQ Rule Engine works with any complex configurations and continues to perform incredibly well. No longer time to load or switch back and forth between multiple views. ... read full profile
    Vendavo
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    Vendavo is a B2B digital trade company that provides a platform for CPQ, business excellence with guidance on pricing, price optimization, and pricing analytics. For the most demanding B2B companies in the world, the company is enabling the shift to digital business, unlocking value, increasing margin and accelerating revenue. Companies develop dynamic customer insights and optimal pricing strategies with the Vendavo Commercial Excellence platform, maximizing margin, boosting sales efficiency and improving customer experience. The company offers cutting-edge analytics and deep industry skills to help companies stay one step ahead of the game. The packaged solution based on Vendavo's Intelligent CPQ cloud allows the company to maximize profit and win more deals with each quote. ... read full profile
    Apttus
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    Apttus automates quote-to-cash (QTC) processes including price quote configuration (CPQ), contract management, e-commerce, and revenue management. Apttus Intelligent Cloud, the hybrid cloud platform uses Salesforce, Microsoft and IBM's most advanced technologies. For Quote-to-Cash (QTC) and Contract Lifecycle Management (CLM) solutions, analysts rank Apttus as the global gold standard. The innovations of Apttus include Max, the Applied Artificial Intelligence company that allows companies to achieve superior business results. Apttus CPQ Named a 2018 CPQ Application Suites Leader in the Gartner Magic Quadrant. Leading companies are gaining improvements in new leads, cross-selling / up-selling, and sales cycle times by a factor of five or more with Apttus Intelligent CPQ software. These sales leaders streamline the practices of their global organizations and increase the efficiency, margins, and revenue of their sales. ... read full profile
    FPX
    FPX simplifies the purchase and sale of Configure-Price-Quote (CPQ) experiences, aligning businesses with modern omnichannel customers' expectations. FPX CPQ enables businesses to increase revenue, improve margin, and keep customers coming back over and over again with a superior experience associated with the customer lifecycle inclusive of phases like discovery to purchase to renewal. Product integrations and template implementation models tailored to core technologies, including SAP, Salesforce, Microsoft, Oracle, IBM, Adobe and others, enable easy deployment of FPX CPQ within unique or diverse technology ecosystems. With the company’s CPQ, many leading organizations optimize buying and selling experiences across their channels of sales, partners, and e-commerce in turn resulting in increased revenue and profit margins and empowered IT assets.
    Infor
    Infor provides the power of advanced CPQ technology to cut costs and boost profits of the entire organization's network. The company builds complete cloud-based industry suites and deploys technology efficiently that puts the user experience first, leverages data science, and easily and quickly integrates into existing systems. By illustrating how transparency, collaboration, and accountability foster better business outcomes, Infor's diverse leadership team sets the bar for all 17,000 + global employees. With InforCloudSuite Configure Price Quote Software (CPQ), it is possible to sell complex products faster from the opportunity to close, eliminate costly errors and speed up the sales cycle. Because the solution places CPQ capabilities at the center of the sales process, it can provide the sales reps with a substantial competitive advantage and a faster path from engagement to customer journey conversion.
    Oracle
    Oracle gives a CPQ solution that helps boost profit margins and increases sales productivity and accurately captures orders to generate quotes within minutes for complex products and services. The company makes CRM and ERP systems more effective and delivers significant benefits, reduced sales cycle, and 100 percent data accuracy throughout the quote-to-cash process—in both large and medium-sized enterprises. Oracle CPQ Cloud is the only business-grade cloud solution that supports the entire quote-to-cash process—from customer inquiry to order fulfilment. The proven benefits of Oracle CPQ Cloud, including price consistency, and discounts across multiple channels and product lines, have been leveraged by leading organizations. The company allows them to produce unprecedented customer experience across all channels while increasing user acceptance, and average size and volume of the deal.
    Salesforce
    Salesforce Lightning enables to automate CPQ, making it possible to close better contract deals more quickly. The applications by the company help the businesses to connect with customers in completely new ways. Most of the companies worldwide have chosen Salesforce as their CRM to assist them in streamlining how they connect with customers to make larger deals and increase ROI. Salesforce CPQ and Billing work with Sales Cloud and Service Cloud to easily extend functionality to all customer-facing teams and provide a 360-degree view of the customer to all teams.
    Yagna
    Yagna offers a CPQ solution that tailors organizations through product configuration swiftly and gives recommendations for upselling and cross-selling. Yagna is a cloud-based solution based on SaaS that ensures the latest updates in a secure environment for all ecosystem users. The company's CPQ enables all the customers, partners, and manufacturers to connect, communicate, and work together to drive positive business outcomes. As sales networks become increasingly complex–from single channels to cross-channels and from local suppliers to global manufacturers–the challenges for sales teams are becoming more challenging to incorporate systems and manage shared processes. The Configure-Price-Quote feature of Yagna's SWL Platform addresses these challenges.