About IBM Sterling CPQ
IBM Sterling CPQ is a configure, price, quote software from IBM that changes and automates the configuration, pricing, and quoting of complex products. It combines configure, price, and quote functionalities so organizations can improve their sales processes. The software supports various product configurations, accurate pricing models, and instant quote generation. Key capabilities: Configuration management Pricing improvement Quoting automation Integration with CRM systems Reporting and analytics Best for: sales teams that need to quickly create accurate quotes and manage complex product offerings efficiently.
IBM Sterling Configure, Price, Quote (CPQ) is a powerful enterprise-level solution designed to streamline and automate the intricate processes of configuring products, pricing them appropriately, and generating accurate quotes. Developed by IBM as part of its broader Sterling suite, this CPQ solution is tailored for businesses dealing with complex product catalogs and varied pricing structures. The software excels in its ability to unify sales processes across diverse channels, ensuring that whether a quote is generated online, over the phone, or in person, it maintains consistency and precision. By offering a centralized system for managing product configurations and pricing rules, IBM Sterling CPQ helps organizations eliminate manual errors, reduce turnaround time, and enhance customer satisfaction. One of the most notable aspects of IBM Sterling CPQ is its user interface, which is structured to be logical and user-friendly. It offers customizable workspaces suited to the specific needs of different roles, such as sales representatives, partners, or customer service agents.
Pros & Cons
- +Excellent for tracking, organizing, and managing sales and products.
- +Packed with features to enhance the selling experience.
- −Somewhat complex to use, requiring time to fully grasp.
- −Mobile functionality could be improved for better accessibility
Features
Key features
- Guided Selling
- Directs users through the selection process with questions and rules to ensure accurate configurations.
- Visual Configuration
- Provides an interactive, visual way for users to customize complex products and services.
- Pricing Management
- Centralizes and automates pricing rules, discounts, and promotions for consistent quotes.
- Quoting and Proposal Generation
- Enables the creation of professional, accurate, and branded quotes and proposals quickly.
- Workflow and Approval Management
- Streamlines the quoting process with defined workflows and approval hierarchies.
Additional features
- Guided Selling
- Directs users through the selection process with questions and rules to ensure accurate configurations.
- Visual Configuration
- Provides an interactive, visual way for users to customize complex products and services.
- Pricing Management
- Centralizes and automates pricing rules, discounts, and promotions for consistent quotes.
- Quoting and Proposal Generation
- Enables the creation of professional, accurate, and branded quotes and proposals quickly.
- Workflow and Approval Management
- Streamlines the quoting process with defined workflows and approval hierarchies.
- Integration Capabilities
- Connects with CRM, ERP, and other systems for seamless data flow and process integration.
- Partner Management
- Extends CPQ capabilities to channel partners with specific portals and access controls.
- Mobile Access
- Allows sales teams and partners to create and manage quotes on mobile devices.
- Rules Engine
- Enforces business logic and constraints during configuration and pricing to prevent errors.
- Product Catalog Management
- Maintains a centralized repository of product information, pricing, and rules.
- Multi-Channel Support
- Provides a consistent quoting experience across various sales channels, including online and direct sales.
- Contract Management
- Manages contract terms and conditions within the quoting process.
- Order Conversion
- Facilitates the seamless conversion of approved quotes into sales orders.
- Reporting and Analytics
- Offers insights into quoting activity, sales performance, and trends.
- Customization and Extensibility
- Allows businesses to tailor the solution to their specific needs and integrate with other systems.
Pricing
Countries & Languages
Interface languages
Billing currencies
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About IBM Sterling CPQ
IBM Sterling CPQ is a configure, price, quote software from IBM that changes and automates the configuration, pricing, and quoting of complex products. It combines configure, price, and quote functionalities so organizations can improve their sales processes. The software supports various product configurations, accurate pricing models, and instant quote generation. Key capabilities: Configuration management Pricing improvement Quoting automation Integration with CRM systems Reporting and analytics Best for: sales teams that need to quickly create accurate quotes and manage complex product offerings efficiently.
IBM Sterling CPQ Details
IBM Sterling CPQ's In-App Market Place
Does IBM Sterling CPQ have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
Usd ($), Eur (€), Gbp (£), Aud (A$), Cad (C$), Jpy (¥), Cny (¥), Hkd (Hk$), Sgd (S$), Try (₺), Rub (₽), Ils (₪), Sek (kr), Chf (chf).
Pros & Cons
- Excellent for tracking, organizing, and managing sales and products.
- Packed with features to enhance the selling experience.
- Somewhat complex to use, requiring time to fully grasp.
- Mobile functionality could be improved for better accessibility
IBM Sterling CPQ's Support Options
IBM Sterling CPQ's Alternatives
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