Oracle CPQ Review

Overview

Oracle CPQ Cloud (previously BigMachines) empowers you to automate the CPQ process and generate fully accurate quotes. The software helps you to choose appropriate products based on your consumers’ needs; configure multiple kinds of solutions, including subscriptions, services, and bundles; and produce bills of material (BOM) based on configurator options. In addition, you can utilize rules-powered search to find only products appropriate to your quoting scenario, business unit, or region.

Oracle CPQ offers pricing for subscriptions, services, and products based on options and features via automated pricing validations and rules. You can choose the discount level that improves the odds of gaining the deal without impacting margin. Plus, you can automate workflow approvals to remove bottlenecks.

Benefits

Reliable Platform

Oracle CPQ Cloud empowers sales teams to accurately close deals from any place. This reliable application includes modules for mid-market, channel partners, and e-commerce, which makes it an ideal program for sales reps. It is designed for agility and scale, and assists businesses to enhance customer experience, eliminate waste, increase sales, and boost margins.

Guide Your Consumers

The product configuration feature streamlines the configuration of both simple and complex systems with multiple services or products. It assists you to effortlessly produce BOM and routing based on the configurator options. The functionality works in combination with rules-driven search and guided selling capabilities to help you guide your consumers to select the best service and product for their needs. These tools aid you to offer your customers with services or products appropriate to their unit, quoting scenario, region, or business.

Apply Discounts

The software supports automated pricing rules and validations. This enables you to use feature-based pricing for complex items and ensure complete quote and price accuracy. Besides that, you can apply customer-centric, product, volume, and channel discounts. The automated processes help you to effortlessly monitor orders for evaluation and approval to minimize approval hitches and ensure commercial viability.

Other Main Features

Oracle CPQ Cloud facilitates straightforward quoting. With its proposal management module, you can produce branded proposals and customize accurate professional-looking documents to meet your consumers’ needs. The e-signature functionality eliminates the issue of paper-based quoting and scans and faxes. Your clients can sign quotes online which enables you to swiftly close the deals.

Product Features

Pricing

Oracle CPQ offers 3 pricing editions:

Standard Edition – from $130/user/month

• Searchable Product Catalog
• Configurable Products
• List and Customer-Specific Pricing
• Discounting
• Extensible Data Structures and Scripting
• Output Document Generation
• Workflow Approvals
• Included Test Environment
• CRM Integration with four leading SFAs
• Reliable Customer Support

Enterprise Edition – from $165/user/month

Includes all features of the Standard Edition, plus:

• Native Reporting Module
• Batch Transaction Export to Populate Data Warehouse
• Available Channel Sales Module
• Available E-commerce Module (interaction-based pricing)
• Available Database Encryption

Premium Edition – from $240/user/month

Includes all features of the Enterprise Edition, plus:

• Included Multi-Source Document Creation (2)
• Available Premium Support
• Included Database Encryption

For added pricing info, contact the vendor.