IBM Sterling Configure, Price, Quote vs. PROS Smart CPQ

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IBM Sterling Configure, Price, Quote
Score 7.9 out of 10
N/A
IBM Sterling CPQ transforms and automates configuration, pricing and quoting of complex products and services.N/A
PROS Smart CPQ
Score 8.0 out of 10
Enterprise companies (1,001+ employees)
PROS Smart CPQ automates and simplifies the configuration, pricing and quoting process for a sales team, empowering them to instantly create accurate, personalized solutions for each customer. The vendor says what makes Smart CPQ different is the unique combination of dynamic pricing science with configuration and quoting capabilities. This solution enables sales teams to instantly provide tailored solutions with winning prices to deliver an exceptional buying experience for each…
$60
per month per user
Pricing
IBM Sterling Configure, Price, QuotePROS Smart CPQ
Editions & Modules
No answers on this topic
Essentials
$60
per month per user
Advantage
$75
per month per user
Ultimate
Contact Sales
Offerings
Pricing Offerings
IBM Sterling Configure, Price, QuotePROS Smart CPQ
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeRequired
Additional Details
More Pricing Information
Community Pulse
IBM Sterling Configure, Price, QuotePROS Smart CPQ
Features
IBM Sterling Configure, Price, QuotePROS Smart CPQ
CPQ
Comparison of CPQ features of Product A and Product B
IBM Sterling Configure, Price, Quote
10.0
Ratings
14% above category average
PROS Smart CPQ
-
Ratings
Quote sharing/sending10.00 Ratings00 Ratings
Product configuration10.00 Ratings00 Ratings
Configuration options10.00 Ratings00 Ratings
Pricing rules10.00 Ratings00 Ratings
Price adjustment10.00 Ratings00 Ratings
Purchase history and open contracts10.00 Ratings00 Ratings
Guided selling/Sales portal10.00 Ratings00 Ratings
CPQ reporting & analytics10.00 Ratings00 Ratings
CPQ-CRM integration10.00 Ratings00 Ratings
Attachments to quotes10.00 Ratings00 Ratings
Order capturing10.00 Ratings00 Ratings
User Ratings
IBM Sterling Configure, Price, QuotePROS Smart CPQ
Likelihood to Recommend
9.5
(0 ratings)
6.0
(0 ratings)
Likelihood to Renew
-
(0 ratings)
6.0
(0 ratings)
Support Rating
10.0
(0 ratings)
-
(0 ratings)
User Testimonials
IBM Sterling Configure, Price, QuotePROS Smart CPQ
Likelihood to Recommend
Were it not for the fact that IBM CPQ lacks mobile and tablet applications, I would have recommended it 100%. However, I still have that 99% recommendation rate since this solution has saved us a lot by allowing us to close more sales within a short period by creating a channel where we collaborate with customers by offering coupons, sending price lists and orders.
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Is my IT team ready to handle the challenges with data integration ? Are all the features offered by my current quoting tool being offered by Cameleon? Do I need a SaaS based quoting tool? Would it be easy and intuitive for my sales team (who,quite frankly, worship MS Excel) to use Cameleon ? Do I need a real-time/near-real-time quoting tool or would delays in data refreshes be acceptable
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Pros
  • Automating configuration, pricing and quotation of banking services.
  • Via web self-service on IBM CPQ, customers and the sales team are able to streamline sales processes by getting guidance whenever needed.
  • Customers are able to view price lists before making any purchase so as to make informed decisions.
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  • Salesforce.com integration via a plugin that lets end users access Cameleon CPQ systems.
  • Quoting made easier with complex business rules.
  • Good support from the Cameleon team with fixes and enhancements.
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Cons
  • Disaster recovery and backup databases are hectic to utilize without IT skills due to it’s rich in lots of features.
  • Cost is slightly expensive, but it is worth the results we gain.
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  • Integration with other onsite systems such as Oracle databases require the expertise of knowledgeable developers. Manual upload of flat files are always an option , but not necessarily the cleanest.
  • Better Cameleon CPQ Designer UI would go a long way. Currently UI is a stark contrast to the intuitive UI of SalesForce.com or similar SaaS based tools. Not too much to ask for , considering the fact that we work in the era of Facebook and Twitter.
  • Real time data availability is a long way to go for Cameleon CPQ. Updates to data pushed over as batches to Cameleon are reflected at Salesforce.com only after a 'versioning' process is launched. Current recommended frequency for this process is once a day (an upgrade to make it twice a day is in the works).
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Likelihood to Renew
No answers on this topic
There are a few features that we expected from the tool but Cameleon's CPQ has fallen short on these. Possible enhancements and product fixes should be made as soon as possible to change the perspective. Unexpected bugs in the tool have come up during the roll-out that has caught the implementation team off-guard
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Support Rating
Timely and courteous response time from IBM Support any time there was a request that needed to be made.
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No answers on this topic
Alternatives Considered
Apart from Experlogix CPQ failing yo seamlessly integrate with a lot of external applications via API, it also has weak CPQ features and is not popular than IBM CPQ. That’s why we decided to shift from Experlogix few months after I joined AT&T.
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SaaS based tool. Better quoting rules.
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Return on Investment
  • IBM CPQ has enabled us to gain a lot of leads, which turns to be real clients by imposing discounts on our services.
  • Integration with salesforce.com makes it easy to configure products and services by creating quote-to-cash orders.
  • Price lists and coupons makes it easy to customers to place orders.
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  • A salesforce.com -esque approach to CRM has a whole gamut of advantages. Cameleon CPQ complements this approach.
  • Expect down times , feature problems or general disagreement about Cameleon's capabilities initially. This is true for adopting any new tool or technology. Hold on and it will tide over.
  • As a person who has used Cameleon purely as a developer standpoint , I do not have anything more to add-on.
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ScreenShots