Oracle CPQ vs. RFP360

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Oracle CPQ
Score 1.1 out of 10
N/A
Oracle CPQ is a cloud-based application that helps sellers configure the right mix of products or services and create accurate, professional quotes to quickly meet their customers’ pricing needs.
$240
per month per user
RFP360
Score 9.0 out of 10
N/A
RFP360, from Responsive (formerly RFPIO) is used by organizations to request information, respond to requests and connect, aiming to make the RFP and proposal process more efficient, effective, collaborative, consistent and repeatable for everyone.N/A
Pricing
Oracle CPQRFP360
Editions & Modules
CPQ Pricing
$240.00
per month per user
No answers on this topic
Offerings
Pricing Offerings
Oracle CPQRFP360
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsPricing is based on use case and client requirements.
More Pricing Information
Community Pulse
Oracle CPQRFP360
Features
Oracle CPQRFP360
CPQ
Comparison of CPQ features of Product A and Product B
Oracle CPQ
6.7
18 Ratings
26% below category average
RFP360
-
Ratings
Quote sharing/sending7.017 Ratings00 Ratings
Product configuration8.017 Ratings00 Ratings
Configuration options8.017 Ratings00 Ratings
Pricing rules7.016 Ratings00 Ratings
Price adjustment5.017 Ratings00 Ratings
Purchase history and open contracts6.016 Ratings00 Ratings
Guided selling/Sales portal7.016 Ratings00 Ratings
CPQ reporting & analytics7.017 Ratings00 Ratings
CPQ-CRM integration7.015 Ratings00 Ratings
Attachments to quotes5.017 Ratings00 Ratings
Order capturing7.07 Ratings00 Ratings
Proposal Creation & Organization
Comparison of Proposal Creation & Organization features of Product A and Product B
Oracle CPQ
-
Ratings
RFP360
9.0
5 Ratings
12% above category average
Proposal templates00 Ratings8.24 Ratings
Proposal content library updates00 Ratings9.25 Ratings
Guided proposal creation00 Ratings8.74 Ratings
Searchable proposal database00 Ratings9.85 Ratings
Proposal Collaboration & Workflow
Comparison of Proposal Collaboration & Workflow features of Product A and Product B
Oracle CPQ
-
Ratings
RFP360
9.5
5 Ratings
16% above category average
RFP management & response00 Ratings9.85 Ratings
Proposal collaboration & approval00 Ratings9.65 Ratings
User permissions/proposal editing controls00 Ratings9.54 Ratings
Sales proposal workflow00 Ratings9.33 Ratings
Proposal automation user interface00 Ratings9.33 Ratings
Proposal Delivery
Comparison of Proposal Delivery features of Product A and Product B
Oracle CPQ
-
Ratings
RFP360
9.7
3 Ratings
18% above category average
Proposal content tracking00 Ratings9.73 Ratings
Best Alternatives
Oracle CPQRFP360
Small Businesses
QuoteWerks
QuoteWerks
Score 9.4 out of 10
QuoteWerks
QuoteWerks
Score 9.4 out of 10
Medium-sized Companies
QuoteWerks
QuoteWerks
Score 9.4 out of 10
QuoteWerks
QuoteWerks
Score 9.4 out of 10
Enterprises
SAP Sales Cloud
SAP Sales Cloud
Score 8.3 out of 10
Conga CPQ
Conga CPQ
Score 8.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Oracle CPQRFP360
Likelihood to Recommend
1.0
(45 ratings)
9.0
(5 ratings)
Likelihood to Renew
7.0
(26 ratings)
10.0
(1 ratings)
Usability
3.0
(8 ratings)
10.0
(1 ratings)
Availability
10.0
(3 ratings)
-
(0 ratings)
Performance
8.0
(2 ratings)
-
(0 ratings)
Support Rating
1.0
(4 ratings)
10.0
(1 ratings)
In-Person Training
8.0
(2 ratings)
-
(0 ratings)
Implementation Rating
2.0
(6 ratings)
10.0
(1 ratings)
User Testimonials
Oracle CPQRFP360
Likelihood to Recommend
Oracle
I think CPQ had worked so well for our company because of the widespread nature of our associates and tracking orders that were being placed in multiple time zones. My team specifically needed a way of analyzing these orders to track our progress in real time and sort out any supply orders before they became an issue. If you are in a centralized location with a smaller team then this may not yield much use to you.
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Responsive (formerly RFPIO)
In my opinion, RFP360 is well suited for any mid-to-large-scale RFP/Search project. It is probably overkill for smaller, less extensive projects, and time required for setup might outweigh any potential efficiencies.
Read full review
Pros
Oracle
  • Leveraged automation to minimize headcount costs despite 10% year-over-year business growth, and enabled staff to focus on more strategic tasks.
  • Established a flexible CPQ system that scales on demand to easily accommodate the company’s multiple global locations.
  • Improved customer relations by reducing configuration time and allowing sales more time to meet with customers and close orders.
Read full review
Responsive (formerly RFPIO)
  • Sleek, modern design
  • Fast to use
  • Efficient
  • CSM team walking you through steps
  • Upload past RFPs to pick and pull
Read full review
Cons
Oracle
  • Significant setup time, cost, and maintenance. We have to use an implementation partner
  • Does not always play well with other software, even Oracle software. While this is improved and being further improved, that it was a third party acquisition means things sometimes require a little extra care
  • Additional setup documentation and first walkthroughs would be helpful, especially if it was all in one place
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Responsive (formerly RFPIO)
  • Handle PowerPoint Templates
  • Detect duplicates before saved
  • Nothing else
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Likelihood to Renew
Oracle
So far it is all good with BigMachines, looking for new features since Oracle acquisition has created a lot of expectations. We have outlined our limitations (out of box functionality) in our periodic customer successor advice meetings for a while, hope we get a resolution soon. Also, the BigMachines user license fee has increased a lot in the last three years.
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Responsive (formerly RFPIO)
This tool has been fantastic as we have revamped our RFP process. We are much faster and far more efficient.Our win rate is up, but I am not 100% sure this is the cause, but I love to see it. The customer support and training are also fantastic. Thumbs up!
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Usability
Oracle
The software UI can be as complex or as simple as you need it to be (depending on the business). It does require training others on quote configuration and the order in which to build out order positions prior to configuring a quote. Once users are trained;however, it is fairly straight-forward. The UI is still more static than other new wizard/drag-and-drop models, but it get's the job done
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Responsive (formerly RFPIO)
Very easy to navigate and use. Very intuitive user interface
Read full review
Reliability and Availability
Oracle
Other than one day two years ago and an hour or two a few times since then due to data center outages, it has been very reliable
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Responsive (formerly RFPIO)
No answers on this topic
Performance
Oracle
It depends upon the day however there are so many failure points with online services, including our internet service, that this is probably closer to 9 with the latest version
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Responsive (formerly RFPIO)
No answers on this topic
Support Rating
Oracle
Some specific support personal was good and fixed some problems fast using proper solutions. But when one of them went to sleep when we had critical issues and they do unreported commits to our production environment which caused issues and they were hiding it?? you can not give more than a two (maybe even that is too much). They also failed to add a feature for us which also bring the grade down.
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Responsive (formerly RFPIO)
Excellent support during the training process. Since we were onboarded, we have not had too many questions, but when we did, they were answered promptly and thoroughly. We have been very satisfied.
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In-Person Training
Oracle
They have pretty good training. Our business analysts have been able to go to entry and advanced level training. They have a train the trainer model. Our business analyst attended training, then trained the rest of our staff.
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Responsive (formerly RFPIO)
No answers on this topic
Implementation Rating
Oracle
It was a much more technical implementation than we thought. It involved much more code.

Future releases have made and will make administering the tool easier.

EDL consulting had one good developer, but when he was moved off, they were horrible to work with.

The BMI sales team does a “BOA” or a “Business Operation Assessment” which is extremely valuable, not only for them to scope an implementation and get more reach within the organization, but it is also a documentation of business process that most organizations don’t have. It highlights inefficiencies and allows for correction during implementation.

Having a dedicated team (in-house) for implementation is key
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Responsive (formerly RFPIO)
onboarding and training were great
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Alternatives Considered
Oracle
Oracle engagement is ahead. They are active in the development of the tool and provide great support after implementation. They also listen to their customers and offer opportunities to feedback and provide input through activities like the customer advisory board forum.
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Responsive (formerly RFPIO)
I was not involved in the process of selecting RFP360 for our firm, so I am largely unfamiliar with competitors. I am, however, quite pleased with RFP360 as a user, and am confident that my colleagues who were responsible for making the decision were thorough and discerning.
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Return on Investment
Oracle
  • Increased Sales Rep efficiency. Being able to create multiple quotes ACCURATELY and quickly was a game changer.
  • Large implementation time. It's a little difficult to fit BMI into a SCRUM style build, with multiple working models and prototypes of all 3 simultaneously.
  • A larger fee for licensing and implementation cost. ROI wouldn't be realized in the first year.
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Responsive (formerly RFPIO)
  • Quicker RFP turnaround time leads to money saved.
  • Better RFP responses lead to more closed business.
  • Better team alignment lead leads to high efficiency.
Read full review
ScreenShots

RFP360 Screenshots

Screenshot of Proposal responders dashboard.Screenshot of Proposal scoring dashboard, for proposal issuers.Screenshot of RFP responders landing page.