IBM Sterling Configure, Price, Quote vs. Salesforce Revenue Cloud

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
Salesforce Revenue Cloud
Score 8.8 out of 10
Mid-Size Companies (51-1,000 employees)
Salesforce Revenue Cloud (formerly Salesforce CPQ or SteelBrick) is built and delivered on the Salesforce Platform and Salesforce1 Mobile App which enables users to create accurate sales quotes quickly and submit error-free orders on the fly from any device.
$30
Per User per Month
Pricing
IBM Sterling Configure, Price, QuoteSalesforce Revenue Cloud
Editions & Modules
No answers on this topic
Basic
$30
Per User per Month
Professional
$50
Per User per Month
Enterprise
$75
Per User per Month
Offerings
Pricing Offerings
IBM Sterling Configure, Price, QuoteSalesforce Revenue Cloud
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeOptional
Additional Details
More Pricing Information
Community Pulse
IBM Sterling Configure, Price, QuoteSalesforce Revenue Cloud
Features
IBM Sterling Configure, Price, QuoteSalesforce Revenue Cloud
CPQ
Comparison of CPQ features of Product A and Product B
IBM Sterling Configure, Price, Quote
10.0
Ratings
14% above category average
Salesforce Revenue Cloud
7.7
Ratings
12% below category average
Quote sharing/sending10.00 Ratings7.90 Ratings
Product configuration10.00 Ratings5.10 Ratings
Configuration options10.00 Ratings5.10 Ratings
Pricing rules10.00 Ratings8.00 Ratings
Price adjustment10.00 Ratings8.00 Ratings
Purchase history and open contracts10.00 Ratings9.00 Ratings
Guided selling/Sales portal10.00 Ratings6.00 Ratings
CPQ reporting & analytics10.00 Ratings8.90 Ratings
CPQ-CRM integration10.00 Ratings9.90 Ratings
Attachments to quotes10.00 Ratings9.00 Ratings
Order capturing10.00 Ratings8.00 Ratings
User Ratings
IBM Sterling Configure, Price, QuoteSalesforce Revenue Cloud
Likelihood to Recommend
9.5
(0 ratings)
8.0
(0 ratings)
Likelihood to Renew
-
(0 ratings)
9.1
(0 ratings)
Usability
-
(0 ratings)
8.6
(0 ratings)
Availability
-
(0 ratings)
9.1
(0 ratings)
Performance
-
(0 ratings)
8.2
(0 ratings)
Support Rating
10.0
(0 ratings)
7.9
(0 ratings)
Product Scalability
-
(0 ratings)
8.2
(0 ratings)
User Testimonials
IBM Sterling Configure, Price, QuoteSalesforce Revenue Cloud
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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CPQ is great if you can devote the time to it to make it perfect for your sales team. It requires a lot of time and energy to build it out and customize, but once that's done it is one of the most powerful tools you will have. Having an expert in CPQ is really helpful as well.
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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 CPQ is great for being able to quickly and easily build product bundles in an intuitive and visually appealing way.
  • The product catalog and ability to easily add fields to product records makes setting up products really simple and adds a lot of value to reporting within Salesforce.
  • Basic product and configuration rules are very easy to understand and set up.
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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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  • Our Salesforce is very messy, which tells me it's not super easy to clean up.
  • I always have a really hard time removing a contacts from an account - it seems like you can't simply remove the relationship so we have lots of people named DO NOT CONTACT or things of that nature.
  • Sometimes when saving it doesn't seem like things actually save.
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Likelihood to Renew
No answers on this topic
The company is very easy to work with and is growing by leaps and bounds. We do not anticipate switching vendors anytime in the near future
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Usability
No answers on this topic
After the initial set up, end users who are not the most tech savy are generally finding it easy to navigate
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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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There have been some issues with multi-year pricing of certain products and services which we have been assured will be resolved but I guess are still underway, the support team apart from this has not been needed much and in the rare scenarios, it has been needed the resolutions of conflicts has been prompt and quick, so the overall support would have my high regards for being so helpful and customer-oriented so as to assure good performance of their toolset and customer satisfaction.
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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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This has better product capabilities like Manage Order, Mobile, pricing module, select product offers service channel. What I like best is the integration with Salesforce, the ability to create and connect opportunities and there is a lot of flexibility in this tool. It has a very user-friendly platform & navigation across pages is the best Also I like how fast I can create quotes. I also like how detailed you can get with reporting. Any possible metric we can think of can be tracked, measured, and integrated.
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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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  • Easy access to reporting on closed-won, closed-lost, and open quotes.
  • Accuracy in data referenced in a quote - it's typically accurate as it is pulled directly from opportunity, looking up to associated subscription start/end dates, etc..
  • We lose valuable time in creating quotes ourselves. Quotes were requested and created through sales ops previously, sales did not have access to the excel templates used to generate quotes.
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ScreenShots

Salesforce Revenue Cloud Screenshots

Screenshot of Configure. Price. Quote. Anytime, anywhere, on any device.