CPQ Software

Explore the list of the best CPQ Software solutions to simplify and expedite your sales deals: 
Customers now demand multiple purchasing channels, faster processes, and accurate price quotes in real-time from sales representatives. However, when businesses have complex pricing structures, diverse product portfolios, and a variety of service offerings, it is difficult for the sales teams to generate error-free pricing quotes.  Getting speedy approvals and facilitating smooth sales is also quite a challenge for the sales reps. This is where technological solutions such as Configure Price Quote software (CPQ) address all quoting challenges and help sales reps in closing deals quickly. CPQ software offers guided selling, personalized deal management, product configuration, price adjustments, and easy quote generation capacities to aid the sales process.  

What is a CPQ Software?

CPQ stands for configure, price, and quote. Configure refers to the process of finding out what products customers are looking for and wish to buy. Price relates to the costs of those products. Quote details the price in a manner that is easily understood by customers. A CPQ software is an application tool that helps the sales team optimize, streamline and manage the CPQ process (managing product configuration, providing price information, and accurate quote generation). It accelerates sales by features such as product configurator, approval workflow, automated quotes, sales proposal management, price calculations, renewal management, and many more. 

How to Select the Best CPQ Software For Your Business?

Choosing the right CPQ software vendor is critical to achieving your sales goals. Considering the number of vendors, picking the right one that aligns with your business needs is challenging. This is where GoodFirms, the leading software research firm, can help you select the best CPQ software for your business. GoodFirms' researched list of the best CPQ software is all that you need to choose the perfect CPQ solution for your business. Check out the below list of top CPQ software solutions along with their reviews, apply filters, compare pricings, and select the best one for your business. 

List of The Best CPQ Tools (55 Software)

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  • Bitrix24

    Your company. United. Free. Unlimited. Online.

    Bitrix24 is the leading free online CRM software used by over 8 million companies worldwide. It is available in cloud or on-premise with open source code access. Unlimited leads, deals, contacts, companies, quotes, invoices and appointment scheduling. The free plan also comes with email marketing and telephony. Advanced versions have sales and marketing automation, bulk SMS, campaign management an... learn more about Bitrix24

    ""
    Hisham Balatiah, Founder at EIC - Engineers International Community
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    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Freshworks CRM

    A fresh approach to customer engagement.

    Freshworks CRM software is an AI-based customer relationship management software used for lead-scoring, sending a targeted email, activity capture, and finding sales leads. With over 40k customers, Freshworks is an inexpensive professional CRM software that requires minimal customization. It is super easy to set up, and it tracks everything from customer interactions to sales activities. Freshwork... learn more about Freshworks CRM

    "Most affordable CRM with best features and functionalities"
    Gautham Ramakrishnan, Head of Marketing at Zomentum
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    Free Trial
    21 days
    Entry Level Price
    $29 per Month
  • iDashboards

    Get more eyes on your KPIs.

    iDashboards provides easy-to-use, visually-appealing and cost-effective dashboard software for clients in a wide variety of industries—including higher education, healthcare, logistics, finance, manufacturing and more. With customizable and flexible dashboard solutions that easily integrate with key data sources, iDashboards clients can quickly and effectively view and analyze their critical per... learn more about iDashboards

    VISIT WEBSITE
    Free Trial
    30 days
    Entry Level Price
    Contact Vendor
  • Quotient

    Online quoting and proposal service.

    Quotient delivers fantastic looking quotes every time with the very best possible customer experience. You and your customers deserve it.... learn more about Quotient

    VISIT WEBSITE
    Free Trial
    30 days
    Entry Level Price
    $25 per Month
  • iQuoteXpress

    Build your best proposal, every time.

    iQuoteXpress offers a proven cloud-based, CPQ (Configure, Price, Quote) application for sales proposal management. Use iQuoteXpress to deliver superior proposals in less time with convincing details, complete specifics, and impressive presentation. ... learn more about iQuoteXpress

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    $39 per Month
  • eRep CPQ

    We are your competitive edge!

    eRep helps manufacturers and their sales channels simplify the complexity of the modern sales cycle and enables the organization to enhance order accuracy, produce quotes faster and improve sales productivity. eRep accomplishes this by providing configure, pricing, quote (CPQ) solutions to organizations of all sizes allowing sales reps to assist their customers in finding the right products, optio... learn more about eRep CPQ

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Sofon Guided Solutions

    The bridge between customer, sales and production

    Sofon is a Sales Automation solution that simplifies, accelerates and improves the sales process of customer specific products or services. Sofon helps sales employees to easily and quickly translate customer requirements into error-free professional proposals and quotations. Quotations can be automatically transformed into production orders. Sofon guides sales to choose the best product fulfillin... learn more about Sofon Guided Solutions

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    $30000 per One-time
  • PROS Smart CPQ

    Smart CPQ (Configure, Price, Quote) Software.

    The solutions data science-driven guidance provides recommendations for the right offer at the right price based on customer segmentation, buying patterns and willingness to pay. In addition, advanced guided selling allows you to intelligently cross-sell and upsell.... learn more about PROS Smart CPQ

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • ScopeStack

    Scope your services quickly and accurately.

    ScopeStack is a unique sales automation tool for the IT Service Provider community. The platform will enable engineers to accurately price professional services, reduce time to scope, and allow IT organizations to track and manage professional services engagements like never before. Creating a better scoping experience seems impossible. The manual process, lack of visibility, and not enough time i... learn more about ScopeStack

    VISIT WEBSITE
    Free Trial
    1 days
    Entry Level Price
    $500 per One-time
  • ShapeDiver

    Online platform for building cloud applications based on Rhino and Grasshopper files.

    ShapeDiver is an online management system for Grasshopper files. Upload your definitions and access them online with all their parameters and logic! You can share the online parametric models from the platform or start building applications around them, such as product configurators. ShapeDiver is a cloud-native, SaaS platform that helps businesses build applications based on parametric CAD models... learn more about ShapeDiver

    VISIT WEBSITE
    Free Trial
    Available
    Entry Level Price
    Free version
  • Experlogix CPQ

    Experlogix is a leading provider of cloud-based CPQ (Configure, Price, Quote) software.

    Experlogix is a leading provider of cloud-based CPQ (Configure, Price, Quote) software. Its solutions help companies sell complex configurable products and services with ease. Experlogix integrates with popular CRM and ERP platforms to accelerate quote-to-cash processes. Improve your bottom line, increase customer satisfaction, and generate real ROI through the multiple benefits that Experlogix ca... learn more about Experlogix CPQ

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Qmaze

    Web Sales en Product Configurator

    Qmaze is a powerful and easy-to-use product configurator that allows you to generate customer-specific quotations and orders faster and better. You can easily record all product features and rules of the game. This allows you, your dealer or your customer to prepare a quotation or order based on a logical questionnaire. Qmaze ensures that only correct offers can be selected, always with the correc... learn more about Qmaze

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    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Configure One

    A Product Configurator for Complex Products

    Easily configure even the most complex products using our robust CPQ solution. Rules and logic intelligently guide users through the product configuration process while 3D visualization options show customers what they’ve created in real time as each option is selected. A product configurator (or configuration software) assists you in selecting options for a product to meet the individual needs ... learn more about Configure One

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Quote Manager CPQ

    Quote Manager CPQ For Microsoft Dynamics 365

    Quote Manager CPQ is a powerful add-on completely native within Microsoft Dynamics 365. This allows your sales team to create and send professional branded quotes from Dynamics 365 in few minutes. Quote Manager CPQ is the only Quote/CPQ system 100% dedicated to Dynamics 365 – where all the set up, configuration and data is held in Dynamics. As a result you have full control over any additional c... learn more about Quote Manager CPQ

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Combeenation

    Product configurators for e-commerce, sales and Industry 4.0

    Combeenation connects smart and visual, offer and customer requirements, shopping and experience. Combeenation configurators create a unique customization experience: for every industry and every product. Become a Combeenation cooperation partner and open up a new business area. As a Combeenation Partner, you can implement configurator projects for your customers and benefit from the flexibility, ... learn more about Combeenation

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    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Powertrak

    BUILD-IT, BUY-IT®

    Powertrak is a cloud-based product configuration solution with a robust rules engine and automation tools to improve the guidance, governance, and efficiencies of selling unique combinations of products and/or services. It improves sales efficiency by enabling internal sales and external partners to quickly and accurately build products, generate quotes, and complete orders. Powertrak Product Conf... learn more about Powertrak

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    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Configit

    Turn Your End-To-End Configuration Process into a Competitive Advantage

    We build configuration solutions for manufacturing companies to master the challenges of getting configurable products and services to market faster, and to sell, manufacture, and service them more effectively. Trusted by global manufacturing companies for their mission-critical functions, our advanced configuration technology, Virtual Tabulation®, handles the most complex products on the market.... learn more about Configit

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Hive CPQ

    Simplify your selling process using our product configurator for your distributor network!

    HiveCPQ is a B2B e-commerce platform for manufacturers that are selling their configurable products through an installer network. At the heart of our software is a solid Configure Price Quote (CPQ) solution. We have built our configurator based on years of experiments and experiences. We have learned that a configurator should be flexible and easy to maintain. That is why we built our Hive configu... learn more about Hive CPQ

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Bit2win CPQ

    Configure, Price and Quote Core solution 100% based on Salesforce platform

    The full CPQ (Configure, Price, Quote) Suite has a new generation catalog anagement, with high performing configuration browser rule engine, supporting eligibility compatibility and complex pricing criteria. Bit2win CPQ Solution is designed to create a unified and complete customer’s experience. To exceed customer expectations, insights are needed. Bit2win business designers apply design thinkin... learn more about Bit2win CPQ

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • e-Con CPQ

    fast & flexible product configurator helps your business avoid costly mistakes, missed deadlines.

    A fast and cost-effective order entry process is essential to companies that sell, produce, and distribute custom products and services. Fast, flexible product configuration is just as important to ensuring your business avoids costly mistakes, missed deadlines, and waste. Why? Because today’s customers simply expect custom options for even the most standard goods and services. They want quick a... learn more about e-Con CPQ

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Conga CPQ

    Configure smart, accurate deals faster.

    Conga is a cloud-based and on-premise supply chain management (SCM) and configure price quote (CPQ) software designed for large companies in a variety of industries. It offers solutions in areas such as e-commerce and revenue management. ... learn more about Conga CPQ

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • SPAIX 5

    CPQ Software with PumpSelector.

    Spaix 5 is a full CPQ (cost price quote) solution featuring the computer supported selection and configuration of centrifugal pumps. The new version particularly shines when it comes to its intuitive operating concept as well as the increased performance and offers a wide range of additional functionalities. With its integrated price calculation as well as offer and project functio... learn more about SPAIX 5

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • KBMax

    KBMax provides powerful CPQ software solutions that simplifies quoting and manufacturing.

    KBMax is redefining CPQ & ecommerce for companies globally. Our product configurator is the only one that can handle complex business rules, 3D and 2D visualization, real-time pricing & CAD automation. This end-to-end solution results in an awesome buying experience, a faster sales cycle & a more efficient manufacturing process.... learn more about KBMax

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    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • DealHub

    Generate professional proposals and pricing quotes in minutes with the Easiest to Use CPQ.

    DealHub’s unique collaborative sales engagement process makes quoting easier and faster, with real-time insights on your prospects engagements and level of interest. Unlike other CPQ solutions, DealHub is fast to implement and easy to use: simply plug in your product data, configure your business rules and start quoting. ... learn more about DealHub

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Verenia CPQ

    Verenia CPQ increases sales and reduces costs.

    Verenia CPQ increases sales. It ensures the latest product information is always available for users to configure complex, manufactured products and create error-free quotes and orders. Salespeople can produce more quotes, which lead to more faster and more accurate orders, in minutes, if not seconds. ... learn more about Verenia CPQ

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Quoter

    Quote more. Sell more.

    Quoter is a lightning fast, modern quoting platform for technology service providers. Our easy-to-use platform, automation workflows, and unlimited user pricing plans will empower your team to create more quotes than ever before. Create impressive, accurate quotes in just a few clicks. Leverage our automation to encourage more people to quote. ... learn more about Quoter

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    $99 per Month
  • Salesforce CPQ & Billing

    Take your revenue to new heights with CPQ.

    Salesforce CPQ is part of a software suite designed for small, midsized, and enterprise organizations that are focused on reaching sales goals and streamlining customer support. Salesforce CPQ helps reps and partners configure complex deals, streamline quoting approvals, ensure sales compliance, plus more. It offers proposal and quote generation features, allows image-based product selection, and ... learn more about Salesforce CPQ & Billing

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • SAP CPQ

    Improve the speed and accuracy of your quoting process.

    SAP CPQ makes your quoting and selling process simpler, faster and more profitable. Instead of sales reps spending hours or even days working on proposals, free their time for more selling activities. Sales reps can generate quotes and proposals while with a customer from any mobile device. Move your CPQ to ecommerce so customers can generate their own inquiries, configure the solution they are in... learn more about SAP CPQ

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Oracle CPQ

    Configure, Price, Quote customer success.

    Oracle Configure, Price, Quote (CPQ) guides customers through a step-by-step process of entering a correctly configured and fully detailed purchase order. Once a correctly configured order is entered, the CPQ solution responds with a price quote including all the proper discounts, terms, and conditions for this specific customer. If the customer accepts the quote, it then becomes an order. The sol... learn more about Oracle CPQ

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • CIS Configurator

    MAKE QUOTING EASY.

    CIS Configurator streamlines the sales process and makes it easy for your sales team to quickly configure, price and quote, complex products with many options. Our configurator guides the user making it easy to configure, price, quote! Create error free quotes quickly with the correct price, presented in a professional format. ... learn more about CIS Configurator

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Merkato

    Our solution for product and sales configuration.

    Merkato is our product configurator and sales configurator. Merkato is very intuitive and easy to use. The software is packed with smart, user-oriented, features and functions. The inteface is tight and adaptive. This simplified and flexible user interface design ensures implementation times are record-breakingly quick. Making changes to the business rules or layout is no problem at all. Using dra... learn more about Merkato

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    Free Trial
    N/A
    Entry Level Price
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  • Apparound CPQ

    THE ALL-IN-ONE DIGITAL SOLUTION FOR YOUR SALES FORCE.

    Apparound is an all-in-one digital solution that improves sales productivity by providing sales reps, useful tools, and information to make their daily activities easier. Apparound removes the burden of daily manual activities and allows sales reps to have more time to focus on customer engagement. ... learn more about Apparound CPQ

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
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  • Expedite Commerce

    Commerce Platform for Sophisticated Businesses.

    Expedite Commerce is a simple-to-use eCommerce platform that handles sophisticated B2B processes. Make your complex products seem simple. Guided selling and dynamic 3D visualization smooths out the buying process for both online customers and internal users. Quote-to-Cash, CPQ, Billing and eCommerce software that helps you focus on your customers.... learn more about Expedite Commerce

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Tacton CPQ

    Enabling Smart Commerce for Manufacturers with CPQ.

    Tacton CPQ (Configure, Price, Quote) software accelerates sales and delivers an enhanced customer experience enabling them to buy across all channels. Selling products has never been more challenging for manufacturers but changing buyer behavior, and inefficient operations make it difficult to deliver the right product every time. Tacton CPQ software, built for manufacturers, makes it’s easier t... learn more about Tacton CPQ

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    Free Trial
    N/A
    Entry Level Price
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  • Xait CPQ

    XaitCPQ is a highly adaptable solution suitable for a variety of industries and disciplines.

    XaitCPQ captures all of the complex product, pricing, and business rules in one central place for automating and streamlining actions in real time. This allows you to have everything you need at your fingertips to close deals faster, with better collaboration, control and transparency.... learn more about Xait CPQ

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    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • ATLATL Visual

    Visual Solutions To Bring Your Products To Life.

    ATLAT Visual platform transforms the way consumers buy with 3D product visualization and visual configuration. With ATLATL, consumers are able to digitally experience the product before purchasing, providing an immersive experience for customers on your website. ... learn more about ATLATL Visual

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    Free Trial
    N/A
    Entry Level Price
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  • Cincom CPQ

    CPQSync Is Built on Decades of CPQ Experience.

    Cincom CPQ, is a software solution that enables companies and their customers to select and customize products and services they want to buy; as well as view accurate, real-time pricing for every possible configuration of the product and generate a quote for the product—all from a single program/application. Depending on the vendor, CPQ solutions can be implemented on-premise or in the cloud. CP... learn more about Cincom CPQ

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    Free Trial
    N/A
    Entry Level Price
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  • servicePath CPQ

    servicePath CPQ is a platform that is specifically designed to make complex quotes simple.

    servicePath CPQ is a platform that is specifically designed to make complex quotes simple. Quotes that used to take days and involve multiple departments can be done in less than an hour in servicePath. Cut your risk of issuing a bad quote by having all the latest solution configurations and cost elements on one platform. Become more frictionless with servicePath. ... learn more about servicePath CPQ

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Elfsquad

    Elfsquad Product Configurator software.

    Elfsquad is a cloud-based CPQ (configure, price, quote) solution designed to help businesses automate pre-production processes and customize products according to client requirements. The centralized platform enables users to generate personalized brochures and documents with product information, pricing, images, and more.... learn more about Elfsquad

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • GleanQuote

    Upgrade to a More Powerful, Flexible Quoting Solution.

    GleanQuote is an affordable, full featured proposal and quoting platform with easy-to-use and powerful CPQ functionality. Built-in E-sign functionality makes it easy for your customers to say yes. Integrates with many popular CRM.... learn more about GleanQuote

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    $79 per Month
  • Tachnicon CPQ

    ENTERPRISE CPQ FOR MANUFACTURERS.

    Technicon has provided sales and design solutions for leading manufacturers. Technicon's CPQ solutions can handle the most complex of products, including yours. Our enterprise-level solutions guide your sales reps and customers to the right products and streamline the entire configure, price and quote (CPQ) process. And that means shorter sales cycles, higher win rates and more satisfied customers... learn more about Tachnicon CPQ

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Vendavo CPQ

    Centrally manage pricing and deal guidance across your product portfolio.

    Vendavo CPQ Cloud is the CPQ software that advances your enterprise toward commercial excellence by helping you coordinate, control, and streamline your quote-to-cash processes. With CPQ Cloud, now you can increase sales productivity and win rates while delivering an improved customer experience. Quote iterations are reduced, customer churn decreases, and win rates increase, elevating enterprise p... learn more about Vendavo CPQ

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Zimit

    CPQ Built for the Services Economy.

    Zimit is designed for service and subscription quoting. Zimit is the leading cloud based CPQ solution for the enterprise services industry. Quote services separately or combine them on one quote. Zimit dynamically builds document content as you build your quote. Route quote approvals based on financial or non-financial metrics.... learn more about Zimit

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • FPX Intelliquip

    Quickly And Accurately Assemble, Price And Quote Complex Products And Packaged Solutions.

    FPX Intelliquip Selling Cloud delivers the power to configure catalog products and the most complex engineered solutions and develop error-free datasheets, price sheets and drawings in seconds. All your teams benefit by making it available throughout your global sales channels, easily adapting to different languages, cultures and time zones. ... learn more about FPX Intelliquip

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Qotbild

    CPQ to configure, price and quote faster.

    Qotbild app, a SaaS based CPQ (Configure, Price, Quote) software platform, help Omnichannel wholesale distributors/ manufacturers who want to improve revenue by reducing time to sell and increase order management efficiency unlike traditional ERP or off-the shelf systems. Qotbild brings more than just control and efficiency to your fingertips. You will create new revenue models and reach new pros... learn more about Qotbild

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Beesion

    Quote complex and configurable products and services.

    Beesion’s POS Suite is developed on a distributed architecture of microservices, which can be implemented cloud or on-premises. Business processes and data repositories are detached from channels, so it brings a true digital omnichannel experience. Accelerate time to market for new products and services.... learn more about Beesion

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • calcIT

    CPQ, project management and more with calcIT.

    calcIT is flexible software with extensive CPQ functions, which enables you to map your individual requirements with regard to calculation, preparation of offers and configuration with full release capability. From the cost calculation of a single screw to the comprehensive calculation of complex offers: calcIT adapts 100% to your requirements. ... learn more about calcIT

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • Camos CPQ

    The CPQ software for digital offers.

    camos CPQ is one of the leading CPQ solutions for digitising the sales of complex and multi-variant products - from intuitive configuration, price calculation to personalised quotation generation. The sales employee receives a powerful and holistic offer configurator. ... learn more about Camos CPQ

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • CloudSense

    The world's most powerful CPQ for ambitious enterprises.

    CloudSense CPQ powers all your channels, from self-service and direct sales, to partners and beyond. Maximize growth across your business with one engine and one agile product catalog. CloudSense CPQ automates orders for completion, change and renewal. Simplified integration to downstream systems gives you one place to manage your orders and subscriptions, no matter how complex. ... learn more about CloudSense

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
  • CenturyCPQ

    Maximized sales effectiveness with an automated CPQ process.

    Century CPQ is a core business application that fully automates the Configure-Price-Quote process. It facilitates sales managers in keeping track of prospects, accounts, and customers all in a single, user-friendly environment with configurable workflows. ... learn more about CenturyCPQ

    VISIT WEBSITE
    Free Trial
    N/A
    Entry Level Price
    Contact Vendor
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Frequently Asked Questions

  • How Does a CPQ Software Work?

    CPQ software primarily works by understanding the needs of the customer, configuring the products required, and retrieving the accurate pricings for the same. CPQ software applies AI and machine-learning algorithms to generate the winning quote. It can automatically determine the base price, the best price, the discounts, deals, etc. Any changes in the product pricing or additions of administrative charges, service charges, or any other pricing alteration are updated in real-time in the software. This keeps the sales representative in possession of the latest price structure.  It also has real-time collaboration so that quotes created by sales representatives can be visualized by approval authorities, and the approval process can run in parallel. Inbuilt collaboration helps in better negotiations during sales agreements.  

  • What Happens Without CPQ Software?

    Today businesses deal with customers who are more informed, connected, and tech-savvy. Sales reps that keep unorganized price catalogs in excel, PDF, papers, or Word files often have outdated information. Without CPQ software, there is a high chance that the prices have changed, and the sales rep is still using outdated price lists or catalogs. Quoting delays and pricing errors can add to the challenges that sales teams already face, such as lengthy negotiations, squeezed margins, churn customers, etc. Secondly, the sales rep has to either go to the approval authority physically or send an email for approval. This slows down the process unnecessarily. Without CPQ software, sales reps cannot mitigate the challenges of the poor quoting process and unleash a positive closure rate. The more complex and customized product portfolio your business offers, the more is the need for CPQ software. 

  • Is CPQ a part of CRM Software?

    Yes, CPQ is an integral part of the CRM process and strategy. Customer relationship management or CRM includes numerous elements of the sales cycle. CPQ specializes in three of these elements - configuration, pricing, and quote. Configuration, pricing, and quotes are influenced by your customer relationship management strategy. CPQ complements CRM by providing extensive control over the way sales reps create sales quotes. When CRM is integrated with CPQ solutions, it makes CRM more powerful. Similarly, CPQ integrated with CRM solutions is more effective. 

  • How Do I Know if My Business Needs a CPQ Software?

    There are signs that clearly tell you that your business needs CPQ software solutions. If you are facing the following issues, then it is time to invest in the best CPQ software solution 1.  Your sales reps are spending more time on every deal as compared to the industry average; 2.  Your salespeople are committing costly mistakes; 3.  Your customer churn rate is increasing every year, 4.  Your sales team is not winning negotiations, 5.  Your product list is very comprehensive and paper catalogs are not feasible 6.  Your sales are under pressure and the deal closure rate has gone down and 7.  Your sales team is not able to fetch accurate data for cross-selling and upselling.  

  • What is the Best CPQ Software?

    The best CPQ software aligns sales teams to new-age business processes. It simplifies the quoting processes and drastically improves the key sales performance metrics such as lead conversion, sales attainment, deal size, average sales per month, customer satisfaction rate, etc. Some of the best CPQ software solutions listed by GoodFirms are iQuoteXpresseRep CPQ, PROS Smart CPQ, Experlogix CPQ, Quote Manager CPQ, Hive CPQ, Bit2win CPQ, etc.

  • What Are the Available Integrations With the CPQ Software?

    CPQ software has the ability to integrate with the CRM, ERP, proposal management, marketing automation software, Sales Force Automation Software, product configurator software, Job costing software, etc., to unleash insights on customer segmentation, buying patterns, etc. Other popular integrations include Salesforce, Microsoft Dynamics 365, SAP, and Ecommerce solutions. 

Resources for CPQ Software