Pros vs Verenia

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Our analysts compared Pros vs Verenia based on data from our 400+ point analysis of CPQ Software, user reviews and our own crowdsourced data from our free software selection platform.

Product Basics

PROS is an integrated solution that offers intelligence for commerce. It provides robust product catalogs, performance quote management, sales insights, market segmentation and customer-specific price optimization. Product and service configurations, streamlined agreements, omnichannel price management and real-time price delivery are some of its notable offerings. Users can engage with customers and sell personalized offerings using AI-powered technology. It provides a dedicated mix of CRM, eCommerce and an API for operational improvement.

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Verenia is a cloud-based module native to NetSuite that helps businesses increase sales by creating quick and accurate quotes. Designed to cater to manufacturing's specific needs, it enables users to configure complex products by providing a well-rounded, 3D view. It offers real-time updates on industry trends with the latest information to ensure guided selling and ordering.

Users can opt for built-in or external CRM and ecommerce integrations, tweak the customizable interface to fit organization requirements and leverage the built-in forecasting and follow-up inclusions to drive sales.
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$60/User, Monthly
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$89/User, Monthly
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Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
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Email
Phone
Chat
FAQ
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Knowledge Base
24/7 Live Support
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24/7 Live Support

Product Insights

  • Accelerate Quoting Processes: Quickly deliver personalized quotes to buyers. Increase deal sizes using AI-based cross-sell recommendations and guided selling. Tailor the offer according to each buyer with price recommendations. 
  • Optimize Contract Management: Streamline the agreement process throughout its lifecycle. Ensure accurate cost data based on fluctuating commodity prices and automatically recalculate prices at the time of renewal. View real-time changes in contracts during amendments. Store all agreements along with terms and conditions in a centralized repository.  
  • Error-free Configurations: Eliminate common errors and accurately configure complex products with visualization tools like 2D, 3D, AR and VR.  
  • Personalized Recommendations: Analyze buying patterns and deliver tailored product recommendations by leveraging AI. 
  • Flexible Catalog: Create a responsive, searchable digital product catalog equipped with cross-selling and upselling recommendations. Incorporate rich media content and region-specific currency. 
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  • Increased Sales Efficiency: Verenia streamlines the quoting process, reducing the time sales teams spend on administrative tasks and allowing them to focus on closing deals.
  • Improved Accuracy: By automating complex pricing and configuration rules, Verenia minimizes errors in quotes and orders, ensuring customers receive accurate information every time.
  • Enhanced Customer Experience: With faster response times and precise quotes, customers enjoy a smoother and more reliable purchasing process, leading to higher satisfaction and loyalty.
  • Scalability: Verenia supports businesses as they grow, handling increased volumes of quotes and orders without compromising performance or accuracy.
  • Customization: The software allows for tailored configurations to meet specific business needs, ensuring that unique product offerings and pricing models are accurately represented.
  • Integration Capabilities: Verenia seamlessly integrates with existing CRM and ERP systems, providing a unified platform that enhances data consistency and operational efficiency.
  • Data-Driven Insights: The platform offers robust analytics and reporting tools, enabling businesses to make informed decisions based on real-time data and trends.
  • Reduced Training Time: With an intuitive user interface, Verenia reduces the learning curve for new users, allowing sales teams to become productive more quickly.
  • Cost Savings: By automating manual processes and reducing errors, Verenia helps businesses save on operational costs and avoid costly mistakes.
  • Enhanced Collaboration: The software facilitates better communication and collaboration between sales, engineering, and production teams, ensuring everyone is aligned and informed.
  • Faster Time to Market: Verenia accelerates the introduction of new products and services by simplifying the configuration and pricing processes, helping businesses stay competitive.
  • Regulatory Compliance: The platform ensures that all quotes and orders comply with industry regulations and standards, reducing the risk of non-compliance penalties.
  • Increased Revenue: By optimizing the sales process and improving quote accuracy, Verenia helps businesses capture more opportunities and increase their overall revenue.
  • Customer Self-Service: Verenia offers self-service capabilities, allowing customers to configure products and generate quotes on their own, enhancing convenience and satisfaction.
  • Real-Time Updates: The software provides real-time updates on product availability and pricing, ensuring that sales teams always have the most current information at their fingertips.
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  • Price Optimization: Increase revenue and margin growth through AI-based pricing and segmentation strategies. 
    •  Maintain strategies by building and modifying guided formulas. 
    •  Deliver optimized and personalized pricing based on dynamic demands and market segments. 
    •  Coordinate prices across contracts and clients with a master price list. 
    •  Receive alerts for extreme pricing changes. 
    •  Gain a comprehensive view of pricing data to identify revenue and margin leakages. 
    •  Create, analyze and modify multiple rebate variations and add accrual rules. 
    •  Equip sales reps with customized negotiation price guidance. 
    •  Maintain competitive pricing based on industry standards with real-time data inputs. 
    •  Include dynamic variables in pricing strategies. 
    •  Create scalable and updated pricing lists with a real-time pricing engine add-on. 
    •  Receive price recommendations according to price-volume relationships. 
    •  Expand to e-commerce platforms and incorporate cross-sell recommendations. 
  • Guided Selling: Streamline quote-to-cash processes with sales acceleration modules. Shorten sales cycles and reduce dependency on manual labor through automated sales tasks like lead generation and quoting. 
  • Opportunity Detection: Identify new opportunities, uncover behavior patterns and analyze transactions. Automatically add opportunities to existing CRM systems with supportive insights for every suggestion. Use the forecasting algorithm to detect diminishing buying patterns, taking into account seasonal dips. 
  • Integrations: Connect existing tech infrastructures to CRMs, ERPs, PLMs and ecommerce platforms. Integrates with Salesforce, Adobe, Magento and more. 
  • CPQ: Create accurate, customized and feature-based product configurations. Sales teams can find the right product, manage approvals, calculate prices and generate proposals within the organization’s CRM. 
    • Real-Time Collaboration: Coordinate simultaneously with sales reps and internal pricing crew members. 
    • Self-Service: Clients can configure products on ecommerce platforms based on their requirements. 
    • Performance Analysis: Gain insights into deals and profits with integrated performance tools and waterfall charts. 
    • Visualizations: Incorporate 2D and 3D drawings and augmented reality technologies into quotes. 
    • Documentations: Create tailored sales agreements, proposals, bids, RFPs and terms and conditions. 
  • Security: Ensure data protection with GPR, SOC 2 Type 2, ISO 27001 and Cloud Security Alliance’s Cloud Control Matrix compliance. Provides product, platform and physical security through Final Security Review, stack monitoring, threat protection programs and disaster recovery. 
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  • Quotes: Streamline sales processes with error-free live quotes. Convert quotes to orders through interactive emails. 
  • E-Commerce: Sell complex, customizable and configurable products in online stores. Integrate with shopping cart solutions like NetSuiteCommerce, Shopify, Magento and more. 
  • 3D Visualizations: Auto-generate comprehensive, configuration-specific 3D files, drawings, manufacturing data and models. 
    • Visual Planning: Display 3D depictions of customizable items within a virtual space. Embeddable into websites; send shareable links for collaboration. Provides an immersive experience by showcasing up-to-date, customer-specific product configurations. 
    • AR/VR: Configure products through tailor-made AR/VR environments. Provides cloud storage, dynamic updates, in-browser capabilities and scaled measurements based on product catalogs. 
    • Product Configurator: Configure customizable products in an easy-to-use interface. Collect and update product details to generate real-time 3D models and files. 
    • CAD Automation: Generate accurate, detailed and customer-specific product drawings and models. Supports multiple CAD formats such as Autodesk, Solidworks, Blender, SketchUp, Wavefront and more. 
  • Integrations: Connect existing tech infrastructures to a host of solutions like Microsoft Dynamics 365, Salesforce, NetSuite, Zoho CRM, Sage, Infor and more. 
  • Bill of Materials and Routing: Deliver auto-generated and comprehensive BOMs and routings based on its built-in logic and rules engine. 
  • CRM: Create instant quotes and orders by connecting sales reps with customers. Provides a centralized database for communications, omnichannel sales solutions, email integrations and materials forecasting. 
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Product Ranking

#3

among all
CPQ Software

#24

among all
CPQ Software

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Analyst Rating Summary

77
59
67
33
95
45
60
80
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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Pros
Verenia
+ Add Product + Add Product
AI-Based Capabilities Contract Management Dashboard And Reporting Mobile Capabilities Platform Capabilities And Security Price Management Product Configurator And Catalog Management Quote Management 67 95 60 19 67 93 85 73 33 45 80 19 67 73 64 73 0 25 50 75 100
67%
0%
33%
33%
0%
67%
91%
0%
9%
45%
0%
55%
60%
0%
40%
80%
0%
20%
17%
0%
83%
17%
0%
83%
67%
0%
33%
67%
0%
33%
85%
0%
15%
69%
0%
31%
82%
0%
18%
59%
0%
41%
74%
0%
26%
74%
0%
26%

Analyst Ratings for Technical Requirements Customize This Data Customize This Data

82%
0%
18%
36%
0%
64%

User Sentiment Summary

Great User Sentiment 128 reviews
Excellent User Sentiment 116 reviews
82%
of users recommend this product

Pros has a 'great' User Satisfaction Rating of 82% when considering 128 user reviews from 4 recognized software review sites.

91%
of users recommend this product

Verenia has a 'excellent' User Satisfaction Rating of 91% when considering 116 user reviews from 3 recognized software review sites.

4.1 (84)
4.4 (46)
4.5 (2)
n/a
4.5 (2)
4.7 (66)
4.0 (40)
4.0 (4)

Awards

SelectHub research analysts have evaluated Pros and concluded it earns best-in-class honors for Contract Management.

Contract Management Award

Verenia stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

Synopsis of User Ratings and Reviews

Integration: 72% of reviewers who mentioned this feature said that the platform easily integrates with CRMs, ERPs and other PROS modules.
Support: The vendor provides speedy and accurate tech support, as stated by 60% of users mentioning this element.
Ease of Use: Over 80% of the users who mentioned this aspect appreciated the ease of setting up user administration and managing pricing components.
Functionality: According to 69% of users who reviewed this feature, the solution offers robust CPQ modules like price guidance, complex configurations and workflow approvals.
User Interface: 70% of users who reviewed this element mentioned that the UI is user-friendly and loads quickly.
Configuration: The tool is highly flexible and configurable, according to 83% of reviewers talking about this aspect.
Automation: All the users who referenced this element said that the platform’s automation capabilities are a standout feature.
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Ease of Use: Users praise Verenia for its intuitive interface, making it easy to navigate and use for both technical and non-technical personnel.
Streamlined Quoting: Verenia simplifies the quoting process, allowing sales teams to generate accurate quotes quickly and efficiently, reducing time spent on manual tasks.
Improved Accuracy: By automating calculations and ensuring consistent pricing, Verenia minimizes errors and ensures quotes are accurate and reliable.
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Implementation: The implementation process can be challenging and requires training for admins, as mentioned by 75% of users reviewing this element.
Speed and Performance: All the users who reviewed this feature mentioned that the platform has stability issues and could improve its performance.
Cost: 86% of reviews speaking of cost reported that software maintenance and subscriptions are expensive.
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Complex Configuration: Users have reported difficulties navigating and setting up the software, finding it overly complicated for their quoting needs.
Limited Customization: Some users have expressed frustration with the platform's limited ability to tailor the software to their specific workflows and branding requirements.
Occasional Performance Issues: A subset of users have mentioned experiencing occasional slowdowns and glitches, impacting their productivity and ability to generate quotes efficiently.
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PROS is an AI-powered solution that assists businesses with quote management, price optimization and complex product configurations. Reviewers have praised its price guidance and application versioning modules. They also liked the flexibility of the click-and-configure feature. Its analytical tool gives a detailed overview of business and price performance. Other well-liked capabilities include third-party integrations, prompt support and process automation. On the other hand, reviewers felt the platform’s speed is quite slow, particularly for workers accessing it off-premises. Some users also noted that the onboarding process is complex and requires a dedicated support team. Overall, PROS is a strong CPQ solution, with automation and analytical capabilities further adding to its functionality. It’s well-suited for SMBs looking to automate their CPQ processes.

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Is Verenia the veritable solution for your CPQ needs? Over the past year, user reviews for Verenia have painted a mixed picture. On the positive side, many users appreciate its robust customization options and seamless integration capabilities. Compared to competitors like Salesforce CPQ and Oracle CPQ, Verenia stands out for its user-friendly interface and relatively lower cost. One user noted that Verenia's intuitive design significantly reduced the learning curve for their team, allowing them to become productive quickly. However, the software is not without its drawbacks. Several users have reported occasional glitches and slow customer support response times. One review mentioned that while the software's features are comprehensive, the occasional bugs can be frustrating, especially during peak business hours. Another user pointed out that the reporting tools could be more advanced, suggesting that Verenia lags behind competitors like SAP CPQ in this area. A key differentiating factor for Verenia is its flexibility in customization, which is crucial for businesses with unique product configurations. This flexibility allows companies to tailor the software to their specific needs, a feature that many users find invaluable. For instance, one user highlighted how Verenia's customization options enabled them to streamline their sales process, resulting in a 20% increase in efficiency. Verenia is most suited for small to mid-sized businesses that require a cost-effective, customizable CPQ solution. Its ease of use and integration capabilities make it an excellent choice for companies looking to implement a CPQ system without extensive training or a steep learning curve. However, larger enterprises or those needing advanced reporting features might find more value in alternatives like Salesforce CPQ or Oracle CPQ. Overall, Verenia offers a solid, if not perfect, solution for businesses seeking a balance between functionality and affordability.

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