Salesforce CPQ vs Verenia

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Our analysts compared Salesforce CPQ 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

Salesforce CPQ is a cloud-based software designed to streamline the sales process for businesses, particularly those dealing with complex products or services that require a high degree of customization. By automating tasks such as configuring products, generating quotes, and managing pricing, Salesforce CPQ can significantly improve sales efficiency and customer satisfaction while reducing costs. Key features include product catalog management, quote creation, and pricing automation, all of which contribute to a more efficient sales cycle.

User experiences suggest that Salesforce CPQ excels in its ability to handle intricate product configurations and pricing rules, making it a valuable tool for businesses with complex sales processes. While pricing details may vary based on specific requirements and contract terms, it's important to note that Salesforce CPQ typically involves subscription-based fees. When considering similar products, it's recommended to carefully evaluate features, pricing structures, and user reviews to determine the best fit for your business needs. Keep in mind that pricing and feature information can change over time, so it's always a good idea to check the latest resources for the most current details.

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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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$150/User, Monthly
Get a free price quote
Tailored to your specific needs
$89/User, Monthly
Get a free price quote
Tailored to your specific needs
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Mobile
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Mobile

Product Assistance

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

Product Insights

  • Diverse Sales Flexibility: Create a customizable pricing system with various sales options and configuring conditions. 
  • Simplify Sales: Use popular third-party integrations and an intuitive interface to easily create configuring systems. 
  • Fast Results: Use complex computing engines and numerous presets to configure quotes quickly. 
  • Versatile Tool: Use AI, integrations and other analytic tools to optimize the program’s efficiency. Optimize the configuring process through analysis of customer purchase data. 
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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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  • Pricing Engine: Use a sophisticated pricing engine to model different types of payments, including one-time payments, recurring payments and payments determined by usage. 
  • Automated Renewal Quotes: Save time by automating renewed quotes and sending summaries to current customers. 
  • Centralized Data: Ensure complete visibility by keeping client data in one place, including purchases, assets and subscriptions. 
  • AI Insights: Manipulate AI data gathering and findings to better understand client data. Increase sales intelligence and create deeper insight reports. 
  • Automated Invoices: Split quotes into multiple orders to simplify and automate configurations. Eliminate pricing discrepancies by using a singular pricing engine. 
  • Price Analytics: Task AI to detect trends among products, sales teams and regions. Mine data from AI analysis to better suit pricing standards. 
  • Accessibility: Access functions from any desktop or mobile device with internet connection. Use cloud-capabilities to track quotes on the go. 
  • Integration: Utilize flexible integration capabilities to bundle with other leading products like Docusign. 
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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

#7

among all
CPQ Software

#24

among all
CPQ Software

Find out who the leaders are

Analyst Rating Summary

85
59
37
33
82
45
100
80
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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

Salesforce CPQ
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 37 82 100 63 97 100 81 95 33 45 80 19 67 73 64 73 0 25 50 75 100
17%
33%
50%
33%
0%
67%
73%
0%
27%
45%
0%
55%
100%
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80%
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20%
67%
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33%
17%
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83%
92%
8%
0%
67%
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33%
100%
0%
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69%
0%
31%
76%
6%
18%
59%
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41%
95%
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5%
74%
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26%

Analyst Ratings for Technical Requirements Customize This Data Customize This Data

64%
0%
36%
36%
0%
64%

User Sentiment Summary

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Excellent User Sentiment 116 reviews
we're gathering data
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.

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4.4 (46)
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4.7 (66)
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4.0 (4)

Awards

SelectHub research analysts have evaluated Salesforce CPQ and concluded it earns best-in-class honors for Dashboard and Reporting and Price Management.

Dashboard and Reporting Award
Price 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

Guided Selling: Salesforce CPQ provides a guided selling experience that helps sales reps to configure products and generate quotes quickly and accurately, even for complex products with many options and dependencies. This can help to reduce errors and improve sales efficiency.
Streamlined Quote-to-Cash: Salesforce CPQ helps to streamline the quote-to-cash process by automating many of the manual tasks involved in generating quotes, contracts, and invoices. This can help to reduce cycle times and improve cash flow.
Improved Accuracy: Salesforce CPQ helps to improve the accuracy of quotes by ensuring that all products and services are priced correctly and that all discounts and promotions are applied consistently. This can help to reduce billing errors and improve customer satisfaction.
Increased Sales: Salesforce CPQ can help to increase sales by making it easier for sales reps to sell complex products and services. It can also help to improve customer satisfaction by providing a more streamlined and efficient sales experience.
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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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Steep Learning Curve: Salesforce CPQ has a reputation for being complex and challenging to learn, especially for users without prior experience with Salesforce products or CPQ software. The abundance of features and customization options can be overwhelming for new users, often requiring extensive training and support to get up to speed.
Implementation Challenges: Implementing Salesforce CPQ can be a time-consuming and resource-intensive process, often requiring the involvement of experienced consultants or developers. Integrating CPQ with existing Salesforce instances or other business systems can pose additional challenges, potentially leading to delays and budget overruns.
Cost: Salesforce CPQ is a premium product with a price tag to match. The subscription fees, implementation costs, and ongoing maintenance expenses can be significant, especially for small and medium-sized businesses. The pricing structure can also be complex, with different tiers and add-on features that can quickly increase the overall cost.
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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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Salesforce CPQ has garnered significant praise for its user-friendly interface, enabling sales teams to swiftly generate accurate quotes and streamline the sales process. Users highlight the software's intuitive design and guided selling capabilities, which empower representatives to configure products, determine pricing, and create professional quotes with ease. This efficiency translates into faster sales cycles and improved customer satisfaction. Salesforce CPQ's integration with Salesforce CRM further enhances its value proposition by providing a unified platform for managing customer interactions, sales processes, and order fulfillment. However, some users note that Salesforce CPQ's robust features come at a cost, as the software can be relatively expensive compared to some competitors. Additionally, the platform's extensive customization options, while offering flexibility, can also introduce complexity for new users. Despite these drawbacks, many users consider Salesforce CPQ a worthwhile investment due to its ability to drive revenue growth and enhance sales productivity. The software's strengths in automation, accuracy, and integration make it particularly well-suited for businesses with complex sales processes, diverse product offerings, and a need for scalability. Salesforce CPQ empowers these organizations to optimize their sales operations and achieve sustainable growth.

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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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