SAP CPQ vs Verenia

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Our analysts compared SAP 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

SAP CPQ is a cloud-based solution designed to streamline quote fulfillment and eliminate pricing errors. Users can configure products by using step-by-step selection and defining product rules. It enables customers to view product modifications and place orders.

Sales representatives can generate and update quotes using any internet-accessible device. Ideal for omnichannel selling, the AI-powered tech automates and generates upsell and cross-sell options. It integrates with various CRM and ERP systems and is available in multiple languages and currencies.
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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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Product Assistance

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Knowledge Base
24/7 Live Support
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Product Insights

  • Increase Efficiency: Minimize time spent generating quotes with logic-based sales processes. Generate proposals utilizing templates and get quotes signed with e-signature integration. 
  • Boost Sales: Add upselling and cross-selling options to quotes using AI and customer information. Integrate with CRM and ERP systems to turn opportunities into quotes. 
  • Streamline Processes: Establish automated approval and exception workflows. Access additional connectivity to sell through multiple channels and platforms. 
  • Minimize Errors: Eliminate order errors caused by manual order processing. View relevant discounts and margins to ensure accurate quotes are submitted. 
  • Improve Customer Engagement: Enable customers to create inquiries and place orders. Send personalized, content-rich proposals to enhance the customer experience. 
  • Protect Profit Margins: Define eligibility rules and manage guardrails to protect profit margins and speed up the approval process. 
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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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  • Proposal Generation: Create customized quotes and proposals with built-in templates and pricing rules. Include relevant content files to add value to proposals. Send proposals digitally and get verification using e-signature collection. 
  • Quote Management: Search and configure products before adding to quotes. Edit and copy quotes and change workflow status. 
  • Online Catalog: Divide products into categories and subcategories. Navigate to view available products and subcategories. Select and view product comparisons within the catalog. 
  • Real-Time Visualizations: Configure complex products using step-by-step selection and product rules. Visualize modifications and workflows in real time. 
  • AI Selling: Add cross-selling and upselling options to quotes based on customer information. Use AI-powered predictive analysis and guided selling. 
  • CRM and ERP Integration: Generate and modify opportunities, accounts and contacts. Search for contacts or accounts to use in-quotes, or create quotes from opportunities in either system. 
  • Automated Workflows: Set up approval and exception workflows to speed up the sales cycle and skip complex validation checks. 
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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

#21

among all
CPQ Software

#24

among all
CPQ Software

Find out who the leaders are

Analyst Rating Summary

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59
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33
82
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80
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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

SAP 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 50 82 60 35 100 81 96 97 33 45 80 19 67 73 64 73 0 25 50 75 100
0%
83%
17%
33%
0%
67%
82%
0%
18%
45%
0%
55%
60%
0%
40%
80%
0%
20%
33%
0%
67%
17%
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83%
100%
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67%
0%
33%
77%
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23%
69%
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31%
94%
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6%
59%
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41%
95%
0%
5%
74%
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26%

Analyst Ratings for Technical Requirements Customize This Data Customize This Data

45%
0%
55%
36%
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64%

User Sentiment Summary

Great User Sentiment 13 reviews
Excellent User Sentiment 116 reviews
87%
of users recommend this product

SAP CPQ has a 'great' User Satisfaction Rating of 87% when considering 13 user reviews from 1 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.

n/a
4.4 (46)
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4.7 (66)
n/a
4.0 (4)
4.35 (13)
n/a

Awards

SelectHub research analysts have evaluated SAP CPQ and concluded it earns best-in-class honors for Platform Capabilities and Security, Product Configurator and Catalog Management and Quote Management.

Platform Capabilities and Security Award
Product Configurator and Catalog Management Award
Quote 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: Users appreciate the guided selling functionality, which simplifies product configuration and ensures accurate quotes by dynamically adjusting options based on customer responses.
Streamlined Quote-to-Cash: The platform accelerates the quote-to-cash process, reducing errors and delays by automating tasks such as quote generation, approvals, and order processing.
Integration with SAP Ecosystem: Seamless integration with other SAP solutions, such as ERP and CRM systems, provides a unified view of customer data and streamlines business processes.
Customization and Scalability: SAP CPQ offers extensive customization options to tailor the platform to specific business needs and can scale to accommodate growth.
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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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Usability Challenges: Users with limited technical expertise may find the interface and configuration process complex and time-consuming, requiring significant training and support.
Customization Limitations: Adapting the solution to specific business requirements can be challenging due to limited flexibility in certain areas, potentially requiring workarounds or compromises.
Integration Complexities: Integrating SAP CPQ with existing IT infrastructure and other enterprise systems can be a complex undertaking, demanding careful planning and execution to ensure seamless data flow and process alignment.
Cost Considerations: The licensing and implementation costs associated with SAP CPQ can be substantial, particularly for larger organizations or those with complex quoting requirements, making it crucial to carefully evaluate the return on investment.
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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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SAP CPQ has garnered positive feedback for its ability to streamline the sales process, particularly for businesses with complex product configurations and pricing structures. Users appreciate the software's intuitive interface and robust features, which allow for efficient quote generation and order management. The ability to create and manage product variants, options, and pricing rules is a significant advantage, ensuring accuracy and consistency in quotes. Additionally, SAP CPQ's integration capabilities with other SAP and third-party solutions, such as CRM and ERP systems, further enhance its value by providing a seamless flow of data across different platforms. While SAP CPQ offers numerous benefits, some users have noted that the initial setup and configuration can be complex, requiring careful planning and potentially involving additional costs for implementation and training. Additionally, while the software provides a comprehensive set of features, its flexibility may come at the expense of ease of use for simpler sales processes. Compared to competitors like Salesforce CPQ and PandaDoc CPQ, SAP CPQ stands out with its deep integration with other SAP solutions, making it a preferred choice for businesses already invested in the SAP ecosystem. However, for organizations seeking a more standalone CPQ solution with a focus on ease of use and affordability, alternatives like PandaDoc CPQ might be more suitable. In conclusion, SAP CPQ is best suited for medium to large enterprises with complex product offerings and a need for seamless integration with existing SAP systems. Its ability to handle intricate configurations, pricing rules, and approvals makes it a valuable tool for streamlining sales processes and improving efficiency. However, businesses with simpler sales requirements or those not already using SAP solutions may find other CPQ options more cost-effective and user-friendly.

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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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Screenshots

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