SAP CPQ Reviews & Pricing
What is SAP CPQ?
Industry Specialties: Sales
SAP CPQ Pricing
Based on our most recent analysis, SAP CPQ pricing starts in the range of $100 - $500.
- Price
- $$$$$
- Starting From
- Undisclosed
- Pricing Model
- Monthly, Quote-based
- Free Trial
- No
Training Resources
SAP CPQ is supported with the following types of training:
- Documentation
- In Person
- Live Online
- Videos
- Webinars
Support
The following support services are available for SAP CPQ:
- Phone
- Chat
- FAQ
- Forum
- Help Desk
- Knowledge Base
- Tickets
- Training
- 24/7 Live Support
SAP CPQ Benefits and Insights
Key differentiators & advantages of SAP CPQ
- 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.
Industry Expertise
SAP CPQ Reviews
Based on our most recent analysis, SAP CPQ reviews indicate a 'great' User Satisfaction Rating of 87% based on 13 user reviews from 1 recognized software review sites.
Synopsis of User Ratings and Reviews
Based on an aggregate of SAP CPQ reviews taken from the sources above, the following pros & cons have been curated by a SelectHub Market Analyst.
Pros
Cons
Researcher's Summary:
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.
Key Features
- 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.