SAP CPQ vs QuoteCloud

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

QuoteCloud Software Tool

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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QuoteCloud is a sophisticated software solution designed to streamline the Configure, Price, Quote (CPQ) process. It excels in automating the creation of sales quotes, proposals, and contracts, making it particularly suitable for businesses that require efficient and accurate pricing configurations. This tool is ideal for sales teams, small to medium-sized enterprises, and large corporations that need to manage complex pricing structures and approval workflows.

One of the standout benefits of QuoteCloud is its ability to reduce the time spent on generating quotes, thereby accelerating the sales cycle. Users appreciate its intuitive interface, robust customization options, and seamless integration with CRM systems. Popular features include dynamic pricing models, real-time collaboration, and detailed analytics that provide insights into sales performance.

Compared to similar products, QuoteCloud is often praised for its user-friendly design and comprehensive feature set. While specific pricing details are not always readily available, potential users are encouraged to contact SelectHub for a tailored pricing quote based on their unique requirements. Payment structures typically vary, with options for monthly or annual subscriptions.

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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 Efficiency: Automates the quote generation process, reducing the time spent on manual tasks and allowing sales teams to focus on closing deals.
  • Improved Accuracy: Minimizes errors in pricing and configurations by using predefined rules and templates, ensuring quotes are correct and consistent.
  • Enhanced Collaboration: Facilitates better communication between sales, finance, and legal teams by providing a centralized platform for quote management.
  • Faster Turnaround: Speeds up the approval process with automated workflows, enabling quicker response times to customer inquiries.
  • Customizable Templates: Allows for the creation of tailored quote templates that reflect the brand’s identity and meet specific client needs.
  • Real-Time Data Access: Provides up-to-date information on pricing, inventory, and customer details, helping sales teams make informed decisions.
  • Scalability: Supports growing businesses by handling an increasing volume of quotes without compromising performance or accuracy.
  • Enhanced Customer Experience: Delivers professional and accurate quotes quickly, improving customer satisfaction and trust.
  • Integration Capabilities: Seamlessly integrates with CRM and ERP systems, ensuring data consistency across platforms and enhancing overall business processes.
  • Cost Savings: Reduces the need for manual intervention and rework, leading to lower operational costs and higher profitability.
  • Compliance Assurance: Ensures quotes adhere to company policies and industry regulations, reducing the risk of non-compliance.
  • Insightful Analytics: Offers detailed reporting and analytics on quote performance, helping businesses identify trends and areas for improvement.
  • Enhanced Security: Protects sensitive data with robust security measures, ensuring that customer and pricing information remains confidential.
  • Flexibility: Adapts to various business models and industries, providing a versatile solution for different quoting needs.
  • Reduced Training Time: Intuitive interface and user-friendly design minimize the learning curve, allowing new users to become proficient quickly.
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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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  • Customizable Templates: Create and save personalized templates for quotes, ensuring consistency and efficiency in your sales process.
  • Real-Time Collaboration: Collaborate with team members and clients in real-time, making it easier to finalize quotes quickly and accurately.
  • Automated Pricing Rules: Set up complex pricing rules and discount structures that automatically apply to quotes, reducing manual errors.
  • Integration Capabilities: Seamlessly integrate with CRM systems like Salesforce and HubSpot, ensuring data consistency across platforms.
  • Electronic Signatures: Allow clients to sign quotes electronically, speeding up the approval process and reducing paperwork.
  • Analytics and Reporting: Generate detailed reports and analytics to track quote performance and identify areas for improvement.
  • Multi-Currency Support: Handle quotes in multiple currencies, making it easier to do business internationally.
  • Mobile Accessibility: Access and manage quotes from any device, ensuring you can work on the go.
  • Approval Workflows: Set up custom approval workflows to ensure quotes are reviewed and approved by the right people before being sent to clients.
  • Document Management: Store and manage all quote-related documents in one place, making it easy to find and reference past quotes.
  • Product Catalog Management: Maintain a comprehensive product catalog with detailed descriptions, images, and pricing information.
  • Client Portal: Provide clients with a secure portal where they can view, approve, and comment on quotes.
  • Notifications and Alerts: Set up notifications and alerts to keep you informed of important quote-related activities and deadlines.
  • Custom Branding: Customize the look and feel of your quotes to match your company's branding, creating a professional and cohesive appearance.
  • Version Control: Keep track of changes to quotes with version control, ensuring you always have access to the most up-to-date information.
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Product Ranking

#21

among all
CPQ Software

#37

among all
CPQ Software

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Analyst Rating Summary

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Analyst Ratings for Functional Requirements Customize This Data Customize This Data

SAP CPQ
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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 0 25 50 75 100
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User Sentiment Summary

Great User Sentiment 13 reviews
Great User Sentiment 42 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.

82%
of users recommend this product

QuoteCloud has a 'great' User Satisfaction Rating of 82% when considering 42 user reviews from 2 recognized software review sites.

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4.09 (20)
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4.1 (22)
4.35 (13)
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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

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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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Customizable Templates: QuoteCloud enables you to tailor your quotes and proposals by adjusting the existing templates or creating new ones from scratch for your specific needs.
Version Control: The software provides you with the ability to manage different versions of your quotes, ensuring that you are always working with the most up-to-date information and can track the changes made over time.
Seamless Integration: QuoteCloud seamlessly integrates with various business tools, including CRM and ERP systems, to streamline your workflows and eliminate the need for manual data entry.
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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 Setup: Getting QuoteCloud up and running can be pretty involved, and it might take a while for your team to get comfortable using it.
Documentation Needs Improvement: While QuoteCloud's customer support gets good reviews, users have mentioned that they would like to see more detailed documentation to help them troubleshoot issues and make the most of the platform's features.
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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 QuoteCloud all it's cracked up to be? User reviews from the past year suggest it's a breath of fresh air for businesses seeking to streamline their sales processes. QuoteCloud stands out for its user-friendly interface and robust customization options, allowing users to effortlessly generate professional proposals tailored to specific client needs. For instance, travel agencies highlight how QuoteCloud's customizable templates and seamless integration with platforms like Crosscheck Travel have transformed their customer interactions. However, like a cloud with a slight shadow, QuoteCloud has its drawbacks. Some users point to occasional technical hiccups and an initial learning curve, particularly for those unfamiliar with CPQ software. Additionally, while its pricing structure is generally viewed favorably, some multi-user agencies find it a tad steep compared to other options. The real value of QuoteCloud shines through in its ability to simplify complex quoting processes, making it a godsend for businesses tired of juggling spreadsheets and struggling with manual calculations. Its intuitive design and integration capabilities make it ideal for small to medium-sized businesses looking to automate their sales processes without breaking the bank.

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