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IBM Sterling CPQ Review

Product Snapshot

Pricing

A yearly license is $282,000.

Technology

IBM Sterling CPQ is available as a SaaS solution that requires no additional hardware.

Customer Focus

IBM works with multinational, enterprise and mid-sized customers.

Selected Customers

Contact vendor directly for case studies.

About IBM Sterling CPQ

IBM Sterling CPQ IBM Sterling CPQ is a CPQ software solution that can automate all the processes that go into configuring, pricing and quoting customer goods. As users start to set up their inventory and pricing structures, they can insert complex pricing tiers, enforce policies for special pricing promotions and display different feature and setting options for sold goods. Customers can then go online to an ecommerce page and receive quotes for all the items they wish to order. Over time, users can observe all sales activity and work together to push out pricing changes. Customers and users can negotiate on quotes until orders are finalized, and the program can set up workflows for quote approvals by management. Lastly, IBM Sterling CPQ comes with a mobile app that allows remote sales reps to generate quotes on their own devices.

About IBM
International Business Machines or IBM is a publicly traded global technology and consulting corporation headquartered in Armonk, New York. IBM provides computer hardware and software, and it offers infrastructure, hosting and consulting services in fields ranging from server farms to nanotechnology.

IBM Sterling CPQ Key Features

  • SaaS CPQ software solution
  • Allows users to provide product options and tiered pricing structures to customers
  • Customers can customize their orders and receive online quotes for them
  • Provides a collaborative space where workers can adjust pricing
  • Can offer discount codes to customers
  • Allows customer to negotiate quotes
  • Users can generate quotes from their mobile devices using an app

 

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