Verenia CPQ

(38)
4.4 out of 5 stars

Verenia CPQ is a cloud-based, industrial strength product configurator and quote management system.

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Verenia CPQ Features

Configuration
Product Catalog

Allows users to search, filter, sort and select items to be added to quote

88%
(Based on 16 reviews)
Guided Selling

Based on answering questions about customers the configurator automatically selects the best fit products

89%
(Based on 14 reviews)
Configuration Rules

Rules ensure that users select only compatible options and that all required items are included

88%
(Based on 23 reviews)
Configured Pricing

Pricing is displayed during configuration process so that users can quickly see how configuration changes impact the price

85%
(Based on 21 reviews)
Visual Configuration

Images can be displayed of options to enable users to visualize product options as it is being configured

87%
(Based on 19 reviews)
Ease of Use

Configurator guides users through process visually; no significant training required

93%
(Based on 27 reviews)
Document Creation
Customizability: Variables and Fields

Define fields to pull in dynamic information.

Not enough data available

Template Creation and Flexibility

Easily assemble custom fields and variables into reusable templates to automate the proposal creation process.

Not enough data available

Rich Media

How well the platform supports images, audio, and video in proposals.

Not enough data available

Online Document Creation

Create adaptive online documents for view via browser or mobile device.

Not enough data available

PDF Creation

Create attractive PDF versions of proposals.

Not enough data available

Custom Branding

Brand proposals and the application's portal with your company's logos and branding.

Not enough data available

Pricing
Pricing Flexibility

Ability to support multiple pricing models for one-time, recurring, and other items

80%
(Based on 18 reviews)
Discounting

Ability to manage discounts at quote and line level; ability manage discounts based on volume and customer agreements

91%
(Based on 19 reviews)
Commerical Rules

Allows rules to be written in commercial process so that users don't make errors in pricing, terms, and other commercial considerations

88%
(Based on 12 reviews)
Terms and Conditions

Ensure that users automatically include the right terms based on items being quoted

91%
(Based on 12 reviews)
Approval Workflow

Users can submit quotes, contracts, etc for approval and obtain appropriate approvals quickly

88%
(Based on 11 reviews)
Renewals

Allows users to renew existing contracts based on contracted pricing and existing assets already owned

88%
(Based on 9 reviews)
Workflow
Document Builder Interface

Easily search for and add elements to a proposal.

Not enough data available

Collaborative Creation

Multiple users can edit a single document.

Not enough data available

Assembly and Approval Workflows

Automate workflows by routing documents to the correct individuals for adding content and approval.

Not enough data available

Quoting
Grouping

Ability to easily group items on quotes; apply and manage discounts and pricing by group

92%
(Based on 16 reviews)
Versioning

Provides abilty for versions to expire, allows users to create new versions, revert to old versions and track changes from version to version

85%
(Based on 11 reviews)
Quote Document Generation

Generate professional proposals with desired branding, product descriptions, pricing, terms, and visuals in desired format (pdf, xls, word)

89%
(Based on 17 reviews)
Document Customization

Users can customize quote with supporting documents, comments, cover letters for each customer.

88%
(Based on 14 reviews)
Ordering

Enables users to seemlessly convert quotes to orders with appropriate validations, workflow, and integration

93%
(Based on 15 reviews)
Contracts

Ability to convert accepted quotes into contracts; set up of required assets and contracts

97%
(Based on 9 reviews)
Analytics
Engagement Tracking

Track who is looking at proposals and how often or for how long.

Not enough data available

Proposal Effectiveness Reporting

Find out which pieces of content are performing best.

Not enough data available

Reporting and Dashboards

Access pre-built and custom reports and dashboards on proposal volume and acceptance.

Not enough data available

Admin
Configuration Ease of Admin

Easily build and maintain configurator; flexibility to easily embed all desired business logic

85%
(Based on 12 reviews)
Pricing Administration

Can easily build and maintain pricing logic required by business

85%
(Based on 10 reviews)
Workflow Management

Easily build and maintain workflows, misc commercial fields, commercial rules

80%
(Based on 9 reviews)
Document Admin

Ability to easily build and maintain quotes, contracts, and other document outputs

81%
(Based on 10 reviews)
Administration and Platform
User, Role, and Access Management

Grant access to select data, features, objects, etc. based on the users, user role, groups, etc.

Not enough data available

Alerts and Notifications

Program in-app and email notifications for approval milestones or actions.

Not enough data available

CRM Integration

Push and pull data from CRM to build proposals and update statuses with clients.

Not enough data available

E-Signature Integration

Couple accepting proposals and signing contracts together in one workflow.

Not enough data available

API / Integrations

Application Programming Interface - Specification for how the application communicates with other software. API's typically enable integration of data, logic, objects, etc. with other software applications.

Not enough data available

CPQ Integration

Push and pull data from quote applications to build proposals.

Not enough data available

Channels
Mobile User Support

Supports users working on a mobile devide (phone and/or tablet)

79%
(Based on 10 reviews)
Offline Support

Provides ability to enable sales rep to use Configure, Price and Quote while disconnected from the internet

n/a
Channel Partner Support

Provides functionality for channel partners to configure, price, quote and buy products in a self service environment

83%
(Based on 8 reviews)
eCommerce

End customer users can configure, price, and buy products in a self service environment online

94%
(Based on 5 reviews)
Platform
CRM Integration

CRM integration is flexible and easy to maintain

78%
(Based on 9 reviews)
Integration API

System provides API's that can be used to easily integrate to financial and other 3rd party systems

83%
(Based on 7 reviews)
Internationalization

System support multiple currencies and languages to enable business in multiple countries

75%
(Based on 6 reviews)
Performance and Reliability

System is consistently available (uptime) and system's speed doesn't impact productivity

82%
(Based on 11 reviews)
Scalability

Provides ability for very large quotes, number of products, users, rules, required by enterprize level customers

88%
(Based on 11 reviews)
Reporting and Dashboards

Easily generate desired reports and dashboard on configurations, pricing, and quoting

55%
(Based on 5 reviews)