TrustRadius

IBM Sterling Configure, Price, Quote vs. MonetizeNow

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
IBM Sterling Configure, Price, Quote
Score 7.9 out of 10
N/A
IBM Sterling CPQ transforms and automates configuration, pricing and quoting of complex products and services.N/A
MonetizeNow
Score 0.0 out of 10
N/A
A unified CPQ and Billing Platform for B2B SaaS enterprises that supports all sales channels (including marketplaces) and all business models (including real-time usage billing). It is presented as a fully-automated Quote-to-cash solution with a unified CPQ, billing and usage Platform, with realtime ingestion, metering, and pricing, or support for prepaid, minimum commit and other pricing models.N/A
Pricing
IBM Sterling Configure, Price, QuoteMonetizeNow
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
IBM Sterling Configure, Price, QuoteMonetizeNow
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details——
More Pricing Information
Community Pulse
IBM Sterling Configure, Price, QuoteMonetizeNow
Considered Both Products
IBM Sterling Configure, Price, Quote
Lane Cox | TrustRadius Reviewer
Lane Cox
Marketing Director
Chose IBM Sterling Configure, Price, Quote
Apart from Experlogix CPQ failing yo seamlessly integrate with a lot of external applications via API, it also has weak CPQ features and is not popular than IBM CPQ. That’s why we decided to shift from Experlogix few months after I joined AT&T.
Matt Saunders | TrustRadius Reviewer
Matt Saunders
Bank Accountant
Chose IBM Sterling Configure, Price, Quote
Unlike other Sterling, Configure, Price and Quote products such as Vendavo, IBM CPQ has robust features that fit all sorts of organizations from small to enterprise corporations. Also, another disparity is that IBM CPQ is hosted in a secured data center and seldom store PCI …
JW
Janna Wiseman
Product Manager
Chose IBM Sterling Configure, Price, Quote
There are tons of Configure, Price and Quote software, but I have not used a lot of them. However, unlike IBM CPQ, Hubspot Sales Hub isn’t operated in compliance with any ISO standards and secured in a data center making it easy to leak customer sensitive data such as payment …
Kristen Corp | TrustRadius Reviewer
Kristen Corp
Talent Development Analyst
Chose IBM Sterling Configure, Price, Quote
Unlike other competitive CPQ solutions, IBM CPQ do not store any sensitive personal data like credit card details. Therefore, by using iFrame mechanism, it makes it a trustworthy product.
Rakesh Mohapatra | TrustRadius Reviewer
Rakesh Mohapatra
Senior Database Administrator
Chose IBM Sterling Configure, Price, Quote
IBM CPQ being hosted in a secured information center, it ensures that customer data is encrypted to never leak to cyber attackers. Also, unlike QuoteWerks, IBM CPQ has robust configure, price and quote features for all sorts of organizations from medium-sized to enterprise …
Kelvin Burrows | TrustRadius Reviewer
Kelvin Burrows
Chief Actuary
Chose IBM Sterling Configure, Price, Quote
IBM CPQ has a robust backend integration feature that makes it possible to connect it with a wide array of external APIs and Applications like Salesforce.com to advance procedures such as order-to-cash and purchase orders.
MonetizeNow

No answer on this topic

Features
IBM Sterling Configure, Price, QuoteMonetizeNow
CPQ
Comparison of CPQ features of Product A and Product B
IBM Sterling Configure, Price, Quote
10.0
Ratings
14% above category average
MonetizeNow
-
Ratings
Quote sharing/sending10.00 Ratings00 Ratings
Product configuration10.00 Ratings00 Ratings
Configuration options10.00 Ratings00 Ratings
Pricing rules10.00 Ratings00 Ratings
Price adjustment10.00 Ratings00 Ratings
Purchase history and open contracts10.00 Ratings00 Ratings
Guided selling/Sales portal10.00 Ratings00 Ratings
CPQ reporting & analytics10.00 Ratings00 Ratings
CPQ-CRM integration10.00 Ratings00 Ratings
Attachments to quotes10.00 Ratings00 Ratings
Order capturing10.00 Ratings00 Ratings
Best Alternatives
IBM Sterling Configure, Price, QuoteMonetizeNow
Small Businesses
QuoteWerks
QuoteWerks
Score 9.4 out of 10
QuoteWerks
QuoteWerks
Score 9.4 out of 10
Medium-sized Companies
QuoteWerks
QuoteWerks
Score 9.4 out of 10
QuoteWerks
QuoteWerks
Score 9.4 out of 10
Enterprises
SAP Sales Cloud
SAP Sales Cloud
Score 8.3 out of 10
SAP Sales Cloud
SAP Sales Cloud
Score 8.3 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
IBM Sterling Configure, Price, QuoteMonetizeNow
Likelihood to Recommend
9.5
(0 ratings)
-
(0 ratings)
Support Rating
10.0
(0 ratings)
-
(0 ratings)
User Testimonials
IBM Sterling Configure, Price, QuoteMonetizeNow
Likelihood to Recommend
Were it not for the fact that IBM CPQ lacks mobile and tablet applications, I would have recommended it 100%. However, I still have that 99% recommendation rate since this solution has saved us a lot by allowing us to close more sales within a short period by creating a channel where we collaborate with customers by offering coupons, sending price lists and orders.
Erin Quinn | TrustRadius Reviewer
Erin Quinn
Customer Service Manager
Read full review
No answers on this topic
Pros
  • Automating configuration, pricing and quotation of banking services.
  • Via web self-service on IBM CPQ, customers and the sales team are able to streamline sales processes by getting guidance whenever needed.
  • Customers are able to view price lists before making any purchase so as to make informed decisions.
Matt Saunders | TrustRadius Reviewer
Matt Saunders
Bank Accountant
Read full review
No answers on this topic
Cons
  • Disaster recovery and backup databases are hectic to utilize without IT skills due to it’s rich in lots of features.
  • Cost is slightly expensive, but it is worth the results we gain.
Kristen Corp | TrustRadius Reviewer
Kristen Corp
Talent Development Analyst
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No answers on this topic
Support Rating
Timely and courteous response time from IBM Support any time there was a request that needed to be made.
Verified User
Anonymous
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No answers on this topic
Alternatives Considered
Apart from Experlogix CPQ failing yo seamlessly integrate with a lot of external applications via API, it also has weak CPQ features and is not popular than IBM CPQ. That’s why we decided to shift from Experlogix few months after I joined AT&T.
Lane Cox | TrustRadius Reviewer
Lane Cox
Marketing Director
Read full review
No answers on this topic
Return on Investment
  • IBM CPQ has enabled us to gain a lot of leads, which turns to be real clients by imposing discounts on our services.
  • Integration with salesforce.com makes it easy to configure products and services by creating quote-to-cash orders.
  • Price lists and coupons makes it easy to customers to place orders.
JW
Janna Wiseman
Product Manager
Read full review
No answers on this topic
ScreenShots