SaleSqueze CPQ for manufacturers

31+ Best CPQ Software Solutions for Manufacturing in 2024

4 August, 2024
Leon Panjtar

CEO, SaleSqueze

CPQ software is becoming essential in manufacturing.

Selecting the best CPQ software for manufacturing is similar to choosing the perfect toolkit for a master craftsman. It enhances efficiency and precision in the sales process. In today’s competitive marketplace, the right CPQ solution empowers sales teams to configure complex products accurately, price automatically, and generate error-free and production-ready quotes and orders in an instant, through an easy to use and modern user experience.

What is CPQ software?

CPQ software, or Configure, Price, Quote software, is a software solution that revolutionizes the quoting process by guiding the user through the configuration process for customizable products. It takes of automatically calculating the product price, and creating precise, professional quotes with minimal input and effort. CPQ is indispensable for businesses that aim to streamline their sales operations, while increasing accuracy and boosting efficiency to drive higher revenue and improve customer satisfaction.

Configure

Configuring CPQ software correctly is a critical step for sales teams aiming for precision. CPQ offers the configuration capability, that allows users to design product or solution configurators that respect business rules, logic and constraints of products.

A well-implemented CPQ system can reduce quoting and ordering errors by up to 99%, automate dealer relations and increase lead times and improve customer experience to maximize growth.

This allows teams to tailor products to meet specific customer needs, ensuring that every configuration aligns perfectly with customer expectations. This personalization not only enhances satisfaction but also builds trust and loyalty and eases the manufacturing process.

The robust features of CPQ software guide users through the product configuration process, simplifying complex choices. This precision enables faster decision-making and a significant reduction in turnaround times, giving businesses a big competitive edge.

Price

Selecting the best CPQ software involves evaluating comprehensive pricing capabilities, including customer-specific pricing, market-specific pricing, pricing and rebate rules, to match business and product needs and logic.

CPQ solutions support many different pricing scenarios:

  • Subscription pricing: Many CPQ solutions offer subscription pricing that are mostly applicable in SaaS, Financial and Insurance industries.
  • Price books: A common model where costs of the product are determined based on the BOM or selections.
  • Revenue share: Many times, products generate revenue for the buyer, so the seller can use this model to earn revenue long-term.

Assessing these pricing models helps businesses identify the most efficient CPQ solution for their use case.

Choosing the right pricing capabilities ensures that the software aligns with both the commercial and operational logic of the company.

Quote

Creating quotes efficiently and accurately with automation is essential for sales teams seeking to close deals successfully.

  • Automated Quote Generation: Speeds up the process and minimizes errors.
  • Flexible Pricing Models: Allows for customized pricing strategies.
  • Integration Capabilities: Seamlessly integrates with CRM and ERP systems.
  • Collaborative Features: Facilitates teamwork and approval workflows.
  • Real-Time Updates: Ensures the quotes reflect current pricing and availability.

These features empower sales representatives to deliver precise quotes quickly.

With the best CPQ software, teams can enhance their productivity and customer satisfaction.

Best CPQ Software for Manufacturing

Finding the right CPQ software is crucial for aligning with a company’s sales objectives and operational needs. The best CPQ software for sales teams combines robust features, user-friendly interfaces, and dynamic capabilities to streamline sales processes, enhance accuracy, and drive growth. Below is a curated list of the best CPQ software for manufacturing in 2024, each offering unique advantages to boost sales efficiency and client satisfaction.

1) SaleSqueze CPQ‍

Use case gallery:

User score: 4.8 ⭐

Suitable for: Enterprise, Mid-market

Customers: Fotona, Robeta, Adria, Interblock, Creina, Agromehanika, GartenLux, Follhaus, IMP, LIP Bled, Berghaus, HomeOne, Armat, Riko Ekos, Milwood Group

Short description:

SaleSqueze CPQ isn’t just another configure-price-quote tool—it’s a transformative experience for the manufacturing world. Unlike traditional CPQ solutions that merely streamline quotes, SaleSqueze redefines the entire sales process by empowering customers and sales teams alike with a visual, self-service platform that simplifies even the most complex product configurations.

With SaleSqueze, you don’t just speed up quoting—you revolutionize it. Our platform enables manufacturers to offer an unparalleled customer experience by allowing users to visually configure products in real-time, ensuring accuracy and satisfaction from the first interaction. Whether you’re selling intricate machinery or customized solutions, SaleSqueze integrates seamlessly with your existing systems to provide instant, error-free quotes, driving higher conversion rates and shortening sales cycles.

Why Choose SaleSqueze CPQ:

  • Visual Configuration: Engage customers with an intuitive, interactive interface that brings their customizations to life.
  • Precision and Speed: Generate error-free, production-ready quotes in minutes, reducing the need for extensive back-and-forth.
  • Integrations: Connect effortlessly with your existing CRM, ERP, and engineering systems for a unified sales experience.
  • Self-Service: Empower your customers to configure and quote independently, freeing up your sales team to focus on closing deals.

Pros: Easy to use, Fast to implement, Drag & Drop Visual Configurator Builder, Easy Built-in integrations, Great Customer Experience, Awesome Customer Support
Cons: Not suitable for ETO and bespoke solutions, no support for CAD automation

Pricing: Starts at €799/m

Try SaleSqueze CPQ for Free

Experience the power of a modern CPQ for manufacturers with a 30-day free trial access. 

2) Salesforce CPQ‍

User score: 4.2 ⭐

Suitable for: Enterprise, Mid-market

Customers: mostly mid and large companies featuring Aryaka, Mirketa Inc, Cognizant, Haivision, Mindtree, Tata Consultancy Services, Morgan White Group, Arcserve, Scotiabank, HunTy, Infosys, SITA Airport IT, Rochester Electronics, PwC India, Enverus, OneStep Group, RMSI

Short description:

Salesforce Revenue Cloud is a tool designed to manage pricing, quoting, invoicing activities, and more for businesses.

Unifying all product-to-cash customer touchpoints on CRM allows you to launch recurring revenue streams, transform the customer buying journey, and reduce operating costs. Built on the#1 CRM, Revenue Cloud comes with built-in automation, intelligence, and real-time data.

It also:

  • enables customers to self-serve on any digital channel for ongoing purchases like upgrades, renewals, and add-ons
  • connects to other sales channels like field service and digital commerce
  • empowers businesses to nurture ongoing customer relationships
  • consolidates transactional customer data like previous purchases, active subscriptions, and payment history, completing the C360 journey

Pros: Ease of Use, Revenue Management, Product Functionality, Sales Revenue, Features

Cons: Learning Curve, Complexity, Learning Difficulty, Limited Functionality, Difficult Customization

Pricing: Starts at $75 per user / per month

3) DealHub.io

User score: 4.7 ⭐

Suitable for: Enterprise, Mid-market 68%

Customers: Hibob, Zappi, VP Sales Operations & Excellence, Global Revenue Operations, Pavilion, Tines, Deel, BrainStorm Inc., wtv Global, Workato, AppViewX, VP Revenue Operations, Cision, Adecco, eFinancialcareers, Ambassadorssuites.com, Moengage, Imply Data, AvePoint, Camunda, Molten Metal Equipment Innovations, Fastpath Solutions LLC …

Short description:

DealHub is a customizable tool that integrates with Salesforce to streamline the quoting and proposal process, and includes features such as collaborative proposal sharing, redlining, and tracking of customer-facing documents.

Pros: Ease of Use, Revenue Management, Product Functionality, Sales Revenue, Features

Cons: Learning Curve, Complexity, Learning Difficulty, Limited Functionality, Difficult Customization

Pricing: See DealHub for Pricing

4) HubSpot Sales Hub

User score: 4.4 ⭐

Suitable for: Enterprise, Mid-market, SMB

Customers: SalesHookup, STG InfoTech, PMG.net, Try Geeks, EVP of Communications & Marketing, Polymershapes, His way At Work, Stratagon, The Knowledge Academy, Floatbot, GoContact, Muninn, ZigZag Global, SDR, Drip Capital, Intouch World, Buy ‘n’ Sell, Bylac, TeamWhale / Saledo Global, Paiger, Complete Technology Solutions, Kaizen Institute Western Europe, Bold&Grit, Inclusion Cloud, TAPMI Bengaluru, BuyerForesight, Wonderlic,

Short description:

Supercharge your sales process with Sales Hub, a powerful and easy-to-use sales CRM that includes sales engagement tools, configure-price-quote (CPQ) functionality, and robust sales analytics for growing teams.

Sales Hub is built on the HubSpot CRM platform where customer data, tools, and teams come together to create a single source-of-truth for unprecedented sales rep efficiency. When using the full CRM platform, reps can get richer insights, warmer leads, and aligned enablement materials to help them operate at max efficiency. Plus, tap into our expansive ecosystem of app and solutions partners to craft an exceptional end-to-end customer experience.

Whether it’s strategies, services, or software — HubSpot allows you to scale your company, not complexity. HubSpot has everything you need to grow better.

Pros: Ease of Use, Revenue Management, Product Functionality, Sales Revenue, Features

Cons: Learning Curve, Complexity, Learning Difficulty, Limited Functionality, Difficult Customization

Pricing: See HubSpot pricing

5) Oracle CPQ

User score: 3.9 ⭐

Suitable for: Enterprise, Mid-market

Customers: Publicis Sapient, ESCO Corporation, ADNOC Distribution, FIS, Zamil Industrial – KSA, SLB, Amdocs, Switch and Data Management Company LLC, Synopsys, Tektronix Inc, Tata Consultancy Services, United States Army National Guard, Answernet, Al Safwa Cement Company, The Resource Group, Logicalis US, SirsiDynix, Equifax, Stein Mart, Spotify, Genpact, IQPC Automotive, Unihorn Consulting, Sportable Scoreboards

Short description:

Oracle CPQ Cloud (formerly BigMachines) helps businesses sell products, services, and solutions faster. Enable your sales reps and channel partners with the guidance they need to find the best solution for each customer. With the strength of Oracle Cloud infrastructure, you can be assured that this revenue gateway is enterprise-grade, performant, and secure. Oracle CPQ Cloud can be deployed stand-alone or in conjunction with leading CRM, eCommerce, Service, and ERP platforms to provide omni-channel customer experiences while eliminating quote-to-cash friction.

Pros: Ease of Use, Revenue Management, Product Functionality, Sales Revenue, Features

Cons: Learning Curve, Complexity, Learning Difficulty, Limited Functionality, Difficult Customization

Pricing: Contact sales for a quote

6) Experlogix CPQ

User score: 4.5 ⭐

Suitable for: Enterprise, Mid-market

Customers: Synamedia, James M. Pleasants Company, JMP Equipment Company, Vizient, Inc, Okuma America Corporation, Ore Designs, Cross Trailers, inc., SailPoint, Otis Elevator Co., informaticsonline.in, Everi Holdings Inc., ZPharmGroup, Frankways pharmaceuticals, Jayco, Inc., Annexair, Jobsweb Limited, Lewaconsultingservice.com, McLane Global, Ishida Europe Ltd, Biamp Systems, Energy Saving Solutions, Microsoft, Triple M Housing, Okuma America Corporation, Sunrise Medical, America Inc. (MCFA), Sub-Zero Group, Inc., Allegion US, Ingersoll Rand …

Short description:

Experlogix Configure, Price, Quote (CPQ) solution features an intuitive configuration environment that turns even novice users into expert product customization specialists.

Experlogix is recognized worldwide as the premier provider of cloud-based Configure, Price, Quote (CPQ) solutions for Microsoft Dynamics 365 and Salesforce. We offer powerful yet easy-to-implement product configurator technology that allows your sales reps, customers, or channel partners to create error-free quotes and orders with unprecedented speed.

Regardless of how you sell – with your direct sales team, through resellers, or B2B/B2C on the web – Experlogix CPQ simplifies your quote-to-order process to help you sell faster and more accurately. For manufacturing organizations, Experlogix will take your configured order and create sophisticated production orders, BOMs and routings in Dynamics 365 or Salesforce automatically.

Experlogix CPQ solution transforms sales for organizations from a wide range of industries and across the globe. Our clients rely on Experlogix to help them compete in increasingly competitive markets and increase profits without increasing complexity.

Pros: Ease of Use, Flexibility, Product Configuration, Customer Support, Customizability

Cons: Slow Performance, Implementation Difficulties, Learning Curve, Difficult Customization, Slow Loading

Pricing: Contact sales for quote

7) Epicor CPQ

User score: 4.5 ⭐

Suitable for: Enterprise, Mid-market

Customers: BTE Nederland B.V., State Compensation Insurance Fund, Wanstor, Outdoor Cap Company, Nana Wall Systems, Inc, Silicon Reef, MacLean-Fogg Company, Acrotrend – Customer Insights and Analytics, AR CONSTRUCCIONES, Local Authorities Provident Fund (Lapfund), Hindustan Construction Company, ZZ Architects, Veidekke Norge, Kk Security Ltd, Onecad Solutions, Cadcam Solutions

Short description:

Epicor CPQ (formerly KBMax) is a cloud-based solution that streamlines sales, engineering, and manufacturing processes for complex, customizable products. With Epicor CPQ, product configuration, pricing, and quoting can be done interactively and visually – anytime, anywhere. Epicor CPQ allows sales reps, website visitors, distributors, and partners to easily configure products in 2D, 3D, and Augmented or Virtual Reality formats. The system ensures all configurations comply with sales and manufacturing rules, enabling self-service with confidence and zero errors. By automatically generating prices, quotes, CAD drawings, and bills of materials, Epicor CPQ enhances efficiency and connects teams. Integration and automation drive agility, speed, and collaboration while reducing costs

Epicor CPQ automates every step in the engineer-to-order process, including product configuration, dynamic pricing and quotes, creating CAD files, preparing Bills of Materials, and controlling machines on the shop floor. The seamless transition reduces sales cycles dramatically and cuts project times in half.

Pros: Ease of Use, Customer Support, Intuitive, Simple, Customization

Cons: Bug Issues, Complexity, Complex Setup, Difficult Learning, Feature Usability

Pricing: Contact sales for quote

8) Zoho CRM

User score: 4.1 ⭐

Suitable for: Enterprise, Mid-market

Customers: CES Executive Services, Predusk Technology Private Limited, Team Srijan, CCS Global Tech, Enthuziastic, INC., Neptunus Power

Short description:

Zoho CRM helps you to attract, retain, delight customers, and grow your company into a customer-focused organization.

Zoho CRM is a cloud-based 360° customer relationship management tool that caters to the business needs of mid-scale businesses to large-scale enterprises. Key features include contact management, sales funnels, pipeline management, workflow automation, AI-powered conversational assistant, task management, managing marketing campaigns, sales forecasting, customer support & service, inventory management, reporting & analytics, and seamlessly integrating with 500+ popular business apps in a single business system.

Pros: Ease of Use, Features, Integrations, Lead Management, Customer Relationship Management

Cons: Learning Curve, Integration Issues, Missing Features, Poor Customer Support, Limited Features

Pricing: Free trial, See Zoho pricing

9) Conga CPQ

User score: 4 ⭐

Suitable for: Enterprise, Mid-market

Customers: Accenture, UnitedLex, Technogym, CaseMetrix, CloudSense Ltd, Amazon, Blackbaud, Hammacher Schlemmer, Hargray Communications

Short description:

Conga CPQ empowers sales, partners, and customers to efficiently configure complex products and services offerings, and provide personalized prices and quotes, utilizing codified product and pricing information – ensuring higher win rates and a more pleasurable buying experience.  Maintain a single price book, discounting structure, and quoting structure across all your channels.

Pros: Customization, Pricing Optimization, Product Configuration

Cons: Complex Setup, Difficult Customization, Learning Curve, Poor Customer Support, Support Dependency

Pricing: Contact sales for a quote

10) IBM Sterling CPQ

User score: 4 ⭐

Suitable for: Enterprise, Mid-market

Customers: Your Legacy Legal Care™, Acme Fresh Market, pipedriveConatel, TMR, Security Door Controls, Marriott, IPOSTEL, Research Foundation of The City University of New York, AT&T, Lucky’s market, Pksi, Kj solutions, Lowe’s Companies, Inc., All Green Pressure Washers, Hargray Communications, Allstate, Kroger, J.J. Keller & Associates, Xperience Fitness, PCI, National Oilwell Varcom

Short description:

IBM offers a wide range of technology and consulting services; a broad portfolio of middleware for collaboration, predictive analytics, software development and systems management; and the world’s most advanced servers and supercomputers.

IBM Sterling CPQ Configure, Price, Quote enables your sales team and channel partners to accurately configure, price, quote, and order complex products and services. IBM Sterling CPQ Configure, Price, Quote automates your most challenging selling processes with the configuration, pricing and quoting of complex products, services, and bundles. Our product can guide your sales, call center representatives, and partners in selecting and validating the right products.

Pros: Customer support

Cons: Error Management

Pricing: Contact sales for quote

11) PROS

User score: 4.1 ⭐

Suitable for: Enterprise, Mid-market

Customers: ROCKWOOL Group, Flipkart, Quation Solutions Private Limited, WPP, NTT DATA Services, Nestlé, Spire Healthcare Group plc, LEGRAND FRANCE SILLE, Navistar Inc, OmniCable, CASA Retail AI, KeepTruckin, Henkel, Digi-Key Electronics, Lamb Weston, CITGO Petroleum, Mobile Mini Solutions, Afton Chemical, Fike Corp, ZFTRW,

Short description:

PROS is a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions. Its vision is to optimize every shopping and selling experience. With over 30 years of industry expertise and a proven track record of success, PROS helps B2B and B2C companies across the globe, in a variety of industries, including airlines, manufacturing, distribution, and services, drive profitable growth.

PROS powers profitable growth for the world’s leading companies with the planet’s most advanced neural network AI technology.

Pros: Pricing Optimization, Value, Customer Support, Ease of Use, Flexibility

Cons: Implementation Difficulties, Integration Issues, Expensive, Signature Issues, Auto-Saving Issues

Pricing: Contact sales for a quote

12) Zilliant CPQ

User score: 4.8 ⭐

Suitable for: Enterprise, Mid-market

Customers: Lineris Solutions, Satisloh, Ultra Clean Technology, Satisloh North America Inc., DigitalIOSight, Netafim

Short description:

Zilliant CPQ simplifies even the most involved quoting process to shorten deal cycles and enhance the buying experience. Purpose-built for manufacturing, Zilliant CPQ produces accurate quotes for complex configurations, with guided selling, real-time pricing, and dynamic cost estimations.

Pros: Efficiency, Product Management, Customizability, Ease of Use, Easy Customization

Cons: Slow Loading, Slow Performance

Pricing: Free trial

13) QuoteWerks

User score: 4.3 ⭐

Suitable for: Mid-market, Small-Business

Customers: Zensar Technologies, ADsystemsLed, Soleil Dor, booming Labs, Adobe, Pinnacle Computer Services, GeoSystem SLL, Inner Invest LLC, Sigo S.A., DuPont, Precision Painting Plus, Click Models Management Inc, Boss Buck, Inc.

Short description:

QuoteWerks is specialized (CPQ) software used in every industry for creating sales quotes and proposals. Rather than using Microsoft® Word® or Excel® to create your quotes and proposals, you can benefit from a tool that is specialized for the task of creating quotes and proposals. What sets QuoteWerks apart is its 55+ integrations with CRM, Accounting, Distributors, FedEx/UPS, Leasing, Sales Tax, Microsoft Word, Dell, Cisco, HP, CDW, NewEgg, Provantage, and more.

Pros: Ease of Use, Quoting Process, Template Creation, Templates, Automation Features

Cons: Data Migration, Email Issues, Feature Usability, Inaccuracy Issue, Inadequate Search Functionality

Pricing: Entry level starts at a price of $15.00

14) Pricefx

User score: 4.4 ⭐

Suitable for: Enterprise, Mid-market

Customers: WebOsmotic Private Limited, Iron Mountain, Prysmian Group, Cargill, Sonae Arauco, Lacroix Group,  Lyreco Group, Schneider Electric, Mabe Corporativo, Häfele GmbH & CO KG, Häfele GmbH & CO KG, Tata Consultancy Services, INEOS Styrolution …

Short description:  Pricefx is the ultimate cloud-based AI Price Management, Optimization, and CPQ software. It covers 360° pricing needs from data insights to price setting & management, rebates, promotions, and quoting and provides 50+ use cases covering 3 core industries (manufacturing, distribution, and process industry).

Pros: Ease of Use, Pricing Optimization, Product Configuration, Value, Customer Support

Cons: Implementation Difficulties, Complex Setup, Lack of Guidance, Connectivity Issues, Difficult Customization

Pricing: 3% Revenue under management

15) bit2win

bit2win CPQ

User score: 4.3 ⭐

Suitable for: Enterprise, Small-Business

Customers: E.ON, Innovaway, Sky Deutschland GmbH, Fincons Group, Enel, Covisian, Fastweb

Short description:

bit2win CPQ, Configure Price & Quote, Cloud and Mobile software Suite empowers sales, partners and customers to configure complex products and services, deliver accurate quotes and create smarter deals with the most updated product and pricing information. Bit2win, designed for enterprises going through the digital transformation and the automation of their sale processes and quote creation, enables the sale of both tangible goods and subscriptions and provides among the best out-of-the-box pricing functionality on the market. It supports recurring as well as use-based pricing, bundles and amendments to existing service contracts.

Built natively on the Salesforce platform, bit2win CPQ Suite provides a set of vertical solutions to address major industries and markets like telecommunications, retail, utilities and financial business. Bit2win also provides an enriched loyalty and promotion module. Bit2win CPQ Suite enhances functionalities and efficiency to drive real effective digital transformation.

Pricing: Entry level price is 50 EUR/month per user

16) Vendavo

vendavo cpq

User score: 4.4 ⭐

Suitable for: Enterprise, Mid-market

Customers: Outotec, RingCentral, Silverpoint Homes, Timbers-Kovar Company, Dell Technologies, Ford Motor Company, Adventure Truck Plaza & Casino, Balanced Environments Inc, Hardinge Inc, Phoenix Textile Corporation, Hidrostal Ltd, Hidrostal Ltd, Rytec Corporation, WatchGuard Video, Okuma America Corporation, OnGolf USA, Gosiger Inc

Short description:

Vendavo is a cloud-based mobile sales solution that integrates with leading CRM and ERP systems.Vendavo powers the shift to digital business for the world’s most demanding B2B companies, unlocking value, growing margin and accelerating revenue.

With the Vendavo Commercial Excellence platform, companies develop dynamic customer insights and optimal pricing strategies that maximize margin, boost sales effectiveness and improve customer experience.

Pricing: Contact sales for quote

17) servicePath CPQ

User score: 4.6 ⭐

Suitable for: Enterprise, Mid-market

Customers: CSI Ltd (A CSI Group Company), Thompson Hine LLP, Daisy Group, Pavlova Consulting, eSentire, Dell Technologies, DellEMC, Cloud Carib Limited, Timico Ltd

Short description:

servicePath is a modular platform designed for IT service providers for costing, pricing, quoting and contracting simple to complex IT solutions. Each integrated module addresses a specific aspect of the commercial service lifecycle: cost management, product management sales management and solution management.

Pros: Ease of Use, Capabilities, CRM Features, Customer Relationship Management, Customizability

Cons: Implementation Difficulties, Complex Setup, Complexity, Implementation Difficulties, Difficult Customization

Pricing: Entry level price is 75 EUR/month per user

18) SAP CPQ

User score: 4.4 ⭐

Suitable for: Enterprise, Mid-market

Customers: Accenture, Acinne, Techligent Systems, Inc., newmarketing.icu, Chesterbrook Acadamy, Basware, 6sense, Noord Ltd, Nihon Kohden America, ABB, Cleaver-Brooks, Jack Henry & Associates, TruStar Energy, Boston Harbor Consulting, Accenture, Kaiser Permanente, NTELOS,

Short description:

SAP’s purpose is to help the world run better and improve people’s lives with sustainability at the core. Their promise is to innovate to help you run at your best.

CallidusCloud CPQ makes your quoting and selling process simpler, faster and more profitable. Instead of sales reps spending hours or even days working on proposals, free their time for more selling activities. Sales reps can generate quotes and proposals while with a customer from any mobile device. Move your CPQ to ecommerce so customers can generate their own inquiries, configure the solution they are interested in, and place their order themselves. CPQ moves customers from interest to yes, faster.

Pricing: Contact sales for quote

19) Tacton CPQ

tacton cpq

User score: 4.3 ⭐

Suitable for: Enterprise, Mid-market

Customers: ABB, Bosch, Caterpillar, Daimler, MAN, Mitsubishi, Siemens, Toshiba, Yaskawa

Short description:

Tacton is the leading Configure, Price, Quote (CPQ) SaaS partner for design to sales automation for industrial manufacturers. Our trusted configuration engine provides the backbone for your customers’ fast and flawless digital experience. With needs-based configuration, instant pricing for every configurator selection, real-time 3D product visualization and automatic generation of CAD files, your sales reps will be able to define, price and order complex and custom products, without sales engineering support.

Pros: Ease of Use, Easy Creation, Easy Setup, Customization, Customizability

Cons: Feature Usability, Lack of Customization, Limited Tools, Manual Processes

Pricing: Contact sales for quote

20) Connectbase

connectbase cpq

User score: 4.6 ⭐

Suitable for: Mid-market, Small-Business

Customers: Bluebird Network LLC, One Mind Marketing, Avantax Wealth Management℠, Southern Tier Network, Inc, Upwork, FirstLight Fiber, Vyve Broadband, Optimum/Altice USA, Bluebird Network, BCN, Intesols – Intelligent Solutions …

Short description:

Connectbase is the Industry Cloud for Connectivity, providing authoritative, location-based insight & applications to network sellers and buyers. The Connected World platform details and displays deep, trusted location-based insight and empowers users to leverage that insight to automate go-to-market processes around deal participation, account targeting, and product pricing.

Pros: Ease of Use, Connectivity, Customer Support, Geolocation Services, Accuracy of Information

Cons: Inaccuracy Issues, Lack of Clarity, Poor Interface Design, Data Management, Inaccuracy

Pricing: Contact sales for quote

21) XaitCPQ

xait cpq

User score: 4.4 ⭐

Suitable for: Mid-market, Small-Business

Customers: Thumbprint Coaching, Inc., Azerex, TM Brand, Access Bank Plc, Makintouch Consulting, Sainsbury’s, Dragon shield security services llc, BSI (British Standards Institution), Electric, BSI Group,

Short description:

XaitCPQ (Formerly known as Blueprint CPQ) captures all of the complex product, pricing, and business rules in one central place for automating and streamlining actions in real time. This allows you to have everything you need at your fingertips to close deals faster, with better collaboration, control and transparency.

Pros: Ease of Use, Affordable, Customer Support, Data Management, Intuitive

Cons: Complex Features, Complexity, Complex Setup, Difficult Customization, Difficult Learning

Pricing: Contact sales for quote

22) Configure One Cloud

configureone cpq

User score: 4.5 ⭐

Suitable for: Enterprise, Mid-market

Customers: SJE, Bernard and Tregaskiss, Columbus McKinnon, PlayPower, Inc., St. Cloud Industrial Products, Enseo, Dimension Design, Oilmen’s Truck Tanks, Inc., Source North America, NTM-GB LIMITED, Hu-Friedy Mfg. Co., LLC, Power Distribution, Inc., Instron, Maxi-Metal Inc, Skytron, Peters & May Group, Watts Water Technologies, UNIPOWER – Powering Technology, Bradbury Group, Rosenbauer America …

Short description:

Configure One Cloud from Revalize is the most powerful CPQ (Configure, Price, Quote) solution to accelerate sales cycles, streamline processes, and drive operational efficiency. Backed by more than 20 years of manufacturing industry experience, our platform enables teams and sales channels to create unique product configurations, instantly calculate pricing, send detailed quotes to customers with production data, and secure orders all from a single application.

Pricing: Contact sales for quote

23) CloudSense

cloudsense cpq

User score: 4.3 ⭐

Suitable for: Mid-market, Small-Business

Customers: Tata Consultancy Services, Echotechsol, Papa johns, MTN Uganda, Zoom, gyakiva Business, Sutherland Global Services, Earth gym, CONATEL, Flatbook (now Sonder), Next, Freelance, Elizabethtown Independent, Urban Air Adventure Parks, Paycom,

Short description: CloudSense’s Salesforce-native platform is trusted across multiple industries to deliver commerce for every channel. With enterprise-grade CPQ (Configure Price Quote), Order Management, Pricing Management, Contract Lifecycle Management, eCommerce, and Product Catalog, CloudSense enables you to sell more, launch faster and reduce costs by providing connected, digital-first customer experiences.

Pros: Customer Satisfaction, Sales Management

Cons: Implementation Difficulties, Integration Issues, Poor Customer Support, Support Dependency

Pricing: Contact sales for quote

24) DigiFabster

User score: 4.3 ⭐

Suitable for: Mid-market, Small-Business

Customers: IMARC Services Private Limited, ranafgroup.com, Ajune BPO Outsourcing Inc, ASML, Lenderworks, DeepIntent, Wipro, IBM, TryangleLLC, Balfin Group. Mindtree, Carrilho Engineering, EXL, Deko, BMO, Print Wave force, c.a, Accenture, Vivial, Amkor Technology, Inc, GoPro, Avron Communications Pvt. Ltd., Amkor Technology, Inc., Workana, 7N consulting private ltd., CDW UK, GEICO …

Short description:

DigiFabster is a cloud-based CRM & instant quotation software empowering 3D printing firms to manage their order flow seamlessly and convert leads into buying customers.

DigiFabster is a subscription-based instant quotation and eCommerce solution for CNC and additive manufacturing shops. The cloud-based software allows for immediate quoting and online payment, while also analyzing and fixing CAD and other 3D printable files, ensuring parts are correctly oriented and manufactured.

Pros: Ease of Use, Customer Support, Customizability, Automation, Customization

Cons: Expensive, Integration Issues, Limited Options, Limited Tools, Slow Performance

Pricing: Available free trial

25) FPX CPQ

User score: 4.3 ⭐

Suitable for: Enterprise, Mid-market

Customers: Politiets IKT-tjenester, Interactive Intelligence, 6sense, Fujitsu Network, Bell Flight, GENBAND Inc.

Short description:

Smart CPQ provides platform-agnostic, enterprise Configure-Price-Quote applications that enable companies to increase sales and profit margins while decreasing their IT footprint. By taking a consultative approach towards product implementation, FPX seeks to transform the business processes of its customers. FPX CPQ’s cloud-based, multi-tenant architecture makes it the clear choice for large enterprises looking to get more from their sales efforts.

FPX, from Revalize solves complex sales and operations challenges for the manufacturers and sellers of mechanical equipment, including pumps, valves, compressors, blowers, fans, HVAC, and numerous other types of configurable and engineered equipment.

The solution features an advanced product selector and configure, price, quote (SCPQ) technology for users to quickly and profitably select, configure, quote and sell engineered products across the entire sales and distribution channels.

FPX’s Select-Configure-Price-Quote solution suite powers the mechanical equipment manufactures and distributors industry with more than 200,000 global users spanning 182 countries quoting over $40B through the platform.

Pricing: Contact sales for quote

26) econway CPQ

User score: 4.3 ⭐

Suitable for: Mid-market, small-business

Customers: Hornbach, Lisec, Teckentrup, ABB, HagerGroup, Bauer Maschinen

Short description:

encoway CPQ is a solution designed to streamline the product configuration, price calculation, and quotation generation processes. According to the vendor, it caters to companies of various sizes and is utilized by professionals in industries such as manufacturing and engineering, automotive, industrial equipment, electronics, and furniture and interior design.

Pricing: Contact sales for quote

27) eRep CPQ

User score: 4.0 ⭐

Suitable for: Mid-market, small-business

Customers: Wilfley Intelliquip, U of Iowa, Tommy Car Wash, Scranton Product, Quality Enclosures

Short description:

eRep CPQ is a software solution designed to empower manufacturers and distributors that need to simplify their complex quote-to-order processes with a modern cloud platform. According to the vendor, eRep enables sales teams to accurately quote faster and sell smarter while accelerating growth with faster sales rep onboarding, enhanced business intelligence, and improved customer experience.

eRep is available in a number of pricing plans. The basic Parts Only plan provides online parts sales for manufacturers and distributors. Their top tier Enterprise plan is a multi-channel sales solution with customizations and parts sales.

Pros: Comprehensive Selection Capabilities, Customer Support

Cons: Limited customization options, Steep learning curve, No mobile access

Pricing: Starts at $50 / user / month.

28) SAE CPQ

User score: 4.3 ⭐

Suitable for: Mid-market, small-business

Customers: EBM PAPST, Egger, Ewikon, Fliegl, Hydac, Jenoptik

Short description:

Our Product Configurator for complex products with maximum usability involves all your stakeholders and even your customers. Impress your customers with a sophisticated functional scope and showcase your products for example in a virtual showroom with the help of our 3D product configurator. Get ahead of your competition with our product configurator and use it as a single-source-of-truth and benefit with highly automated processes.

Pricing: Contact sales for quote

29) CIS Configurator

User score: 4.8 ⭐

Suitable for: Mid-market, small-business

Customers: TRONICS, Procamed, Apara – Transiplast, NOVIA, PlastPro, Trailer Wheel & Frame co, Acorn Wire and Iron Works, Matrix Systems, Mobile Tech Trailers, Murray Trailers

Short description:

CIS Configurator specializes in Quoting Solutions that are used to sell products that have many variables. We are based in Lake Forest IL & have been building & supporting our ever-changing product since 2009.
Our solution is easy to use yet powerful, quick to deploy, scalable & excellent value! Our system is very flexible & has many features for you to take advantage of. We offer a choice of Subscription or Perpetual license by installing our application on our production servers or yours

Our typical client sells their products through either their own sales team, as well as resellers, dealers, & distributors or all. We have worldwide clients, who use our solution daily to create accurate quotes & orders, with their ERP solutions, or working in a stand-alone manner. All get the benefit of creating an accurate sales quote & order, in a centralized application, knowing it will generate a valid product, containing a bill of material (if required) Please contact us for more information

Pricing: Free trial available, Starts from $595 / month

30) Hive CPQ

User score: 4.9 ⭐

Suitable for: Mid-market, small-business

Customers: SkyLux, Royal DeBoer, JorisIde, Assa Abloy, Japy Tech, Zolare

Short description:

The Hive CPQ product configurator makes selling complex products easier than ever. It empowers sales teams and distributors or customers to define, visualize, and modify product options in real-time. The configurator handles the most complex product rules and generates pricing and error-free quotes instantly. Speed up your sales cycle, reduce errors, and improve the customer experience.

Hive CPQ is powerful and easy to use. The product configurator is trusted by medium to large manufacturing enterprises (revenue > $30M) all over the world.

Pricing: Starts from $1500 / month

31) Elfsquad CPQ

User score: 4.5 ⭐

Suitable for: Mid-market, small-business

Short description:

The increase in customer-specific demand makes products and processes more complex. Elfsquad enables sellers and buyers of these companies to visually configure, price, and quote customer-specific solutions instantly and accurately. Easily generate professional-looking, production-ready quotes, multi-level BOM, and CAD parameters. Our software allows limitless integration possibilities with your engineering and manufacturing systems as well as any other business application that you currently use. And Elfsquad is fully self-service, which means it can be implemented and managed by the business itself, so you’re no longer reliant on IT or external consultants.

Elfsquad is a business-led, cloud-based, Configure, Price, Quote platform designed for manufacturing companies that sell, engineer, and manufacture customer-specific solutions, such as heavy equipment, assembly lines, or industrial and agricultural machinery.

Pricing: Starts from $400 / month

32) LEEGOO Builder

LEEGOO BUILDER cpq

User score: 4.5 ⭐

Suitable for: Mid-market, small-business

Customers: Buhler, VAG, Bruker, KHS, AAT, Makino, Schelling, Leitner, Schindler

Short description:

The CPQ software LEEGOO BUILDER from EAS supports you consistently in product configuration, price and cost calculation as well as in the generation of proposal documents. With the flexibly adaptable standard software, you can quickly and easily create error-free proposals for complex products such as machines, special machines or entire plants. From simple configuration to free project planning – LEEGOO BUILDER supports you throughout the entire proposal process.

Pricing: Contact sales for quote

Why CPQ Software is Essential in 2024

In 2024, the best CPQ software will be essential for sales teams, streamlining complex quoting processes, enhancing accuracy, and reducing turnaround time. It enables rapid, error-free quotations, allowing sales representatives to focus on building relationships and closing deals.

Additionally, CPQ software offers valuable analytics and insights, empowering sales teams to use data-driven strategies for better performance and competitiveness, leading to faster growth and higher customer satisfaction.

Streamlining sales

To achieve maximum efficiency and effectiveness, sales teams need robust tools to streamline their processes. CPQ (Configure, Price, Quote) software exemplifies such tools.

  • Product configurators – Customize products exactly according to customer specifications.
  • Automated Quotations – Reduces manual input and human error.
  • Dynamic Pricing Models – Adjust prices based on real-time data and market changes.
  • Integrated Workflows – Ensures smooth transitions between various sales stages.
  • Enhanced Customization – Caters to specific client demands effortlessly.
  • Centralized Data Management – Keeps all necessary information in one place.
  • Scalable Solutions – Grows with the business, adapting to increasing complexity.
  • Advanced Analytics – Provides insights for data-driven decision-making.
  • CRM Integration – Seamlessly integrates with Customer Relationship Management systems.
  • Approval Process Control – Simplifies and accelerates the approval process for quotations.

Leveraging these features, sales teams can focus more on strategic tasks and customer engagement.

The proper utilization of CPQ tools brings about not only streamlined operations but also substantial gains in productivity and revenue.

Better customer experience and satisfaction

Implementing CPQ software significantly enhances customer experience and satisfaction by streamlining sales processes and personalizing solutions.

  • Faster Response Times: Quick and accurate quotes enhance customer trust.
  • Personalized Proposals: Tailored solutions cater specifically to individual client needs.
  • Consistency in Pricing: Ensures fair and transparent pricing, boosting customer confidence.
  • Error Reduction: Minimizes human errors, fostering reliable and precise transactions.
  • Seamless Integrations: Connects effortlessly with CRM systems for a holistic customer view.

These features collectively result in a smoother and more enjoyable customer journey.

Satisfied customers are more likely to become repeat buyers and brand advocates.

Ultimately, CPQ software with automation transforms customer interactions into positive and lasting relationships.

Increase sales velocity

The best CPQ software helps sales teams configure, price, and close deals faster, streamlining every step and shortening sales cycles. This allows representatives to focus more on engaging with prospects.

The increased speed directly boosts revenue. Companies see faster quote generation, reduced approval times, and efficient rebate management, empowering sales teams to act quickly and drive success.

Higher sales velocity leads to exponential growth and greater profitability. With the right CPQ software, sales teams consistently exceed targets, highlighting the importance of these tools for any forward-thinking organization.

CPQ as a Huge Competitive Advantage

Embracing CPQ software gives businesses a unique edge, boosting efficiency and productivity in sales. This technology ensures speed and accuracy, delivering significant benefits.

Teams can generate precise quotes quickly, empowering sales representatives and reducing frustrations common in traditional sales cycles. This leads to higher morale and improved customer satisfaction, as timely and accurate quotes build trust.

Streamlined configurations enhance order accuracy and reduce errors, fostering better customer relations and long-term client relationships.

Overall, CPQ software transforms the sales landscape, positioning companies to outperform competitors and fostering growth.

Top Features to Look for in CPQ Software

When selecting the best CPQ software, focus on key functionalities like automated workflows and seamless integration with CRM and ERP systems.

Advanced analytics and reporting are crucial, as is the capability for guided selling, which streamlines the sales process with intelligent recommendations. Effective CPQ software enhances every facet of the sales cycle, driving efficiency and accuracy to new heights.

Cloud-based

The best CPQ software harnesses cloud technology, ensuring accessibility, scalability, and enhanced security. Cloud-based platforms allow sales teams to operate from anywhere, with real-time updates and seamless collaboration. This approach reduces costs and maintenance by eliminating the need for extensive on-premises infrastructure. In the fast-paced sales environment, cloud-based CPQ systems enable dynamic pricing and configurations, providing clients with accurate and timely proposals. Sales professionals using these tools lead in technological innovation and customer satisfaction, driving business success in 2024 and beyond.

Fast onboarding and implementation

Fast onboarding and implementation are crucial features of the best CPQ software, allowing teams to benefit almost immediately. User-friendly interfaces and extensive training resources, such as webinars and tutorials, reduce the learning curve and ensure smooth transitions. Swift onboarding minimizes time away from essential sales tasks, while streamlined implementation reduces disruptions and maintains operational continuity. Easy-to-implement software boosts morale, empowering teams to focus on their core objectives rather than grappling with new technology.

Simple User Interface

A simple user interface is essential for sales teams to thrive. The best CPQ software features intuitive, uncluttered dashboards that enable quick proficiency, even for the least tech-savvy members. Ease of navigation drives adoption, allowing sales professionals to access vital information effortlessly and spend more time selling. Robust yet intuitive designs empower teams to make swift, accurate decisions, enhancing productivity. User-centric design builds confidence in technology, motivating teams to achieve their goals and ensuring sustained success in 2024 and beyond.

Include customers and partners

Incorporating customers and partners into the CPQ process streamlines communication, builds trust, and accelerates decision-making by ensuring transparency. Sales teams can demonstrate value and responsiveness, enhancing satisfaction and strengthening partnerships. Providing partners with real-time access to accurate information fosters alignment and collaboration. This transparency allows for informed decisions, making customers feel valued and heard. Inclusivity empowers all parties, driving engagement and loyalty, and creating synergies for mutual success. Ultimately, the best CPQ software optimizes internal efficiency and nurtures external relationships, highlighting the importance of customer and partner inclusion in thriving business environments.

No-Code and Easy-to-use

Empowering sales teams effortlessly in 2024 hinges on usability and simplicity. The best CPQ software offers no-code solutions, enabling non-technical staff to configure, price, and quote easily, maintaining sales velocity and fostering innovation. No-code capabilities reduce reliance on IT, making technology accessible and enhancing operational agility. Intuitive interfaces allow even complex products to be configured quickly, leading to faster quotes and improved customer satisfaction. This user-friendly approach boosts team morale and engagement, driving overall success and competitiveness.

Customizable but still standard

The best CPQ software blends customization flexibility with standardized functionality, making it a powerful asset for sales teams. This balance allows tailoring products to specific customer needs while adhering to corporate standards. Customizable features, from price calculations to product configurations, ensure seamless alignment with organizational goals. These user-friendly tools drive consistent accuracy and efficiency, empowering sales professionals to meet unique client demands without compromising system integrity, fostering innovation and reliability.

How CPQ Software Transforms Manufacturing

Implementing the best CPQ software enhances sales processes and overall business performance by streamlining workflows and speeding up quote generation. This technology reduces human errors in configuration and pricing, increasing client satisfaction. Sales teams can focus more on nurturing customer relationships, leading to higher conversion rates and better long-term partnerships. CPQ tools provide a structured environment, elevating efficiency, minimizing operational costs, and ensuring compliance with pricing rules. Leveraging these features boosts revenue and offers a competitive advantage, driving growth and fostering a forward-thinking corporate culture.

How much does CPQ software cost?

The pricing for CPQ software varies based on factors like the number of users, software complexity, and customization needs. Typically offered through subscription-based models with monthly or annual fees, costs also include implementation, training, integration, and consultation. While the initial investment may seem significant, the long-term benefits—such as increased efficiency, accurate pricing, and enhanced customer satisfaction—often result in a favorable return on investment. Evaluating various vendors and their offerings helps organizations choose the best solution for their sales teams.

Criteria for Choosing the Best CPQ Software

Selecting the best CPQ software for manufacturing requires evaluating its ability to handle complex product configurations and adapt to evolving product lines. Ensure it integrates seamlessly with existing ERP and CRM systems for efficient data flow. Prioritize user-friendly interfaces for quick adoption, scalability for business growth, and robust analytics for valuable insights. Additionally, assess the vendor’s reputation, customer support, and total cost of ownership to ensure a comprehensive and sustainable solution.

Conclusion

In the evolving manufacturing industry, leveraging the best CPQ software is crucial for staying competitive and meeting customer demands. These tools streamline configuration, pricing, and quoting, enabling manufacturers to deliver customized solutions efficiently and accurately. Adopting the right CPQ software enhances operational efficiency, reduces errors, and drives growth and customer satisfaction. As 2024 approaches, investing in top-tier CPQ solutions is a strategic move for any forward-thinking manufacturing business.

Make your sales digital, visual, and self-service today.

30-day free trial

Strategy & onboarding

Assisted implementation

30-day free trial

Strategy & onboarding

Assisted implementation