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What is IBM Sterling Configure, Price, Quote (CPQ)?

IBM Sterling CPQ transforms and optimizes the configuration, pricing, and quoting processes for complex products and services, making them more efficient. This innovative platform improves the purchasing experience for customers by enabling transactions across all preferred sales channels. With its user-friendly interface, IBM Sterling CPQ aids eCommerce shoppers, sales agents, call center representatives, and partners in selecting the right products while ensuring accurate pricing. It also enables businesses to provide the outstanding buying experiences that today’s consumers demand, which in turn enhances sales efficiency. The CPQ system automates the online sales process, guaranteeing the correct configuration of solution bundles and uncovering opportunities for cross-selling and up-selling, which significantly boosts customer satisfaction and lightens the workload for call centers. Moreover, by consolidating pricing operations, CPQ removes manual pricing tasks, ensures consistency in pricing, and automates necessary price adjustments, thus allowing business users to handle price changes more effectively. In addition, the implementation of IBM Sterling CPQ can lead to increased revenue by streamlining the sales cycle and enhancing overall productivity. Overall, IBM Sterling CPQ not only simplifies the sales journey but also builds stronger customer relationships through its intuitive features.

What is Nue?

Nue stands out as the premier Revenue Lifecycle Platform integrated with Salesforce, specifically tailored to address the needs of contemporary enterprises. It offers the ability to configure dynamic pricing and facilitates sales through various channels, including self-service, direct sales, and in-app options. Furthermore, it aids in managing renewals and optimizing revenue while ensuring clarity on pricing details. With Nue, Revenue Operations teams can swiftly implement opportunity-to-cash workflows for both direct sales and self-service models, all while delivering precise and comprehensive analytics for the Finance department. This platform is particularly advantageous for rapidly expanding SaaS businesses seeking a robust and adaptable solution to oversee their revenue streams from inception to completion. Ultimately, Nue is an essential tool for companies looking to streamline their revenue processes and maximize financial performance.

Media

Media

Integrations Supported

Avalara
NetSuite
QuickBooks Online
RightRev
Salesforce
Stripe

Integrations Supported

Avalara
NetSuite
QuickBooks Online
RightRev
Salesforce
Stripe

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

IBM

Date Founded

1911

Company Location

United States

Company Website

www.ibm.com/products/configure-price-quote

Company Facts

Organization Name

Nue.io

Date Founded

2019

Company Location

United States

Company Website

www.nue.io

Categories and Features

CPQ

2D Drawing
3D Modeling
Approval Workflow
Guided Selling
Product Configurator
Proposal Generation
Quotes / Estimates
Renewal Management
Self Service Portal
eCommerce

Sales Acceleration

CPQ
Campaign Management
Dialer
Email Sequencing
Email Templates
Email Tracking
List Building
Meeting Scheduler
Predictive Analytics
Reporting
Sales Gamification
Sales Intelligence
Sales Workflow Management

Categories and Features

CPQ

Nue stands out as the leading Quote-to-Cash platform that is natively integrated with Salesforce, catering specifically to the revenue lifecycle needs of businesses. At the heart of its offerings is an innovative CPQ (Configure, Price, Quote) solution tailored for contemporary SaaS enterprises. Nue optimizes the complete revenue journey from the initial quote to final billing, facilitating smooth transitions and precise financial reporting. Its essential features encompass adaptable pricing strategies, seamless Salesforce integration, automated invoicing, and immediate revenue analytics, making it a perfect fit for organizations employing hybrid revenue strategies or experiencing rapid sales growth.

2D Drawing
3D Modeling
Approval Workflow
Guided Selling
Product Configurator
Proposal Generation
Quotes / Estimates
Renewal Management
Self Service Portal
eCommerce

Quoting

Automated Quoting
Catalog Management
Client Portal
Contact Management
Customer Accounts
Customizable Branding
Discount Management
Forms Creation
Pricing Management
Product Configurator
Proposal Management

Recurring Billing

Nue stands out as a premier provider of all-encompassing quote-to-cash solutions aimed at optimizing and improving revenue operations (RevOps) within SaaS companies. Their powerful platform accommodates a variety of billing structures, such as recurring, usage-based, milestone, and one-time orders. The innovative "Everything Billing" engine is capable of managing all B2B sales models and motions, effectively supporting diverse pricing strategies without leading to SKU proliferation. This platform automates the invoicing process, ensuring precise adjustments for expansion revenue, mid-term subscription modifications, and consumption-based billing, which minimizes the need for manual input. It offers seamless integration with Salesforce, delivering real-time revenue insights and ensuring adherence to ASC606 regulations. This allows sales teams to view invoices immediately after quote generation, while finance teams can access accurate invoice creation and comprehensive revenue data across all sales channels and pricing schemes.

Customer Portal
Deferred Billing
Discount Management
Dunning Management
Invoice History
Multi-Currency
Multi-Period Recurring Billing
Payment Processing
Recurring Donations
Subscription Billing

Revenue Intelligence

Actionable Insights
Alerts / Notifications
CRM Interactions
Call Scoring
Conversation Intelligence
Dashboard
Email/Message Interactions
Market Intelligence
Phone Call Interactions
Pipeline Visibility
Sales Coaching
Video Call Interactions

Revenue Management

Competitor Analysis
Dynamic Pricing
For Airlines
For Hospitality Industry
Forecasting
Inventory Control
Price Optimization
Recommendation Engine
Yield Management

Revenue Operations

AI Insights
Account Health Dashboard
Automatic CRM Updates
Contact / Activity Tracking
RevOps Automation
Revenue Dashboard
Revenue Intelligence / Reporting
Sales Analytics
Sales Forecasting
Third-Party Data Aggregation

Subscription Management

Cancellation Management
Discount / Coupon Management
Dunning Management
Enrollment Management
Product Catalog
Recurring Billing
Revenue Recognition
Revenue Recovery Tools
Self Service Portal
Subscription Plan Management
Tax Management
Trial Management
Usage Tracking/Analytics

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