Experlogix vs Oracle CPQ

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Our analysts compared Experlogix vs Oracle CPQ based on data from our 400+ point analysis of CPQ Software, user reviews and our own crowdsourced data from our free software selection platform.

Experlogix Software Tool

Product Basics

Experlogix is an integrated solution for product configuration and automating the quote-to-order fulfillment process. Users can streamline operations and simplify order processes by implementing approval workflows and creating pricing rules.

It allows users to complete complex configurations and visualize modifications without programming. Implementation can be on-premises or cloud-based. It integrates with ERP and CRM platforms, including Microsoft Dynamics, Salesforce and NetSuite.
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Oracle CPQ is a cloud-based software solution aimed at streamlining the quote-to-cash process for businesses selling complex products or services with various configurations and pricing options. It assists salespeople in quickly and accurately generating professional quotes by guiding them through product selection, configuration, pricing, and approval workflows. This can lead to faster sales cycles, reduced errors, and improved customer satisfaction. Oracle CPQ is most suitable for companies with complex sales processes, intricate product offerings, and a need for accurate and consistent pricing. Key benefits include increased efficiency, improved accuracy, enhanced customer experience, and better sales performance. Popular features include guided selling, product configuration rules, dynamic pricing, and integration with leading CRM and ERP systems. User reviews highlight the ease of use, intuitive interface, and robust functionality. However, some users report occasional performance issues and limited customization options compared to competitors. Pricing varies depending on the specific configuration and number of users. It typically follows a subscription model with annual or monthly fees based on the chosen plan.

Pros
  • Fast and responsive UI
  • Easy to learn and use
  • Handles complex products
  • Streamlines sales process
  • Improves accuracy and efficiency
Cons
  • Limited customization options
  • Can be expensive
  • Occasional performance issues
  • Steep learning curve for complex configurations
  • Limited analytics capabilities
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    $20,000 Monthly
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    Product Assistance

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    Product Insights

    • Save Time: Create personalized quotes quicker with complex configurations. Generate instant BOM and other documentation with product modifications. 
    • Maximize Profit: Enable sales representatives to manage rules and formulas for pricing and discounts without programming. Calculate prices with the best possible profit margin using tables and formulas, accounting for complex scenarios and other factors. 
    • Reduce Errors: Minimize mistakes made with manual quote and order processing. Use automated logic-based rules to catch errors and prevent unapproved discounting. 
    • Increase Sales: Add up-sell and cross-sell messages to proposals based on recommendations. Implement additional requirements on the app to send personalized services and products to customers. 
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    • Increased efficiency and productivity: Streamline the quote-to-cash process, reduce manual errors, and close deals faster with automated workflows and guided selling.
    • Improved accuracy and consistency: Generate error-free quotes with dynamic pricing, product configuration rules, and real-time data validation.
    • Enhanced customer experience: Provide a faster and more personalized sales experience with interactive proposals, guided product selection, and real-time pricing.
    • Better sales performance: Increase win rates, average deal size, and revenue with improved sales tools, guided selling, and real-time insights.
    • Reduced costs: Save time and money by automating manual tasks, reducing errors, and eliminating the need for manual pricing calculations.
    • Improved data and insights: Gain valuable insights into your sales performance with comprehensive reporting and analytics dashboards.
    • Scalability and flexibility: Adapt to changing business needs with a scalable solution that can grow with your business.
    • Integration with leading CRM and ERP systems: Seamlessly integrate with your existing systems for a unified sales experience and improved data visibility.
    • Global reach and support: Sell across international markets with multi-language support, global pricing capabilities, and international tax rules.
    • Improved collaboration: Foster better communication and collaboration between sales, product, and finance teams with a single platform for managing the entire quote-to-cash process.
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    • Quote Creation: Build a quote from existing components, ready-to-ship inventory or from questionnaire responses. Verify the compatibility of each choice made and spot incompatibilities with color-coded highlights. 
    • Automated Workflows: Implement automated workflow approval requests. Streamline communication and collaboration between sales and engineering. 
    • Price Configuration: Define and manage logic-based pricing and discounting configuration rules without coding. Use prices from external systems with Excel and API integration. 
    • Product Visualizations: View complex configurations in real time using image compositing. Apply different colors and textures and create modifications with layers and effects. 
    • Sales Recommendations: Generate pop-up messages with upsell and cross-sell recommendations. Use configurations to acquire application-specific information to recommend personalized products for clients. 
    • Workbench: Create and manage logic-based rules and formulas for pricing and discounting configuration. Define component relationships to create specific combinations of parts and materials. 
    • E-Commerce Integrations: Streamline order-to-fulfillment processes by integrating with e-commerce systems like Sana, Dynamic Web and more. Use CRM and ERP integration to turn opportunities into quotes. 
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    • Guided Selling: Aid sales reps by recommending relevant items and identifying client requirements. Provide customers with self-service functionalities for configurations and purchases. 
    • Configurations: Accurately configure dynamic products and receive the optimal mix through built-in intelligence modules. Use a standard model and reusable rules for customizations. Work with clients to configure products in real time from any device. 
    • Subscription Management: Deliver subscription-specific quotes and configure annuities, license contracts, renewals and support agreements. 
    • Pricing Support: Receive pricing and rebate data according to promotions and regulations in real time. Provides optional discounting, localizations, channel pricing and more. 
    • Analytics: Ensure sales processes are in tandem with company goals through in-depth analytics. Gain an overview of price scoring, KPI comparisons, past trends and predictive win optimization data. 
    • Workflows Management: Automate approval and authorization processes with restrained access at every level. Speed up the process by notifying relevant decision-makers via mobile devices. 
    • Quotes: Build brand-specific quotes and proposals by collating relevant and current data. 
    • Document Designer: Generate elaborate, customized documents including proposals, quotes, datasheets, contracts, engineering documents and work statements. 
    • Contract Management: Create and store detailed, multi-faceted contracts with signatures and approvals routing. Compare and combine deals, highlight specific portions and accept or reject changes. Identify recurring trends through analytical modules 
    • Digital Signatures: Collect legally binding e-signatures through integrations. 
    • Multi-lingual Support: Customize documents by using the built-in multi-language module. 
    • Integrations: Streamline sales-to-order processes and centralize crucial data through connections with CRMs, ERPs, web applications and e-commerce platforms. 
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    Product Ranking

    #18

    among all
    CPQ Software

    #29

    among all
    CPQ Software

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    Analyst Rating Summary

    60
    83
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    67
    9
    95
    40
    100
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    Analyst Ratings for Functional Requirements Customize This Data Customize This Data

    Experlogix
    Oracle CPQ
    + Add Product + Add Product
    AI-Based Capabilities Contract Management Dashboard And Reporting Mobile Capabilities Platform Capabilities And Security Price Management Product Configurator And Catalog Management Quote Management 0 9 40 0 83 80 84 73 67 95 100 38 100 100 76 84 0 25 50 75 100
    0%
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    100%
    67%
    0%
    33%
    9%
    0%
    91%
    91%
    0%
    9%
    40%
    0%
    60%
    100%
    0%
    0%
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    100%
    33%
    0%
    67%
    83%
    0%
    17%
    100%
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    77%
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    23%
    100%
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    71%
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    29%
    71%
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    29%
    74%
    0%
    26%
    84%
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    16%

    Analyst Ratings for Technical Requirements Customize This Data Customize This Data

    64%
    0%
    36%
    64%
    0%
    36%

    User Sentiment Summary

    Great User Sentiment 27 reviews
    Great User Sentiment 327 reviews
    85%
    of users recommend this product

    Experlogix has a 'great' User Satisfaction Rating of 85% when considering 27 user reviews from 3 recognized software review sites.

    81%
    of users recommend this product

    Oracle CPQ has a 'great' User Satisfaction Rating of 81% when considering 327 user reviews from 3 recognized software review sites.

    n/a
    3.9 (223)
    4.5 (6)
    n/a
    4.5 (6)
    4.3 (7)
    n/a
    4.3 (97)
    4.05 (15)
    n/a

    Awards

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    SelectHub research analysts have evaluated Oracle CPQ and concluded it earns best-in-class honors for Contract Management, Dashboard and Reporting, Platform Capabilities and Security and Price Management.

    Contract Management Award
    Dashboard and Reporting Award
    Platform Capabilities and Security Award
    Price Management Award

    Synopsis of User Ratings and Reviews

    Guided Selling: Users appreciate the guided selling feature, which helps sales reps ask the right questions to identify customer needs and recommend the best products.
    Pricing Accuracy: Experlogix is known for its accurate pricing calculations, ensuring that quotes and proposals are always correct and up-to-date.
    Ease of Use: Many users find Experlogix to be user-friendly, with an intuitive interface that makes it easy to create and manage complex configurations.
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    Streamlined Sales Process: Oracle CPQ automates many manual tasks, such as product configuration and quote generation, leading to faster sales cycles and improved efficiency. This allows sales teams to focus on building relationships and closing deals.
    Increased Accuracy: The platform's guided selling tools and built-in intelligence help prevent errors in product configuration, ensuring accurate quotes and orders. This eliminates the risk of costly errors and improves customer satisfaction.
    Improved Customer Experience: Customers can access product information, configure quotes, and place orders independently through self-service portals. This provides a more convenient and satisfying experience, leading to increased customer loyalty.
    Enhanced Revenue Management: Oracle CPQ provides tools for managing subscription lifecycles, recurring billing, and pricing strategies. This helps businesses optimize revenue generation and maximize profitability.
    Scalability and Flexibility: The platform can be easily scaled to accommodate business growth and adapted to meet specific needs through customization and integrations. This ensures that Oracle CPQ can grow with your business and meet your evolving needs.
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    Complex Setup: Users have reported that configuring Experlogix to meet their specific business requirements can be quite complicated and time-consuming, often requiring extensive customization and scripting.
    Limited Integrations: While Experlogix does offer some integrations, users have expressed that it lacks seamless integration with certain popular CRM and ERP systems, leading to data silos and manual workarounds.
    Steep Learning Curve: The platform's user interface and functionality can be challenging to grasp for new users, requiring significant time and effort to become proficient. This has been a common frustration among users who need to quickly onboard and utilize the CPQ system.
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    Steep Learning Curve: New users may find the interface and configuration process complex, requiring significant training and adoption efforts.
    Limited Customization Options: While configurable, the platform may not offer the level of customization desired by some businesses, potentially hindering workflow integration.
    Limited Reporting Capabilities: Pre-built reports may not meet specific needs, requiring custom development or third-party solutions, increasing costs and complexity.
    Integration Challenges: Seamless integration with existing systems can be complex, requiring additional development work and potentially delaying deployment.
    Costly Implementation: Initial setup and ongoing subscription fees can be significant, especially for larger organizations, making it less accessible for smaller businesses.
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    Are you trying to figure out if Experlogix is the real deal or just another flash in the pan? User reviews from the last year suggest that Experlogix is a powerful CPQ solution that's particularly well-suited for businesses with complex product configurations. Users rave about its robust rules engine, which allows for very granular control over pricing and discounting, ensuring accurate quotes every time. This is especially important for businesses with configurable products, where even small errors can significantly impact profitability. They also appreciate the visual configuration tools, which make it easy for sales reps to create quotes that are both accurate and visually appealing. However, some users have pointed out that Experlogix can be complex to implement and requires a significant investment of time and resources to get up and running. This is a common criticism of enterprise-grade software, but it's something to keep in mind if you're a smaller business with limited IT resources. Additionally, some users have expressed frustration with the user interface, finding it less intuitive than some competing products like Salesforce CPQ. Despite these drawbacks, many users feel that Experlogix's strengths outweigh its weaknesses, particularly if you need a CPQ solution that can handle complex product configurations and sophisticated pricing rules. In a nutshell, Experlogix is a good fit for businesses that need a powerful and flexible CPQ solution, but are willing to invest the time and resources required to implement it properly. It's particularly well-suited for manufacturers, distributors, and other businesses with complex product catalogs and sophisticated pricing needs. If you're a smaller business with simpler requirements, you might find that a more lightweight CPQ solution is a better fit.

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    Reviews of Oracle CPQ offer a mixed perspective, highlighting both its strengths and weaknesses. Many users praise its ability to streamline the sales process and automate tasks, particularly compared to manual methods or simpler CPQ tools. One user noted, "Oracle CPQ saved us an immense amount of time on product configuration and quoting, allowing us to close deals faster." Others commended its accuracy and reduced error rates, citing the platform's guided selling tools and built-in intelligence. A reviewer stated, "With Oracle CPQ, we can be confident that our quotes and orders are accurate, eliminating costly mistakes." However, some users expressed concerns about the platform's complexity and steep learning curve, especially for less tech-savvy teams. One user commented, "The interface can be daunting for new users, and the initial training process is quite intensive." Additionally, some reviewers felt that the customization options were limited compared to competitors like Salesforce CPQ, potentially hindering integration with existing workflows. A reviewer noted, "While Oracle CPQ offers some customization, it's not as flexible as some other solutions, which can make it difficult to adapt to specific business needs." Despite these drawbacks, users ultimately seem to appreciate the value that Oracle CPQ brings to their businesses. Many acknowledge that its strengths, such as automation, accuracy, and scalability, outweigh the weaknesses, especially for large organizations with complex product configurations and high sales volume. One user summarized their experience by saying, "Oracle CPQ is a powerful tool that can help businesses streamline their sales operations and improve efficiency. While it has its learning curve and limitations, the benefits far outweigh the drawbacks, especially for larger companies." Overall, user reviews suggest that Oracle CPQ is a strong CPQ solution with significant potential, but its suitability depends on individual business needs and resources.

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