Oracle is a Leader in Configure, Price, Quote Applications
For the seventh year in a row, Gartner® names Oracle a Leader for Configure, Price and Quote Applications
With Oracle Configure, Price, Quote (CPQ), we believe your business can expect to benefit by:
- Improving seller efficiency with real-time pricing and configuration data, plus customer intelligence.
- Using artificial intelligence (AI) to recommend products and guide sales reps through up-sell and cross-sell opportunities.
- Ensuring profitable deals by discounting controls and with strategically defined pricing parameters.
- Creating 100% accurate quotes so orders flow seamlessly downstream to fulfillment and billing processes.
- Generating renewals and standardizing contracts to maximize continued engagement and margin.
“With the rapid evolution of customer’s quote to cash ecosystems, we are proud to be a Leader in the 2023 Gartner® Magic Quadrant™ for CPQ for the seventh time.
Oracle continues making significant development investments in CPQ to enable organizations to easily transform from one-time sales of products or services to more profitable recurring revenue models and continually evolve by testing, trialing, and learning from go-to-market efforts exposed across any sales channels. CPQ enables this business transformation with automation, greater guidance, and leveraging data and intelligence from the Oracle ecosystem to make better, more informed deals that are more profitable."
Gartner®, Magic Quadrant for Configure, Price and Quote Applications Published 11 December 2023. Analysts: Mark Lewis, Dayna Radbill.
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