Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                

Oracle CPQ Cloud-IMP

Download as pdf or txt
Download as pdf or txt
You are on page 1of 31
At a glance
Powered by AI
Oracle acquired BigMachines to become the leader in cloud-based CPQ. It can integrate with various CRM/ERP systems and automate sales processes.

It is a cloud-based configuration, pricing, and quoting solution that can run standalone or be integrated with other Oracle and non-Oracle systems.

Hewlett-Packard, GE, and Rolls-Royce are mentioned as customers with improvements in quote cycle times, margins, and reduced manual work.

Oracle CPQ Cloud

Product Overview

Sergio Martini
CX/CRM Master Principal Sales Consultant
CX Organization
June 11, 2014

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

Safe Harbor Statement


The following is intended to outline our general product direction. It is intended for
information purposes only, and may not be incorporated into any contract. It is not a
commitment to deliver any material, code, or functionality, and should not be relied upon
in making purchasing decisions. The development, release, and timing of any features or
functionality described for Oracles products remains at the sole discretion of Oracle.

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

Program Agenda
1

Oracle CPQ Cloud Introduction and Product Overview

Go to Market

Customer References

Demo: Manufacturing

Q &A

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

Oracle CPQ Cloud


Oracle CPQ Cloud Introduction and Product Overview

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

Oracle CPQ Cloud BigMachines Acquisition


Oracle bought a company called BigMachines, which is the Leader in Cloud based CPQ
segment. BigMachines has now become Oracle CPQ Cloud.
About Big Machines
Established in 2000, BigMachines is headquartered in Deerfield, IL, with offices in Chicago, Frankfurt and London.
100% SaaS delivered. Can run stand-alone or integrated with Oracle Sales Cloud, SFDC, CRM On Demand or any
other CRM/ERP solution
More than 300+ companies, including ADP, Coca-Cola, Siemens and Vodafone, rely on BigMachines flexible CPQ
Cloud to connect and automate their sales processes.
Dozens of highly referenceable customers across verticals running eBusiness/JDE/others for ERP

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

Oracle CX
Complete Customer Experience Platform

Oracle
Marketing
Cloud

Oracle
Sales
Cloud

Oracle
CPQ
Cloud

Oracle
Service
Cloud

Oracle
Commerce

Oracle
Social
Cloud

Integrated
Customer
Foundation
Globalizations
and Experience
Statutory Localizations

Globalizations and Statutory Localizations

Integrated Customer Experience Foundation


Social Network

Mobile

Analytic KPIs &


Dashboards

Predictive
Analytics

Integrations

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

By The Numbers
Undisputed Market Leader

6,000,000+

2000
Started In the Cloud

Global Customers

Quote Transactions

4 Hubs
EMEA

300+

#1
Larger than All
CPQ Vendors
Combined

Global Team Members

400+

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

Oracle CPQ Cloud


Ensures Fast, Seamless & Automated Process of Completing a Customer Order
Marketing

Sales

Configure, Price
& Quote (CPQ)

Commerce

Traditional Sales Approaches to Completing


Orders Cause Errors and Delay Revenue
Siloed information and processes delay
completion of transactions
Inability to support mobile execution of
complex contracts
Multiple, manual cycles to resolve deal terms
and get required approvals
Missed sales from poorly managed renewal
and up sell opportunities

Service

Social

Oracles Modern CPQ Cloud Increases


Productivity and Accelerates Time to Revenue
Price &
Quote

Present &
Propose

Select &
Configure

Order &
Fulfill
Report &
Analyze

Seamlessly extends the sales process from


opportunity though order
Capabilities delivered anywhere, on any
device
Automates the approval process and ensures
compliance
Dynamic pricing and promotions drive up sell
and renewal cycles

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

Analysts View CPQ as Mission Critical

Copyright 2014 Oracle and/or its affiliates. All rights reserved. |

CPQ: Mission Critical Sales Performance Management

Copyright 2014 Oracle and/or its affiliates. All rights reserved. |

Oracle CPQ Cloud


Comprehensive Sales Management Capabilities
Workflow Approvals

Proposal Generator

Route orders for review & approval, ensure 100%


accuracy and eliminate approval bottlenecks with
automated workflow

Create, customize and brand proposals for sales


reps, channel partners or sales channels, and
customers

Pricing and Quoting


Ensure consistent application of pricing and
discounting rules, and automatically generate
customer-friendly quotes in multiple formats

Product Configurator
Ensure 100% accurate quotes and orders and
eliminate data entry errors

Guided Selling

Price &
Quote

Present &
Propose

Select &
Configure

Order &
Fulfill

Channel Management
Standardize and enhance the sales process for
channel partners, VARs and distributors

Contract Execution
Automate contracts, route contracts for approvals
and signatures, store contracts with accounts or
opportunities and analyze trends

Report &
Analyze
Order Execution

Guide users to the optimal products and options


based on customer needs with guided selling
functionality

Eliminate manual and repeated data entry into


multiple systems

Reporting
Improve quote management, forecasting, and
product management with better information and
insights

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

12

Oracle CPQ Product Overview


Guided Selling for optimal product options

Enter application parameters and determine correct


product models to use

Ideal for true value based guided selling

Required for some complex or highly engineered


products

Used for good, better, and best product


segmentation

Allows fast ramp of inexperienced sales reps

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

13

Oracle CPQ Product Overview


Simple to Use Product Configurator for Handling Complex Rules

Guided selling rules and constraint messages


drive easy and complete product
configuration

Dedicated upsell and cross sell rules

WEB 2.0 technology maximizes performance


and enhances user experience

Complex capability for Bill of


Material/Routing and pricing generation

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

14

Oracle CPQ Product Overview


Pricing, Quoting & Workflow Approvals

The pricing and quoting engine is used to


manage all non product related aspects of a
quote:
Commercial terms
Advanced pricing
Customer data native/CRM

Includes robust workflow process legal,


product, finance, etc.

Flexible APIs to manage data across business


systems

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

15

Oracle CPQ Product Overview


Proposal Generator: CPQ Integrated Contract Management
Contract Generation
Sales quote automatically feeds data into contracts
Rules-based contract templates
Dynamic and pre-approved clause libraries
Stored negotiated contract terms
Review and Approvals
Legal business process approvals
Electronic signature integration
Redline and compare changes

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

16

Oracle CPQ Product Overview


Flexible Administration & Product Data Maintenance
100% ONLINE ADMINISTRATION

Accessible 24x7, anywhere in the world


FULLY WEB-BASED

Powerful tools give maximum flexibility


without coding

Easy to customize user interface

Simple rules via point and click

Set up rich document templates

Easy to set-up and maintain

BigMachines flexible admin capabilities allows us to make changes and deploy it ourselves to match our
business needs.

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

17

Oracle CPQ eCommerce Module


Launch CPQ from your public website - enable customers to pick the right solutions and
options from your catalog
Easily Optimize eCommerce with Guided Selling & Product
Configurations

customers can shop online directly from a self-service, B2B


guided selling and configuration platform
features available are the ones that made eCommerce so
successful for B2C businesses, including: shopping carts,
product comparisons, customer reviews, and more.

Enable Direct Selling to Business Customers on website


Familiar & Intuitive eCommerce Search and Comparison
Make it Simple for Self-Service

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

18

Oracle CPQ Cloud


Go to Market

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

20

Oracle CPQ Cloud


Multi Channel Platform
CPQ for Sales Users

CPQ for eCommerce

ERP
CPQ for Partner
Channel

Billing
Shopping Cart
CPQ for CRM

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

21

Oracle CPQ Cloud


Customer References

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

22

Proven Enterprise Results


117% growth in revenue

20% faster decision making on approvals


Days into Seconds (time to produce large proposals)

3% improvement in net margin rate year 1

75% reduction in quote cycle time

$5.5MM in contribution margin

93% reduction in order processing time

>65% reduction in labor time per quote


0% error rate (down from 70%)

10x increase in quotes per month

40% reduction in sales and customer service teams

3% increase in market share year 1

400% increase in sales with only a 50% increase in support

Weeks into Days (decreased quote-to-cash time)

8 minutes from prospect conversation to signature via iPad

Copyright 2014 Oracle and/or its affiliates. All rights reserved. |

23

References
The worlds leading manufacturer of innovative products like PlayStation, BRAVIA LCD televisions, VAIO
personal computers, Xperia smartphones & tablets, Handycam camcorders, and digital cameras.

Challenges

Results

Sonys shopping cart lacked


full integration to it
webstore.
It was re-launching its
website and needed an
online product configurator
capable of handling a
significant load.

Much easier maintenance


over custom built product
rules on IBM Websphere
Great scalability and
performance under very
high load (4000-6000
concurrent active
configurations)

Copyright 2014 Oracle and/or its affiliates. All rights reserved. |

References
Hewlett-Packard Company or HP is an American multinational information technology corporation that
provides hardware, software and services to consumers, small- and medium-sized businesses and large
enterprises, including customers in the government, health and education.
Challenges

Results

HP had a Microsoft Excel


based quoting application
that did not scale globally
and required custom
integration with their CRM
provider. They were
dependent on a single
individual to maintain the
entire application, making
product launches difficult
and time consuming.

ArcSight business unit


delivered the best quarter
in company history the first
quarter following their
rollout.
Full quote-to-cash
implementation with
integration to ERP and
billing systems

Copyright 2014 Oracle and/or its affiliates. All rights reserved. |

References
GE is a world leading manufacturing company that works on things that matter. They employ the best
people and the best technologies taking on the toughest challenges; finding solutions in energy, health
and home, transportation and finance.
Challenges

Results

GE had inconsistent CPQ


business processes across
their geographies
containing known
inefficiencies. They had to
manually integrate GE
Lightings CRM and ERP
systems, causing lengthy
and inconsistent quotes
that were measured on a
weekly basis.

30% reduction in quote


cycle time and improved
business intelligence
Higher margins and market
penetration

Metric driven pricing


decisions from better
transparency and single
source quote generation

Copyright 2014 Oracle and/or its affiliates. All rights reserved. |

References
Rolls-Royce is a global company, providing integrated power solutions for customers in civil and defense
aerospace, marine and energy markets. They support customers through a worldwide network of offices,
manufacturing and service facilities.
Challenges

Results

Rolls-Royce had a homegrown system with over


7,000 cost records; many
which were out dated. It was
difficult to develop a cost for
standard products because
the documentation was
stored in several locations.
Their proposals were
manually assembled with
some exceeding 500 pages.

Bid Support, Engineering,


and Marketing saved over
24,000 hours per year
Recognized by
Manufacturing Business
Technology Magazine with
the Most Innovative
Process Award for its use
of Oracle CPQ

Copyright 2014 Oracle and/or its affiliates. All rights reserved. |

Oracle CPQ Cloud


Manufacturing Demo

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

28

Oracle CPQ Cloud


Manufacturing Demo
Guided Selling & Help
Bundling
Intuitive User Experience
Cross-sell/Up-sell
Different Pricing Models
Automated Approvals
Dynamic Document Generation
Quote Analysis
Order Submission w/ ERP

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

29

Where can I find more Information?


BigMachines.com is still available but will be sunset soon
Further product info, data sheet, functional module available, etc. Can be
found at:
http://www.oracle.com/us/solutions/customer-experience/cpqcloud/bigmachines-cpq-ecommerce/overview/index.html

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

30

Copyright 2014 Oracle and/or its affiliates. All rights reserved. | Oracle Confidential Internal/Restricted/Highly Restricted

31

You might also like