SAN MATEO, Calif., Dec. 11, 2018 /PRNewswire/ -- Apttus, the global Middle Office leader, today announced that independent research and advisory firm Gartner has scored Apttus' CPQ product in its most recent Critical Capabilities report for Configure, Price, and Quote Application Suites. The report provides use case specific rankings to aid decision makers in identifying a shortlist of vendors for deeper evaluation.
Apttus achieved the highest scores for all six use cases defined by Gartner as important for assessing CPQ solutions: Direct Sales, Channel Sales, Self-Service Sales, Subscription Management, Complex Manufacturing and Solution Selling.
Apttus' CPQ solution has a long history of helping enterprises improve generation of new leads, identify cross-sell/up-sell opportunities and accelerate sales cycle times by a factor of five or more. As a result, Apttus customers streamline global revenue generation processes, increase sales effectiveness, optimize margins and ultimately spur greater growth across the entire Quote-to-Cash operation.
"Apttus is proud of our CPQ product's capabilities, which the organization has spent over a decade refining and advancing," said David Murphy, Executive Chairman at Apttus. "We were pleased, but not surprised, by the use case results. Our customers recognize the extreme impact an enterprise-quality, leading CPQ product can have on their business. They use us because we deliver the best possible solutions for their needs, and the results of this report speak for themselves."
- The November 2018 Critical Capabilities Report for Configure, Price and Quote Application suites is available here.
- For an analysis of the CPQ market and to view Apttus' placement as a Leader, get your complimentary copy of the 2018 "Magic Quadrant for Configure, Price and Quote Application Suites"
- Learn more about Apttus' vision for CPQ in The Ultimate Guide to Configure Price Quote
- Additional Analyst Reports featuring Apttus are also available here
Gartner, Magic Quadrant for Configure, Price and Quote Application Suites, Christina Klock, Mark Lewis, Melissa Hilbert, 5 November 2018.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Apttus is a Silicon Valley-based global provider of Apttus Omni, the Middle Office platform that allows enterprises to automate and optimize their most critical revenue and commercial relationship management processes. Apttus is powered by the most advanced technologies from Salesforce, Microsoft and IBM. Analysts rank Apttus as the global gold standard for Quote-to-Cash (QTC) and Contract Lifecycle Management (CLM) solutions. Apttus' innovations include Max, the company's Applied Artificial Intelligence that enables enterprises to achieve superior business outcomes. Apttus partners with a world-class ecosystem. Apttus customers include hundreds of the world's mid-sized organizations and the who's who of the Global 1000.
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