WALLDORF — SAP SE (NYSE: SAP) today announced it has been recognized as a Leader by Gartner in the September 2020 Magic Quadrant for Configure, Price and Quote Application Suites. In its latest report, Gartner assessed products from 17 vendors, including the SAP CPQ solution.
SAP CPQ provides a richer customer experience by empowering sales teams and partners to offer complex product configurations, optimized pricing and attractive proposals. With the SAP CPQ solution, users can offer the right product at the right price and time and accelerate sales through any channel by seamlessly connecting SAP CPQ to any CRM or ERP platform.
According to the report, SAP was recognized for its completeness of vision and ability to execute.
“A mobile salesforce that can operate with speed and agility has never been more important,” said Paula Hansen, chief revenue officer, SAP Customer Experience. “The ability to develop a customer quote that provides easy up-sell can be a competitive advantage contributing to increased revenue. SAP CPQ streamlines the sales-quote-to-cash process, leading to more signed deals, higher margins and most important, a better experience for both sales and customers.”
The SAP CPQ solution is part of the larger SAP Customer Experience portfolio, which includes the SAP Sales Cloud, SAP Marketing Cloud, SAP Service Cloud, SAP Commerce Cloud and SAP Customer Data Cloud solutions.
To learn more, download a complimentary copy of the Gartner Magic Quadrant for CPQ.
Visit the SAP News Center. Follow SAP on Twitter at @SAPNews.
Janice Tsoules, +1 (650) 223-4817, firstname.lastname@example.org, ET
SAP Press Room; email@example.com
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.
Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “forecast,” “intend,” “may,” “plan,” “project,” “predict,” “should” and “will” and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP’s future financial results are discussed more fully in SAP’s filings with the U.S. Securities and Exchange Commission (“SEC”), including SAP’s most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.
© 2020 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see https://www.sap.com/copyright for additional trademark information and notices.