SAN MATEO, Calif. (PRWEB) October 01, 2020
Conga, the leader in digital transformation for commercial operations, today announced that it has again been named a Leader by independent research and advisory firm Gartner in the 2020 Magic Quadrant for Configure, Price and Quote Application Suites for the fourth consecutive year*. Gartner evaluated 17 CPQ vendors based on their ability to execute and completeness of vision.
For more than a decade, Conga CPQ has helped enterprises automate, optimize, and accelerate revenue generation – the most important process of any for-profit business. The solution helps maximize deal sizes and accelerate sales cycles for enterprises, including for large organizations with extremely complex products, pricing rules, and configurations. By digitally transforming revenue operations for customers, Conga CPQ empowers buyers and sellers to configure deals faster and drive performance in the sales organization like never before.
Conga believes Gartner recognition of the company as a Leader in the Magic Quadrant report validates Conga CPQ’s rich functionality and support of enterprises across various maturity and use cases, especially those requiring complex capabilities.
The evaluation of the 2020 Gartner Magic Quadrant for Configure, Price and Quote Application Suites preceded Conga’s launch of TurboEngines for CPQ.
TurboEngines significantly decreases the processing time for complex data, providing new or updated quotes 10x faster than standard solutions so the sales organization can respond to customers faster and win more deals in less time.
“We are proud to be named a Leader in CPQ by Gartner for the fourth consecutive year as we feel it validates our ability to successfully address our customers’ most critical and complex pricing and quoting needs,” said Eric Carrasquilla, Senior Vice President of Product at Conga. “We believe this recognition affirms that we have created a CPQ solution focused primarily on creating customer success. Conga’s continuity over the years assures businesses that they have chosen a leading partner and solution built for transforming their revenue operations so they can move faster to meet customer needs today while increasing agility to prepare for an uncertain tomorrow.”
For an analysis of the CPQ market and to view Conga’s placement as a Leader, get your complimentary copy of the 2020 Gartner Magic Quadrant for Configure, Price and Quote Application Suites.
Gartner, Magic Quadrant for Configure, Price and Quote Application Suites, Mark Lewis, Dayna Ford, 28 September 2020. *Previously listed as Apttus in the report.
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.
Conga, the leader in digital transformation for business processes, empowers organizations to drive better insights and outcomes and achieve peak performance. Increase revenue generation, manage key relationships, and overcome complexity with a comprehensive solution set for business operations – the processes and documents surrounding customer engagement, Configure Price Quote (CPQ), Contract Lifecycle Management (CLM) and Revenue Management. Conga helps businesses meet customer needs today while increasing agility to prepare for every possible tomorrow.
Conga is headquartered in San Mateo, Calif. with global operations across North America, Europe and Asia. Learn more at http://www.conga.com or follow Conga on Twitter: @CongaHQ.