Slaesforce FAQ

is apttus owned by salesforce

by Mercedes McCullough Published 2 years ago Updated 1 year ago
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Salesforce invested in the company, then bought a competitor, SteelBrick. Apttus didn’t stay independent much longer. In September 2018 the company announced it was being acquired by private equity firm Thoma Bravo, ending longtime rumors of an eventual IPO.

Apttus' software was originally developed to leverage the Salesforce customer relationship management platform, but it has since been integrated with Microsoft Azure and IBM Cloud as well.
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Apttus.
TypePrivately held company
OwnerThoma Bravo
Websiteapttus.com
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Full Answer

What is Apttus used for in Salesforce?

Use of Apttus in Salesforce The Apttus Omni is built on top of Salesforce and it is the most secure and scalable cloud platform for enterprises. This means Apttus Quote-to-cash solutions include Salesforce’s amazing features that it provides to its customers. Such as mobile access, analytics, run business in multiple segments and areas, etc.

Is Apttus CPQ a competitor to Salesforce CPQ?

That means Apttus Quote-to-Cash solutions inherits Salesforce innovations like mobile access, advanced analytics, and the ability to run business in multiple currencies and languages. It is a competitor to Salesforce CPQ itself. If you have other questions, let me know!

Who are the rivals of Salesforce and Apttus?

Salesforce & Apttus CPQs are the two big rivals when you plan on taking up a quote-to-cash solution for your company. Both of them are big players of the platform and operate effectively. But you still need to choose the ideal one that would deliver you as per your expectations.

What is the Apttus Omni Cloud Platform?

The Apttus Omni is built on top of Salesforce and it is the most secure and scalable cloud platform for enterprises. This means Apttus Quote-to-cash solutions include Salesforce’s amazing features that it provides to its customers. Such as mobile access, analytics, run business in multiple segments and areas, etc.

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Is Apttus and Salesforce same?

The Apttus Omni is built on top of Salesforce and it is the most secure and scalable cloud platform for enterprises. This means Apttus Quote-to-cash solutions include Salesforce's amazing features that it provides to its customers. Such as mobile access, analytics, run business in multiple segments and areas, etc.

Which company acquired Apttus?

Thoma Bravo's Apttus to rebrand as Conga after $715M acquisition of Salesforce-backed business. San Mateo-based Apttus is buying Colorado-based Conga and adopting its brand name.

Who is Conga owned by?

ApttusTwo of Salesforce's earliest ISV partners joined forces last week when quote-to-cash vendor Apttus acquired contract lifecycle management specialist Conga in a deal said to be valued at $715 million.

What is Apttus CPQ in Salesforce?

Apttus CPQ (Configure Price Quote) is the sales tool from the Apttus line of product offerings which are designed to serve the sole purpose of providing reliable and accurate quotes in real-time. This not only helps the companies to gain this information but also enables Sales teams with cross-sells.

When did Conga acquire Apttus?

(May 7, 2020) - Apttus, the leader in quote-to-cash (QTC) solutions, and Conga, the leader in Digital Document Transformation today announced the two companies are joining forces to create the leader in digital transformation for commercial operations.

What is Conga for Salesforce?

Conga Grid Conga Composer enables Salesforce customers to customize, streamline, and scale document generation and reporting for Salesforce. Composer can automatically populate multiple types of templates with data from any standard or custom object in Salesforce and send it via various delivery options.

Are Apttus and Conga the same?

Conga, one of Salesforce's biggest AppExchange partners, has merged with Quote-to-Cash leader Apttus, in what is rumoured to be a $715 million deal.

Is Conga a Salesforce company?

Conga and Salesforce FAQs Conga was born on the Salesforce AppExchange in 2006 and Salesforce Ventures is a Conga investor. Who uses Conga? Organizations that want to streamline documentation processes. End-to-end automation means you spend less time dealing with paperwork and more time winning over customers.

Is Apttus a public company?

Despite publicly discussing the likelihood of an initial public offering in 2016, Apttus never went public before being acquired by Thoma Bravo.

What is the difference between Salesforce CPQ and Apttus CPQ?

Both Salesforce CPQ & Apttus CPQ support Web-based platforms. But Salesforce CPQ comes with an additional iPhone app support, and Apttus CPQ supports the Windows Phone app platform.

What does Apttus stand for?

Apttus, the name of which is a combination of two Latin terms meaning “deep capabilities” and “speed,” is a B2B cloud service running on the Salesforce1 platform.

Is CPQ part of Salesforce?

CPQ Salesforce, or Configure, Price, Quote Software by Salesforce is a sales tool for companies to provide accurate pricing with any given product configuration scenario.

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What is apttus CPQ?

Apttus CPQ. 1. Apttus CPQ has multiple quoting functionality, you can draft and save quotes with pricing features. 2. It proposes to upsell or cross-sell recommendations. 3. You can change the price of your product or service offerings with Apttus CPQ. 4.

How to reach out to Apttus CPQ?

You can reach out to the Apttus CPQ team through phone, online chat, or video tutorials, whereas Salesforce CPQ is available over the phone and has a knowledge base to let the customers find solutions for all their problems.

How much does Salesforce CPQ cost?

There are three pricing plans of Salesforce CPQ that include CPQ Plan at $75 per month, CPQ Plus Plan at $150 per month, and CPQ+Billing Plan at a custom pricing plan. The Salesforce CPQ pricing plan breakdown is as follows:

What is CPQ in Apttus?

Apttus CPQ is a sales tool that operates as a multi-channel remedy for medium and large enterprises to avail their price quoting, quote dealings, and configuration services. There is no such estimated pricing info mentioned by Apttus as you need to reach out to them for a demo and then request the price quote based upon your business requirements. As per the reviews are concerned, the services are not too costly.

What is the best tool for configuring prices and vendor quotes?

1. It is the best tool for configuring prices and vendor quotes.#N#2. It is a perfect outsourcing tool for NetSuite.#N#3. It is easy to track and improve sales metrics with the use of Apttus CPQ.#N#4. The developer guide is truly intuitive, and you will find it easy to follow.#N#5. It comes with the community & partner portal for additional help.

Does Apttus have AI?

Apttus is equipped with Max-AI, which is the sole efficacy of its CPQ used by the salespeople to generate effective quotes as per the requirements. The AI also chats with the salespersons to give recommendations based upon the quotes. Moreover, Apttus CPQ also offers to cross-sell & upsell opportunities for giving out optimal pricing strategies.

Does Salesforce help with expansion?

Every business undergoes expansion at some point in time. Therefore, the software they use and the platforms they rely on must also contribute positively to the expansion phase. Both Salesforce, as well as Apttus CPQ, are coming up to assist the expansion phase of the businesses.

What is Apttus Max AI?

Apttus has released Max AI, a fascinating application of artificial intelligence that can be used by salespeople to build effective quotes based on instant comparisons to your company’s top reps.

What is Salesforce AI?

Salesforce’s AI, Einstein, also gives recommendations based on quote scoring and can be used for predictive offerings. Salesforce CPQ does everything that you need a quote-to-cash platform to do, including guided selling, rule configuration, orders/renewals, automated and subscription billing, among many other tasks.

What are the two big players in the quote to cash space?

Two big players in the quote-to-cash space are Salesforce and Apttus. Both are packages within Salesforce, meaning their backends are built using Salesforce as the platform, rather than being externally developed and connected via API.

Does Apttus have integrations?

Apttus does offer integrations with their partners, but it’s at a much smaller scale. More of the onus of development falls to Apttus itself, and it’s less likely that, if the base product can’t do what you need it to, you’ll be able to find an integration or a partner that can bridge that functionality gap.

Does Apttus have a quote to cash?

In addition, Apttus offers the full gamut that your quote-to-cash process requires, like CPQ, e-commerce, and contract management. Salesforce has based its quote-to-cash offering off of the same powerful, easy-to-use design language that has made it an industry leader in CRM.

What is Quote to Cash (CPQ)?

CPQ stands for Configuration, Pricing, and Quoting. It is used in the quote to price process that helps businesses in generating quotes in a seamless manner and rapidly. The CPQ process helps the sales team of a business in many ways and manages the entire cash process as per the requirements.

What is Salesforce CPQ?

It is a platform that helps businesses manage & organize customer lifecycle with its impeccable capabilities with Sales Cloud integration.

What is CPQ Apttus?

It is also one of the most popular CPQ platforms in the world. Built on Salesforce’s Force.com platform, Apttus CPQ claims itself to be an end-to-end CPQ platform. The tool is compact with X Author technology that enables seamless generation of price quotes. Businesses can excellently manage even the most complex pricing rules.

Comparison Between Salesforce CPQ and Apttus CPQ

Support Platforms – Both platforms have a strong web-based support platform. However, Salesforce CPQ additionally has iPhone app support, whereas Apttus CPQ gives support to the Windows Phone app.

What is Apttus Omni?

The Apttus Omni is built on top of Salesforce and it is the most secure and scalable cloud platform for enterprises. This means Apttus Quote-to-cash solutions include Salesforce’s amazing features that it provides to its customers. Such as mobile access, analytics, run business in multiple segments and areas, etc. Furthermore, Salesforce CPQ drives the organization by application acquisition, productivity, and acceleration with an intuitive and flexible architecture.

What is Salesforce CPQ?

Salesforce CPQ is software offered by Salesforce itself and it is a sales tool for the companies that provide accurate pricing for the given product. Moreover, Salesforce CPQ provides the sales team easy to use software compatible with any device during their sales process.

Does Apttus CPQ use standard platform products?

The tool Apttus CPQ doesn’t use standard platform products such as Price Book Entry. It utilizes custom order objects, order products, contacts, etc. It also stores the iterations of the cart well. Moreover, Apttus CPQ is flexible in usage for its users. Users can able to rapidly test and deploy new pricing models using this tool.

Why is Apttus CPQ so challenging?

In our experience, Apttus CPQ, delivering on time and/or budget is always a challenge because product capabilities tend to be exaggerated during the sales cycle. Apttus typically under sells the amount of time it takes to implement, and this puts Professional Services and other System Integrator’s in a compromising position.

What is Salesforce CPQ?

Salesforce CPQ does everything that you need a quote-to-cash platform to do, including guided selling, rule configuration, orders/renewals, automated and subscription billing, among many other tasks. When it comes to the product offering, both Salesforce and Apttus offer very compelling products to make delivering quotes better.

Does Apttus have CPQ?

Many different companies offer extensions for Salesforce CPQ, which means the platform has been able to rapidly innovate and do so much more quickly than other solutions. Apttus does offer integrations with their partners, but at a much smaller scale.

Is Apttus a partner?

In our experience, Apttus has been challenging to partner with, due to their partner requirements and Master Service Agreement (MSA). Without that agreement, it’s nearly impossible to get support from them as an SI. It may be challenging to find a partner to help implement it in a way that works for your business. It also will not be supported, documented, nor enhanced through release cycles by Apttus.

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