When CPQ works, the results are measurable
MGI Research conducted in-depth interviews with customers from all 20 MGI 360 Rated™ vendors and more. This report surfaces aggregated data from those confidential customer references.
What do customers really think about their Configure Price Quote vendors? Aggregated findings from confidential reference calls across 30+ CPQ vendors.
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CPQ customers are unsure if they would recommend the product
Of customers are not using their CPQ vendor's AI
first time CPQ implementations fail
MGI Research conducted in-depth interviews with customers from all 20 MGI 360 Rated™ vendors and more. This report surfaces aggregated data from those confidential customer references.
During evaluations, buyers often focus on current business needs and only look forward 12–18 months. Organizations should evaluate CPQ platforms not only against current requirements but against where the business expects to be in three to five years.
During evaluations, buyers often focus on current business needs and only look forward 12–18 months. Organizations should evaluate CPQ platforms not only against current requirements but against where the business expects to be in three to five years.
Customers increasingly view CPQ as a strategic enabler rather than a point solution, making scalability a critical buying criterion. Vendors capable of supporting increasing complexity, larger sales organizations, higher transaction volumes, and evolving business processes will be better positioned to win and retain customers.
Support execution is the top frustration among CPQ customers — and one of the top positive surprises when done well. Vendors investing in premium support see direct returns in satisfaction and upselling.
Beyond faster quote creation, CPQ standardizes the sales process by decreasing pricing errors, reducing manual checks, and increasing customer satisfaction.
Customers cite measurable benefits including reduced quote times, improved productivity, increased user adoption, and margin improvements driven by better pricing discipline.
Vendors (and customers) investing in ultra-premium support are rewarded. Customer support is directly tied to satisfaction, often leading to higher upsell rates.
Support execution is the top frustration, particularly around response times, escalation processes, and geographic limitations. This reiterates the need for onshore support teams.
Despite promises during the sales cycle, customers are frequently disappointed by the reality of rigid workflows, more manual workarounds, and slow system performance.
ERP and CRM Integration issues is another common pain point many customers find as a notable operational burden, reducing the anticipated efficiency gains.
Nearly all CPQ customers (93%) are not using their vendor's AI — but 79% want to. The challenge is not demand. It is product maturity and proven value. Vendors will struggle to monetize AI unless they can clearly demonstrate labor savings or accuracy gains.
MGI 360 Ratings™ for the top 35 CPQ vendors. The most rigorous independent rating of CPQ software available — used by buyers, vendors, and investors.