[
Hive CPQ Reviews
](https://www.g2.com/products/hive-cpq/reviews)

[
Hive CPQ Reviews
](https://www.g2.com/products/hive-cpq/reviews)

# Hive CPQ Features

##### 
## Configuration - cpq (5)

Product Catalog

Allows users to search, filter, sort and select items to be added to quote

Guided Selling

Based on answering questions about customers the configurator automatically selects the best fit products

Configuration Rules

Rules ensure that users select only compatible options and that all required items are included

Price Configuration

Pricing is displayed during configuration process so that users can quickly see how configuration changes impact the price

Visual Configuration

Images can be displayed of options to enable users to visualize product options as it is being configured

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##### 
## Pricing (6)

Pricing Flexibility

Ability to support multiple pricing models for one-time, recurring, and other items

Discounting

Ability to manage discounts at quote and line level; ability manage discounts based on volume and customer agreements

Commerical Rules

Allows rules to be written in commercial process so that users don't make errors in pricing, terms, and other commercial considerations

Terms and Conditions

Ensure that users automatically include the right terms based on items being quoted

Approval Workflow

Users can submit quotes, contracts, etc for approval and obtain appropriate approvals quickly

Renewals

Allows users to renew existing contracts based on contracted pricing and existing assets already owned

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##### 
## Quoting (6)

Grouping

Ability to easily group items on quotes; apply and manage discounts and pricing by group

Version Control

Provides abilty for versions to expire, allows users to create new versions, revert to old versions and track changes from version to version

Quote Document Generation

Generate professional proposals with desired branding, product descriptions, pricing, terms, and visuals in desired format (pdf, xls, word)

Ordering

Enables users to seemlessly convert quotes to orders with appropriate validations, workflow, and integration

Contracts

Ability to convert accepted quotes into contracts; set up of required assets and contracts

Approval Process Control

Manage the process of evaluating documents or requests submitted for approval

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##### 
## Admin (11)

Configuration Ease of Admin

Easily build and maintain configurator; flexibility to easily embed all desired business logic

Pricing Administration

Can easily build and maintain pricing logic required by business

Workflow Management

Easily build and maintain workflows, misc commercial fields, commercial rules

Document Management

Ability to easily build, update, customize, and maintain quotes, contracts, and other document outputs

Contact Management

Manage, organize, and store contact information

Discount Management

Track products that are for sale at a reduced price or part of coupon promotions

Catalog Management

Create and manage digital catalog of products/services with their details, specifications, and price

Contract/License Management

Track, store, and access client contracts or licenses

Renewal Management

Manage and track the renewal process for various services, subscriptions, contracts, or licenses

Price/Margin Management

Track and manage the profit margin between the cost of a product and its selling price.

Order Management

Manage and track customer orders for goods, investments, or any other purchases

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##### 
## Channels (3)

Mobile User Support

Supports users working on a mobile devide (phone and/or tablet)

Channel Partner Support

Provides functionality for channel partners to configure, price, quote and buy products in a self service environment

eCommerce

End customer users can configure, price, and buy products in a self service environment online

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##### 
## Platform (8)

CRM Integration

CRM integration is flexible and easy to maintain

Integration API

System provides API's that can be used to easily integrate to financial and other 3rd party systems

Internationalization

System support multiple currencies and languages to enable business in multiple countries

Scalability

Provides ability for very large quotes, number of products, users, rules, required by enterprise level customers

Reporting and Dashboards

Easily generate desired reports and dashboard on configurations, pricing, and quoting

ERP Integration

ERP integration is flexible and easy to maintain

Activity Dashboard

Dashboard to view the status of ongoing processes, identify current incidents and track past activities

Third-Party Integrations

Set up connections to third-party platforms to improve business processes

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##### 
## Visual Configuration (13)

2D Visualizations

Enables products to be viewed and configured in two-dimensions.

3D Visualizations

Enables products to be viewed, configured and interacted with in three-dimensions.

CAD Visualizations

Generate a CAD diagram using the features selected in a product configuration.

AR Visual Configuration

Overlays a 3D representation of the product being configured onto a background captured live by the camera of a phone or tablet.

VR Visual Configuration

Places the product inside a computer-generated 3D scene where they can see a 360-degree of the product in its surroundings.

Drag-and-Drop Functionality

Allows sales representatives and customers to drag features from a menu onto the visualization of the product.

Floor Space Planning (FSP)

Floor space planning (FSP) visualization tools are optimized for organizing the contents of a room, warehouse or building.

APIs and Integrations

Visual configuration tools often integrate with other tools, most prominently CPQ solutions.

Proposal Generation

Create sales proposals based on the visual product configurations.

Rule-based Configuration

Configure products according to pre-defined rules and/or constraints

Data Visualization

Graphical representation of data

Real-time Product Visualizations

Visualize products in real time, as they are configured

ERP integration

Integrate with existing ERP systems

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##### 
## Generative AI (2)

AI Text-to-Image

Provides the ability to generate images from a text prompt.

Generative AI

Use AI to generate content in the form of text, images, videos, etc.

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##### 
## Generative AI - cpq (3)

Dynamic Quoting

Generate personalized quotes and proposals that corresponds with each customer's tailored preferences and buying behavior

Dynamic Pricing

Analyzes data to suggest price adjustments instantly based on competitor pricing, demand, market prices, production costs, and other factors

Personalized Sale Recommendations

Enhances guided selling by learning customer preferences and suggesting the most suitable products and services based on their individual needs

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##### 
## Additional Functionality (68)

Inventory Management

Track and manage inventory levels to maintain proper supply

Client Portal

Private online space that lets businesses securely share documents and provide information access to clients

Design Management

Collaborate on creating a product by sharing and adjusting designs through a shared portal

API

Application programming interface that allows for integration with other systems/databases

Order Processing

Send / receive, process, and execute orders

Order Management

Manage and track customer orders for goods, investments, or any other purchases

Sales Order Management

An order generated by a seller to a customer, containing details about products or services

Activity Dashboard

Dashboard to view the status of ongoing processes, identify current incidents and track past activities

Workflow Management

Create, design and manage workflows for repetitive tasks

Discount Management

Track products that are for sale at a reduced price or part of coupon promotions

3D Imaging

Representation of any object in 3D

Multi-Currency

Manage and handle various international currencies

Template Management

Create, save, and re-purpose templates for emails, forms, etc.

Reporting & Statistics

Collection, analysis, and representation of numerical data and generation of reports to understand various patterns

For Customer Use

For use by customers

Customizable Branding

Add customized logos and colors to align with company branding

Pricing and Cost Calculations

Calculate rule-based prices for a product/service

Sales Reports

Reports specific to sales analysis for trends and strategies

Monitoring

Observe and track the demand, usage, progress or quality of a system, product, or user

Product Catalog

Present a catalog of inventory that customers can view

CRM

Built-in customer relationship management (CRM) capabilities or integration with a third-party CRM system

Sales Trend Analysis

Analyze the current state of sales data to accurately understand trends and forecast future sales numbers.

Customizable Templates

Pre-designed layouts that can be customized to match preferences and requirements

2D Drawing

Drawing and modeling designs within 2D flat dimensions

Document Management

Store, manage, and track all electronic documents in a centralized location

Online Catalog

An online catalog of inventory that customers can view

Bills of Material

Material list of manufacturing parts and associated costs

Multi-Language

Manage and support multiple languages

Product Data Management

Capture, organize and track product-specific data and information in a centralized location

Approval Process Control

Manage the process of evaluating documents or requests submitted for approval

Access Controls/Permissions

Define levels of authorization for access to specific files or systems

Data Synchronization

Synchronizing data between two or more devices/systems and automatically updating changes to maintain consistency

Order Entry

Entering, storing, and transmitting electronic and/or online orders, tests and other services for all types of industries

Quotes/Estimates

Generate quotes or estimates for customers

Catalog Management

Create and manage digital catalog of products/services with their details, specifications, and price

Price/Margin Management

Track and manage the profit margin between the cost of a product and its selling price.

AI Copilot

A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users

Version Control

Track revisions and updates made to files and navigate between different versions

Configuration Management

Identify component attributes like servers, hardware, software, and manage relationships across all services

eCommerce Management

Has a built-in eCommerce system or integrates with third-party systems to manage online sale of products

Self Service Portal

Online portal through which end users can access the system, manage tasks, or obtain information

Sales Automation

Automate processes to manage leads, contacts, opportunities and sales activities

For Internal Use

Usage of documents or items within a specific organization

3D Digital Asset Management

Store and manage 3D digital assets

Drag & Drop

Assemble applications and processes by dragging over and arranging pre-built components

Price and Cost Calculations

Calculate rule-based prices for a product/service

Data Visualization

Graphical representation of data

Rules Engine

It is a logic or a condition that executes business rules in a runtime production environment

Real-Time Data

Receive data and information in real time

Quotes/Estimates

Generate quotes or estimates for customers

Audit Trail

A record of all activities within the system, including user access, changes made, etc.

Drag & Drop

Assemble applications and processes by dragging over and arranging pre-built components

Access Controls/Permissions

Define levels of authorization for access to specific files or systems

Sales Automation

Automate processes to manage leads, contacts, opportunities and sales activities

Document Storage

Store and organize documents in a centralized system

AI Copilot

A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users

CRM

Built-in customer relationship management (CRM) capabilities or integration with a third-party CRM system

Customizable Templates

Pre-designed layouts that can be customized to match preferences and requirements

Product Configurator

Customize the specifications of a finished product to meet the particular needs of a customer

Self Service Portal

Online portal through which end users can access the system, manage tasks, or obtain information

Forecasting

Form predictions based on past and present data/trends

Bills of Material

Material list of manufacturing parts and associated costs

Multi-Currency

Manage and handle various international currencies

Generative AI

Use AI to generate content in the form of text, images, videos, etc.

Customizable Branding

Add customized logos and colors to align with company branding

Electronic Signature

Digitally sign online documents

Document Templates

Customizable sample documents that contain placeholder text or a standard layout that can be repeated for each new file

Reporting & Statistics

Collection, analysis, and representation of numerical data and generation of reports to understand various patterns

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##### Categories on G2

[
CPQ
](https://www.g2.com/categories/cpq)[
Visual Configuration
](https://www.g2.com/categories/visual-configuration)

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