Hive CPQ vs Oracle CPQ

Hive CPQ is configure, price, and quote software for manufacturers selling complex products. It brings product configuration, pricing, and quoting together for sales teams, dealers, distributors, and online customers. Its rule-based configurator is designed to reduce configuration and order errors. The pricing engine supports option-, attribute-, bill-of-materials-, grid-, cost-plus-, volume-, price-list-, and custom pricing models. Teams can create quotes with visuals and bills of materials, generate technical and calculation sheets, order summaries, manuals, and safety instructions, and turn approved quotes into orders. Quotes can be generated in over 20 languages. Hive AI processes incoming RFQs, guides buyers through configurations, and helps teams build and maintain configurators. Listed integrations include Microsoft Dynamics products, Salesforce, Zoho CRM, inriver, Bluestar PLM, and Ridder IQ; a backwards-compatible REST API supports customer-built integrations. Hive says it is ISO 27001 certified and GDPR compliant, stores data in Germany and Europe, and has 99.8% average uptime. Pricing is on request, based on project scope, complexity, and user count. A 30-day trial includes a dedicated sandbox and Hive Academy training.

Oracle CPQ is a cloud application for configuring products or services and preparing sales quotes. It supports the opportunity-to-quote-to-order process, from product selection and configuration through pricing, quoting, ordering, and approvals. Guided selling combines AI-driven suggestions with step-by-step workflows to help sales teams and customers identify products, bundles, and services. Pricing tools cover multiple price books, promotions, localization, multitier and channel pricing, and discounts. Oracle CPQ can generate proposals, statements of work, data sheets, and contracts, with automated approval and signature routing. Oracle says it connects with Oracle Sales, Salesforce Sales Cloud, Oracle Commerce, Oracle Subscription Management, and more than 20 ERP systems, including SAP and Microsoft. REST and SOAP APIs are available. Oracle’s security guide says CPQ responds only over HTTPS and recommends OAuth tokens for REST API authentication. For Oracle Cloud Infrastructure environments, administrators can request IP-range restrictions through Oracle Support. Cloud Support is included in the base subscription. The product is cloud-based and available on Android, API, iOS, and web. The listed CPQ Cloud Service costs $240 a month, with a 25 hosted named-user minimum and an initial three-year contract term.