Verenia Achieves Record Breaking Growth With Cloud CPQ and Product Configurator Solutions

NAPERVILLE, Ill. - Jan. 6, 2016 - PRLog -- Verenia, the growing global leader in Cloud CPQ and Product Configurator solutions, today announced 100% revenue growth for 2015 and is projecting an even bigger year for 2016. Verenia’s sustained growth is attributed to its market-changing CPQ products and continued commitment to its customers' successes.

Cloud CPQ and Product Configurators have been rapidly growing due to customer demands and technology innovations in the manufacturing and service industries. EosCPQ and Sole CPQ for NetSuite ERP enhance quoting and ordering processes, as well as customer engagement by enabling reps to spend less time developing quotes and orders and giving dealers and users the ability to accurately build and order products and services.

Victorio Pellicano, CEO at Verenia, said: “Verenia has seen explosive growth because our customers have great success using our products. Demand for CPQ and Product Configurator solutions, which help businesses in sales, engineering and customer support is growing tremendously. We take great pride in not just selling software, but selling solutions that solve real businesses’ needs. Without our customers’ successes, our company wouldn’t be where it is today.”

The CPQ market is rapidly evolving and becoming a necessary business system similar to ERP and CRM platforms. Verenia’s CPQ products differentiate themselves by having the best user experience and maintenance tools on the market; everyone from the marketing team to the engineers responsible for maintaining the product enjoy working with the system.

About EosCPQ and Sole CPQ

EosCPQ was designed to create error free and professional sales quotes and orders for customized product and services configurations accurately on any device, from anywhere, anytime. Many successful and innovative organizations use and rely on Verenia’s CPQ platforms, including Bennington Marine, Freedman Seating Company, KZ-RV, ABI Attachments and Elliott Tool Technologies.

Verenia’s CPQ products, EosCPQ and Sole CPQ, deliver benefits to organizations in three key areas:

Configure Price Quote (CPQ) & Product Configurator

Through guided-selling, built and configured products and services are priced with maximized cross-sell and up-sell options in order to deliver sales quotes efficiently with 100% accuracy. Apply discounts and margins through easily maintained pricing strategies and margins.

Proposals, Bills of Materials and Documentation

Dealers and users have tools to generate accurate and professional proposals and quotes with full manufacturing BOMs, routing and inventory support.

Customer Self Service Portal

Ability to provide users and customers with personalized, interactive user experiences on the web. Users have capability to submit support issues, complete transactions, receive answers to inquiries and access order history from any device at any time.

Sole CPQ launched in 2015 on SuiteApp.com and is NetSuite’s only CPQ built fully into the NetSuite platform, having no integration required.

Commenting on the success of 2015, VP of Sales, Jason Colosky, said, “We are very excited about launching Sole CPQ on NetSuite’s global infrastructure as its only native CPQ.  Having had a hugely successful product in EosCPQ, we already knew a lot about what people expect from a good product. Combining our knowledge of CPQ and leveraging NetSuite’s global platform, we have built truly game-changing technology for the largest cloud ERP in the world.”

About Verenia

Verenia provides leading Cloud, CPQ (Configure Price Quote) order management and product configuration software. The solution is customizable and can be tailored specifically for customers' special work flow processes and product requirements. EosCPQ is specifically designed to be simple to use, as well as easy to implement and maintain while supporting integrations into existing ERP (Enterprise Resource Planning) and CRM (Customer Relationship Management) systems as well as other business software. For more information and to request a demo of EosCPQ or Sole CPQ, visit www.verenia.com.