Yagna iQ is recognized in the 2023 Gartner® Magic Quadrant™ for Configure, Price and Quote Applications
Plano, Texas – December 11, 2023
In the world of quote-to-cash systems, we are proud to become the niche Player in the 2023 Gartner® Magic Quadrant™ for CPQ.
With Yagna iQ Configure, Price, Quote (CPQ), we believe your business can expect to benefit by:
Reseller Sales Features:
- Designed for High-Tech Resellers: Tailored for resellers specializing in high-tech products.
- Robust Partner Sign-Up and Management: Comprehensive process for partner onboarding and ongoing management.
- Reseller Agreement Support: Provides support for creating and managing reseller agreements.
- Payment Collection and Distribution:
- Facilitates the seamless collection of payments.
- Enables efficient distribution of funds to resellers.
- Missing Punch-Out Ordering UI:
- Does not include a punch-out ordering user interface.
- Unable to be embedded within reseller websites or intranets.
- Access on Mobile Devices:
- Yagna iQ is accessible on a variety of mobile devices.
- iOS and Android App Availability:
- Specifically available as both an iOS and Android application.
Why CPQ for IT and Technology companies?
For High-tech companies, having accurate and fast quote-creation tools is essential. Configure, Price, Quote (CPQ) solutions, like Yagna IQ, automate the complex process, ensuring manufacturers meet customer needs for a personalized buying experience. Yagna IQ, a trusted CPQ tool for 20+ years, has enhanced sales processes for leading IT companies. With Yagna CPQ, tech sellers gain a competitive edge with precise and efficient quote generation in the dynamic business technology landscape.
Has Yagna iQ ever been positioned on the Gartner Magic Quadrant?
Yagna has been positioned in the Gartner® Magic Quadrant™ for Configure, Price, Quote (CPQ) Applications in 2018, 2019, 2020, 2021, and 2022.
According to the report, ‘Yagna iQ, a Dallas-based private company, is a Niche Player in this Magic Quadrant, specializing in CPQ. It is ideal for high-tech firms using a partner network, integrating with Microsoft Dynamics 365 Sales and Salesforce Sales Cloud for direct sales. Yagna iQ supports distributors and resellers through its partner management functionality, offering web service APIs for composable self-service UI implementation.’
Yagna iQ’s Configure Price & Quote (CPQ), Renewal Cloud and Cross-sell / Upsell (XSUS) Cloud product suites guide the channel partners through the product configurations, create automated quotes and provide Upsell / Cross-sell / Renewal recommendations.
We believe that placement in the Visionary quadrant reinforces our focus on building innovative excellence & broad offerings for our customers; Yagna iQ’s Configure Price & Quote (CPQ) has the functionality necessary to automate manual business processes to further reduce complexity in the sales cycle, said Ram Rai, CEO at Yagna iQ.
“Yagna iQ’s Configure Price & Quote (CPQ) is designed keeping today’s cloud era in mind. Our digital ecosystem for vendors, resellers & distributors has helped our customers renovate their traditional sales process. We believe that cloud technology in sales ecosystem will continue to expand as businesses increasingly enjoy the benefits while accelerating their business with innovation & growth.” said Manish Agrawal, CTO at Yagna iQ.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Yagna iQ
Yagna iQ is an installed-base driven sales acceleration and CPQ platform. Yagna iQ utilizes multi-vendor historical sales transaction data and generates new Up-sell / Cross-sell / Renewal opportunities with the help of its analytics and machine learning capabilities. Yagna iQ’s world-class CPQ platform further helps to generate faster quotes and professional proposals. Yagna iQ solution is widely deployed and it has 20000+ business users in more than 150 countries. For more information, visit https://www.yagnaiq.com/