January 23, 2021
Armatic, the leader in business process automation for finance, support and sales teams has been crowned the Market Leader and # 1 in the Implementation Index for CPQ Software and #1 in Customer Satisfaction in AR Automation by G2 Crowd, the world’s leading business software review platform.
Armatic is #1 for CPQ Implementation
The G2 Crowd CPQ Implementation Ranking is an in-depth report of over 27 CPQ (Configure/ Price/ Quote) software vendors. Armatic was ranked #1 for CPQ implementation based on independent reviews from over 2,700 global users of CPQ software.
The Index is evaluated based on the following criteria:
1. Ease of Setup
2. Implementation Time
3. User Adoption
4. And Other Factors
Ranked number 1 in the CPQ category, Armatic had the highest score of all participating companies with a score of 8.68. None of the past market leaders in this category have been able to reach a rating above 8 in 2019.
Here some of the scores in the CPQ software space:
Armatic: Score 8.68
Oracle CPQ Express: Score 7.81
Salesforce CPQ: Score 7.52
IBM CPQ: Score 7.47
Apptus CPQ: Score 6.91
Armatic was crowned as well "Best Support & Easiest to do Business With" in the CPQ Software category and #1 in Customer Satisfaction and Easiest Setup + Best Estimated ROI in the AR Automation category.
“Armatic would like to thank its global customers who leverage Armatic's business process automation platform in finance, sales, and support,” said Thomas Cornelius, CEO of Armatic. “The G2 Crowd Ratings validate the automation power, best practice implementation, and the high-value Armatic provides its customers.”
Armatic is The #1 Rated AR Automation & CPQ Implementation Software
These awards follow recent milestones for Armatic, including:
1. reaching over $ 1 billion in invoice volume managed on the Armatic platform, and
2. Over $120 Million in new invoices generated each month, and
2. Integrations into leading CRM systems Salesforce and Hubspot
In today’s automation-savvy environment, software buyers rely on thoughtful peer reviews to make decisions. G2 Crowd asks reviewers for thorough and balanced reviews, as well as incorporating data aggregated from online sources and social networks. As such, we encourage you to share your Armatic experience with others.
This latest G2 Crowd ranking is exciting and gratifying feedback on how we are serving our customers. The results are a strong third-party validation of the high value we put on listening and responding to our customers’ suggestions. We believe our unique relationship with our users is a competitive advantage — one that continues to bear fruit. As always, we deeply appreciate your support.
About G2 Crowd – G2 Crowd is the world’s leading business software review platform, leveraging its roughly 800,000 user reviews to drive better purchasing decisions. Technology buyers, investors and analysts use the site to compare and select the best software based on peer reviews and synthesized social data. G2 Crowd aims to bring authenticity and transparency to business technology research. For more information, go to G2Crowd.com.
About the CPQ Implementation Score - A product's Implementation score is calculated by a proprietary algorithm that factors in real-user satisfaction ratings for a number of implementation-related review questions. Software buyers can compare products in the CPQ category according to their Implementation scores to streamline the buying process and quickly identify the most easily implemented products based on the experiences of their peers. For vendors, media, investors, and analysts, the Index provides benchmarks for product comparison and market trend analysis.
BY Casey Griswold
BY Alyssa LeBlanc
BY Max Golovnia
Alyssa is handling content development and content planning for Armatic and works closely with our product and development team.