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Palo Alto, Calif. – March 3, 2010 – Vendavo®, the leading provider of business-to-business price management and optimization solutions, today launched two new offerings that are available to customers in a software-as-a-service (SaaS) delivery model. The new offerings, Deal Pricing Insight OnDemand and Deal Pricing Optimization OnDemand, enable customers to realize rapid time to value with minimal IT investment and low upfront costs. These solutions complement Vendavo’s currently available ProfitVision OnDemand offering and comprise the company’s Pricing Intelligence OnDemand family, a sophisticated pricing solutions suite available to customers in a SaaS delivery model.
"The expansion of Pricing Intelligence OnDemand offerings underscores our commitment to deliver innovative pricing solutions that help customers improve profits," said Al Crites, chief executive officer, Vendavo. "Our OnDemand offerings will help expand the growing ranks of companies leveraging pricing strategically by offering them the flexibility of a subscription-based solution that provides rapid return on investment."
Deal Pricing Insight OnDemand and Deal Pricing Optimization OnDemand allow customers to leverage Vendavo’s pricing analytics and optimization capabilities directly from their existing on-premise or on-demand quoting and Customer Relationship Management (CRM) systems. With Deal Pricing Insight, sales teams can negotiate profitable deals and reduce margin leakage through in-depth pricing intelligence. With Deal Pricing Optimization, users can access optimal prices and guidance based on in-depth segmentation and effectively apply the results of price optimization to improve profits. The new solutions enable sales teams and CRM users to leverage the power of pricing directly from systems where they spend most of their time – minimizing change management and accelerating time to value.
Key capabilities of Deal Pricing Insight OnDemand include:
- Contextual pricing analytics in target quoting/CRM system
- Pricing insight dashboards and scorecards
- Pre-built pricing metrics
- Ad-hoc pricing analytics for power users
- Ongoing access to Vendavo pricing experts
Key capabilities of Deal Pricing Optimization OnDemand include:
- Price optimization to determine optimal price and guidance
- Segmentation using sophisticated pricing science techniques
- Automatic updates of pricing optimization results based on new data
- Direct access to price optimization results from target quoting / CRM system
- Contextual analytics, dashboards and scorecards based on price optimization
- Ongoing access to Vendavo pricing experts and pricing scientists
The primary benefits of the new offerings include:
- Rapid time to value by leveraging pricing intelligence effectively
- Embedded value realization from our experts to identify margin improvement opportunities
- Sophisticated pricing science to take advantage of pricing opportunities
- Quarterly subscription fees that reduce upfront costs
- Minimal IT investment that reduces strain on stretched IT resources
- Low change management by using existing quoting and CRM systems to deliver pricing intelligence
All Vendavo Pricing Intelligence offerings can also be deployed on-premise based on customer requirements.
To learn more about the new offerings, please visit us at www.vendavo.com
About Vendavo
Vendavo is the leading provider of price management and optimization solutions for business-to-business companies worldwide. Vendavo Enterprise Pricing Suite solves pricing problems by giving businesses true enterprise-wide control of their entire pricing process. It combines pricing science, pricing best practices, and enterprise-class software to drive small improvements in average prices at every stage of the pricing process, from segmentation to deal close. Together, these improvements deliver big increases in profits – from 10% to 30%. Vendavo is the enterprise pricing solution of choice for more than 160 customer divisions at some of the world’s biggest names in chemicals, high-tech and industrial manufacturing, consumer products, mill products and distribution.
To learn more, or to request information, visit www.vendavo.com.
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Media Contact:
Gretchen Bender
Greenough Communications for Vendavo
gbender@greenoughcom.com
617-275-6526
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