Vendavo, whose enterprise solutions help companies sell more profitably, today announced its Vendavo Profitability Suite integration with the SAP® Sales OnDemand solution to deliver optimized target prices at the click of a button and improve profitability on each transaction. This complements and extends its previous integration with the SAP Customer Relationship Management and SAP ERP applications. SAP continues to resell the Vendavo solution as the SAP Price and Margin Management application by Vendavo.
Vendavo made the announcement at its Profit Summit in Las Vegas. Vendavo’s Profitable Selling initiative, also introduced today, leverages enterprise “Big Data,” vertical industry expertise, pricing science and user experience to turn front-line negotiation into a winning competitive advantage.
“Our Vendavo Enterprise Profitability Suite optimizes prices to enhance deal profitability for our customers in industries as varied as chemicals, automotive and consumer goods,” said Neil Lustig, CEO, Vendavo. “We look forward to continuing our relationships with global customers also using SAP solutions, assisting them to negotiate more deals, profitably.”
SAP customers will integrate Vendavo Enterprise Profitability Suite with SAP Sales OnDemand through the newly launched Vendavo Sales Advisor. When the integration is implemented, Vendavo Sales Advisor will automatically deliver optimized target prices directly from the Vendavo Enterprise Suite to SAP Sales OnDemand. This drives the insight of the Vendavo solution right into the hands of sales representatives when they need it. By being able to deliver pricing guidance from the Vendavo suite to the point of sale via solutions including SAP Sales OnDemand, companies can expect to realize increased sales revenue and profit.
Vendavo’s front-line profit optimization solutions help customers drive profitable growth by empowering salespeople to negotiate confidently at the “Moment of Truth,” delivering 10-30% incremental profit, while increasing front line effectiveness, agility and responsiveness.
Vendavo is the enterprise profitability solution of choice for more than 300 company divisions at some of the world’s biggest names in Chemicals and Process Industries, Consumer Packaged Goods, Wholesale Distribution, Energy and Utilities, Technology, Industrial Manufacturing, and Medical Devices and Consumables.
SAP AG, a worldwide leading provider of enterprise application software, also offers the Vendavo Profitability Suite as the SAP® Price and Margin Management application by Vendavo. To learn more, or to request information contact www.Vendavo.com
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