Description

Benefit

User-defined dashboard

User can have their own portal or dashboard for all their activity and alerts within the system

An easy to use workbench for the pricer

Alerts

System alerts user to variety of events including product changes, cost changes, KPI changes, etc.

The user is always aware of everything that’s important to their role in pricing

Rich Product Master Data

Rich product master data available in the system like product images, videos, documentation, and of course attributes.

The user can easily find the information they need for pricing decisions all in one place

Target List Pricing

System suggests target pricing for new and existing products based on configurable rules / strategies that leverage both internal (e.g. costs, product attributes) and external (e.g. competitive prices, customer perceived value) data.

System makes life easier for pricers and removes the chance for pricing errors by enforcing the right pricing strategies.

Price List Propagation

Once list prices are set, all related, cascading price points (e.g. local list prices, bundle prices, etc.) are calculated automatically

Generating all the various price points in your waterfall is easy and automated.

Full Audit Trail Capability

System tracks who makes what changes when to provide full audit-ability of the system

Regulatory and compliance requirements are satisfied

Price List Publishing

System can publish price lists into various forms like Excel and PDF

Easy to generate necessary price publications and share pricing internally as needed.

Price Simulation

The user can simulate changes to pricing to estimate impact of various actions

Understand the impact of various scenarios so I can make the best decision possible

Personalization of Tables

User can customize the tables of data in their UI to bring in the various fields, attributes, and data the need to see

Everything the pricer needs is all in one place

Customizable Inline Analytics

The user can see data visualizations of the data they’ve selected in their scenarios (target list prices, costs, transaction history data, competitive prices, etc.)

It’s easy for the pricer to see all the most important information so they can make the right decisions for their prices

Hierarchical Rule-based Price Setting

User can set multiple pricing strategies in a drag-and-drop hierarchy such that system will use the most desirable method and move to the next most desirable method if needed based on the rules and conditions

The pricer can simple setup the hiearcy or sequence of pricing methods/rules, and let the system manage from there, enabling dynamic pricing

User can export data tables to Excel and import as well

Getting data out or in to PricePoint is easy and convenient

Filter And Search

User can filter and search for data of any kind to find the products or data they need

Makes managing pricing across hundreds of thousands of SKUs much easier

Organization Entitlements for Price Setting

User can manage pricing rules at corporate/HQ level, or can empower regional/local pricing managers to manage some or all of those rules as well.

One system can manage pricing for the entire organization, even if they manage pricing at different levels of the organization.

Recommended Regional / Local List Prices

User can manage regional / local market adjusters to suggest pricing for subsidiaries or regions/countries.

Pricers can make sure prices at the regional or local level retain the appropriate relationships and structures to reflect market conditions and avoid grey market issues

Automate Global-to-Local List Price Setting

Users can set local/regional list prices to be auto-set based on global list prices (or not)

Price maintenance / updates can be automated partially or fully so that pricing is always up-to-date and it’s easy to adminster

Create customer groups and segments

User can create customer groups / clusters / segments based on user-defined attributes such as industry, customer size, etc. These groups can be used for setting policies and/or discounts, etc.

It’s simple to setup complicated groupings of customers for price/discount policies and values.

Deal Price Guidance

User can set deal price guidance levels (Start, Target, Floor levels) for sales users in CRM or CPQ tools

Pricing can easily set guidance levels for sales to use when quoting / negotiating pricing with their customers

On-invoice Condition Management

Users can set a condition sequence so they can manage on-invoice pricing conditions for products and customers

Enables the organization to simulate or actually price the full waterfall from list price to net price

Full End-to-End Price Waterfall Simulation

Users can simulate price changes to any level of the waterfall and see the simulated impact across the whole waterfall

Pricers can see the full / holistic impact of potential pricing decisions

Price Change Scenario Analysis

Users can create and save multiple scenarios to assess / simulate potential pricing actions, so they can then compare different scenarios

Pricers can make the best decision possible

Off-invoice Condition Management

Users can setup off-invoice programs (rebates, bonuses, etc.)

Programs are easily deployed and consistantly applied to the correct situations.

Dashboards

Users can build customizable dashboards and reports (“visual analytics”)

Users can visualize performance on a variety of levels easily

Sharing and Collaboration

Users can share access to dashboards as well as automate report generation for sharing or distribution

PricePoint makes it easy to share insights and analyses