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LEARN MORE: Discover the latest information available on Agreements and Promotions, here. |
Utility of Agreements & Promotions
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Pricefx offers the right functionality to create, maintain and track your promotions and discounts and their impact on your pricing, revenue, and margin.
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Pricefx Help with Promotions Management
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The Agreements & Promotions capability offers a range of features to support your business, including the management of discounts at different customer/product levels, the setting and rollout of price promotions and campaigns, and the calculation of net prices in connection with ERP backend system structures. Additionally, it enables the calculation and setup of various special price conditions, the establishment of a transparent and manageable discount system for sales activities on local and global levels, and access to analytics on discount impacts and margin leakages. There are two common ways of setting up agreements & promotions: Framework and Individual approaches.
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Using Agreements & Promotions enables default discount calculations to update agreement promotions with new changes, automatic discount input updates, mass submission of promotion agreements, promotion updates selection by user-defined generic filters (draft/approved), and background job scheduling for mass processing via Calculation Flow.
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Where to Start with Promotions
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Pricefx offers predefined algorithm logic to perform any type of promotion agreement calculations. You just need to provide the following information:
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