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At Pricefx, we have segmented our solution into several different categories and each of these addresses very specific sets of pricing requirements. Thus, our multitude of Accelerators is also separated into these distinct groupings to focus on solving common problems in these areas.
tegory | Accelerator | Description |
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Insights | Customer Insights | Assists in the prevention of margin leakages through a set of pre-built dashboards that enable you to identify customers at risk with low health scores. |
Sales Insights | Provides insights with pre-built dashboards into revenue and margins for customers and products. | |
Actionable Insights | Helps you find business opportunities or detect risks by using relevant contextual actions which are triggered by specific situations. | |
Pricefx Plasma | Compares more than 20 pricing performance benchmarks against anonymized aggregate transaction and quoting data. |
Price Management | Price Setting | Provides range of pricing strategies to create complex price lists with lightning speed. |
Price Flexibility | Increases your ability to respond to market changes using dynamic pricing capabilities. | |
Price List Impact Simulation | Visual impact assessment tool that allows Pricing Managers to use updated list prices to simulate the potential impact of the new prices on their business. | |
Price Waterfall Optimization | Provides a fast implementation of a standard waterfall simulation. | |
Agreements Accelerator | Provides a solution for faster implementation of formula-based long-term customer agreements. | |
Rebate Management | Effectively manages your rebate agreements and recognizes margin leakage using pre-defined rebate types. |
Quoting | Negotiation Guidance | Provides fast implementation of segmentation and computation of price elasticities by segments. |
Sales Compensation | Provides a standard process that ensures that sales compensation agreements are aligned with company goals. | |
Product Recommendation | Provides recommendations on products to add to your quotes based on how often they were bought by the customer or based on other related products/customers. | |
Optimization | Negotiation Guidance | Provides price recommendations based on product and customer data in order to quote better. |
Price Waterfall Optimization | Provides recommendations over the whole waterfall, from list prices to discounts and rebates. | |
Multifactor Elasticity | Provides forecast of sales by product and derives price elasticity. | |
Clustering | Groups customers |
based on similar purchase patterns. Can also regroup categories based on a metric. | ||
Product Similarity | Measures how similar products are and regroups the products in groups. | |
Platform | Approval Workflow | Provides methods for control and tracking of automated approvals for key processes (quotes, rebates, price lists, etc.). |
What Are Some Typical Business Scenarios for Accelerators?
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