Pricefx Data Readiness Practice
Before we can understand the processes performed by an IE, we first need to understand the use of the Data Readiness methodology and practice within Pricefx.
Data is such an essential component to the successful implementation of a pricing solution that Pricefx has established a Data Readiness Process to help our customers prepare for the start of their pricing project. The Pricefx Data Readiness Process encompasses the identification of essential data, the assurance of quality data, and the timely availability of both. By following this process, projects experience fewer delays and realize a faster time-to-value.
If you partner with Pricefx for your pricing solution, you will work from the onset with a dedicated Pricefx Data Readiness Manager (DRM) to prepare your data for the launch of your project. The DRM will guide you through key activities to help you identify the required data, ensure the quality of the data, and make the data available for the project team. When the data is “ready”, the configuration of your pricing solution will begin.