In this section, we are reviewing ways to use GenAI prompting to get the best out of the Pricefx chatbot. While many of these are optimized for AI, please note that the principles discussed apply even to the AI developed by the Pricefx team. (we will call it Pricefx GenAI as a working title).
There's very little chance that the first time you put your AI prompt in, it'll generate exactly what you're looking for. You need to write, test, refine, test, and so on until you consistently get an a r response outcome that meets your requirements. I recommend testing your prompt in the OpenAI playground (for general AI) or for Pricefx specific prompts use the Pricefx GenAI.
Improving Prompts
Add Context
Just like humans, AI does better with context. Think about exactly what you want the AI to generate, and provide a prompt that's tailored specifically to that.
Here are a few examples of ways you can improve a prompt by adding more context:
Basic prompt: "create a quote."
Better prompt: "how to create a quote for a product in Quotes in Pricefx"
Give Examples
Providing examples in the prompt can help the AI understand the type of response you're looking for (and gives it even more context).
For example, if you want the AI to reply to a user's question in a chat-based format, you might include a previous example conversation between the user and the agent. You'll want to end your prompt with "trainer" to indicate where you want the AI to start typing. You can do so by using something like this:
You are a Pricefx trainer for business users/ configuration engineers answering users' questions. Reply as trainer.
Example prompt and response in Pricefx GenAI
 PROMPT: Create a price list
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Sure, I'd be happy to help! To create a new price list, you can follow these steps:
Navigate to the "Price Settings" menu and select "Price Lists" from the dropdown menu.
Click on the "Create New Price List" button.
In the "Create New Price List" form, enter a name for your price list and select the appropriate header type.
Choose the products you want to include in your price list by either selecting them from the list of available products or by using the "Add All" button to include all products.
Optionally, you can also select a target date for the price list and set any calculation parameters.
Click "Save" to create the new price list.
If you have any further questions or need more information, please let me know!!
More info:
Create a New Price List
Edit an Existing Price List
Business Overview (Price Setting)
Example prompt and response in Pricefx GenAI
💪 PROMPT: You are a Pricefx trainer for business users/ configuration engineers answering users' questions. Reply as a trainer: I want to create price list and I want to know all the steps involved. |
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Sure, I'd be happy to help! Creating a price list in Pricefx is a straightforward process, and I'll guide you through all the steps involved.
To create a price list, follow these steps:
Navigate to Price Setting > Price Lists.
Click the + icon to create a new price list.
enter a Name and Description for your price list. The name should be brief and descriptive, while the description can provide more detailed information about the purpose of the price list.
Select the Products you want to include in the price list. You can choose products from your organization's Product Master file within Pricefx.
Assign the price list to a Customer or a Sales Team. You can also leave the price list unassigned if it's for internal use.
Define the Valid From and Valid To dates for the price list. These dates will determine when the prices in the list are effective.
Optional: You can also configure Price List Hierarchy, Pricing Unit, and Price List Categories.
Click the Save button to create the price list.
That's it! You've successfully created a price list in Pricefx. Remember that you can also edit an existing price list by clicking the pencil icon next to the list name.
If you have any further questions or need more guidance, feel free to ask. Good luck with your Pricefx implementation!!
More info:
Pricefx Platform
Create a New Price List
How To
4.2 Video Tutorials
Edit an Existing Price List
CONVERSATION CONTINUING PROMPT: how do I recalculate a price list? |
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Sure, I'd be happy to help! To recalculate a price list in Pricefx, follow these steps:
Navigate to Price Setting > Price Lists.
Click the pencil icon next to the price list you want to recalculate.
Click the Recalculate button at the top right corner of the page.
Confirm that you want to recalculate the price list by clicking the Recalculate button in the pop-up prompt.
The recalculation process may take a few moments, depending on the complexity of your price list. Once the recalculation is complete, you'll see the updated prices in the price list.
Note that recalculating a price list will only update the prices for products that have been added or removed since the last recalculation. If you want to update the prices for all products in the price list, you'll need to delete the existing price list and create a new one with the updated prices.
I hope that helps! Let me know if you have any other questions..
More info:
Price Lists Overview
How to "restart" aborted calculation of PL
Processes of Price Grid Header Recalculation
Price Setting Tips
Edit an Existing Price List
Provide a Role
Pricefx GenAI can respond from a designated point of view (for selected task where such roles are applicable). Simply tell Pricefx GenAI the reference material or instructions you want it to consider every time it generates a response, and you're set.
Example prompt and response in Pricefx GenAI
PROMPT: explain to a business user the concept of a portlet in Pricefx |
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Sure, I'd be happy to help!
In Pricefx, a portlet is a self-contained piece of functionality that provides a specific business capability or feature. It's like a mini-application within the Pricefx platform that can be used to perform a specific task or set of tasks.
Think of a portlet like a modular Lego block - it's a separate piece that can be combined with other blocks to build a more complex structure. In the case of Pricefx, the portlets are the building blocks that can be used to create a customized pricing solution for your business.
Some examples of portlets that are available in Pricefx include:
Product Catalog: provides a list of all the products that can be priced within the platform
Product Editor: allows you to create, edit, and manage product information and pricing rules
Price List Manager: enables you to create, manage, and maintain price lists for your products
Price Calculator: allows you to calculate prices based on specific pricing rules and constraints
Reporting and Analytics: provides real-time reporting and analytics capabilities to help you understand your pricing performance and identify opportunities for improvement
By using portlets, you can create a customized pricing solution that meets the specific needs of your business, without having to build everything from scratch. This can help you get up and running faster, and reduce the cost and complexity of your pricing operations.
I hope that helps! Do you have any other questions about portlets in Pricefx??
More info:
What is the relationship between Bain and Pricefx?
Integration Templates (Reference)
Pricefx Platform
Use Expressions
Sometimes it is just about finding the exact phrase that AI will respond to. Here are a few phrases that folks have found work well with AI to achieve certain outcomes and may work equally well with Pricefx GenAI.
"Let's think step by step" → This makes the AI think logically and can be specifically helpful with math problems.
Example prompt and response in Pricefx GenAI
PROMPT: think step by step to create a price list |
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Sure, I'd be happy to help you create a price list! To create a price list, you will need to follow these steps:
1.Go to the "Price Setting" module and click on "Price Lists" in the left-hand menu.
2.Click on the "Add" button to create a new price list.
3.Select the products you want to include in the price list by using the filter and checking the boxes next to the products you want to include.
4.Associate the pricing logic you created with the price list by selecting it from the "Pricing Logic" dropdown menu.
5.Fill in the "Price List Name" and select the "Target Date" for which you want to look up valid parameters.
6.Click "Save" to create the price list.
If you have any further questions or need more information, please let me know!!
More info:
How to Create a Price List Simulation
How to Create a Price List Simulation (Unity)
Product Info (Price Setting)
Price List Header Logics
How to Configure Agreements & Promotions
"As a [insert profession/role]" → This helps frame the bot's knowledge, so it knows what it knows—and what it doesn't.
Example prompt and response in Pricefx GenAI
PROMPT: you are a business user . How do you create a quote and export it to a client in Pricefx? |
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Sure, I'd be happy to help! To create a quote and export it to a client in Pricefx, you can follow these steps:
Navigate to the Quoting Menu and select "Quotes" from the drop-down menu.
Click on the "Create Quote" button to create a new quote.
Enter the quote details, such as the customer name, date, and other relevant information.
Add quote line items by clicking on the "Add Quote Line Item" button and selecting the appropriate product.
Calculate the quote total by clicking on the "Calculate Quote Total" button.
Once the quote is complete, click on the "Export Quote" button to export it to your client.
Select the export format as XLSX or PDF, depending on your preference.
Choose the connection to your client's system, such as Salesforce or an ERP system.
Click on "Export" to export the quote to your client.
Note: Make sure that you have the necessary permissions and access rights to create and export quotes in Pricefx.
I hope this helps! If you have any further questions or need more information, please let me know..
More info:
Create and Edit Quote Type Templates
Create a New Quote
Price Record - Handbook
Export Pricefx Quotes to Salesforce Sales Cloud
Build New Excel Template
"Explain this topic for [insert specific audience]" → Defining your audience and their level of understanding of a certain topic will help the bot respond in a way that's suitable for the target audience.
Example prompt and response in Pricefx GenAI
PROMPT: explain to a business user what is a portlet in Pricefx |
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Sure, I'd be happy to help!
In Pricefx, a portlet is a self-contained piece of functionality that provides a specific business capability or feature. It's like a mini-application within the Pricefx platform that can be used to perform a specific task or set of tasks.
Think of a portlet like a modular Lego block - it's a separate piece that can be combined with other blocks to build a more complex structure. In the case of Pricefx, the portlets are the building blocks that can be used to create a customized pricing solution for your business.
Some examples of portlets that are available in Pricefx include:
Product Catalog: provides a list of all the products that can be priced within the platform
Product Editor: allows you to create, edit, and manage product information and pricing rules
Price List Manager: enables you to create, manage, and maintain price lists for your products
Price Calculator: allows you to calculate prices based on specific pricing rules and constraints
Reporting and Analytics: provides real-time reporting and analytics capabilities to help you understand your pricing performance and identify opportunities for improvement
By using portlets, you can create a customized pricing solution that meets the specific needs of your business, without having to build everything from scratch. This can help you get up and running faster, and reduce the cost and complexity of your pricing operations.
I hope that helps! Do you have any other questions about portlets in Pricefx??
More info:
What is the relationship between Bain and Pricefx?
Integration Templates (Reference)
Pricefx Platform
Use Best Practices
Below is a sample of how better prompting can yield better responses from our AI. The lesson here is simple: Better context and tasking ➡️ better prompting 🟰 better results. See the improvement in the answers provided based on improved prompts below.
Example prompt and response in Pricefx GenAI
 PROMPT: make a quote
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Sure, I'd be happy to help! To create a new quote, you can select the "New Quote" option from the Quoting menu. This will give you a list of all the available quote types or templates that your organization has configured. Select the most appropriate template for your needs and click on it to proceed.
Once you've selected a quote type, you can start entering the details of the quote. You can edit the quote name, add products or services, set prices and discounts, and add any other relevant information.
If you need more information or would like to learn more about the quoting process, you can access the Quoting Configuration section of the platform to view the available quoting templates and configure your quoting settings. There is also a how-to guide and video tutorial available to help you through the process.
Please let me know if there's anything else you need help with!!
More info:
Quotes
Quoting Configuration
Create a New Quote
Quote List
Example prompt and response in Pricefx GenAI
PROMPT: how to create a quote in Pricefx. show a step by step process |
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Sure, I'd be happy to help! Here's a step-by-step guide on how to create a quote in Pricefx:
Step 1: Navigate to the Quoting Menu
From the main menu, click on the "Quoting" option. This will take you to the Quoting menu, where you can view all the available quote types and create a new quote.
Step 2: Select the Quote Type
Choose the quote type that best suits your needs. If you don't have any pre-configured quote types, you can create a new one by clicking on the "New Quote Type" button.
Step 3: Enter Customer Information
Enter the customer information, including name, address, and contact details. This information will be used to generate the quote and provide a basis for the pricing calculation.
Step 4: Select Products/Services
Choose the products or services you want to include in the quote. You can either select from a list of pre-configured products or create a new product on the fly.
Step 5: Configure Pricing Logic
Configure the pricing logic for the quote. You can choose from a variety of pricing algorithms, including cost-plus, margin-based, or volume-based pricing. You can also specify any conditional pricing rules or discounts.
Step 6: Review and Submit the Quote
Review the quote details and ensure everything is accurate and complete. Once you're satisfied, click the "Submit" button to send the quote to the appropriate approver for review.
That's it! These are the basic steps for creating a quote in Pricefx. If you need more detailed instructions or have any questions, you can refer to the Pricefx documentation or contact their support team..
More info:
Create and Edit Quote Type Templates
5.1 Overview
Quoting
Create a New Quote
Example prompt and response in Pricefx GenAI
💪 PROMPT: you are a business user. How do you create a quote and export it to a client in Pricefx? Generate a step by step guide |
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Sure, I'd be happy to help! Here's a step-by-step guide on how to create a quote and export it to a client in Pricefx:
Step 1: Navigate to the Quoting Menu
First, navigate to the quoting menu by clicking on the "Quoting" tab on the top navigation bar.
Step 2: Select the Customer
Select the customer for whom you want to create the quote. You can search for the customer by name or username, or you can select them from a list of recent customers.
Step 3: Click on "Create Quote"
Click on the "Create Quote" button to start creating the quote.
Step 4: Enter Quote Details
Enter the quote details, such as the quote date, quote number, and other relevant information.
Step 5: Add Quote Line Items
Add quote line items by clicking on the "Add Quote Line Item" button. Select the product and enter the quantity, price, and other relevant information. You can also add custom fields and notes as needed.
Step 6: Calculate Quote Total
Click on the "Calculate Quote Total" button to calculate the total amount of the quote.
Step 7: Export Quote
Click on the "Export Quote" button to export the quote to your client. Select the export format as XLSX or PDF, depending on your preference.
Step 8: Choose Connection
Choose the connection to your client's system, such as Salesforce or an ERP system.
Step 9: Export Quote
Click on the "Export" button to export the quote to your client's system.
And that's it! Your quote has now been created and exported to your client in Pricefx.
Note: Make sure that you have the necessary permissions and access rights to create and export quotes in Pricefx. Also, make sure that the customer's information is accurate and up-to-date before creating the quote.
More info:
Create and Edit Quote Type Templates
Create a New Quote
Build New Excel Template
Export Pricefx Quotes to Salesforce Sales Cloud
Prompts for Business Users (selection applicable to Pricefx)
Think of Pricefx GenAI as of your Pricefx librarian. You can ask it to fetch content on roughly all Pricefx documentation as long as it is available to the public (some spaces are limited to internal users and partners).
Here we are suggesting a few ways to prompt Pricefx GenAI to feed you the best results. You can anytime try your own and if it works better than our suggestions, feel free to share that in your feedback either by giving feedback on this article or by going through our help center.
Prompts for Business Users
Help me find relevant information about [insert topic]
I'm looking for information about [insert topic] in the context of [insert topic]: e.g. I am looking for information about charts in the context of price waterfall
Can you recommend content/articles/documentation on [insert topic]
What is the easiest/fastest way to [insert query]
What is the best approach to [insert query]
Where can I find information on [topic]
Prompts for Developers (selection applicable to Pricefx)
As a developer looking to use Pricefx GenAI, here are some prompts you may want to try out. ⬇️
Note that there are still significant limitations to Pricefx GenAI and you may not get always the most accurate response. Take these as mere guides and follow the suggested reading for more information and always double check the results and responses.
Also keep in mind that some of the queries might be subject to confidentiality and roles (e.g. Project Managers), meaning that only logged in users with specific credentials might be able to access the information. As such, it will likely not be available in the replies you get from Pricefx GenAI.
Prompts for Developers
Develop a flowchart for a software testing process on a large-scale project.
Give me [number] ideas for incorporating the SOLID principles in my object-oriented design.
Describe [number] potential use cases for implementing machine learning algorithms in a data analysis application.
I want you to act as a brainstorming assistant and suggest [number] ideas for a coding challenge that will test the problem-solving skills of junior developers.
Can you give me [number] unique ideas for a user interfGenAI component that will enhance the user experience of a mobile app?
Develop a RESTful API for a [what you need] using [what you want].
Convert the following Python code to Java: [code snippet].
Generate sample data for testing [add what you want to test here]. The data should include [insert parameters].
Prompts for Data Science (selection applicable to Pricefx)
As a data scientist looking to use Pricefx GenAI, here are some prompts you may want to try out. ⬇️
Pricefx GenAI is still in development so some of these prompts may still render inaccurate or incomplete responses. However, the more feedback we can collect, the more we will improve it. Reach out to us if you find discrepancies. You can use the Give feedback function at the end of the article.
Prompts for Data Science
I want you to act as a data scientist and perform feature engineering for a customer churn prediction model. The dataset contains customer [metrics]. Please write [insert coding language] code to generate new features that could improve the model’s performance.
I have a dataset of customer transactions. Please write code to calculate various customer lifetime value (CLV) metrics, such as [metrics].
I want you to act as a programmer in [programming language]. Please simplify this code: [insert code].
