Core Capabilities

Owned by Mike Deskis
Last updated: Jun 12, 2024
2 min read

This article provides an overview of the core capabilities of the Pricefx solution, a pricing and profit management software. It highlights the key components, business and technical capabilities, and the company's development approach and customer engagement strategies.

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Key Components of Core Capabilities

The key components of the Pricefx core capabilities are; Pricefx frontend and backend application, User interface and user experience (UX), core data structures and Groovy scripting language support for technical development.

  • Defines the core Pricefx frontend and backend application, UI and UX, data structures, and Groovy scripting language support for technical development used to build a business and technical logic. All capabilities have been built natively by Pricefx and work seamlessly together.

  • Our core product provides the canvas for world-class pricing. To maintain high flexibility and fast time-to- value, implementation teams work with our Customers to develop and implement Customer-specific configurations on top of our Core Capabilities.

  • Our Product has 2 major releases per year at the end of January and the end of June with monthly minor releases. We do require an ”N-1” policy, meaning Customers can be on the latest or previous release. We do this to ensure our commitment to innovation, quality, and security.

  • We use Agile development methodology and follow standard processes with quality checks conforming to our ISO and SOC certifications.

  • Customers influence our roadmap through multiple channels: executive top-to-tops, executive roundtables, quarterly business reviews, our Accelerate user conferences, and ongoing Platform User Group research

Key Insights of Core Capabilities

  • Categorizes the solution's capabilities into business and technical domains, making it clear which features support business processes and which are more technical in nature.

  • The business capabilities focus on planning, pricing, and profit management, indicating a comprehensive approach to managing the financial aspects of a business.

  • The technical capabilities suggest a robust infrastructure that supports customization (Groovy API), security (role-based access control), and flexibility (flexible data model).

  • The inclusion of user experience highlights the importance of usability in the solution.

  • The presence of optimization tools suggests a focus on efficiency and effectiveness in business operations.

Business and Technical Capabilities

The Pricefx Core components are separated into two distinct components that are focused on business capabilities and technical capabilities. For more information on these, use the links below: