Business Overview (Sales Insights)
Premise
You are involved with the review of analytics associated with pricing applications as part of a team from either Pricing, Financial, Sales, or IT support within your organization.Â
Desired Outcome
You need to find the next opportunity for your profit growth with the set of dashboards analyzing the product and customer profitability and related margin leakages. Additionally, you can identify margin outliers with ease and be navigated into revenue and margin breakdown/causalities.
Context and Background
After loading the product, customer, and transactional history into Pricefx and creating a Datamart, you are ready to begin to analyze these transactions for insights into your operations. There should be a standard set of dashboards that focus on providing insights into revenue and margins.
Problem
You need to recognize trends so that you can adjust your strategies to adjust to opportunities and challenges in the market. You need to deploy proven analytics that provide data accuracy and data quality to allow enterprises to make accurate business decisions.
Solution Capabilities
Once this accelerator has been implemented and linked to your Datamart, then analytical dashboards will be available and each comes with its own specific functional capabilities:
Analyze the relationship between revenue and margin % from a multitude of perspectives
Identify best and worst-performing outliers for products and customers
Provide waterfall analytics
Discover reasons for revenue or margin differences between two selected periods
Visualization of KPIs using geographic locations
Perform waterfall comparisons over time for customers or products