Stakeholders

Pricing Managers and Sales Representatives who want to have basic master data in their system, like product master, customer master, transaction data, currency data and Product Unit of Measure data. Admins looking to set up roles and entitlements, SSO and Plasma set up.

During the Prescriptive Delivery Workshop (pre-SOW), Solution Sales will discuss more in detail with the Customer the requirements, and this page will serve as a starting point towards a fully Customer specific requirement list, together with the appropriate agreed delivery approach.

Business Context (Use Case Description)

Implementing this use case includes a comprehensive integration plan to migrate essential data into Pricefx’s flexible data model, optimizing data configurations to enhance system performance.

Robust user access controls are established to protect sensitive information, while users gain access to 25 pricing performance benchmarks presented in easy-to-understand visuals that help answer important analytical questions via Plasma.

Additionally, Pricefx Plasma allows for reliable comparison metrics, enabling users to measure their performance against industry standards.

However, you must first address challenges such as identifying and importing necessary master data—like product, customer, product cost, units of measure, transaction line items, and currency—and determining the inbound data values needed for analytical dashboards.

Finally, security considerations are also crucial, requiring the identification of user permissions, defining user roles, and enabling Single Sign-On (SSO) for smooth access.

Limitations and Risks

Open

 

Dependence on accurate data

The effectiveness of analytical dashboards and performance benchmarks relies heavily on the accuracy and completeness of the imported master data. Inaccurate data could lead to misleading insights and poor decision-making.

Ongoing maintenance

Continuous updates and maintenance of the system and data may be required to ensure optimal performance

Performance metrics reliability

The reliability of comparison metrics may be affected if industry standards change or if the benchmarks provided do not align with the specific context of the business or if there are not enough participants in the metric aggregation.

Terms and Definitions