Case for Using Accelerators

Here are the key reasons why you should use Pricefx Accelerators:

• Faster Time-to-Value: Accelerators provide a pre-built foundation of functionality, allowing for quicker implementation and deployment of pricing and sales capabilities compared to a fully custom development.

• Lower Total Cost of Ownership: By leveraging the pre-built accelerator templates, customers can reduce the overall costs associated with implementing and maintaining their pricing and sales systems.

• Mature, Pre-Tested Functionality: The accelerators are built on Pricefx's extensive experience and best practices, providing customers with a reliable and well-tested starting point for their specific needs.

• Flexibility and Customization: While the accelerators provide a baseline, they can be adapted and customized to meet the unique requirements of each customer across different industries.

• Simplified Implementation: Accelerators simplify the process of introducing new capabilities into an existing Pricefx partition or deploying a new Pricefx implementation.

• Industry Applicability: Many of the accelerators are designed to address common pricing challenges faced by manufacturers, distributors, and retailers, making them generally applicable across these industries.

In summary, the key benefits of using Pricefx Accelerators are the ability to achieve faster time-to-value, lower total cost of ownership, access to mature and pre-tested functionality, flexibility for customization, simplified implementation, and industry-wide applicability.

Faster Time-to-Value

Pricefx's accelerators are designed to provide customers with a pre-built foundation of functionality for their pricing and sales capabilities. This pre-configured baseline helps to enable a quicker implementation and deployment process, especially when compared to a fully custom development approach.

By leveraging the accelerators, customers can avoid the need to build everything from the ground up. The accelerators offer a solid starting point that incorporates Pricefx's extensive experience and best practices. This allows customers to bypass the time and effort required to design, develop, and test a completely bespoke solution.

Instead, the accelerators enable a more streamlined implementation, as the core functionality is already in place. Customers can then focus on tailoring and configuring the accelerators to meet their specific needs, rather than having to create everything from scratch.

This accelerated implementation timeline can provide significant benefits in terms of faster time-to-value and quicker realization of the pricing and sales capabilities. Compared to a fully custom development approach, the accelerators help to shorten the overall project duration and get customers up and running more quickly.

Here are the key takeaways from this attribute:

• Accelerators refer to the industry-agnostic templates provided by Pricefx that offer foundational functionality for various pricing and sales capabilities.

• Pre-built foundation of functionality means the accelerators come with a set of pre-configured features and capabilities, rather than having to build everything from scratch.

• Quicker implementation and deployment means that by using the pre-built accelerators, customers can get their pricing and sales systems up and running faster, compared to having to fully customize and develop all the capabilities themselves.

• Fully custom development refers to building all the pricing and sales capabilities from the ground up, without the benefit of the pre-built accelerator templates.

The key point is that the accelerators allow Pricefx customers to achieve faster time-to-value for their pricing and sales systems by providing a pre-configured starting point, rather than having to do a completely custom implementation which would take more time.

Lower Total Cost of Ownership

One of the key benefits of Pricefx's accelerator templates is the potential to reduce the overall costs associated with implementing and maintaining pricing and sales systems.

By leveraging the pre-built functionality and capabilities provided by the accelerators, customers can avoid the need to develop everything from scratch. This helps to lower the initial implementation costs, as the accelerators serve as a solid foundation that can be customized and configured to meet specific requirements.

Beyond the implementation phase, the accelerators also contribute to lower ongoing maintenance costs. The pre-built, well-tested nature of the accelerators means there is less need for extensive support and troubleshooting over time. Additionally, the accelerators are designed to simplify the process of introducing new capabilities or updating existing ones, further reducing the long-term costs of operating the pricing and sales systems.

Here are the key takeaways from this attribute:

• Total Cost of Ownership (TCO) refers to the full cost of acquiring, deploying, and operating a software system over its lifetime. This includes not just the initial implementation costs, but also ongoing maintenance, support, and upgrade expenses.

• Leveraging the pre-built accelerator templates means that customers are using the industry-agnostic templates provided by Pricefx, rather than having to build everything from scratch.

• By using the pre-built accelerator templates, customers can reduce the overall costs associated with implementing and maintaining their pricing and sales systems. This is because the accelerators provide a foundation that is already developed, tested, and configured, reducing the amount of custom work required.

The key point is that the use of Pricefx's accelerator templates can help lower the total cost of ownership for customers, as it reduces the effort and resources needed for both the initial implementation and the ongoing maintenance of the pricing and sales systems.

Mature, Pre-Tested Functionality

Pricefx has developed its accelerators based on the company's extensive experience and deep understanding of pricing and sales best practices across multiple industries. This wealth of knowledge and expertise is embedded into the accelerators, providing Pricefx customers with a reliable and well-tested starting point for addressing their specific business needs.

By leveraging Pricefx's accumulated insights and proven approaches, the accelerators offer a solid foundation that has been thoroughly vetted and refined over time. Customers can have confidence in the functionality and capabilities provided by the accelerators, knowing that they are built on a strong, reliable base.

At the same time, the accelerators are designed to be flexible and adaptable. While they provide a baseline set of features, the accelerators can be customized and configured to align with the unique requirements of each individual customer. This allows businesses to benefit from the maturity and reliability of the accelerators while still addressing their own distinct pricing and sales challenges.

Here are the key takeaways from this attribute:

• Mature functionality refers to features and capabilities that have been developed, refined, and extensively used over time, rather than being newly introduced.

• Pre-tested functionality means that the accelerators have gone through thorough testing and validation to ensure they work as expected.

• Pricefx's extensive experience refers to the company's deep knowledge and understanding of pricing and sales processes, gained from working with many customers across different industries.

• Best practices refer to the proven and recommended approaches that Pricefx has identified through its experience in the industry.

• Reliable and well-tested starting point means that the accelerators provide customers with a solid foundation that has been thoroughly vetted, rather than requiring them to start from scratch.

The key point is that the Pricefx accelerators are built on the company's accumulated expertise and testing, giving customers a dependable starting point that they can then further customize to meet their specific needs.

Flexibility and Customization

Pricefx's accelerators are designed to provide a baseline set of functionality and features. However, these accelerators are also highly flexible and can be adapted and customized to meet the unique requirements of each individual customer, regardless of the industry they operate in.

The accelerators offer a solid starting point, but they are not a one-size-fits-all solution. Pricefx recognizes that every business has its own distinct needs, processes, and challenges when it comes to pricing and sales.

By allowing the accelerators to be tailored and configured, Pricefx enables its customers to leverage the benefits of pre-built functionality while still addressing their specific requirements. This level of flexibility is crucial, as Pricefx serves clients across a wide range of industries, from manufacturing and distribution to retail and beyond.

Here are the key takeaways from this attribute:

• Baseline refers to the foundational functionality and features that are provided by the Pricefx accelerators out-of-the-box.

• Adapted and customized means that the accelerators can be modified and configured to fit the specific needs and requirements of each individual customer.

• Unique requirements refer to the distinct and specific needs that a customer may have, which may differ from other customers, even within the same industry.

• Different industries refers to the various sectors in which Pricefx's customers operate, such as manufacturing, distribution, retail, etc. Each industry may have its own unique pricing and sales requirements.

The key point is that while the Pricefx accelerators provide a standard starting point, they are designed to be flexible and customizable so that they can be tailored to meet the unique needs and requirements of each individual customer, regardless of the industry they operate in.

Simplified Implementation

Pricefx's accelerators are designed to simplify the process of introducing new capabilities into an existing Pricefx partition or deploying a new Pricefx implementation from the ground up.

By providing a pre-built foundation of functionality, the accelerators help to reduce the complexity and effort required for customers to either expand their existing Pricefx systems with new features and modules, or to set up a brand new Pricefx implementation.

The accelerators act as a starting point, offering a baseline set of capabilities that can then be adapted and customized to meet the unique requirements of each individual customer. This helps to streamline both the expansion of existing Pricefx deployments as well as the initial deployment of the Pricefx platform.

Here are the key takeaways from this attribute:

• Pricefx partition refers to a distinct instance or environment within the Pricefx platform, which can be used to separate different business units, regions, or other organizational structures.

• Introducing new capabilities means adding new features, functionalities, or modules to an existing Pricefx implementation.

• Deploying a new Pricefx implementation refers to the process of setting up and configuring the Pricefx platform for a customer from the beginning.

The key point is that the Pricefx accelerators simplify both of these processes - adding new capabilities to an existing Pricefx partition, as well as deploying a brand new Pricefx implementation. By providing a pre-built foundation, the accelerators reduce the complexity and effort required to either expand an existing Pricefx system or set up a new one.

Industry Applicability

Many of the accelerators are designed to address common pricing challenges faced by manufacturers, distributors, and retailers, making them generally applicable across these industries."

Here are the key takeaways from this attribute:

• Industry Applicability refers to the relevance and usefulness of the accelerators across different business sectors or industries.

• Accelerators are the pre-built templates and functionalities provided by Pricefx to jumpstart the implementation of pricing and sales capabilities.

• Manufacturers, distributors, and retailers are examples of common industries that Pricefx serves. These businesses often face similar pricing challenges that the accelerators are designed to address.

• Common pricing challenges refer to the typical issues and requirements that organizations in these industries encounter when setting, managing, and optimizing their pricing strategies and processes.

The key point is that many of Pricefx's accelerators are built to be generally applicable and useful across multiple industries, particularly for manufacturers, distributors, and retailers. This is because these accelerators are designed to address the common pricing challenges that are often shared by businesses operating in these sectors.