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Companies are always looking to make the most effective use of their resources to get the best results in pricing. Usually, the search for the right tool to optimize the pricing process can take longer than expected. This Learning Path will guide the Optimization Managers through different models with technology that enables them to make accurate and effective data-driven decisions to scale and achieve superior business outcomes.

Business Pains & Challenges

Unstructured data - is your data clean and structured enough to be segmented?
High Pricing Complexity - can you identify and measure the complexity of your pricing calculations? can you drive your pricing goals at any scale?
Lack of Flexibility - Is it easy to make last-minute adjustments to your pricing calculations? How long does it take to make changes and corrections?

Pricefx Solution - Optimization

Pricefx offers functionality that provides a way to work with your data and improve your pricing, incentives, discounts, and rebates, among other parameters. The Optimization capability uses a powered AI engine for complex mathematical analysis to determine the customer’s willingness to pay the right price. It drives the organizations to reach their goals providing different recommendations, helping them to maximize their operating profits.

Overview Optimization - Business User Knowledge Base - Pricefx Knowledge Base

Concepts - Business User Knowledge Base - Pricefx Knowledge Base

Fundamentals - Business User Knowledge Base - Pricefx Knowledge Base