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Average Ratings 0 Ratings

Total
ease
features
design
support

No User Reviews. Be the first to provide a review:

Write a Review

Description

Akur8 harnesses advanced machine learning and predictive analytics to revolutionize the pricing process for insurers, delivering unprecedented speed and precision while ensuring complete transparency, auditability, and control over the developed models. It stands out as the sole technology available that automates the creation of production-ready Generalized Additive Models and Generalized Linear Models. By utilizing its innovative proprietary algorithms, Akur8 significantly enhances business value by revealing potential improvements in the combined ratio that were previously overlooked. This technology empowers actuarial pricing teams to create highly accurate models in record time, enabling quicker and more informed decision-making. Additionally, to maximize value and provide extensive flexibility, Akur8 is equipped with API capabilities, allowing for rapid exploration of data sources, the ability to construct custom features, and seamless integration into existing pricing processes, further enhancing the overall efficiency of insurers. By taking advantage of Akur8, companies can transform their pricing strategies and gain a competitive edge in the insurance market.

Description

Cherrywork®️ Intelligent Price Management offers a comprehensive cloud-based solution designed to address all your pricing challenges, encompassing everything from deal management to price execution, administration, and analytics with enhanced ease and dependability. This unified platform efficiently handles pricing for both the buying and selling sides by leveraging sophisticated machine learning algorithms to suggest optimal product prices. It tracks real-time values and variations across multiple metrics, such as revenue, profit, margin, visitor numbers, and conversion rates. Furthermore, it grants complete visibility into various price books, along with pertinent details like creation dates, the individuals responsible for each price book, and their current statuses. Our clear and transparent pricing methodology significantly minimizes delays in processes that stem from pricing data discrepancies. Additionally, the powerful machine learning models enable you to anticipate the potential effects of pricing adjustments prior to their execution, allowing for more strategic decision-making. This innovative approach ultimately enhances your pricing strategy and operational efficiency.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

SAP Store

Integrations

SAP Store

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Akur8

Founded

2018

Country

France

Website

www.akur8.com

Vendor Details

Company Name

Incture Technologies

Founded

2006

Country

India

Website

www.cherrywork.com/intelligent-price-management

Product Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

Product Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

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