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Description
Determine the ideal pricing for your offerings with PGP, the price management software designed to help you establish the right price for each item, thereby boosting both sales and overall business profitability. Begin by identifying products that are priced too low and could benefit from a price increase without risking a drop in sales. Additionally, assess high-priced items to discover which products or services may be causing customers to hesitate in their purchases. With PGP, you can also forecast the financial outcomes that could be achieved by refining your pricing strategies. Setting up the PGP software is straightforward; simply input your product details along with competitor pricing, and the system will generate an artificial intelligence model that takes into account customer perception of value and price sensitivity. This comprehensive approach not only suggests the optimal price for each product but also provides a financial projection of the anticipated results, enabling you to make informed decisions for your business growth. By leveraging PGP, you can effectively navigate the complexities of pricing, ensuring that you optimize your offerings for maximum impact in the market.
Description
SAP Variant Configuration and Pricing integrates two cloud-native offerings within the SAP Business Technology Platform to manage intricate product modeling and real-time pricing without altering the core of your ERP system. The Variant Configuration component allows users to establish characteristics, dependencies, and constraint rules for products in SAP ERP or S/4HANA, transferring that knowledge to the cloud to provide an interactive configuration experience that is aware of rules, complete with pre- and post-processing extension hooks. Meanwhile, the Pricing component takes in replicated sales pricing information, implements SAP's condition-technical rules alongside external condition sources and custom pricing formulas, calculating prices for both configurable and non-configurable items based on documents or without state, supporting various calculation methods such as percentage, fixed amounts, and quantity-based approaches while retaining the results of runtime pricing. Additionally, both components feature extension interfaces that facilitate variant functions and pricing routines, ensuring a smooth integration process from start to finish, allowing businesses to adapt and scale their pricing strategies effectively. This innovative approach enhances flexibility and responsiveness to market demands, ultimately driving better business outcomes.
API Access
Has API
API Access
Has API
Integrations
SAP Business Technology Platform
SAP CPQ
SAP Commerce Cloud
SAP ERP
SAP S/4HANA
Integrations
SAP Business Technology Platform
SAP CPQ
SAP Commerce Cloud
SAP ERP
SAP S/4HANA
Pricing Details
$49 per month
Free Trial
Free Version
Pricing Details
$37,020 per year
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
PREXUS pricing consulting
Founded
2007
Country
Colombia
Website
by.prexus.co
Vendor Details
Company Name
SAP
Founded
1972
Country
Germany
Website
www.sap.com/products/crm/variant-configuration-and-pricing.html
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