Pricefx Announces Speakers and Dates for Accelerate 2022 in Chicago

September 8th, 2022

Pricefx

Pricefx Announces Speakers and Dates for Accelerate 2022 in Chicago Accelerate 2022: Where the Pricing Elite Meet will provide two days of insights, collaboration, and networking MUNICH & CHICAGO – Sept. 8, 2022 – Pricefx, the global leader in cloud pricing software, today announced it will hold its flagship pricing leadership and customer summit in Chicago on Sept. 26 and 27. This two-day, executive-level pricing event brings Pricefx customers, prospects, partners, educators, and pricing professionals together to better understand, create, collaborate and initiate better pricing for organizations and industries worldwide. Accelerate 2022: Where the Pricing Elite Meet is the industry’s...

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Pricefx Promotes Ronak Sheth to Chief Executive Officer

September 6th, 2022

Pricefx Promotes Ronak Sheth to Chief Executive Officer Pricefx, the global leader in cloud-native pricing software, today announced that Ronak Sheth has been promoted to Chief Executive Officer, effective immediately. Sheth was previously President and Chief Revenue Officer and held that position since May 2021. With more than two decades of experience in executive leadership and board management roles at early-stage and high-growth technology companies, Sheth has been responsible for more than a year of outstanding growth. In the first half of 2022, Pricefx closed more than 25 deals and recorded 66% annual recurring revenue (ARR) growth versus the same...

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Pricefx Wins MarTech Award for Best Price Optimization Software

August 17th, 2022

Pricefx

Why MarTech Named Pricefx “Best Price Optimization Software” Pircefx has been selected as the winner of the “Best Price Optimization Solution” award in the fifth annual MarTech Breakthrough Awards program conducted by MarTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies, and products in the global marketing, sales, and advertising technology industry today. So, what makes us the “Best”? In this article, we explain what sets our solution apart and ways you benefit so that you can find out for yourself if we are the best solution for your needs. What is Price Optimization Software? Price...

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Aeromexico Selects Pricefx to Enhance Sales Analytics Capabilities

August 11th, 2022 (Updated 08/16/2022)

Pricefx

Aeromexico Selects Pricefx to Enhance Sales Analytics Capabilities and Drive Additional Value from their Travel Agency Channel Mexico’s flagship airline will initially use Pricefx for its agency business with plans to expand to other areas to improve commercial performance using their advanced pricing software MUNICH & CHICAGO – Aug. 11, 2022 – Pricefx, the global leader in cloud-native pricing software, today announced that Aeromexico, Mexico’s global airline and a leader in Latin American aviation, has selected Pricefx to help enhance its travel agency business analytics. Leveraging Pricefx’s award-winning AI technology, Aeromexico will implement Pricefx to evaluate agency performance and improve...

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What Supply Chain Challenges Mean for the Food and Beverage Industry

June 9th, 2022

Pricefx

Supply Chain Challenges and What They Mean for the Food and Beverage Industry Rising food prices and shortages are affecting everyone in the chain, from farmers and ingredient manufacturers to consumers, but who eats the cost? In this article, we analyze the extreme ebb and flow of food price fluctuations of 2022, and provide strategies to brace for many more changes to come for the remainder of the year. “The term we keep coming back to is the ‘ripple effect,’ with changes occurring now having a downstream impact on goods through the supply chain today and later this year,” said John...

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Pricefx – A Gold Winner in Price Management Software

June 2nd, 2022

Pricefx

Pricefx Takes Gold in Four Different Award Categories Demonstrating Outstanding Product Innovation Pricefx, the global leader in cloud-native pricing software, today announced it has won four Gold-level awards for its outstanding product technology and performance. These awards recognize Pricefx’s innovative technology in a variety of sectors and use cases that help customers maximize margins, increase profits, and close deals. Pricefx was honored with the Gold Stevie® Award for Best Financial Management Solution and another Gold Stevie for Best Manufacturing Solution in the 2022 American Business Awards®. This is the first year the company has received a Gold designation for its...

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The Impact of the Russian – Ukrainian War on the Chemical Industry Pricing Strategy

June 1st, 2022 (Updated 06/06/2022)

Garth Hoff
Principal Pricing Solution Engineer at Pricefx

The Impact of the Russian War on Items Necessary for Everyday Living War and conflict can have strange and unexpected consequences on the global economy and in your family pocketbook at home. Europe in particular has significant risks from Russia stopping gas suppliers, insisting on payment in Russian Rubles, and otherwise impacting the local and global economy in a number of negative ways. Pricing professionals need to think outside the box to maintain good customer relationships, respond to increasing cost pressures, and maintain margins during this time of extreme volatility. Let’s look at three examples of unexpected disruption as the...

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The Roles and Functions Needed to Set the Right Price

April 29th, 2022

Gabriel Smith
Chief Evangelist at Pricefx

The Roles and Functions Needed to Set the Right Price Join Gabe Smith and Tim Smith, Founder, CEO, Author, Speaker, Pricing Expert, Wiglaf Pricing as they discuss The Roles and Functions Needed to Get the Right Price Listen to the podcast with the embedded player below or read along with the transcript. You can listen to the podcast on Apple Podcasts, Spotify and wherever else podcasts are hosted. Want to see the conversation and not just listen? Watch on YouTube. Intro (00:00): If you like listening to pricing matters, please remember to follow us by subscribing on iTunes and leaving a rating, or by following us...

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Pricefx – A Stevie® Gold Winner for Manufacturing and Financial Management Solutions (2022)

April 28th, 2022

Pricefx

Pricefx – A Stevie® Gold Winner for Manufacturing and Financial Management Solutions (2022) Pricefx has just been awarded two Gold Stevie® Awards for Manufacturing and Financial Management Solutions. The award was determined by the average scores of judges comprising executives from around the world. Out of the 3700 submissions, we’re proud of the fact that experienced leaders view Pricefx’s solutions as drivers to help organizations meet their strategic goals. This will be the second award from the Stevies acknowledging our contributions to manufacturing, our 3 gold win, and the 6th award for the 3rd year in a row! How Does Pricing Software Help Organizations Like Yours? One of the major challenges that companies...

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The G2 Spring Report for Pricing Software is Out

April 7th, 2022

Pricefx

If you’re looking for the perfect pricing software, whom better to ask than real users? G2 is the leading verified review platform for software, written for users by users. In the latest report, Pricefx has been chosen as a leader in pricing based on a variety of factors that matter to you: average ROI, average go live, ease of use, flexibility and more.

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Pricefx Receives Multiple Awards Highlighting Technology Innovation, Growth Velocity and its Industry-leading Partner Program

March 31st, 2022 (Updated 04/06/2022)

Pricefx

Pricefx Receives Multiple Awards Highlighting Technology Innovation, Growth Velocity and its Industry-leading Partner Program   Pricefx, the global leader in cloud-native pricing software, today announced it has won several awards for its technology and growth potential. These awards recognize Pricefx’s groundbreaking AI technology, outstanding growth, and industry-leading partner program offerings that help customers maximize margins, increase profits and close better deals. Pricefx was named a winner of the 2022 Artificial Intelligence Excellence Awards, which recognizes companies that apply AI to solve real problems. The company launched the first AI-powered market simulation for price optimization. Market simulation is designed to enable...

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What is CPQ? (video)

March 15th, 2022

Milan Haba
Senior Manager | Product Marketing at Pricefx

What is CPQ Software? Transcript: Introduction Probably you’ve already heard terms like CPQ software, price management, software, or price optimization software. And probably you’ve always wondered what is a good choice or fit for your company’s needs? My name is Milan Haba. I’m from Pricefx’s, Product Marketing Department. And in this video, you will learn what CPQ software is. What is it good for? And what are the typical situation where CPQ software is a good choice for you? What is CPQ? CPQ stands for configure price and quote. So let’s start with the C configure. If you receive a...

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Pricefx Wins Bronze STEVIE® Award in 2022 Stevie Awards for Sales & Customer Service

March 3rd, 2022

Pricefx

Pricefx Wins Bronze STEVIE® Award in 2022 Stevie Awards for Sales & Customer Service Pricefx has just been awarded the Bronze Stevie® Award for Sales & Customer Service. The award was determined by the average scores of judges comprising executives from around the world. Out of the 1000s of submissions, we’re proud of the fact that experienced leaders view Pricefx’s solutions as drivers to help organizations and their sales teams better serve their customers.  Last year, Pricefx won 1 Stevie award too, making this the fourth award in three years! How Does Pricing Software Help Organizations Like Yours? One of the major challenges that companies face is reducing risk like inflation and margin compression issues have...

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What is the Pricefx Knowledge Base?

February 10th, 2022

Mike Deskis
Product Education Manager at Pricefx

Introducing the Pricefx Knowledge Base We are excited to announce the new Pricefx knowledge base is now publicly available. This initial release is our first step in the journey to provide a broad and in-depth understanding of the Pricefx solution that will eventually become a valuable source of truth for our employees, customers, partners, and prospects. I would like to take you through our team’s journey towards knowledge management. One of our first steps was to recognize that we support three unique audiences; business users of our application, technical users that build the solution, and administrators that maintain and configure...

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AHM 2022: A Cut Above the Rest and Moving Forward to Our Roots

January 18th, 2022

Tolu Oke
Content Marketer at Pricefx

AHM 2022: A Cut Above the Rest and Moving Forward to Our Roots If you were to head over to our social media pages right now, you would see a lot of shaved heads. No, we’re not taking any vows of silence or solemnity. It’s quite the opposite. Those heads are smiling in celebration because we just closed our biggest quarter to date! With 26 closed deals in Q4 2021, 34 new enterprise companies, and 45% year-over-year annual recurring revenue (ARR) growth, we have a lot to celebrate. Not only that but we expanded our team and added a few...

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How Do I Get My Data Ready for a Successful Pricing Software Implementation? 3 Pillars for Success

January 21st, 2022 (Updated 08/15/2022)

Krishna Sudhakar
Principal, Customer Innovation at Pricefx

How Do I Get My Data Ready for a Successful Pricing Software Implementation? 3 Pillars for Success   If you’re looking to upgrade your pricing by leveraging the tools and benefits of a pricing solution, then you’ll need to get your data ready for implementation. And if you’re thinking that’s going to be as simple as “download all, upload all,” … you may want to think again.  To ensure project success, you need to dedicate time and focus to exploring the intricacies of your data (where it sits, how it’s stored, who owns it, what it does, etc.) and how it...

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Airline Pricing Strategies: The Best Way to Sell to Corporations in 2022

December 16th, 2021 (Updated 08/16/2022)

Steve Sparough
Sales Consultant at Pricefx

Airline Pricing Strategies: The Best Way to Sell to Corporations in 2022  The airline industry is under constant pressure. The level of competition is at an all-time high. The dependence on costly fossil fuels is forcing some airlines to impose fuel surcharges. Many are working at overcapacity thanks to the steady but strong emergence of low-cost carriers. And many airlines are resorting to steep discounts for corporations in order to retain market share.   And, as if things weren’t bad enough, along came COVID. Industry revenues in 2020 were just 40% of the previous year ($328 billion), taking things back to...

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4 Benefits of Price Optimization and Management Software

December 13th, 2021 (Updated 08/15/2022)

Vicki Roberts
Account Executive Americas at Pricefx

4 Benefits of Price Optimization and Management Software Implementing a radically new business idea, such as adopting pricing software for your firm, can be a painful process. If you can’t get everyone to understand why pricing software is important and dedicate time to the project, then you’re already starting on the back foot. Sure, the executive arm of your business will undoubtedly see how it will assist the company in making more and lasting profit but getting wide-support is key. The harrowing challenge is to overcome the intrinsically human resistance to change and have everyone heading in the same direction.  At Pricefx, helping companies implement pricing software is a huge part of what we do. We’ve helped many companies to...

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3 Ways to Integrate Your ERP Systems with Pricing Software

December 6th, 2021 (Updated 08/15/2022)

Jose Paez
Solution Strategist at Pricefx

3 Ways to Integrate Your ERP Systems with Pricing Software  Are you performing repetitive pricing tasks each Monday morning with your Excel pricing spreadsheets before you even get to make your first coffee of the working week because your price list needs a manual update after the weekend? Yep, we’ve heard that story more times than we care to admit. One solution to prioritizing your Monday morning caffeine intake is to have that manual price list update job set as an automated task. Not only will it make your work easier, but a bi-product will be getting home earlier and in a better...

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