Pricefx’s Optimized Algorithmic Pricing
What is Optimized Algorithmic.
Optimized Algorithmic Pricing (OAP) by Pricefx is a solution built for SAP customers. It provides unique insight into how pricing impacts business profitability across products, customer segments, sales channels and geographic regions. Beyond the price waterfall, PriceAnalyzer provides real-time insights at scale. Built on the standard Pricefx platform, Pricefx OAP offers you complete control over the price setting processes with an easy-to- use and transparent calculation engine that can be tweaked on the fly by the business users.
How Can OAP Help You?
Today’s complex digitally enabled business world demands scalable Price Optimization capability. With PriceOptimizer from Pricefx, you can customize your tailored algorithm and incorporate your unique machine learning approaches – or leverage their prebuilt Pricefx Price Optimization tools to run your segmentation, margin distribution guidance, elasticity, and simulations.
Pricing is complex, requiring precise integration with many different systems and data sources in real time. Optimized Algorithmic Pricing comes with a native integration platform that seamlessly connects your pricing processes and information with ease and simplicity. OAP includes prebuilt certified connectors for SAP C/4 HANA, with SAP Sales Cloud and SAP Commerce Cloud enabling you to sync your price list to SAP Cloud for Customer or run real-time price changes to your SAP Commerce solutions.
Handling customers’ orders and quote requests in your B2B Marketplace with SAP Commerce has never been easier, and your Salespeople will get instant pricing suggestions based on predefined logic for that specific product, customer, and selling situation, which can then be used in any CPQ system you choose.
With the power of Pricefx Optimized Algorithmic Pricing, complete Price Management and Optimization have never been easier, faster or more flexible for SAP customers.
Are you ready to start using Optimized Algorithmic Pricing from Price f(x), head over to the SAP APP Center for more details.