How Safe is the Pricefx Infrastructure? – Very, and Here is Why

April 19th, 2022 (Updated 04/25/2022)

Jaroslaw Podgorski & Michaela Kubišová
Senior Security Specialist in Compliance & Senior Manager Compliance and Operations at Pricefx

How Safe is the Pricefx Infrastructure? – Very, and Here is Why Cybersecurity is one of the greatest threats to most companies worldwide. Since the onset of COVID-19, the FBI has seen a 300% rise in cybercrime. What’s more, with data breaches up by more than 68% in the 2021 calendar year, it is quite a valid question to ask, ‘How Safe is the Pricefx infrastructure?’  The answer is – generally speaking, your company’s data that is stored within the Pricefx system is much safer there, than it is on your work computer, home computer or your smartphone. Because of...

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What Kind of Training Does Pricefx Pricing Software Provide?

April 12th, 2022 (Updated 04/14/2022)

Kate Grusemann
Manager Customer Training in Customer Solutions at Pricefx

What Kind of Training Does Pricefx Pricing Software Provide?  It can take longer than you think to implement Pricefx pricing software. After all, implementing a full-fledged native-cloud pricing system informed by the power of Artificial Intelligence should take longer than uploading Google Chrome or doing a Windows update, right? With all the time and effort that the team at Pricefx put into developing your pricing software and customizing it to suit your company’s unique set of business objectives, wouldn’t it be disastrous if end users like yourselves could not take full advantage of it and use the software to its...

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Pricefx vs PROS? – Choose the Best Pricing Software for You 

March 4th, 2022 (Updated 03/15/2022)

Doug Fuehne
SVP Impact in Revenue at Pricefx

Pricefx vs PROS? – Choose the Best Pricing Software for You You already know that you need to streamline and optimize your pricing strategy and that you need a sophisticated yet easy-to-use pricing platform that will move you forward in your pricing transformation journey.  But you’re stuck trying to work out the similarities and differences between Pricefx and PROS price optimization software. You need an honest comparison of the two solutions to help you work out which one will be a better fit for your company and your specific pricing scenarios.  Both vendors are considered industry leaders. So, now it’s...

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Pricefx improves user experience and enhances existing capabilities in its latest major release

January 24th, 2022

Lukas Sirucek
Product Manager at Pricefx

Pricing isn’t an easy task to manage. Pricing efficiently and wisely is even harder. At Pricefx, we want to help pricing experts manage and optimize their prices at scale, in a fast and intuitive way. In order to do that,  we need to continuously improve and develop our solution to meet our customers’ needs. In our latest release Godfather 8.0 (available January 23rd, 2022), we’re significantly improving our user’s experience on the platform, plus we’re introducing new functionalities that will support pricing and sales professionals achieving their objectives. Below are the most important updates coming with the new release: Improved...

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How to Integrate Pricefx Pricing Software with Your System

January 5th, 2022 (Updated 03/21/2022)

Jochen Schmidt & Jose Paez
Solution Strategists at Pricefx

How to Integrate Pricefx Pricing Software with Your System  Without integrating pricing software with your ERP (Enterprise Resource Planning), CRM (Customer Relationship Management) or other in-house system, you risk not only losing effectiveness and organization. You’ll also be taking random chances that you are at peril of leaving potential profit at the checkout and leaking profit margin by using unenhanced and outdated pricing methods.   Modern AI-based pricing software enables the unification of front and back-office functions and data points through automation of Salesforce, SAP, and other CRMs. The integration efficiencies unlock your data to achieve price optimization and allow you to...

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Who is Pricefx and What Do We Do?

December 17th, 2021 (Updated 03/15/2022)

Ken Edwards
Marketing Specialist at Pricefx

Who is Pricefx and What Do We Do?  You have probably seen a video or article in the small and niche world of pricing companies and wondered to yourself, “Who is Pricefx and what do they do?” Could our suite of pricing solutions be the key to your margin erosion, revenue stagnation, or time-saving problems to name a few?   Well, you’ve come to the right place to get an answer to your questions.   Simply put, we’re the leading end-to-end pricing software, native cloud-based, and powered by the latest in Artificial Intelligence (AI) and Machine Learning (ML).   And it’s not just us tooting our own horn; you can find out more from our customers’ success stories and...

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How to Integrate 3rd Party Systems with Pricing Software

December 8th, 2021 (Updated 03/23/2022)

Jochen Schmidt
Solution Strategist at Pricefx

How to Integrate 3rd Party Systems with Pricing Software Chances are if you are the Pricing Manager or VP of Sales of a large enterprise company, you are probably suffering from ‘tool fatigue’ from having too many options available to you to track your pricing, customers, logistics, price lists etc.  That’s probably why you have been googling around for the last 45 minutes looking for products that can easily be integrated into what you currently use (for example, will it feed information in my current SAP software?) and create a suitable “Swiss Army Knife – one tool does it all” replacement with a 3rd party...

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How Does SAP Integrate With Pricing Software? Plus How To Get Started

December 1st, 2021 (Updated 03/15/2022)

Jochen Schmidt
Solution Strategist at Pricefx

How Does SAP Integrate With Pricing Software? Plus How To Get Started  So, you’ve got your SAP Enterprise Resource Planning (ERP) software running like a dream. Your pricing strategy is taking on a brand-new dimension and efficiency is boosted to the point where you can expand your organization and diversify your client and product base. Then suddenly – Bam! – your business requirements have changed.   You’ve now discovered that you need to automize and track your newly introduced rebates and promotions set-up. What’s more, is that you need to have your finance and CRM (Customer Relationship Management) systems integrated into what will eventually become a one-stop pricing software stop.   First up, congratulations on your business success, but take note and read...

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FYI

Pricefx Evolves to Enterprise Grade Platform

May 19th, 2019 (Updated 03/24/2021)

Pricefx

Our brand is evolving and so is our platform. IntegrationManager is  now built into the PFX Platform, unlocking the true connected power of our full range of solutions without needing a stand alone module! This means users can now harness the full power of Pricefx at a lower total cost of ownership and with even faster time-to-value. IntegrationManager is now PFX Platform. Yes, you read that right, our long-standing integration solution transformed to an enterprise grade Platform for seamless integration capabilities across the entire Pricefx solutions suite. You still get the same great functionality and connectivity between all of our...

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Flexible

Pricing Strategies Need Pricing Vision

May 13th, 2019 (Updated 03/23/2021)

Duncan Hendy

Key Takeaways: • If you fail to bring centralization to your operations, you are going to find yourself facing major disconnect across the various territories you serve, the multifarious ERP systems you depend on, and your SKUs. • This tendency to let regions handle their ways of pricing and selling means instead of pricing being a driver of profits, it is so inconsistent that those international teams fail to grasp the impact on your organization that their uninformed pricing variations cause. It is true to state that companies with any kind of retailing either have or crave a pricing strategy....

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Flexible

Smart Pricing Means Innovation. Time to Flex Those Data Crunching Muscles!

May 13th, 2019 (Updated 03/23/2021)

Duncan Hendy

Key Takeaways: • Setting prices and pressing the big green sell button is not enough, speed of reaction and awareness of the pocket-price waterfall means relying on a heck of a lot of data spread across many parts of your pricing infrastructure, whose quality you need to verify and whose logical flow you need to ensure through all your systems. • Taking a more data and process-centric approach to deals and offers is one of the key levers that helps companies be successful. “Crunch that data, grow globally and sell more with greater margins!” Sound like something currently achievable or...

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Flexible

How Adjustable Pricing Boosted the Skiing Industry–It’s Snow Joke!

May 13th, 2019 (Updated 03/23/2021)

Duncan Hendy

Key Takeaways: • Some pricing factors can be foreseen. Having a good grip of historical data can unveil cyclical factors that can often form a predictable path. But what can you do when you have one of those phenomena that even leaves the experts baffled? • Dynamic pricing was the answer to put to an end to the one-size-fits-all approach where companiesthey lose money here and there, and let customers slip through their fingers. Some pricing factors can be foreseen. Having a good grip of historical data can unveil cyclical factors that can often form a predictable path. But what...

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Realize

CPQ: How to Unlock the Full Value of Every Deal with Your Sales Force

May 11th, 2019 (Updated 06/18/2021)

Tolu Oke
Content Marketer at Pricefx

Configure Price Quote (CPQ) That Drives Value to Your Whole Organization Pricefx just won the 16th Annual 2021 IT World Awards. These prestigious global awards recognize information technology and cyber security vendors with advanced, ground-breaking products, solutions, and services that are helping set the bar higher for others in all areas of technology and cyber security. Why Pricefx for CPQ? If you have been following, Pricefx for any reasonable amount of time, you might have noticed that we are constantly evolving – from our engineering updates to webinars we offer on our products. Our product roadmap is designed with our customers’...

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Announcing Bramble 3.7 – Manage Your Distributor’s Claims with Ease

May 11th, 2019 (Updated 03/24/2021)

Pricefx

Are you looking forward to the summer season? Then join us in a toast to pricing with a refreshing summer drink – Bramble. Bramble is a mixture of gin, simple syrup, fresh lemon juice, creme de mure and crushed ice. Sound tasty? Then raise your glass to toast our new release – 3.7 Bramble – arriving on June 23, 2019. Here’s a first look at the release highlights. ChannelManager – This new module helps you handle special discount agreements between your distributors and their customers. The module processes an Excel file with transactional data you receive from your distributor, validates...

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Pricefx Adds New Marketing Chief after Accomplishing the Most Successful Year in its History

May 6th, 2019 (Updated 03/23/2021)

Patrick Moorhead joins as Chief Marketing Officer from big data startup Label Insight to help the company continue its strong growth, following its doubling in size for three consecutive years. The appointment follows a hugely successful 2018 for Pricefx which included the completion of its second financing round with strategic investment from Digital+ Partners and Bain & Company. In 2018, Pricefx was awarded “Cool Vendor of Digital Commerce” by Gartner®, selected as pricing technology provider to Bain & Company’s “Pricing Navigator” offering and certified as an SAP® AppCenter partner. MUNICH / CHICAGO – February 12, 2019 Pricefx, the global leader...

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Thank You to Pricefx Customers for a Successful First Quarter

May 5th, 2019 (Updated 03/23/2021)

Pricefx ended Q1 by gaining 10 more customers globally. Our customers’ support and trust in our vision for a fast, flexible and customer-centric solution is a reason why we continue to grow. We’ve released a timeline of some of our customers’ quotes and opinions of us throughout the year If you have been following us for a while, you will have seen that we closed our series B round of investments at the end of last year and had our most successful year to date. Thankfully, our upward momentum has continued by closing Q1 successfully with a growth that cannot...

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FYI

Pricefx Is Proud to Be an SAP Gold Partner

September 25th, 2019 (Updated 03/24/2021)

Pricefx

Pricefx is a gold-level partner in the SAP® PartnerEdge® Build program, indicating its standing as a highly valued partner for price optimization solutions in the SAP App Center. We are the first ISV to reach this level for Build, which demonstrates the strong demand for innovative cloud-based pricing solutions. Read more about our SAP Gold Partner Status here. With Pricefx closing the most total SAP App Center transactions of any SAP partner, we have opportunities spanning North America, Latin America and EMEA. The SAP App Center provides customers with real-time access to more than 1,900 innovative partner solutions that complement...

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