NEW MAJOR RELEASE: June 25th, 2023

Paper Plane 11.0

DOWNLOAD PDF OVERVIEW

FEEDBACK DRIVEN ENHANCEMENTS

We are excited to announce that the next major Pricefx release, Paper Plane version 11.0, is coming on June 25th, 2023, with new functionality and enhancements based on your feedback. 

With features such as Actionable Insights that provide the means to detect risks or identify new opportunities, the general release of Price Strategy Designer and introducing Workflow Designer as part of our Visual Configuration approach, and a range of enhanced Optimization use-cases to further enhance your pricing efforts, to name just a few.

Actionable Insights

  • Continuously identifies gaps and opportunities, and allows a user to choose the optimal course of action

  • User-oriented setup of “pattern” detections (based on any data threshold, time period or segment comparison)

  • Data-driven – leveraging any Datamart data and/or Optimization outputs

  • Consisting of rules, alerts and follow-up Actions created from a selected context

  • Alerts pushed to the Notification Center; Actions (recommendations) available from Homepage

Visual Configuration

GENERAL RELEASE OF PRICE STRATEGY DESIGNER and INTRODUCING WORKFLOW DESIGNER

  • Our Visual Configuration approach adds simplified configuration options across various modules

  • Exclusively available to extend the capabilities of Pricefx Accelerators

  • Design and configure with drag-and-drop elements and deploy them directly to your partitions

  • Minimal Coding Required – Design visually and let the system generate the code

  • Save the Building Blocks – Create elements as you work to re-use later.

Optian Logo with Pricefx text

Enhanced Optimization Use Cases

NEGOTIATION GUIDANCE

Mass-manage supplier costs and other data. Processing and calculation without tying to SKUs.

Price guidance delivered to sales-people on every deal in Quoting for every unique situation.

Identifies peers with common willingness-to-pay and uses statistics to bring low performers up

Segmentation with an automated suggestion of the segmentation attribute(s) and supportive analytics

Option to define cross-segment pricing positioning rules (customer-size, regional, etc. price differentiation)

Integrates multiple objectives, constraints and other business rules into the Optimization results

PRODUCT RECOMMENDATION

Tailored recommendations, based on historic transactions, competitor data and similar products, delivered in your quoting workflow.

Sales-people can speed up quoting process through optimized product recommendations

Increase deal value by upselling complementary products (e.g., related consumables)

Improve conversion rates by presenting your customers with quotes tailored to their needs

Recommendations based on historic purchases, similar products and products frequently purchased together

Link related products and services to display recommendations together when adding to quotes

SHELF PRICE OPTIMIZATION

For retail companies with a need to provide optimal shelf prices specific for territory / channel

Targets retail companies with a need to provide optimal shelf prices specific for territory / channel

Allows priority setting for revenue or profit maximization to follow company objectives

Applies objectives and constraints for differentiation of optimal prices to specific competitors, across channels etc.

Optimization results with aggregated and detailed views on comparison of last and forecasted periods

MARKDOWN OPTIMIZATION

For retailers with a need to optimize inventory levels of targeted products.

Retailers can optimize inventory levels of targeted products by identifying and marking them down

Considers time to the end of season and the declining demand to ensure optimal promotion period

Optimizes discount recommendations for perishable and end of season products

Identifies slow moving products and sets up discounts to increase sales and reduce stock

Multiple New Integration Methods

FRONT-END API

iFRAME API TO INTEGRATE WITH 3rd PARTY APPLICATIONS

An enabler for frontend integration of Pricefx into CRM and other 3rd party applications

Now it embeds functionality into any application supporting iFrame (not limited to selected ones)

Visual Mapping allows administrators to map data fields for basic integration scenarios

Reduces integration setup time for a quicker go-live and time to value

Utilize existing UI for pricing processes that already exist in Pricefx

SAP S/4HANA INTEGRATION

AVAILABLE THROUGH SAP BTP INTEGRATION SUITE

Multiple Pricefx integrations to SAP S/4HANA through SAP BTP Integration Suite are available in SAP API Hub

The first Pricefx integration package for S/4HANA will shortly get the official certification by SAP

We enable the first plug & play use-case fully utilizing this way of integration and advantages of Pricefx integrated with S/4HANA

Price Optimization & Management enabling pricing managers to set optimized prices and price guidance

Download Paper Plane 11.0 PDF overview