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Month: March 2019

Price f(x)’s Optimized Algorithmic Pricing, Now on SAP’s App Center

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What is Optimized Algorithmic Pricing?

Optimized Algorithmic Pricing (OAP) by Price f(x) 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 Price f(x) platform, Price f(x) 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.

Optimized Algorithmic Pricing by Price f(x)

How Can OAP Help You?

Today’s complex digitally enabled business world demands scalable Price Optimization capability. With PriceOptimizer from Price f(x), you can customize your tailored algorithm and incorporate your unique machine learning approaches – or leverage their prebuilt Price f(x) 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 Price f(x) 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.

RS Components & Price f(x) – A Project Launch for Pricing Process History



Ever wanted to know what a dream pricing project kick-off looks like? Look no further than the recent project launch that we had with RS Components. And what a launch it was – cake, good cheer and excited anticipation for what our products can do to automate their pricing processes.

Pricef(x) is live at RS Components

The goal was to fully automate their pricing processes from an off-line Excel based solution to an integrated Price f(x) system. This meant using PriceBuilder to efficiently model RS Component’s different strategies across the several categories, technologies, brands, and markets worldwide. This would help to strengthen RS Components’ pricing capabilities both in terms of price setting and price analysis.

The strategies make use of various internal and external data sources and before any actual price changes are made, they can be modeled, and their impact simulated. After approval, the prices go downstream to ERP and E-commerce systems after which they loop back into Price f(x) on the executed transactions that can be analyzed using the PriceAnalyzer module. The impact of this is monumental for companies with several variables to take into account because decisions can be made in a timely manner.

So, what was one of the reasons that RS Components chose us to begin with? Price f(x), “is a young dynamic company not just somebody who had a stayed product which needed updating”, said Gary Malpas,
Commercial Analytics Manager, and the project’s business owner. Thank you to the RS Components teams. We could not be happier to have had such a successful launch and are excited to see great results.

If you would like to find out how Price f(x) can help you automate your pricing process, contact us here.

New Release of Price f(x) QuoteConfigurator and PromotionManager App for Salesforce, Microsoft Dynamics and SAP C4C – Unity v1.37-Pfaffenhofen



We are happy to announce a new release of Price f(x) QuoteConfigurator and PromotionManager App for Salesforce, Microsoft Dynamics and SAP C4C – Unity v1.37 Pfaffenhofen.

The main feature of this release is the ability to send messages to other users from the Quote or Contract page. On a dedicated Messages tab, you can have a conversation with your colleagues about issues concerning that particular Quotes or Contract. Moreover, all users receive email notifications about new messages.

We are also introducing Quote Types which enable you to quickly create new Quotes based on preselected calculation and workflow logic or the basic functionality of the bar and line, bubble and histogram charts.

There are also many smaller enhancements and usability improvements. For a complete list of new features and bug fixes, please see the release notes.

The new release is ready to be deployed to your environment. Please open a support ticket and we will get back to you to discuss the deployment details.

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