MAJOR RELEASE
Paper Plane 11
We're enhancing capabilities such as Actionable Insights, Price Strategy Designer, and a range of Optimization use-cases.
FEEDBACK DRIVEN ENHANCEMENTS
New functionality and enhancements are 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
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Continuously identifies gaps and opportunities, and allows a user to choose the optimal course of action
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User-oriented setup of “pattern” detections (based on any data threshold, time period or segment comparison)
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Data-driven – leveraging any Datamart data and/or Optimization outputs
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Consisting of rules, alerts and follow-up Actions created from a selected context
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Alerts pushed to the Notification Center; Actions (recommendations) available from Homepage
Visual Configuration
GENERAL RELEASE OF PRICE STRATEGY DESIGNER and INTRODUCING WORKFLOW DESIGNER
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Our Visual Configuration approach adds simplified configuration options across various modules
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Exclusively available to extend the capabilities of Pricefx Accelerators
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Design and configure with drag-and-drop elements and deploy them directly to your partitions
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Minimal Coding Required – Design visually and let the system generate the code
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Save the Building Blocks – Create elements as you work to re-use later.
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
Multiple New Integration Methods
FRONT-END API
iFRAME API TO INTEGRATE WITH 3rd PARTY APPLICATIONS
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An enabler for frontend integration of Pricefx into CRM and other 3rd party applications
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Now it embeds functionality into any application supporting iFrame (not limited to selected ones)
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Visual Mapping allows administrators to map data fields for basic integration scenarios
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Reduces integration setup time for a quicker go-live and time to value
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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 is officially certified by SAP (Pricefx Price Management with S/4HANA)
- 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