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AI Pricing Software for Data Scientists

At Pricefx we empower our customers to bring their own data science to the table and build the AI price optimization model of their dreams that uniquely suits their company. Choose the formulas you want to build with unrestricted personalized impacts to your company’s bottom line.

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Without Pricefx

Companies Are at Risk of Losing Out on €180 Million in Profit per Year

Imagine trying to build a complex pricing model – based on incomplete data, based on generic data that doesn’t apply specifically to your business, or almost as bad - with a prescriptive and inflexible pricing tool.

For data scientists tasked with preparing formulas for AI-powered pricing software, the stakes are high. Back box models or prescriptive and unconfigurable AI frameworks, could hinder your ability to capture profit opportunities. Every day spent wrestling with an out of the box generic pricing tool is a missed opportunity to optimize pricing and drive revenue growth by bringing your own science (BYOS) and building a pricing system uniquely personalized to suit your company’s needs.

Consider this: a €5 billion company could be leaving a staggering €180 million on the table annually due to pricing underperformance.

Imagine the impact on your bottom line if you could configure a system that leverages your data, using your unique formulas and your company’s science to achieve business goals faster.

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With Pricefx

Your Company Could Generate €130 Million More in Profit per Year

Pricefx customers don't have to wait long to see results.

Within the first 12 months of going live, they boost their margins by an average of 8.4%.

That means for every €5 billion they sell; they rake in an additional €130 million yearly.

Let's Talk Profits

Proprietary Data-Infused AI Price Optimization Software

The Evolution Beyond Generic Pricing Solutions: Bring Your Own Science (BYOS)

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Manufacturing Pricing – Why BYOS is Important
Use your unique pricing data to improve alignment between pricing and sales teams and provide decision support for individual deal pricing based on historical data to achieve your manufacturing company’s exclusive business outcomes.
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Distribution Pricing – Why BYOS is Important
Bringing your own data and formulas empowers smart decision making and allows for the setup and update of customer specific pricing frameworks by customer segment and product that suits your specific distribution business.
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Process Industry Pricing – Why BYOS is Important
Determine a unique price optimization model that conforms to your companies' fuel or lubricant product portfolio placement across geographies and expected regional goal realization.

Leverage Our Productized Use-Cases for AI Optimization

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Negotiation Guidance
Offer sellers a floor, target, and stretch price to help them make better pricing decisions.
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Product Recommendations
Increase deal revenue, profitability, and customer satisfaction by offering similar or compatible products to the ones chosen in the quote.
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List Price Optimization
Optimize your list prices by considering more factors at the same time and simulating the impact of these changes.
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Price Waterfall Optimzation
Optimize different elements of the waterfall simultaneously such as list prices, discounts, and incentives, and more.
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How BYOS Revolutionizes Business Outcomes

Pricefx Software Enables Pricing to Be

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Pricing Attributes
Data Fueled Pricing Actions
Dynamic
Reflect competitive pricing moves and prevent exposure to volatile costs with dynamic price calculation per customer, segment, channel, region etc.
Accurate
Sell the right product to the right customer at the right time, at the right price at scale with AI-powered individual price recommendations resulting in profitable deals
Holistic
Setup and execute customer agreements, promotions, or rebate programs and align all elements of your pricing together with AI-powered price optimization.
Data-Driven
Uncover business performance insights on macro and micro level through smart data-driven automation or ad-hoc analysis.
Win-Win-Win
Support company goals by every part of your pricing, motivate front lines with adequate incentives and provide your customers with extraordinary value.

Let's Talk Bring Your Own Science

Capture More Margin

We love to talk about three things – your business, your science, and how our software that uses data and AI to optimize and manage prices can help you grow it! Our cloud-based pricing solutions are the best in the industry and offer more profit and speed.