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Average Ratings 0 Ratings

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features
design
support

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Write a Review

Description

We assist consumer product companies in effectively managing and enhancing their pricing strategies and investments, enabling them to make informed decisions that yield a strong return on investment. Our software solutions empower clients and consultants alike to assess historical performance and forecast future trends. Tailored to meet individual client needs, our applications ensure that every user finds the specific functionalities they require. From visualizing yearly data to anticipating future outcomes, our tools not only revolutionize pricing and promotional strategies but also streamline internal operations. Acumen Radar is designed to aid businesses in managing and refining their pricing by simulating various pricing scenarios. Whether you seek in-depth insights into strategic revenue management from seasoned industry professionals or practical advice from our consultants, our array of events and webinars offers valuable resources to help you achieve your goals. Furthermore, Acumen Invest is remarkably user-friendly, facilitating rapid scenario planning and comprehensive analytical work to support agile decision-making. With these innovative solutions, companies can elevate their competitive advantage in a dynamic market.

Description

For companies in the Consumer Packaged Goods (CPG) sector, trade spending typically ranks as the second highest cost, following the cost of goods sold. As consumer preferences and retail alliances evolve swiftly, these companies require enhanced capabilities to efficiently manage their trade promotion optimization efforts. The quest to optimize trade spending is complicated by various external elements, including fierce competition in the market, region-specific logistics, and compliance with regulations. Additionally, organizations encounter obstacles stemming from internal issues, such as fragmented data across multiple platforms (including ERP, POS systems, and syndicated data from sources like Nielsen), challenges in extracting insights from analyses conducted before and after promotions, and the common difficulties in fostering collaboration among teams in sales, marketing, finance, and demand planning. To tackle these challenges effectively, Wipro has developed its Promax® suite of solutions, which encompasses trade promotion management, optimization, and execution (TPM, TPO, and TPx), ensuring a comprehensive approach to trade spend management. By leveraging these solutions, CPG companies can navigate the complexities of trade spending with greater efficiency and effectiveness.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

Datatron No 
Denodo No 
HPE Consumption Analytics No 
IBM Apptio No 
PTC FlexPLM No 
Ubersmith No 

Integrations

Datatron Yes 
Denodo Yes 
HPE Consumption Analytics Yes 
IBM Apptio Yes 
PTC FlexPLM Yes 
Ubersmith Yes 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Acumen

Founded

2006

Country

United Kingdom

Website

www.acumenci.com

Vendor Details

Company Name

Wipro

Country

United States

Website

www.wipro.com/consumer-packaged-goods/wipro-promax/

Product Features

Trade Promotion Management

Analytics / ROI Tracking Yes 
Approval Workflow Yes 
Budgeting & Forecasting Yes 
Claims Management Yes 
Competitor Analysis No 
Compliance Management Yes 
Customer Management Yes 
Discount Management Yes 
Pricing Optimization Yes 
Promotion Calendar Yes 
Settlement Management No 
Trade Agreement Management Yes 

Product Features

Trade Promotion Management

Analytics / ROI Tracking Yes 
Approval Workflow No 
Budgeting & Forecasting Yes 
Claims Management No 
Competitor Analysis Yes 
Compliance Management No 
Customer Management Yes 
Discount Management No 
Pricing Optimization No 
Promotion Calendar No 
Settlement Management No 
Trade Agreement Management No 

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