Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Akur8 harnesses advanced machine learning and predictive analytics to revolutionize the pricing process for insurers, delivering unprecedented speed and precision while ensuring complete transparency, auditability, and control over the developed models. It stands out as the sole technology available that automates the creation of production-ready Generalized Additive Models and Generalized Linear Models. By utilizing its innovative proprietary algorithms, Akur8 significantly enhances business value by revealing potential improvements in the combined ratio that were previously overlooked. This technology empowers actuarial pricing teams to create highly accurate models in record time, enabling quicker and more informed decision-making. Additionally, to maximize value and provide extensive flexibility, Akur8 is equipped with API capabilities, allowing for rapid exploration of data sources, the ability to construct custom features, and seamless integration into existing pricing processes, further enhancing the overall efficiency of insurers. By taking advantage of Akur8, companies can transform their pricing strategies and gain a competitive edge in the insurance market.
Description
Cherrywork®️ Intelligent Price Management offers a comprehensive cloud-based solution designed to address all your pricing challenges, encompassing everything from deal management to price execution, administration, and analytics with enhanced ease and dependability. This unified platform efficiently handles pricing for both the buying and selling sides by leveraging sophisticated machine learning algorithms to suggest optimal product prices. It tracks real-time values and variations across multiple metrics, such as revenue, profit, margin, visitor numbers, and conversion rates. Furthermore, it grants complete visibility into various price books, along with pertinent details like creation dates, the individuals responsible for each price book, and their current statuses. Our clear and transparent pricing methodology significantly minimizes delays in processes that stem from pricing data discrepancies. Additionally, the powerful machine learning models enable you to anticipate the potential effects of pricing adjustments prior to their execution, allowing for more strategic decision-making. This innovative approach ultimately enhances your pricing strategy and operational efficiency.
API Access
Has API
Yes
API Access
Has API
No
Integrations
SAP Store
No
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
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
Yes
In Person
No
Vendor Details
Company Name
Akur8
Founded
2018
Country
France
Website
www.akur8.com
Vendor Details
Company Name
Incture Technologies
Founded
2006
Country
India
Website
www.cherrywork.com/intelligent-price-management
Product Features
Pricing Optimization
Channel Analysis
No
Competing Product Analysis
No
Forecasting
No
Market Analysis
No
Multi-Store Management
No
Price List Management
No
Price Optimization Automation
No
Pricing Analytics
No
Profitability Analysis
No
Scenario Planning
No
Product Features
Pricing Optimization
Channel Analysis
No
Competing Product Analysis
No
Forecasting
No
Market Analysis
No
Multi-Store Management
No
Price List Management
No
Price Optimization Automation
No
Pricing Analytics
No
Profitability Analysis
No
Scenario Planning
No