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Average Ratings 0 Ratings

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ease
features
design
support

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Description

As the global landscape increasingly embraces digitalization, the customization of products and services is rapidly becoming standard practice. In this intricate business environment, organizations must be vigilant, as making incorrect pricing choices is no longer an option. It is essential to consistently maintain optimal pricing. To maximize revenue opportunities effectively, businesses require sophisticated pricing systems akin to how farmers rely on tractors for their productivity. Prorize's exclusive AI-driven platform is tailored to offer a flexible and bespoke method for price optimization across diverse sectors. At the heart of the Pricing AI Platform™ lies our advanced model development software, which swiftly uncovers demand trends and customer inclinations to establish the most effective data-informed, scientifically grounded prices. The Pricing AI Platform™ blends decades of insights and hands-on knowledge of pricing strategies with cutting-edge AI and machine learning technologies for adaptive pricing solutions. This innovative approach ensures that companies can navigate the complexities of modern pricing challenges with agility and precision.

Description

SAP Variant Configuration and Pricing integrates two cloud-native offerings within the SAP Business Technology Platform to manage intricate product modeling and real-time pricing without altering the core of your ERP system. The Variant Configuration component allows users to establish characteristics, dependencies, and constraint rules for products in SAP ERP or S/4HANA, transferring that knowledge to the cloud to provide an interactive configuration experience that is aware of rules, complete with pre- and post-processing extension hooks. Meanwhile, the Pricing component takes in replicated sales pricing information, implements SAP's condition-technical rules alongside external condition sources and custom pricing formulas, calculating prices for both configurable and non-configurable items based on documents or without state, supporting various calculation methods such as percentage, fixed amounts, and quantity-based approaches while retaining the results of runtime pricing. Additionally, both components feature extension interfaces that facilitate variant functions and pricing routines, ensuring a smooth integration process from start to finish, allowing businesses to adapt and scale their pricing strategies effectively. This innovative approach enhances flexibility and responsiveness to market demands, ultimately driving better business outcomes.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

SAP Business Technology Platform
SAP CPQ
SAP Commerce Cloud
SAP ERP
SAP S/4HANA

Integrations

SAP Business Technology Platform
SAP CPQ
SAP Commerce Cloud
SAP ERP
SAP S/4HANA

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$37,020 per year
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Prorize

Founded

2006

Country

United States

Website

www.prorize.com/pricing-ai-platform/

Vendor Details

Company Name

SAP

Founded

1972

Country

Germany

Website

www.sap.com/products/crm/variant-configuration-and-pricing.html

Product Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

Product Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

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