Average Ratings 0 Ratings
Average Ratings 0 Ratings
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
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