Previously price management was an overlooked area by vendors because they lacked the native capabilities to meet this need. However, through partnerships and acquisitions, they are creating viable products, which are enabling enterprises to see greater return.
business applications specialist
across the entire business—including business units, product lines, market segments, geographies, channels, etc. While the goal is to maximize the price, enterprises have to first focus on having a clearer rationale why each price element is set in certain way. Equality becomes the focus, and any outliers are eliminated. To that end, the module can manage multiple price lists, set analysis-driven prices and policies, perform mass price updates, maintain pricing policies, export prices to ERP systems,