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Software Functionality Revealed in Detail
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 price realization

Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Configure Price Quote (CPQ) Software Evaluation Report

This comprehensive Configure Price Quote (CPQ) Software Evaluation Report covers the full range of CPQ functionality. If your business is facing increasingly complex product configurations, CPQ solutions can do more than create accurate and professional sales quotes: they can open the door to significantly increased sales and revenues.  

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Documents related to » price realization

Know Thy Market Segment's Price Response


Since no variable can influence margins as much as pricing, almost all companies need to approach the management of selling prices, discretionary discounts, and potential price increases with the same firmness they use to manage manufacturing and procurement costs.

price realization  of Pricing . A price rise of 1 percent, at constant volumes of sale and costs, should generate an 8 percent increase in operating profits, which is 50 percent greater than the impact of a decrease of 1 percent in variable costs (that is, materials and direct labor), and more than 3 times greater than the impact of a 1 percent increase in sales volume (even if one forgets that increased production typically increases costs) Thus, while there are many determinants of a companys success, no variable can Read More

It Isn't the Fall, It's the Sudden Stop


Skillful management of transitions is essential for IT professionals. It is not simple and it not recognized when it is done right, but when done wrong, the noise of the sudden stop rings in everyone's ears for a long time.

price realization  share, the company''s share price increased by more than twenty percent. With all of this diligence, how could it be that one year later, customer service measures are at an all time low, profitability is only marginal and almost none of the critical employees of the acquired company remain?  On the other hand, the nation''s foremost multinational Call Center Company made a decision to reinvent itself to become the foremost eCare Company leveraging its essential capabilities and building a completely new, Read More

Lawson Means Business with HCM (But Wait, There's More...)


Lawson Software (NASDAQ: LWSN), headquartered in St. Paul, Minnesota, the United States (US), and with offices around the world, provides software and service solutions to about 4,000 customers in manufacturing, distribution, maintenance and service sector industries across 40 countries. Its solutions include Enterprise Performance Management (EPM), Supply Chain Management (SCM), Enterprise

price realization  hefty premium over the asking price). Therefore, Lawson''t motivation here is simple and clear, since it has a number of healthcare organizations (about 400 organizations, with over 7,000 hospitals) running on Lawson HR applications.  All these customers have scheduling needs, and VasTech 24/7  is a healthcare specific scheduling product (nurse shift bidding, for example).  All things being equal, these hospitals will likely buy this application from Lawson and not other providers (e.g., API , Kronos, Read More

Getting a More Exact Picture of, well, Exact Software Americas - Part 2


Part 1 of this series talked about my long-standing coverage of Exact Holding, and in particular about my recent update briefing with the Exact Americas division. My post concluded with the vendor’s intent to go back to its local roots and push its well respected North American manufacturing and distribution enterprise resource planning (ERP) products, especially Exact Macola ERP.

price realization  competitors’ ability to wage price wars of sorts (via aggressive discounting). In spite of some perhaps self-inflicting moves a few years back, Exact still can claim low customer attrition and high-touch relationships with its 12 customer advocates (dedicated employees). The vendor strongly believes to know its place in the small to medium enterprise (SME) world, especially in the “smaller” end of the market, where it has established itself as a trusted advisor. Dear readers, what are your views, Read More

PeopleSoft Joins The Hunt For SMEs


There has been significant hubbub in the mid-market, with all Tier 1 players delivering solutions tailored for small-to-medium enterprises (SMEs). PeopleSoft joins the fray with its recent announcements.

price realization  market will definitely make price a significant competitive factor. The key consideration for solutions that serve this market will also be the level of integration throughout the entire offering. While short implementation benchmarks will remain an important decision factor, quick implementation will evolve into an order qualifier rather than an order winner, as vendors have been converging in delivering more streamlined methodologies to meet customers'' business needs and tight budgets. Differentiation Read More

Integrated Attribute Management: Process Manufacturing


Companies in virtually every industry today are striving to meet the ever-increasing demands of their customers. The issues of innovation, price, quality, and delivery have never been greater. Customers want what they want, when they want it, and how they want it. To give customers what they truly want, manufacturers need to have a deeper understanding of the detailed attributes of the products that meet customer needs. Winning companies, those who will prosper now and well into the future, will need to manage the use of this knowledge with advanced information technology as their key competitive strategy.

price realization  The issues of innovation, price, quality, and delivery have never been greater. Customers want what they want, when they want it, and how they want it. To give customers what they truly want, manufacturers need to have a deeper understanding of the detailed attributes of the products that meet customer needs. Winning companies, those who will prosper now and well into the future, will need to manage the use of this knowledge with advanced information technology as their key competitive strategy. Read More

Rimini Street: The End of Full-price Software Maintenance Is Here!


In a recent press release, Rimini Street boldly declared the end of full-price software maintenance. The vocal and upbeat third-party software maintenance provider for various popular SAP and Oracle enterprise systems believes that a tipping point has finally been reached in the market for annual maintenance (certainly, the public cloud enterprise software providers have long been preaching even

price realization  to get the best price and service terms from Oracle and SAP. Even if this is a mere gimmick by Rimini Street, it cannot hurt a prospective support and maintenance customer to use the proposal to its advantage. It will be interesting to watch what Oracle and SAP do now, perhaps in a more creative way, as they''ve been rather tone-deaf thus far. Oracle and Rimini Street have been engaged in  counter-lawsuits about alleged intellectual property theft , and it is hard to predict the outcome of these. While Read More

Margin Squeeze and Globalization in the Food and Beverage Industry


In the food and beverage industry, the channel master makes final volume decisions and mostly controls the unit price, with the manufacturer having limited power to increase or maintain prices. The only real variable the manufacturer does control is cost.

price realization  highly dynamic, affected by price changes, promotions, seasonality, and many external factors. Effective demand planning is necessary to optimize manufacturing and distribution asset utilization; reduce the cost of finished goods inventory; and promote high customer service levels by minimizing stock-outs. Globalization The food industry long thought it was safe from the impacts of globalization. It reasoned that the barriers of transportation cost, shelf life, and consumer taste would protect its local Read More

Cart32 in Need of Duct Tape


With a gaping security hole, anyone using Cart32 can buy all kinds of stuff for free, or whatever price they feel like paying.

price realization  product. To change the price of a product being sold using Cart32, on the page that has the price, you simply save the HTML code on your hard drive, and edit the source. For example, if an item is priced at $119.00 you remove the 9 and the price becomes $11.00. This security hole is so easy to exploit, that any transaction systems that dump this information directly into a backend database without further inspection may have already lost ample revenue dollars due to this exploit. Market Impact With so Read More

HighJump Software Guarantees Fixed Prices


In addition to offering buyers a fixed price guarantee for upgrades to its SCE software, HighJump is challenging competitors to do the same.

price realization  guarantees an up-front fixed price for certain system upgrades that may occur within the first two years. Upgrade categories include maximizing worker productivity, facilitating collaboration with suppliers, enabling JIT and others that may be defined by the customer. To spark interest in the new insurance policy, HighJump is challenging prospective clients to compare the upgrade prices to those of its SCE competitors. As a marketing tactic, the fixed-price guarantee is a bold move that promises to raise Read More

Wine Producer Selects Vistaar to Manage Distributor Pricing


The Terlato Wine Group has announced that it selected Vistaar Technologies’ pricing solution to optimize distributor price management throughout its organization. Founded in 1955, Terlato is a leading importer, marketer, and producer of luxury wines that are sold across the globe, representing more than 50 brands spanning the world's finest wine regions, varietals, and styles. From

price realization  solution to optimize distributor price management throughout its organization. Founded in 1955, Terlato is a leading importer, marketer, and producer of luxury wines that are sold across the globe, representing more than 50 brands spanning the world''s finest wine regions, varietals, and styles. From what I understand, the company did a very thorough evaluation but there was really no competitive bake-off. Likely a quick search found that none of the other major pricing vendors has any live Read More

Creating an Effective Sales Catalog


An effective sales catalog is a key part of configure, price, quote (CPQ), because it makes it easier for salespeople to find products, select and configure the right product for their customers, and create quotes. Read these tips to guide you in creating a useful tool as part of an effective and efficient sales process.

price realization  key part of configure, price, quote (CPQ), because it makes it easier for salespeople to find products, select and configure the right product for their customers, and create quotes. Read these tips to guide you in creating a useful tool as part of an effective and efficient sales process. Read More

How One Vendor Parlays Price Variation into Profit Improvement Opportunities


Rather than sticking to such outdated and speculative pricing practices as "cost plus" or "meet competition," Zilliant suggests companies leverage data to determine how market price response varies, and use this holistic measure of price sensitivity to optimize pricing.

price realization  One Vendor Parlays Price Variation into Profit Improvement Opportunities Zilliant is a data-driven price management software provider that aims to help business-to-business (B2B) companies maximize revenue and margins using advanced price segmentation, optimization, and execution capabilities. To learn more, please see part one of this series What if Companies Could Use Science to Align Prices to Market and Maximize Margins? The Pricing Challenges that B2B Participants Face In narrowing down the key Read More

Seven Magic Questions: How to Improve Your Win Ratio by Selling Value Instead of Price


There are many consultative sales methods. Each has unique strengths and techniques, but they all try to focus on what matters to the customer. To improve your win ratio, there are seven questions you must first be able to answer.

price realization  Selling Value Instead of Price There are lots of consultative sales methods around. You may have been trained in one, or read a book about one that you particularly like. Each has its unique strengths and techniques. But they all have at least one thing in common. They try to get sales people to focus on what matters to the customer. You build sales momentum by demonstrating that you are delivering an important solution to an important problem. That is the essence of all these consultative methodologies. Read More