It elevates your ability to handle more complexity in your pricing. It gives you the power to use a combination of discount based components, such as dollar or percentage off based on volume breaks or total spend, and upcharge components like freight charges.
Automating this activity with price management software reduces the risk of margin erosion.
Price management delivers accurate pricing decisions and real-time pricing updates
With price management software, your Sales team are able to make the right decisions when it comes to discounting products to win a new customer.
With pre-planned price discounts already in the system, a Salesperson can select available discounts as they enter the order. They no longer have to rely on remembering what discounts are available and when they can apply them.
Price management software also reduces the amount of time your team spends on pricing administration.
Any changes to your pricing rules or promotional and customer pricing, can be made quickly and are applied immediately.