KEY MODULES

PriceCypher serves 3 main  pricing functions – Price Execution, Price Steering & Monitoring. 

PRICE RECOMMENDATION COCKPIT FOR SALES TO NEGOTIATE PROFITABLE DEALS

  • Visualisation of Dynamic Price Recommendations for sales to negotiate profitable deals
  • Based on historical transactional data combined with market intelligence and competitive trends
  • Based on custom-made ML Price models that are differentiated depending on different dynamic regions, business groups, channels etc
  • Factoring in customer price sensitivity, negotiation aggressiveness, product pricing power, demand elasticity many other price drivers
  • Intelligence made available in desired format and can be integrated into all standard Billing, Quoting, CPQ, CRM, Excel  applications via IT-free APIs

MARGIN & CONVERSION OPTIMIZATION TO GAIN PRICE AGILITY & STAY AHEAD OF COMPETITION

  • Module to Steer Pricing to meet market needs and business objectives
  • Used by Pricing & Business Manager to use pricing as a level to margin, revenue, conversation, Share of Wallet goals set by management
  • Can Simulate pricing scenarios and assess value impact on key business KPI of different scenarios
  • Can execute changes to the pricing model based on pricing scenario selected
  • Available as a simple web-interface only for senior management and can be integrate into standard CRM applications

MARGIN & CONVERSION OPTIMIZATION TO GAIN PRICE AGILITY & STAY AHEAD OF COMPETITION

  • Module to Steer Pricing to meet market needs and business objectives
  • Used by Pricing & Business Manager to use pricing as a level to margin, revenue, conversation, Share of Wallet goals set by management
  • Can Simulate pricing scenarios and assess value impact on key business KPI of different scenarios
  • Can execute changes to the pricing model based on pricing scenario selected
  • Available as a simple web-interface only for senior management and can be integrate into standard CRM applications

PRICE PERFORMANCE MONITORING & MARGIN MANAGEMENT FOR CONTINUOUS IMPROVEMENT

  • Module to monitor Price, Price Potential, Margin, Volume, Conversion and other key KPIs against set objectives set
  • Includes detailed views of price potential in the entire business landscape that can be drilled to different levels of granularities
  • Used by Pricing & Business Managers to assess the effectiveness of pricing strategies and pricing algorithm
  • Shows key algorithm drivers and performance metrics such as bias, MAE, MAPE etc to ensure that the price algorithm is running within agreed limits
  • Available as a simple web-interface only for senior management and can be integrate into standard CRM applications

GETTING STARTED

In 3 simple steps, anyone can get started on a journey to dynamic pricing & margin improvement.

PRICECYPHER TECHNICAL INFRASTRUCTURE

PriceCypher offers a secure, powerful & flexible solution for integrating Pricing AI into operations.

TECHNOLOGY STACK

  • Build on open source technologies with no proprietary licenses
  • Based on the Laravel and Open API frameworks
  • PC machine learning models are Python based

HOSTING OPTIONS

  • Can be hosted on any mainstream platforms; AWS, Azure, Digital Ocean and Google Cloud Platform
  • On-premise hosting is possible as a standalone Docker container

DEPLOYMENT

  • Software and model deployment via developments pipelines
  • Deployed as a Git controlled Docker container on Kubernetes via Travis CI

SECURITY

  • Build around security by using high encryption standards
  • 2 Factor Authentication as standard

OTHER BENEFITS

Out customers love these features and keep coming back for more

READY TO START YOUR PRICING EXCELLENCE JOURNEY?

Request a Demo & Free-Trial