PriceCypher Modules Enable End-to-End Pricing Process Execution & Excellence

PriceCypher Modules Enable End-to-End Pricing Process Execution & Excellence

PRICECYPHER EXECUTION COCKPIT

Dynamic Price Recommendations for Sales

  • Custom-made models for different business entities (regions, business groups, channels)
  • Dynamic price recommendations based on customer price sensitivity and product pricing power
  • Based on historical transactional data combined with market intelligence and competitive trends
  • Intelligence made available in billing, quoting, CRM applications via IT free APIs

PRICECYPHER SCENARIO MANAGER

Algorithm Tuning to Meet Profit & Price Targets

event based model steering
  • Enables  sales and pricing managers to steer prices based on business targets and strategies (margin, conversion or volume)
  • A simulation console shows the impact of price changes on KPIs such as margin, volume and conversion
  • It is also possible to do price capping and create price guidelines which serve as boundaries for sales to operate within
  • Available as a simple web-interface to pricing managers and can be integrate into standard CRM applications

PRICECYPHER PERFORMANCE MANAGER

Business Performance & Algorithm Monitoring

  • Enables pricing managers to monitor price performance against budgeted or simulated business targets
  • Machine learning techniques enable the algorithm to continuously learn and adapt to ensure accuracy of predictions and realization of business targets
  • Available as a simple web-interface to pricing managers and can be integrated into standard CRM applications

THE PRICECYPHER DIFFERENCE

Reasons our clients keep coming back