Price Management
Evaluate all programs and rebates to determine true profitability
Price Setting
Maintain and improve pricing more efficiently and intelligently.
Price Execution
Determine the correct price for purchasable products more simply and easily.
Price Intelligence
Establish true margin and Gross-to-Net information by evaluating pricing, incentives, and revenue-sharing programs.
Price Setting
To avoid pricing errors in order entry, quoting or ecommerce systems, a solution is needed that allows you to make price changes efficiently, providing the visibility to review proposed changes and evaluate the impact of discounting on margins. Vistex solutions for price management provide price-setting tools that enable customers to perform mass maintenance of pricing and effective dates, validate pricing according to business-defined price policies, calculate Gross-to-Net margin inclusive of rebates and other incentives (that can be separately managed in other Vistex solutions) and conduct and track reviews and approvals with comprehensive workflow tools.
The solutions also make price setting more straightforward and consistent with features that import and manage commodity prices (costs) or price indices (benchmarks), automatically update your pricing through user-defined formulas and logic, and define bills of materials, kits and configurable product rules for CPQ options.
Accomplish more
Maintain and improve pricing more efficiently and smarter with essential tools
Gain visibility into complex promotions and pricing at the time of sale with variable qualifications
Approve and validate pricing systematically without duplication
Automatically update records with mass maintenance of pricing and effective dates
Gain full visibility from time of sale into deal management with multiple products
Price Execution
Some prices are set explicitly, while others are derived dynamically using formulas. Formulas accelerate price maintenance but introduce complexity in determining pricing for every product and customer. The Price Execution component of the Price Management module by Vistex involves deriving or calculating precise pricing based on pre-defined rules and real-time needs.
Pricing complexities grow as factors like regional basis prices and various product packaging sizes require more derivation to determine customer-specific product pricing. Vistex solutions for price execution handle these scenarios seamlessly, capturing the formulas and logic of the pricing models and determining dynamic prices as needed for quotation, ordering and analyses.
Accomplish more
Determine the correct price for products simply and easily
Conduct and track reviews and approvals
Create price proposals for review and publishing
Communicate prices from catalogs and price lists (complete or delta catalogs)
Ensure that set pricing strategies are generating the expected revenue while maintaining healthy profit margins
Consistent pricing across all channels helps build trust and avoid confusion for customers
Determine the correct price for products simply and easily
Conduct and track reviews and approvals
Create price proposals for review and publishing
Communicate prices from catalogs and price lists (complete or delta catalogs)
Ensure that set pricing strategies are generating the expected revenue while maintaining healthy profit margins
Consistent pricing across all channels helps build trust and avoid confusion for customers
Accomplish more
Analyze the true margin of products or complete offers
Make data-driven decisions about pricing strategies
React quickly to external factors like competitor actions, economic changes or shifts in supply and demand remaining flexible and responsive
Deploy ”what if” scenarios that boost profitability
Understand how customers respond to different pricing levels to enable pricing strategies to meet demand, optimize sales and improve customer satisfaction
Deploy ”what if” scenarios that boost profitability
Understand how customers respond to different pricing levels to enable pricing strategies to meet demand, optimize sales and improve customer satisfaction
About Go-to-Market Suite®
Vistex Go-to-Market Suite® (GTMS®) is an enterprise-class, modular-based application that helps drive revenue, control spend and influence behavior. GTMS is specifically designed to offer unprecedented visibility into program performance, providing unparalleled insight into the management of entire programs, and provides end-to-end insights into overall program effectiveness while driving topline revenue and improving bottom line profit.
GTMS Cloud Modules
Make more informed decisions to
maximize trade program performance.
Save time and earn more from your
intellectual property and artistry works.
Maximize cost recovery programs and
find opportunities for revenue growth.
Effectively manage incentive compensation, drive
behavior and improve performance.
Price Management
Drive prices, determine true profitability, and
gain a holistic view of your pricing programs.
Automate, streamline and gain end-to-end visibility for revenue management with GTMS
Eliminate errors with a single source of truth so analysis is straightforward and innovation is possible
Support programs with flexibility and a “future-proof” design for a competitive edge
Gain end-to-end transparency to program performance capturing every impact on revenue and margin
Scalable and performance-tested at the world’s largest enterprises across multiple industries
Reduce financial, audit and compliance complexity with deep functionality around financial controls
Deployment
Vistex Go-to-Market Suite integrates with any ERP and manages and analyzes your margins on both the buy- and sell-side. It offers real-time insights into program performance and provides a clear picture of how programs impact your financial, marketing and sales functions.
Cloud for any ERP
ERP agnostic revenue
management software
Enterprise-class
modular-based application
Interfaces with any ERP provider including SAP, Oracle, Microsoft, Epicor, Infor and more
Wondering where to start?
Everybody has questions about integrating and enhancing enterprise solutions into their existing environment. Connect with our experts to get more information about what steps to take to for your particular situation.
Manage growth, revenue and cost control programs to increase profitability. Plan, execute and analyze the effectiveness of complex programs.
Let’s talk integration!