Optimize margins by transforming your approach to pricing

Explore how the pricing option for SAP Data Maintenance for ERP helps you manage complex, on-order pricing from agreement initiation to buy-side and sell-side analytics by gaining visibility into the complex pricing scenarios that you offer to customers and channel partners. Descargue el documento

Solution brief |SAP Data Maintenance for ERP by Vistex, pricing optionOptimize margins bytransforming yourapproach to pricingQuick factsBenefitsSolutionObjectives
There’s a smarter, more efficient way to manage pricingChances are, you don't know your true margin on products—and for good reason. Most pricingscenarios are complex, policies are not systematized, and decision-makers lack the tools toanalyze and fully understand what’s driving their margins. It’s time to transform your pricingwith SAP solutions.Success starts by gaining visibility into the complex pricing scenarios thatyou offer to customers and channel partners. The pricing option for theSAP Data Maintenance application for ERP by Vistex gives you this visibilityand empowers you to effectively manage even the most complex pricingchallenges, simply and reliably, for sustained margin improvement.Designed to run on premise or in your private cloud, it provides centralizedsupport for price administration, deal management, price execution, priceanalytics, and pricing science. It empowers you to understand the trueprofitability of your products at their selling price, determine and updateprices swiftly and at scale, and push prices to your pricing system. And byautomating administration tasks and using formulas to derive optimalprices, it saves your organization time.2 | 9Solution Quick factsBenefitsObjectives
Make pricing policy more intelligentDigital transformation creates a wealth of data that canbe used to make your pricing policy more intelligent.SAP Data Maintenance provides analytical tools to harnessthese data sources, creating innovative ways of analyzingand executing pricing models.For example, you can analyze and execute new pricingmodels (such as subscriptions and usage-based pricing)in a way that aligns pricing policy with corporate strategy.You can better manage risk and exploit opportunities—forexample, by focusing on the likelihood of reaching the nextpricing tier and its impact on margin. And you can integratemarket intelligence into decisions by, for instance, uncoveringpatterns and trends indicating potential market conditionswell before they fully emerge. The application also helps you: Determine price corridors and establish pricing policies Systemize pricing policy intelligence Optimize volume and margin objectives Run formulas and calculations to evaluate the profitabilityof pricing programs Quickly adapt prices to market movements—for example,by analyzing commodity costs or price indexes anddetermining updated pricing for kits and bundles basedon their actual bill-of-materials component costs orprices3 | 9Quick factsBenefitsSolutionObjectives
Efficiently manage complexon-order pricingThe pricing option for SAP Data Maintenance for ERP helps you managecomplex on-order pricing, from agreement initiation to buy-side and sell-side analytics. It includes user-friendly layouts and intuitive functionalitythat help you adjust prices without delay, execute mass pricing updates,automate maintenance of pricing and effective dates, and more, reducinghours of manual processes. This saves you time and frees up resourcesto use the software to: Quote with accurate pricing Offer customer- and segment-specific pricing Manage promotions at the time of an order Execute consistent pricing across channels and customer types Enable e-commerce and field force solutions with real-time pricing data Predict the profitability of promotions Control offer stacking, discounting, and usage Track the performance of promotions4 | 9Objectives Quick factsBenefitsSolution
Administer and communicate pricing efficientlyTo prevent errors while maintaining prices in your orderentry or materials management system, you need the visi-bility to review proposed pricing adjustments, the tools tomake informed pricing changes, and an efficient way toenter pricing updates into your system.Using the comprehensive price administration and work-flow tools in SAP Data Maintenance, you can perform massmaintenance of pricing and effective dates, validate pricingaccording to business-defined price policies, and conductand track reviews and approvals. The application also makespricing administration easier with user-defined formulasand logic to help you derive sales prices from other prod-ucts (from the same or a similar product family), commod-ity costs, consumer price indexes, or costs of bills-of-materials components. As a result, you can: Know the right price to pay for purchases Set prices according to policies using in-app toolsand automation Implement mass price changes automatically Set prices of related products using formulas Control approvals with automated workflows Publish quickly to SAP S/4HANA, websites, and price books Communicate discounting guidance to sales teamsto win deals without losing margin5 | 9Figure: SAP Data Maintenance for ERP by Vistex, pricing optionObjectives Quick factsBenefitsSolution