AI-Powered Price Management

Coupled with PROS, the customer is poised for a future where precision in pricing meets the power of insights.

Problem/Background:

‍The customer is a prominent global leader in healthcare, providing a comprehensive range of solutions. However, managing prices using Excel and SAP ERP has proven to be labor-intensive and challenging. The existing SAP setup restricts their ability to handle discounts effectively by product, customer, and GPO. Efficiently managing rebate programs, tracking customer performance, and accurately calculating accruals and commissions have also become significant hurdles.

Solution:

‍To address these challenges, the customer is embarking on a transformational journey with the assistance of PROS. The integration of AI-driven automated pricing methods is set to revolutionize their price management approach. This cutting-edge solution leverages artificial intelligence to optimize pricing strategies, ensuring competitiveness while maximizing profitability. Additionally, the customer will gain access to enhanced data visualization tools, allowing them to view the outcomes and impacts of their initiatives through intuitive charts and graphs. This visual representation will empower them to swiftly discern complex data patterns and trends, fostering strategic insights and informed decision-making.

What We Expect for the Customer in the Future:

‍With the implementation of AI-driven pricing methods and advanced data visualization, the customer anticipates a future where price management becomes streamlined and efficient. They expect to achieve greater competitiveness while maintaining profitability. The ability to visualize complex data patterns will lead to enhanced strategic insights, empowering them to make data-driven decisions swiftly. In summary, the customer is poised to enter a new era of informed and efficient business practices, ensuring they continue to excel in the healthcare solutions industry.

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