B2B Profit Optimization Software Reviews and Ratings
What is B2B Profit Optimization Software?
Profit optimization solutions enable an organization to efficiently manage and optimize the price of its goods and services and offer and manage off-invoice rebates that incentivize desirable customer behaviors. Profit optimization solutions often integrate with, but are considered separate from, configure, price and quote (CPQ) applications. Salespeople use CPQ to capture and negotiate transactions. Profit optimization solutions are used primarily by back-office product management, sales operations, pricing management and deal desk teams. Although, the outcomes and recommendations are surfaced in sales-channel-specific tools such as CPQ.
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The company's primary focus is providing robust B2B pricing and selling strategies to global manufacturers and distributors for over two decades. It ensures predictable and profitable outcomes by deploying advanced technology coupled with a solid pricing transformation process, which is executed by skilled professionals.
IMA360 specializes in offering AI-powered solutions aimed at optimizing profits. Their focus areas include Pricing, Rebates, Promotions, Ship & Debit, and Royalty. The solutions are pre-configured and are accompanied by a Collaboration Portal for each industry to diminish complexity. Boasting simplicity, scalability, and performance, their AI-powered solutions can be implemented swiftly in any public cloud given its cloud-agnostic nature. Coupled with the existing Enterprise Resource Planning systems, these solutions can provide real-time visibility into the profitability of specific deals at the time of customer quotes or contract negotiations. This promotes clarity and efficiency across teams by maintaining visibility of the same data points. Additionally, IMA360 takes charge of optimization, budgeting, and execution of pricing and off-invoice adjustments. Historical data is leveraged to forecast future sales and devise strategies for competitive scenarios by considering factors like price elasticity and inventory position. The system can suggest the optimal price considering off-invoice adjustments pertinent to customers and materials. The solutions are tailored to suit each business's unique challenges, factoring in the company data, processes, culture, and competitive landscape.
PROS is a company listed on the NYSE under the ticker symbol PRO. The firm specializes in providing Smart CPQ and AI-based solutions that promote growth through digital selling and eCommerce channels. These solutions offer predictive and prescriptive guidance, thus enabling businesses to dynamically price, configure, and sell their products and services with speed, accuracy, and consistency across diverse channels. The company capitalizes on years of data science expertise infused into its industry solutions to serve customers who are market leaders in their respective fields.
MARKT-PILOT offers a SaaS-solution for automated market-based parts pricing for machine manufacturers all over the world. By providing transparent market price research for whole spare parts portfolios and price recommendations, MARKT-PILOT enables machine manufacturers to gain market insights, enhance their sales, profit and customer satisfaction.
The company's primary focus is providing robust B2B pricing and selling strategies to global manufacturers and distributors for over two decades. It ensures predictable and profitable outcomes by deploying advanced technology coupled with a solid pricing transformation process, which is executed by skilled professionals.
Periscope by McKinsey® is a platform that provides intellectual property, prescriptive analytics, and cloud-based tools along with expert support and training. The platform is designed to help businesses drive growth by offering a variety of Marketing & Sales solutions. These solutions aim to accelerate commercial transformation within an organization. The company utilizes its leading intellectual property and high-quality technology to provide visibility into Big Data, actionable insights, and new work methodologies that can result in lasting performance enhancements. The platform includes Insight Solutions, Marketing Solutions, Customer Experience Solutions, Category Solutions, Pricing Solutions, Performance Solutions, and Sales Solutions. The company operates in 26 locations across 16 countries, consisting of more than 400 IT and business professionals along with a network of over 300 experts.
Pricefx AG, founded in 2011, is a German firm that specializes in the provision of comprehensive price management and CPQ SaaS solutions. The firm develops its suite built on cutting-edge native cloud architecture, providing support for all stages of price management, including strategy creation, control, setting, and realization. Catering to both B2B and B2C clients across numerous industries, Pricefx's platform is designed to address the unique pricing needs of commercial establishments of any size and location. The company's mission is to become a top SaaS pricing solution provider through a flexible, inexpensive, and comprehensive tool that is easy to implement and risk-free. The business model is centered around customer satisfaction and loyalty.
The company's primary focus is providing robust B2B pricing and selling strategies to global manufacturers and distributors for over two decades. It ensures predictable and profitable outcomes by deploying advanced technology coupled with a solid pricing transformation process, which is executed by skilled professionals.
The company's primary focus is providing robust B2B pricing and selling strategies to global manufacturers and distributors for over two decades. It ensures predictable and profitable outcomes by deploying advanced technology coupled with a solid pricing transformation process, which is executed by skilled professionals.
The company's primary focus is providing robust B2B pricing and selling strategies to global manufacturers and distributors for over two decades. It ensures predictable and profitable outcomes by deploying advanced technology coupled with a solid pricing transformation process, which is executed by skilled professionals.
Conga is a B2B software solution provide whose contract lifecycle management (CLM); configure, price, and quote (CPQ); document generation; electronic signature; subscription management; and other associated solutions drive predictable revenue by aligning processes, teams, and technology under a unified data model throughout the revenue management lifecycle.
Conga is the aggregate of two SaaS providers, Conga and Apttus. Conga was originally founded to prove what was possible in the space of digital documentation, while Apttus was an innovator in quote-to-cash (QTC) solutions. On May 7, 2020, the companies merged with the goal to provide a comprehensive solution offering to manage the revenue lifecycle. Today, Conga’s global operations span North America, Europe, and Asia.
SPOSEA operates in the technology industry with a focus on price optimization, management, deal management, analytics, reporting, and rebate management. Its primary product is the BrightPrice Suite, a next-generation pricing solution that is used globally. The BrightPrice Suite is designed for seamless integration with the SAP ERP system and boasts robust features which avoid duplicating functionalities and need minimal ETL (Extract, Transform, Load) effort. Additionally, SPOSEA provides Pricing Consultancy and Transformation Services, leveraging in-depth industry knowledge to aid businesses in achieving their pricing excellence objectives. Its comprehensive, customer-focused approach sets it apart in its field.
Vistaar is a software as a service (SaaS) provider that specializes in facilitating the optimization of pricing, promotion, configuration, and rebate management for various industries. The company's solutions harness the power of predictive models and machine learning to facilitate profitable growth. Vistaar operates globally, with offices located across North America, Europe and Asia.
MARKT-PILOT offers a SaaS-solution for automated market-based parts pricing for machine manufacturers all over the world. By providing transparent market price research for whole spare parts portfolios and price recommendations, MARKT-PILOT enables machine manufacturers to gain market insights, enhance their sales, profit and customer satisfaction.
Vistaar is a software as a service (SaaS) provider that specializes in facilitating the optimization of pricing, promotion, configuration, and rebate management for various industries. The company's solutions harness the power of predictive models and machine learning to facilitate profitable growth. Vistaar operates globally, with offices located across North America, Europe and Asia.
Zilliant helps companies put pricing at the heart of their business by managing the entire pricing lifecycle with CPQ, Price Management & Optimization, and Revenue Intelligence applications. At Zilliant, we believe companies must manage the entire pricing lifecycle, from strategy to execution. Zilliant's approach to pricing and revenue solutions focuses on the specific needs of manufacturing and distribution customers, delivering industry expertise, end-to-end solutions and strategic AI use.
Zilliant helps companies put pricing at the heart of their business by managing the entire pricing lifecycle with CPQ, Price Management & Optimization, and Revenue Intelligence applications. At Zilliant, we believe companies must manage the entire pricing lifecycle, from strategy to execution. Zilliant's approach to pricing and revenue solutions focuses on the specific needs of manufacturing and distribution customers, delivering industry expertise, end-to-end solutions and strategic AI use.
Vistaar is a software as a service (SaaS) provider that specializes in facilitating the optimization of pricing, promotion, configuration, and rebate management for various industries. The company's solutions harness the power of predictive models and machine learning to facilitate profitable growth. Vistaar operates globally, with offices located across North America, Europe and Asia.
Focusing on value-based pricing, the company aims to assist organizations in preventing value leakage and fostering customer loyalty. The solutions and services provided utilize advanced prescriptive analytics frameworks. This approach draws from the more than 17 years of experience in the price optimization industry from the company’s founder.
Dealcode AI is a tool designed to streamline the sales process for organizations across various sectors such as manufacturing, engineering, IT and consulting. Its primary function is to automate the cold calling procedures and construct efficient schedules for sales teams. By leveraging artificial intelligence, Dealcode helps in identifying high-priority customers, understanding their preferences, and predicting the probability of deal closures and potential risks. The implementation of Dealcode's software can lead to an elevation of the closing rate by up to 30% in B2B sales operations.
Gartner Research
Features of B2B Profit Optimization Software
Mandatory Features:
Pricing analytics: Use visual charts and graphs to understand trends and patterns in pricing.
Deal desk: Handle requests for an exception to the standard deal terms.
Long-term deal negotiation: Enable sales people to negotiate a long-term deal that defines how the vendor and customer will do business across multiple transactions.
Long-term deal optimization: Use AI to recommend a long-term deal that optimizes desired behaviors by the customer.
Price execution: Calculate the prices for a transaction or long-term deal.
Transaction price optimization: Use AI to understand a prospect’s willingness to pay and recommend a price or discount level.
Rebate management: Define rebate schedules that reward a customer for desirable behaviors over time. Track compliance and calculate the rewards.
List price management: Define pricing strategies and calculations to generate new price lists from desired costs and margins.