PROS is present in 2 markets with 2 products. PROS has 61 reviews with an overall average rating of 4.4.
B2B Profit Optimization Software (Transitioning to B2B Pricing and Rebates Optimization)
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.
PROS has 1 product in B2B Profit Optimization Software (Transitioning to B2B Pricing and Rebates Optimization) market
Configure, Price and Quote Applications
Gartner defines configure, price and quote (CPQ) applications as software that enables sales organizations to automate and optimize the creation of quotes and capture of orders. A CPQ application is a sales tool that captures the new goods and services a customer wants to buy or the changes a customer wants to make to existing goods and services. While generally focused on assisted sales channels, CPQ capabilities such as product configuration and pricing must be shared with the self-service commerce channel. The new purchases and changes must be priced, and a binding contract must be formed with the customer before sending an order to downstream fulfillment systems.
PROS has 1 product in Configure, Price and Quote Applications market