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At the heart of pricing configuration is a company’s ability to manage pricing at three levels: the industry price level, product/market strategy level and the transaction level. Each of these levels builds upon one another in a cascading manner. Cincom Pricing Configuration provides best practices to handle the execution and enforcement of pricing through each of these areas to maintain price integrity and margin control.
Pricing Configuration Benefits and Opportunities:
- Reduce unit costs by more accurately pricing options with base product designs.
- Increase the accuracy of pricing with resultant reduction for billing cycle times.
- Reduce overall quoting errors to produce more accurate quotes leading to increased quantity of sales processed.
Suggested resource material:
Improving Procurement Performance When Buying Transit Capital Equipment - An Executive Summary
Learn how the transit-bus industry can use pricing configuration technology to solve several problems including how to solve the price/cost dilemma, while simultaneously introducing technological innovations to the transit stakeholders.
Cincom Sales Configuration Management
Our pricing configuration management offers the best of both worlds - an out-of-the-box interactive selling solution coupled with an extensible expert system known as Cincom Socrates®.
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