Budgeting, Planning & Forecasting

Budgeting, Planning & Forecasting

October 07, 2010

PROS Enhances B2B Pricing and Margin Optimization Software

PROS, a provider of business-to-business pricing and margin optimization software, announced enhancements to its PROS Pricing Solution Suite or “PPSS.”

The PROS Pricing Solution Suite allows customers to utilize a set of integrated software tools and supporting services based on three primary modules, including Scientific Analytics, Price Optimizer and Deal Optimizer, the company said.

The latest version of PPSS is developed in collaboration with its growing list of Fortune 2000 customers. The software delivers new and upgraded capabilities that further increase profitability, accelerate time-to-value, and reduce total cost of ownership, company officials said.

Users are able to make changes quickly and easily through the PROS user interface, ensuring that customers can conduct pricing implementations at the speed of business.

PROS has further enhanced the capability for customers to predict and anticipate competitor pricing moves, resulting in more accurate, targeted price setting to guard market share, the company said.

The new software also provides seamless user experience for Salesforce.com (News - Alert) users. PROS software enables Salesforce.com users to generate quotes even more quickly with instant access to targeted, account-centric price guidance. They can quickly apply changes and generate an optimal new quote instantly.

Companies, including high-tech manufacturers, can automatically update price changes for products that feature configurable components. It also provides greater support for field sales negotiations.

Using PROS, sales reps can submit and receive deal approvals via the iPhone (News - Alert), along with offline deal pricing insights that now include customer cash flow performance.

"Our mission is nothing short of total customer success, and these enhancements will create profound value for PROS customers," Andres Reiner, PROS executive vice president, said.

Recently PROS announced that Navistar Parts, an affiliate of Navistar, has selected PROS as a key enabler to support its profitable growth initiative. Navistar will leverage all three advanced pricing modules incorporated in the PROS Pricing Solution Suite, including Scientific Analytics, Price Optimizer and Deal Optimizer.

Rajani Baburajan is a contributing editor for TMCnet. To read more of Rajani's articles, please visit her columnist page.

Edited by Stefania Viscusi

blog comments powered by Disqus