Pricefx is the pioneer of cloud-based pricing software including price management, price optimization, and CPQ solutions. Our solutions are highly configurable to suit any industry and pricing strategy and can be implemented quickly with no upfront investment or risks.
Our suite includes:
PriceAnalyzer: Gain accurate insights into your pricing, margins, customer, and product segments while analyzing and identifying pricing opportunities.
PriceOptimizer: Analyze and generate segment-specific optimized pricing and push it to your price lists, CPQ, ERP, and Digital Commerce systems.
PriceBuilder: Define and manage your pricing strategy and calculate, simulate and publish all types of product prices.
PromotionManager: Manage promotions, discounts, campaigns, and special pricing, at any level of complexity, from one place.
QuoteConfigurator: Empower your sales team to respond to requests faster, quote with high accuracy and confidence, and win more deals.
RebateManager: Create, calculate, track and manage rebates, bonuses, and credits while integrating with your accounting system.
PlatformManager: Integrate Pricefx’s suite of solutions with most third-party systems and enable bi-directional exchange of master and transactional data.
ChannelManager: Eliminate complex claims and ship & debit processes. Validate your distributor claims management with speed and accuracy.
Eduardo S.
Advanced user of Pricefx
★★★★★
Experiencing PriceFX has been a rollercoaster, it has it's ups and downs.
What do you like best?
It's easy to learn and to implement which empowers you to do pricing, erasing the workload of excel files. For starts, as an example, the price list creation vs the market dynamism makes pricefx a helpfull tool on creating possible price list to help you decide the path to go into. Then, contracts/quotes gives you the capability to guideline your commercial team so they can follow with the accountability on workflow and hierarchies approval. Finally, the possibilities on analysing your data (not only from PriceFX but the data that you feed into PriceFX) via dashboards (make-your-own) is a real asset withdrawing you work on managing excel files and also giving the company access to your reports which ultimatly ends with a better pricing.
What do you dislike?
Regarding the tool, it has limits on programming (even if it's a blank canvas) like perfomance wise as also in not having full possibilities of java/groovy.
About user friendly, it is, but still lacks some features at input and layout level.
Recommendations to others considering the product:
In my experience and consider that we went into full planning and implementation during COVID (lockdown). I guess this constraint impacted what we could perceive as valid options and the pros and cons of those options, making us sometimes unable to notice future problems or limits when programming our business idea. This was caused because the teams (company and Price Fx) were not together planning and executing. It took time from both sides that could be a lot more efficient otherwise (the company team would have had a better understanding of the tool limits, and the Price Fx squad would have had a better comprehension of the business idea). Bottom line, time is essential, but do not start building your concept before an accurate and valid implementation idea. Agile is the new "bible" on project implementation (sometimes it will cost you time, moving back and forth). A bottom-up analysis needs to happen so you can be consistent. If it were simple to program, excel would solve it.
What problems are you solving with the product? What benefits have you realized?
Creating price lists, pricing policy implementation, client's price negotiation, data analysis, simulations.
Review source: G2.com
