If your prices are often much higher than those of competitors, or if your price increases are happening too quickly, you risk losing customers and market attractiveness. Symson’s Price Engine Solution helps you prevent this by applying business rules that ensure pricing remains competitive and customer-friendly. The process starts by writing down your pricing workflow and identifying the constraints currently applied to your price position. From there, you can begin automating your pricing process with business rules. If you’re unsure, our team is always happy to advise.What if your prices are much higher than your competition? What if your price increase rate is too accelerated? Such issues can push away customers and significantly affect your market attractivity. This can easily be corrected with the right business rules. When you write down your pricing process, take a look at what constraints are currently applied in the price position. This is the start of automating your pricing process via business rules.

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The exact rules depend on your pricing goals and processes. Symson’s Price Engine Solution allows you to implement common industry rules, such as price corridors, margin thresholds, or competitor-based adjustments, but also supports fully custom rules tailored to your company. Our experts can advise you on the best rules to reach your objectives.

Symson’s Price Engine gives you the best of both worlds. The system can automate your rule-based pricing to adapt quickly to market changes, while still leaving room for you to manually adjust prices or update rules whenever needed. Since markets, suppliers and competitors are constantly changing, this flexibility ensures your pricing remains agile and resilient.

Yes. Symson’s Price Engine Solution provides full control and flexibility over your pricing. You can create custom business rules aligned with your unique strategies, assign multiple approaches to product groups, and adapt your rules as your business evolves. This ensures your pricing engine supports your exact objectives rather than forcing you into a one-size-fits-all model.

Absolutely. Symson’s Price Engine works seamlessly with other modules in the platform, such as Dynamic Pricing, Competitor Pricing and Predictions. During onboarding, our team will analyse your pricing process and configure the right combination of modules to help you achieve your organisational goals. This integrated approach ensures that your pricing engine is part of a complete pricing strategy.

Symson’s Price Engine helps you protect margins by automating the pricing process, ensuring that prices are always aligned with your business rules and market conditions. By setting rules such as minimum margins, price change caps, and pricing ladders, you can automate pricing decisions while maintaining control over profitability. The engine continuously updates prices based on changing data, preventing manual errors that can lead to margin loss.

With Symson’s Price Engine, you can create a variety of pricing strategies tailored to your business needs. The Strategy Builder allows you to easily drag and drop business rules such as minimum margin, price rounding, discounts, and dynamic price adjustments. You can customise prices for specific product groups, regions, or customer types, ensuring your pricing is both competitive and profitable.

Symson’s Price Engine is designed for businesses of all sizes, from B2B to B2C, including manufacturers, wholesalers, and distributors. Whether you're managing regional pricing, customer-specific pricing, or complex multi-channel pricing, Symson’s system can handle diverse needs and scale as your business grows. It's particularly beneficial for businesses seeking to automate and optimise pricing strategies without losing control over key pricing factors.

Setting up pricing rules with Symson is straightforward. Using the Pricing Strategy Builder, you can easily create your own pricing strategies by selecting from a wide range of business rules such as minimum margin, price caps, discounts, and psychological price tactics. The system also supports integration with ERP and e-commerce platforms, allowing you to import and export data seamlessly. You can even connect Symson’s Price Engine to external data sources like competitor prices to make more informed decisions.

Absolutely. Symson's Price Engine is built to handle large product catalogues and complex customer groups. Whether you're managing pricing across multiple regions, marketplaces, or customer segments, Symson ensures that pricing remains consistent and automated across all channels. The engine’s flexibility allows you to scale up as your business grows, ensuring smooth pricing management without the need for manual intervention.

If you're looking to automate pricing, optimise margins, and gain full control over pricing strategies, Symson’s Price Engine is a great fit. It’s especially valuable if you're dealing with complex pricing scenarios like multi-regional pricing, customer-specific pricing, or managing large product catalogues. Symson can help eliminate manual pricing errors, improve pricing accuracy, and provide real-time market intelligence. Schedule a demo to see how Symson can tailor its pricing solutions to meet your unique business needs.