Automate your pricing process
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A seamless integration with your favourite systems.
The pricing engine brings many useful features to help you with automating your pricing process.
Do you want to unlock your pricing potential and learn more? Schedule a call with a consultant and book a 20 minute brainstorm session!
Out of the box tools delivered by our pricing engine.
Before deciding on the optimal pricing strategy, price-determining factors need to be evaluated. Is cost a primary decision-making factor? Opt for a cost-based strategy. Should competition also be taken into account? Gain insight into your most important pricing parameters and combine different strategies with SYMSON’s Pricing Strategy Builder.
Pricing business rules reflect prior information of the user and are valuable assets for price optimisation. Used correctly, these rules improve the pricing process and provide a more holistic pricing solution. Get started with the Price Engine by following three easy steps:
Write down the current constraints that are applied in your current pricing process. We at SYMSON are happy to help you set it up.
Assign desired business rules to product groups and market segments. You can configure these rules per customer group in SYMSON. Once the setup is done, your pricing will be handled entirely by the software.
Look through the results of the strategy you have created, evaluate the results and export the data from the SYMSON API.
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Got a question? We're here to answer! If you don't see your question here, drop us a line on our Contact Page.
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.
Unsure at any point? We are always happy to help.
It really depends on your pricing process and your goals.
…..but it is also possible to make custom rules! We can also advise you on that.
We know the world and the market are continuously changing. New suppliers or competitors can always pop up. As such, your pricing process should be flexible enough to accommodate the constant flow of changes, and SYMSON offers you the ability to adjust and configure business rules by yourself when needed.
Yes! SYMSON gives you full control over your pricing process. You can assign multiple strategies to your product groups and adjust your business rules to meet your objectives.
Absolutely! During the demo and setup, our onboarding team analyses your pricing process and provides the right combination of propositions to achieve your organisational goals.
