Large industries that provide solutions in a variety of fields ranging from shipping, entertainment, food services, technology distributors and more require a keen overhead when defining prices for products and services.
The challenge to remain competitive to retain clientele is critical at a time when competition with other business not only is dependent on customer service but on pricing as well. This is why it is important for organizations to analyze all aspects of their business frontier, accounted for end-to-end processes in order to make the best decisions.
JDA Pricing and Revenue Management enables companies the ability to analyze market conditions by region to determine purchasing patterns of customers as well as fine specifications about the products such as volume of specific products sold and pricing by location.
A business can create executable strategies through scenario based selling models that incorporate market statistics to maximize operations. Complex analytical engines compile large amounts data to streamline business data processing allowing financial professionals to shift their focus to more important processes like decision making.
JDA Pricing and Revenue Management will make an organizations pricing models far more effective against competition. Visibility into business processes is improved through a reporting model that details changing trends in revenue and profitability as referenced against current pricing models and market trends. JDA Pricing and Revenue Management has been known to help annual gross revenue increase up to 5% annually through solutions that range from optimizing pricing models through efficient forecasting as well as improving customer satisfaction through responsiveness to regional specific conditions.
Disclaimer: Storagepipe is a provider of data protection services for enterprise applications, and is not directly affiliated with the vendors of the third-party solutions mentioned on this site. For the most accurate information on the solutions mentioned here, please consult the original product vendor directly.