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#29

Pricefx is ranked #29 in the Machine Shop Quoting Software product directory based on the latest available data collected by SelectHub. Compare the leaders with our In-Depth Report.

Key Features

  • Pricing Analytics: Gain actionable insights, identify opportunities and optimal margins, and observe product- and region-based performance through segmented dashboards and visualization tools. Pull product, customer and transaction data by leveraging integrations with third-party solutions. 
  • Price Management: Create dynamic price lists and automatically recalculate costs according to predefined triggers. Measure pricing impact on customers and competitors through simulation tests. 
  • Price Optimization: Increase sales, market share and profits with AI-enabled tools. 
    •  Manage complex discounts and customer-specific deals. 
    •  Set region-specific pricing strategies. 
    •  Exercise complete control over shipping and debit claims. 
    •  Calibrate accurate prices by deriving insights from customer data. 
    •  Implement discount models and re-pricing structures according to product and customer segmentation. 
    •  Manage end-to-end incentives. 
    •  Set predefined pricing, discount workflows and automated data flows. 
    •  Extract past pricing data from ERPs. 
    •  Set deal guidance that bases costs on real-time deal scoring and willingness-to-pay. 
    •  Provides commitment tracking and compliance. 
    •  Receive net margins, contracts and competitive pricing models. 
    •  Mass update price lists across multiple channels like customers, locations and product categories. 
    •  Use AI-based optimization to set segmented price settings and guardrails. 
    •  Uncover profit drivers for transactions, products, sales reps and clients. 
    •  Set up omnichannel, value-based pricing across digital and retail stores. 
    •  Automate price changes based on markdowns, promotions or market anticipation. 
    •  Leverage a comprehensive view of profitability and net costs while setting discounts and prices. 
    •  Manage pricing, quotes and rebates in a unified, interconnected system. 
  • Quote Management: Respond to customer requests faster with error-free quotes and configurations. 
    •  Automate approval workflows and quoting processes, and integrate them with existing CRMs. 
    •  Generate transparent, targeted pricing through the quoting system. 
    •  Gain an overview of profit reducers while quoting. 
    •  Leverage automated negotiation and deal modules. 
    •  Provide sales reps with optimal price guidance for customer and product combinations. 
    •  Pinpoint underperforming quotes through granular root cause analysis. 
    •  Calculate, monitor and implement discounts from a centralized system. 
    •  Dispense supervised sales autonomy with overrides in place. 
  • Market Analysis: Navigate market fluctuations and gain insights into products, customers and profits. Identify products that need actions because of margin leakages, cost changes and other internal and external factors. 

Suite Support

mail_outlineEmail: [email protected]. Or, access the live chat widget or fill out a form to contact the vendor.
phonePhone: Contact +1 (855) 739-3696 for the USA and +49 1805-7393696 for Germany in case of a Severity Level 1 issue.
schoolTraining: The vendor provides training resources like documentation, FAQs, user guides and community forums. Visit the “learning center” tab to access analyst reports, articles, ebooks, podcasts, case studies, videos and webinars.
local_offerTickets: Visit the provider hub to submit a support request with the appropriate severity level designation.