Alliance Organization:
PROS
On the Web:
www.prospricing.com
Overview:
Accenture and PROS, a leading pricing software vendor, are teaming to deliver innovative pricing capabilities. This alliance allows us to more effectively deliver joint solutions to help our clients with strategic pricing transformations.
PROS is a leading provider of pricing and revenue optimization software. Founded in 1985, it delivers pricing and revenue optimization software to customers in a variety of industries. The company's products support pricing decisions through the aggregation and analysis of enterprise application data, transactional data and market information.
PROS’s core offering is the PROS Pricing Solution Suite (PPSS), a set of integrated software products that lets enterprises apply pricing science to determine, analyze and execute optimal pricing strategies. The product suite consists of pricing analytics, price optimization and deal optimization software.
Value Statement:
Accenture and PROS work together to help organizations gain insight and transform how pricing is executed.
Pricing is the strongest lever for improving profits, and companies of all sizes are beginning to understand that strategic pricing is a powerful engine for growth. Pricing technology, such as that offered by PROS, plays a pivotal role in helping businesses formalize their pricing capabilities. It lets them embrace data-driven modeling tools and to monitor, assess and adjust prices. However, such technology is used by a large variety of users with different expectations and serves different business functions at all levels .
Complicating matters further is the fact that pricing technology and its underlying data, enterprise resource planning systems and everyday productivity tools are disparate—thereby making integration a critical enabler for realizing the full value of pricing for the entire company.
Accenture helps companies scope and implement PROS-based solutions quickly and cost effectively. Moreover, Accenture’s knowledge of pricing strategy and change management helps clients use their PROS capabilities to create more satisfying and profitable customer interactions, thus producing a lasting impact on business performance.
PROS pricing software products calculate pocket price, pocket margin, customer willingness-to-pay, customer cost-to-serve, win-loss ratios, price envelope and other actionable price-specific data. These powerful new data elements are not available from external sources. They are derived through PROS price optimization products supported by real-time integrated science.
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