SAP Extended Price Management
PRICE MANAGEMENT
VK12 2.0 Updates and Mass Uploads Prices
Greater price visibility and control can help you better manage complex pricing scenarios and the incentives you offer to customers, distributors, and channel partners.
Organize price maintenance, from the start of the agreement to analysis, for both the buying and selling side using the SAP Extended Price Management solution from GROUPmee for administration, agreement management (promotions), margin analysis, and reporting.
- Efficient and intelligent price maintenance and improvements
- Complex promotion and program management with variable ratings
- Correct determination of the price of purchasable products
- Accurate margin and gross-to-net information with analysis of prices, incentives, and programs
KEY BENEFITS
- Enable business-defined pricing: Validate prices with policies defined by the business, execute formulas and calculations to drive prices, and assess programs and rebates to determine profitability.
- Achieve pricing strategy objectives: Save time and free up resources by obtaining full visibility of pricing processes, getting prices into your system more efficiently, and evaluating data faster.
- Determine true profitability: Analyze proposed prices to determine the actual margin and display full gross-to-net and component-by-component data for a product, an entire product line, or an agreement.
MAIN CHARACTERISTICS
Simplified price management
Save time and free up resources by entering prices into your system efficiently and evaluating the data quickly.
Carry out a mass maintenance of prices and effective dates and validate the prices according to the pricing policies defined by the business.
Determine the correct price for products that can be purchased easily.
Agreement management
Manage limited-duration price agreements for the purchase of multiple products to qualify for special prices
Define offers in the application that are available to be automatically applied to sales orders
Offer exclusivity and combination rules to protect margins from unplanned double discount
Price execution
Analyze and execute new revenue models, including subscription-based and usage-based pricing
Manage risk, including the likelihood of reaching certain target values, instead of the expected value of the associated KPI
Identify trends that indicate potential market disruptions before they arise
Analysis and guidance of prices
Evaluate the success of pricing strategies by analyzing the proposed prices to determine the true margin
Show complete data from gross to net and component by component for a product, a complete product line, or an agreement
Model customer demand and price sensitivity, analyze margins, and set prices