PRICESMITH

Pricesmith is a newer player founded by pricing and profitability thought leader Jared Smith. They offer an interesting mix of customer analytics, price management, pricing scenario analysis and unique customer pricing catalogs.

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Price Optimization Features

Overview of feature sets that are important to distributors.

Overall Feature Score

Features for Distribution Pricing 95%

Pricing analytics

Dashboards

Reporting

Drill-downs

Advanced capabilities

Automated Alerting

Price contract analysis

Advanced analytics

Dynamic Pricing

AI Repricing

Machine Learning

Advanced capabilities

Automated Alerting

Sales negotiation suggestions

Integrations

Distribution ERP focus

Pull in data

Two-way Exchange of Data

Modern APIs

Update pricing rules

Price book updates

CRM and sales enablement

Price Modeling

Profitability analysis

Price forecasting

Promotional models

What-if modeling

Segmentation

Pricing by product line

Pricing by geography

Pricing by customer segment

Pricing by customer behavior

Segment analysis tool

Segment creation tool

Market Pricing

Competitor price tracking

Market Data Analysis

Professional Services

Overview of professional services offerings sets that are important to distributors.

Overall Services Score

Services for Distribution Pricing 95%

Consulting

Outsourced Price Management

Segmentation consulting

Sales and negotiation guidance

Domain expertise of team

Support and Implementation

Cloud / SaaS model

Full service deployment

Live training

Online training system

Online doc/knowledge-base

Support availability

Quality

Reliable, bug-free usage

Overall customer satistfaction

Value for total investment