Single Platform to Manage Buy and Sell Side of Prices
Cherrywork® Intelligent Price Management is a cloud-based solution that enables B2B organizations to centralize their pricing-related information across products and customers all in one place. Advanced machine learning is then applied, and unique profit-enhancing opportunities are identified. True dynamic pricing enables changes in real-time, based on the local market and competitive conditions. Global pricing structures, channel list prices, even customer-specific pricing policies can be managed within one solution. Cherrywork® Intelligent Price Management can be up and running in as little as two hours so you can increase profits immediately.
Features and Benefits
Greater than 1% improvement in margins within 12 months of the complete implementation
Business user self-service for collaborative price management process delivering ~3X productivity improvement
100% transparency & compliance to pricing policies including real-time pricing visibility
Significant reduction of process delays which is attributed to pricing data issues.
Model the impact of various pricing scenarios to make the best decision possible
Master Data Management
Multiple Master data sources (ECC, S4, non-SAP systems etc.) to choose from.
Dynamic Price Management
Easily set up dynamic pricing conditions so that your rules apply to the most appropriate method first
Rule based price setting
Built-in rule engine for defining pricing rules based on objects within price management, SAP ERP data objects, define approval hierarchy, etc.