There is a common misconception that a company’s pricing goals should revolve around delivering the lowest price. In reality, the ultimate goal is to achieve the right pricing strategy that meets desired business objectives. Vistex price management solutions help you keep the balance between the right price to sell product, which reaching goals for maximizing lift, revenue and margin.
Vistex provides unprecedented visibility into complex pricing scenarios offered to channel partners and customers. From agreement initiation to analytics, you gain a comprehensive audit trail to document all your buy and sell-side programs and can automatically track complex, rapidly evolving pricing scenarios. With Vistex, you can simplify the development of strategic and tactical plans to model, forecast, propose and execute optimal pricing programs in alignment with business objective, pricing agreements and special price promotions.
In short, Vistex enables you react quickly to market changes that affect pricing strategy and provides end-to-end visibility, from bidding and contract creation to program execution, tracking, and analytics.