Abstract:
Intelligent Price Management is a cloud-based solution that helps manage your pricing
challenges from deal management to price administration, execution, and analytics with greater
ease and reliability. It is a single platform to manage both buy and sell side prices using
advanced machine learning models to propose product prices. This application defines pricing
rules based on objects within price management, SAP Price Objects, and defines approval
hierarchy. Pricing Management displays current and changing data for various parameters
such as revenue, profit, margin, visits, conversion percentage, etc. It serves as a reminder for
powerful attention-seeking tasks such as price updates, periodic reminders for price workbook
closure and generation. This application provides email notification and threshold definition,
user role mapping to template and data authorization price dashboard, price life cycle, price
report mass price setup, smart price grid multi-level approval, configurable approval levels.
It improves price determination efficiency. Pricing simulation to model the impact of various
pricing scenarios. This system manages and implements intelligent pricing strategies with ease
