Product and price management

Effectively manage product and price information

An online platform that manages product and pricing data between buyers and suppliers

 

Organizations across all industries face a challenge when it comes to synchronizing product and pricing data with trading partners. Discrepancies over product and pricing details lead to errors which cost time and money to resolve.

PPM (Product and Price Manager) helps businesses manage price change communication quickly and easily. Approval flows are built in, pricing can be managed by exception (rather than manual checking) and PPM provides a full history of updates for audit purposes. The price management process can be streamlined through the use of PPM with integration into an organizations ERP system.

How PPM can benefit your business

 

Process improvement

Buyers can view, approve and update pricing more easily based on predefined rules

Price management

Product price discrepancies are managed by exception, highlighting pricing errors and issuing alerts

Full visibility

Provides audit trail recording all product and price changes and negotiations that have taken place

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PPM features

 

Eliminate manual price file processing via email and excel documents

Automate upload of supplier product catalogue information

Buyer and supplier can manage by exception on price and product changes

Price issues negotiated and tracked through PPM with full traceability

Product price and product promotions can be managed based on date ranges

Buyer can manage own categories through PPM with enhanced reporting

Price validation business rules can be set at a global or company level, or both

Visually see changes to pricing tolerances and react quicker

Support full integration with Supplier and Buyer ERP systems or uploading or downloading of product and price information can be done via the portal

How can Product and Price Manager help you?

 

By reducing manual communication around pricing you can:

  • Reduce order rejection rates
  • Reduce pricing errors and associated time and costs to resolve
  • Enable full visibility of price tracking and history

See how we’ve helped others like you

View customer story

Related resources

 

How can we help?

 

Your business is our business. Our team of experts can help deliver the right solutions to suit you.

Contact us