PROS Launches Interactive Configure-Price-Quote Solution for Manufacturing and Service Parts Industries

Graphically Interactive Parts Diagrams Streamline Opportunity-to-Revenue, Expanding Supplier Reach Anytime, Anywhere

HOUSTON, Oct. 8, 2014 – PROS^® (NYSE: PRO), a big data software company, today launched a new graphically interactive configure-price-quote (CPQ) solution for manufacturing and service parts industries. With interactive parts diagrams, customers can select and order parts directly from original equipment and component schematics. Cameleon Parts Quoting is embedded with predictive and prescriptive pricing analytics, enabling sales teams to deliver smarter, faster, winning quotes to customers.

The new solution is expressly designed for discrete and process manufacturing organizations, including those in the high-tech, industrial equipment and automotive industries.

“Cameleon Parts Quoting highlights our continued commitment to innovation, combining graphically interactive parts-schematics ordering, and predictive and prescriptive pricing analytics, within CRM and quoting environments,” said PROS Senior Vice President, Products, Oscar Moreno. “Suppliers are able to expand their reach through multiple sales channels, giving our customers a distinct competitive advantage. Our opportunity-to-revenue platform helps sales reps deliver faster, more accurate quotes anytime and anyplace, improving sales team responsiveness and effectiveness.”

With today’s release, PROS delivers an innovative, market-leading solution that enables companies to better support their service and aftermarket parts businesses: 

• Graphically interactive schematics enhance quoting and ordering: Customers often face difficulties selecting the parts they require from diagrams in product catalogs. With Cameleon Parts Quoting, static diagrams are elevated to interactive and expanding displays that help customers find, select and order parts directly from a web application or mobile device. This enhanced productivity reduces order errors and enables companies to better serve their customers with greater speed and quoting accuracy.

• Smart quoting, faster response times for sales teams: Sales teams lose far too much time moving between product catalogs, spreadsheets and systems, building accurate quotes for the right products and the right prices that will help them win deals and meet their quotas. Cameleon Parts Quoting integrates intelligent and prescriptive pricing guidance, enabling sales teams to deliver smarter, faster, winning quotes to customers.

• Customer information from any location: Manufacturing and service parts organizations serve thousands of customers that need to order parts on-the-spot from diverse geographic locations. The new Cameleon Parts Quoting solution arms sales teams with accurate spare parts data right at their fingertips, with instant updates deployed without any service disruptions. Sales teams are able to view and access information about customers, service requirements, aftersales questions, warranties and maintenance brochures from their salesforce.com instance, enhancing quote turnaround times. 

To learn more about the new PROS Cameleon Parts Quoting solution, visit the website or the salesforce.com appexchange. The company will display the new solution for the first time at the upcoming Dreamforce conference, Oct. 13-16, in San Francisco.

About PROS

PROS Holdings, Inc. (NYSE: PRO) is a big data software company that helps customers outperform in their markets by using big data to sell more effectively. We apply 29 years of data science experience to unlock buying patterns and preferences within transaction data to reveal which opportunities are most likely to close, which offers are most likely to sell and which prices are most likely to win. PROS offers big data solutions to optimize sales, pricing, quoting, rebates and revenue management across more than 40 industries. PROS has completed over 700 implementations of its solutions in more than 55 countries. The PROS team comprises more than 900 professionals around the world. To learn more, visit www.pros.com.

Forward-looking Statements

This press release contains forward-looking statements, including statements about the functionality and benefits of CPQ software to organizations generally as well as the functionality and benefits of PROS software products. The forward-looking statements contained in this press release are based upon PROS historical experience with pricing and big data software and its current expectations of the benefits of pricing and big data software for organizations that implement and utilize such software. Factors that could cause actual results to differ materially from those described herein include the addressability of an organization’s pricing and revenue management needs, the risks associated with PROS developing and enhancing products with the functionality necessary to deliver the stated results and the risks associated with the complex implementation and maintenance of pricing and big data software such as PROS software products. Additional information relating to the uncertainty affecting the PROS business is contained in PROS filings with the Securities and Exchange Commission. These forward-looking statements represent PROS expectations as of the date of this press release. Subsequent events may cause these expectations to change, and PROS disclaims any obligations to update or alter these forward-looking statements in the future whether as a result of new information, future events or otherwise.

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Media Contacts: 

James Garber
pros@marchcomms.com
617-960-9875 

Sheila Watson
swatson@pros.com
713.335.5287