Product & Solution Information

Creating Value Across Teams After 35 years of working with over 30 different industries, PROS continues to pioneer data science strategies to partner with and support telcos' success. AI and machine learning are the foundation of our business model. We understand telcos' pain points and we know how to alleviate them. Whatever your challenge is, we've surely solved a similar one for someone in your industry. PROS isn't a black box; it's a transparent and evolving platform that you can set up to support your specific vision and future needs. PROS not only gives you full control, but also simplicity and instant responsiveness to drive both short- and long-term strategy. PROS partners with telcos like yours to ensure you are proactive rather than reactive to the market while empowering your sales teams to make intelligent business decisions. The PROS Commerce Platform resonates with all teams, at all levels of your organization. LEADERSHIP Translate business strategy into pricing advice and guidance using PROS AI. SALES Empower sales reps with an AI-based platform that identifies high-value opportunities and integrates easily with existing workflows. FINANCE Measure the ROI of digital transformation initiatives and establish performance benchmarks to measure lifetime value. PRICING Give pricing teams the ability to manage complexity and set dynamic, data-driven strategies. IT Integrate smoothly with systems already in place to minimize disruption and get more value from the tools they already use. EXECUTIVE BRIEF FOR TELECOMMUNICATIONS INDUSTRY KEY BENEFITS FOR TELCOS Grow Market Share Gain insight and analytics to be proactive to market conditions and competition, quickly respond to competitive pressures, have visibility into pricing and profitability, and identify price leakage and opportunities. Seamlessly Integrate Data from Mergers and Acquisitions Leverage a single platform that houses and makes sense of all data, especially after acquisitions, to manage all prices, orders, rebates, sales agreements, and renewals for ultimate efficiency, consistency, and accuracy. Reduce Churn and Increase ARPU Enable sales to understand where to focus their resources by identifying underperforming clients, those at risk of churning, and highlighting cross- and upsell opportunities. Optimize Prices and Discounts Deliver optimal, dynamic pricing for products/trade-ins/features/services (new or existing) for each customer based on transactional data, demand, competitive pricing, strategy, and many other attributes ensuring you stay ahead of the competition while avoiding channel conflict. Execute & Measure Your Pricing Strategy Create a single source of truth for price measurement, coordination, profitability forecasting, and strategy evaluation to ensure alignment with brand positioning and channel placement. Improve Processes and Efficiency Simplify and optimize the pricing process, especially of new products/ features/services/ trade-ins gaining detailed insights into revenue compliance, fixing margin erosion, and reducing discounts and overrides. Empower Sales for Negotiations Empower sales teams, regardless of their selling or pricing experience, with guidance based on customer willingness-to-pay and predictive analytics for improved knowledge and confidence in negotiations. Deliver Quotes Faster Automate manual sales processes, even for the lengthiest agreements, speeding up the quoting process, reducing administrative time, and allowing sales to focus on business development. Optimize the Digital Customer Experience Streamline the online/ eCommerce ordering process with catalog management, personalized recommendations, visualizations, cross-sell/ upsell recommendations, and AI-driven real-time optimized pricing.

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