BEFORE WITH PROS OUTCOME
PRO FIT A B LE G RO W T H
The company used PROS pricing
solutions to:
• Develop pricing methodologies based
on continuously changing factors — including
global pricing team targets, market
profitability, and currency — that could
be continuously monitored and tracked
• Create a multilevel approval workflow to
ensure that all submitted prices are reviewed
and approved by 2 levels of authority quickly
• Deliver prices for over 40,000 products across
85 geographies to corresponding destination
ERP systems in a complex IT environment
This process monitoring manufacturer
needed to move away from its spreadsheet -
based pricing strategy to a streamlined
digital solution.
• Pricing teams across the globe spent
inordinate amounts of time maintaining
price lists on hundreds of spreadsheets
that were not always accurate.
• The disparate and not always up - to - date
pricing system caused inconsistent quoting
and margin leakage.
• The lack of a single pricing solution for all
branches made the system difficult to audit
and approval processes easy to circumvent.
$5 - 6M in pricing improvements
After the first 28 days of implementation,
the company realized significant expansion
in margins through pricing improvements.
40% time - to - market improvement
Automated workflows and pricing method
formulas from PROS delivered significant
value in the first month.
Cataloged 40,000 prices
Using PROS, the manufacturer
met its cataloging goal in a matter
of weeks rather than months.
Increased efficiency
PROS delivered consistency
and repeatability of pricing
processes and ensured
all users had access
to updated price lists.
How PROS optimized pricing helped this
process monitoring manufacturer rapidly
expand margins
Company description:
International engineering
technology company
Website:
Headquarters:
Number of employees:
50,000 - 150,000
Founded:
Industry: Manufacturing
Revenue: $ 1 - 3 billion
PRO S SM A RT PO M
