PROS Best-kept Secret Success Stories: Industrial
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5
Company #3:
Industry: Manufacturing
Revenue: €15-20 billion
Reason for using PROS: This industrial manufacturer lacked
a way to make consistent and accurate pricing decisions.
• The company's quoting databases and processes varied between
locations, causing inconsistencies.
• They had been using a time-consuming manual process that
was error-prone.
• Their overall pricing strategy was disorganized with too much left
to chance, causing margin leakage.
Solution: The partnership began with the implementation
of AI-powered Quoting by PROS close to a decade ago, which
resulted in increased revenues.
The manufacturer continued to use PROS, taking advantage of
their extensible AI services to further reduce quoting time and
errors in pricing processes.
They are continuing to work with PROS on implementing
redundancy and developing custom AI-driven pricing algorithms
that work with the company's own pricing algorithms.
Benefits:
1. The manufacturer increased margins by 50 basis points with
AI-powered Quoting by PROS.
2. They also reduced their service offer creation time by 98%
and product quote time by 65%.
3. Human error in their pricing processes was reduced by 80%.
Introduction Company #4 Company #1 Company #3 Company #2
"PROS stuck to their roadmap and brought
a lot of our requirements in it. The PROS
Professional Services Team implemented
the configuration and are extremely good
at doing that."
—Anonymous, Company Director, Confidential Company
And PROS helps them manage all of that?
READ THE FULL STORY
We operate in
24 countries 24 countries in the EMEA,
and our manufacturing branch
employs 7,000 7,000 people.