Case Studies

Learn how PROS helped this medical devices company increase profitable growth with a $40M uplift in revenue ebook

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PROS best-kept secret success stories | 6 How PROS quickly brought the organization closer to its goals PROS allowed the company to automate its long and tedious manual processes and gave the company confidence when quoting customers, along with a better understanding of their customers and the supply chain. At the same time, the company's rebate management arm was able to get rid of the monstrous spreadsheets they had been working with, allowing them to price supplies at rates that were beneficial to both the company and the customer. That's right, and our US Strategic Pricing Team is projected to increase sales this quarter too! $40M uplift already! CEO CFO " When you move to a digital platform like this, it's just incredible. We're experiencing many efficiencies and quality-of- life improvements." — Associate Director of Pricing & Analytics, [REDACTED] The improvements the company saw in its pricing strategies, processes, and outcomes led to a $40M lift in revenue within the first 6 months. These changes allowed them to regain their competitive edge while serving their customers better, and it allowed them the time they needed to work on their expansion in the US. Other notable benefits included: • 10x meeting efficiency: The company cut down its typical 1-hour meeting to 6 minutes. • Accelerated deal cycles: RFP response times are now 4 times faster, and quotes that previously took weeks are now delivered in hours. • Accurate RFPs: Real-time data allows the company to give the right price to the right customer at the right time. • Time to focus on strategic decisions: The Strategic Pricing Team can now spend time driving the business forward. • Excellent ROI: PROS paid for itself in full within 8 months. • Contract and rebate management: The company can now easily find records of past transactions and see what the discounted rate was to ensure that their RFP is in line with what the customer has been willing to pay in the past.

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