PROS Platform Summer Release 2023: Elevate Your Business with PROS
The latest Summer Platform Release that will revolutionize the way you do business is here. At PROS, we're committed to providing you with cutting-edge solutions that empower your teams and boost your revenue and margin. With a focus on driving success and unlocking new opportunities, we present three game-changing additions to the PROS Platform: Subscription Management support for Salesforce, Smart CPQ Power Pages Portal, and advanced analytics for our Generation IV AI-powered Price Optimization.
Subscriptions Lifecycle Management
PROS has expanded the suite of capabilities to serve different business models, introducing Subscriptions with the combined power of our PROS Platform. Now, you have the capability to define subscription pricing, quote subscription offerings in a common workflow and manage subscription contracts in your CRM, through an integration with Microsoft Dynamics 365 Sales and Salesforce.
We understand the importance of flexibility and adaptability in today's dynamic market. With our enhanced Subscriptions capabilities, you gain access to a comprehensive set of capabilities that are natively integrated in the PROS Platform, serving different roles in your organization to meet the subscriptions need:
- Price Managers: define pricing strategies leveraging Rate Plans, Subscription Products, and Charge Types along with renewal and termination terms.
- Sales Representatives: guided selling workflows for subscription services and products, negotiate prices, and create subscription contracts effortlessly in Smart CPQ.
- Account and Customer Success Managers: seamlessly renew Subscription Contracts and monitor their lifecycle directly in Microsoft Dynamics 365 Sales or Salesforce.
To further explore the incredible possibilities that Subscriptions offers, refer to the detailed documentation in PROS Connect. By embracing this innovation, you position your business for unmatched growth and success in a rapidly evolving market.
To get a glimpse watch the video here.
Power Pages Portal: Enable Multi-Channel Selling
With Smart CPQ for Power Pages Portal, PROS partners and customers can unlock omni-channel quoting across partner, customer, and Dynamics 365 Sales portals using the same quote.
This allows you to reduce the Time-To-Value with Power Automate, Power App Components, and Microsoft Dataverse operations, all included in one easy-to-setup solution.
Power Pages Portal lets you embrace the omni-channel nature of the PROS offering, inviting a diverse range of personas to effortlessly engage on quotes within Smart CPQ. For example, customers and partners can review and amend quotes in Microsoft Power Pages that sales representatives create in Dynamics 365 Sales. On the other hand, sales reps can use the CRM to review, complete, and approve quotes created by customers and partners in the portal.
The Power Pages Portal represents a monumental leap forward in achieving seamless omni-channel quoting across partner and customer portals as well as Dynamics 365 Sales. This solution empowers your teams to reduce Time-To-Value by harnessing the power of Power Automate, Power App Components, and Microsoft Dataverse operations, all within one easy-to-setup platform.
Key Advantages:
- Omni-Channel Quoting: experience the remarkable synergy between PROS Smart CPQ for Dynamics Managed Solution and Microsoft Power Pages, facilitating direct interactions between sales reps and customers or partners.
- Effortless Engagement: customers and partners can conveniently review and amend quotes in Microsoft Power Pages, while sales teams can use the CRM to review, complete, and approve quotes created by external parties in the portal.
The Power Pages Portal opens up new avenues for collaboration and engagement, fostering stronger relationships with customers and partners alike.
To get a glimpse watch the video here.
Price Optimization Advanced Analytics: Unleash the Power of Gen IV Science
For the Summer of 2023, the PROS Platform offers powerful new capabilities to enhance a user's visibility into the details behind Gen IV optimized prices. This new and powerful workflow enables users to explore both the price recommendation and detailed analytics that explain the pricing recommendation. The workflow allows you to price any sales scenario in real-time including those with no current history. In response to your query, PROS Platform leverages the latest Gen IV science to return the scenario's recommended floor, target, and expert prices. Additionally, it provides insightful Supporting Information to help user understand the risk adjusted margins for each price point. It also provides a detailed value driver analysis of your selected attributes revealing how each attribute impacts the price of a given transaction, based on how those attributes are valued in that specific context. These analytics empower pricing teams to adopt AI-recommended prices, and enable other teams to defend the most optimal pricing for each selling interaction.
Click here to get a glimpse of Advanced Analytics in action.
Your Journey to Success Starts Here
With these groundbreaking additions to the PROS Platform, we are committed to unlocking new possibilities for your business. Embrace Subscriptions to serve your new business need, leverage the Power Pages Portal to foster seamless interactions, and harness our Gen IV AI power to optimize your pricing like never before.
At PROS, we are dedicated to driving your success and ensuring you stay at the forefront of innovation in your industry.
For further details on the latest PROS Platform release, view the specific product highlights and release notes here.
For further training and release information, Customers and Partners can access PROS University here.