PROS Platform Editions

Key Capabilities

Smart Price Optimization and Management is an omnichannel pricing solution that defines pricing strategies, manages prices across multiple channels and geographies, governs pricing approval processes, provides analytics and insights to help manage revenue and profit, and delivers prices in real-time across multiple channels. Smart Price Optimization and Management is available for purchase in the three editions below:

ESSENTIALS

Starting at

$6,250

/month
Talk to Sales

Great for businesses that need to create holistic, omnichannel pricing strategies and power their digital, self-service channels.

ADVANTAGE

Starting at

$14,000

/month
Talk to Sales

Great for businesses that want to be equipped to respond the fastest to changing market patterns, with the best price, to win business and improve revenue and profitability.

ULTIMATE

Contact sales for pricing details

Talk to Sales

Great for businesses that want to inform their pricing strategies with demand and capacity forecasting or even their own first-party data science capabilities; and drive more of their business to self-service channels.

Full Edition Comparison

Expand All
ESSENTIALS
ADVANTAGE
ULTIMATE

Omnichannel Price List Management

View, define and manage price lists for one or more channels (direct sales, partners, eCommerce, etc.), regions, Products, or Customer segments, to operationalize pricing strategy execution and rationality across sales channels.

Price Strategy Management

Build and manage dynamic pricing strategies. Simulate various pricing inputs to help refine and adjust pricing strategies.

Leader-Follower Pricing

Define and manage price item relationships to maintain rationality when performing mass adjustment of prices.

On-Demand Currency Conversion

Define, manage and convert automatically price lists, charts, and price evaluations for ISO-supported currencies.

(Up to 3 currencies)

(Unlimited number of currencies)

(Unlimited number of currencies)

Standard Unit of Measure Conversions

Leverage standard conversion rates between different units of measure. Execute automatic conversions between units for charts and price lists.

Mass Price Change

Perform scheduled price updates based on updated pricing strategies, costs changes and competitive pricing. Review and approve latest pricing and publish to Customer’s ERP.

Pricing Approval Workflows

Price governance via multiple levels of approval workflows, including routing of price approvals based on pricing thresholds to specific roles.

Price Analytics (margin/revenue)

Predictive pricing models, configurable charts, and dashboard views. Ability to choose different data display options, filters, groupings and to zoom in on data and comparison tools. Intuitive workflow navigation between charts and price lists.

Price List Scenario Analysis

Create and compare different pricing strategies. Analyze outcomes via aggregated summary metrics (KPIs) and inline analytics.

eCommerce Integration

eCommerce integration via standard APIs.

Real Time Price Delivery

PROS Pricing Evaluation API to power sales channels with real-time delivery of pricing information.

Customer-Specific Unit of Measure Conversions

Define and manage the conversion rates between a default unit of measure and alternative units of measure for specific Products and Customers. Display all Products in designated price lists for specific Customers in predefined units of measure.

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Tiered/Scaled Pricing

Manage volume discounting by defining price scales based on the volume / revenues of units sold. Ability to choose the calculation method and displayed offset type.

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Commodity-Based Pricing

Manage pricing strategies based on commodity index feeds, including averaging index pricing by days or months and calendar management for holidays and exceptions.

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Agreement Price Sync

(Requires Advantage edition or higher of Smart Configure, Price, Quote). Automate multiple price changes as a set across existing Customer agreements, with necessary reviews and approvals from Sales and Pricing stakeholders.

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AI-Driven Price Optimization for Negotiated Prices

Deliver tailored price recommendations for sales negotiations, based on AI segmentation model(s) from supported metrics that considers historical transactions, Customers' willingness to pay and third-party data.

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AI-Driven Price Optimization for eCommerce

Deliver optimized dynamic prices for eCommerce and digital self-serve channels, based on AI segmentation model that considers historical transactions, Customers' willingness to pay and third-party data.

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Subscription Pricing

Define and manage pricing rate plans for subscription services including one-time and recurring pricing models, fixed-rate, tiered, and usage-based.

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Forecasting

AI-based forecasting and optimization in the transportation and logistics industry and commodity industry.

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Capacity-aware Price Optimization

Deliver tailored prices based on AI segmentation models, taking available capacity into consideration through PROS’ data-driven revenue management solution.

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Extensible AI

Host customer-trained optimization models to tailor pricing and selling recommendations, and return results which can be orchestrated and integrated with other PROS’ services and PROS’ AI-driving price optimization models.

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ESSENTIALS Talk to Sales
ADVANTAGE Talk to Sales
ULTIMATE Talk to Sales

*Additional Features Available: The Ultimate edition of Smart Price Optimization and Management include additional features and capabilities not listed here, including but not limited to, personalized integrations, reporting, and data science-based algorithms. Please contact sales to discuss additional features and capabilities available.


We strive to be transparent about our product editions and the limits that apply and hope you find this catalog useful. Please note that the fees we list here are subject to applicable taxes and that all purchases are subject to the terms of service.

We periodically update this catalog, so please check back here for current information. If you’re looking for definitions of the terms used here, see our terms of service. If you have any questions, please contact sales.

See PROS Solutions in Action

We’re eager to meet you and answer any questions you have about PROS Solutions.
Need to learn more about Smart Price Optimization and Management?

Talk to Sales

Key Capabilities

Smart Configure Price Quote automates the selling process by delivering performance quoting, a centralized product catalog with rich attributes, and approval workflows to power selling across all types of channels: direct, partner, and eCommerce. Certain editions of PROS Selling also include a flexible configuration engine, customer-specific sales agreements, and subscription management. PROS Selling is available for purchase in the three editions below:

ESSENTIALS

$60

/per user per month
Talk to Sales

Great for businesses looking to digitize and streamline their selling processes and respond quickly to customers with professional looking quotes.

ADVANTAGE

$75

/per user per month
Talk to Sales

Great for businesses looking to simplify the selling of more complex products, creating bills of materials, and managing the lifecycle of sales purchase agreements.

ULTIMATE

Contact sales for pricing details

Talk to Sales

Great for businesses that need to create lengthy quotes or want to leverage AI to identify and win every available opportunity to grow their share of wallet.

Full Edition Comparison

Expand All
ESSENTIALS
ADVANTAGE
ULTIMATE

Product Catalog

Common Product repository supporting multiple attributes and rich content for multi-channel use.

Product Comparison

Select multiple Products from Product catalog and visually compare their characteristics.

Advanced Search

Search Product catalog, quotes, and quote line-item details using full-text search or multi-criteria filters.

Guided Selling

Tailored workflow to allow Users to navigate various selling choices within their Product catalog.

Product and Solution Bundling

Pre-defined and dynamic Product bundling to create personalized offers with negotiated prices.

Price List Management

Centralized price list management including: Price List Administration, Dimension Management, Lookups, Real-time pricing methods, Currency conversion, and Unit-of-Measure conversion.

Price-Discount Waterfall

Deal- and line-level waterfall analytics to view profitability metrics.

Performance Quoting

Performance quoting engine for a pre-set number of Lines.

Up to 250

Up to 2,500

Custom

Multi-dimensional Quoting

Create structured quotes including hierarchy, segmentation and grouping of sellable items throughout the quoting process.

Quote Approval Workflows

Trigger native SFDC and MS Dynamics approval processes to enable one (or more) approval(s) per quote.

Single

Multiple

Multiple

Word-Based Document Generation

Design and generate quote proposal templates in Microsoft Word and PDF formats.

Microsoft Excel Import/Export

Export and import a quote with header and line-item detail.

CRM Integration

Native integration with Microsoft Dynamics and Salesforce CRMs - catalog, configuration and quoting.

Order Submission to ERP

Integrate orders with all ERP systems, including out-of-the box templates for SAP.

Product / Service Configuration

Utilize a configuration engine to define and price Products for Assemble-to-Order, Configure-to-Order, and Engineer-to-Order quotes.

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Fast Configuration

Optimize attributes to customize a specific bundled offering.

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Parts Quoting

Manage parts information in a common catalog to automate the end-to-end quote-to-order process.

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Manufacturing Bill of Materials

Optimize, streamline, and refine sales and manufacturing processes.

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Rules-Driven Price Recommendations

Define and manage price recommendation envelopes per Product/line-item.

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Tiered/Scaled Pricing

Provide pricing within a quote based on volume of units sold.

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Sales Agreement Terms/Prices

(Requires Advantage edition or higher of Smart Price Optimization and Management). Define customer-specific terms, Products and prices, inclusive of pricing scales/tiers, for repeatable orders.

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Agreement Lifecycle Management

(Requires Advantage edition or higher of Smart Price Optimization and Management). Create, amend, renew and terminate customer-specific sales agreements containing negotiated terms and conditions.

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Agreement Price Sync

(Requires Advantage edition or higher of Smart Price Optimization and Management). Collaborative mass price change workflow to reflect pricing changes in negotiated sales agreements for every Customer.

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Quote Analytics

Analyze and score quotes to review profitability, discounting, and cost-revenue metrics. Ability to incorporate 3rd-party data and insights to enrich the quoting experience.

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CPQ APIs for 3rd-Party Apps

Extend and integrate Product catalog, configuration and quoting services across all multiple sales channels using standard APIs.

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AI-Driven Churn Detection

AI-driven identification of declining buying patterns based on Customer and segment-level analysis.

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AI-Driven Cross-Sell/Up-Sell Recommendations

AI-driven identification of cross-sell and up-sell opportunities based on Customer and segment-level buying patterns.

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Automated CRM Opportunity Creation

Automatic creation of CRM Opportunities based on AI recommendations.

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2D/3D Product Visualization

Enhanced Product catalog attributes for 2D/3D product visualizations.

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Subscription Selling

(Requires Ultimate edition of Smart Price Optimization and Management). Includes the definition, pricing, and quoting of recurring subscription services. Also provides support for Subscription Management including create, upgrade/downgrade, renew and cancellation.

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ESSENTIALS Talk to Sales
ADVANTAGE Talk to Sales
ULTIMATE Talk to Sales

We strive to be transparent about our product editions and the limits that apply and hope you find this catalog useful. Please note that the fees we list here are subject to applicable taxes and that all purchases are subject to the terms of service.

We periodically update this catalog, so please check back here for current information. If you’re looking for definitions of the terms used here, see our terms of service. If you have any questions, please contact sales.

See PROS Solutions in Action

We’re eager to meet you and answer any questions you have about PROS Solutions.
Need to learn more about Smart Configure Price Quote?

Talk to Sales