Smart Price Optimization (PO)
Key Capabilities
Smart Price Optimization is a multi-faceted price optimization solution that includes AI-driven optimization algorithms designed to deliver optimized price recommendations via the PROS Pricing Evaluation API. Smart Price Optimization includes the following capabilities:
Great for businesses that need to create holistic, omnichannel pricing strategies and power their digital sales channels.
Full Edition
Management of AI-Driven Pricing
Management of supporting business logic governing the conditioning of PROS delivered AI optimized prices. This includes the usage of pricing methods, lookups, and currency & UoM conversions.
AI-Driven Price Optimization for Negotiated Prices
Deliver tailored price recommendations for sales negotiations, based on AI model(s) from supported metrics that considers historical transactions, customers' willingness to pay and third-party data.
AI-Driven Price Optimization for eCommerce
Deliver optimized dynamic prices for eCommerce and digital self-serve channels, based on AI model (s) that considers historical transactions, demand elasticity modeling, and third-party data.
Real Time Price Delivery
PROS Pricing Evaluation API to power sales channels with real-time delivery of pricing information. Includes up to 1Million price evaluations per month.
Analytics
Price optimization analytics that provide dashboard views including margin or revenue uplifts, transparency into individual price recommendations and related attributes, and access to pricing insights.
Capacity Aware Price Optimization
Deliver AI driven opportunity cost-based prices for products and services that are constrained by capacity and expiration date.
$
Cost Optimization
Deliver AI optimized cost envelope for products and services to recommend and influence procurement and future purchasing.
$
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-driven optimization models
$
✔ denotes product capabilities included as standard in a particular Edition.
$ denotes optional product capabilities which can be purchased either when signing your Order or during your Subscription Term. These capabilities are subject to additional annual Subscription fees and may incur a separate implementation fee.
*Additional Features Available: All products include data integration services, subject to additional professional services for configuration, and support various languages with system administration in English by default.
We strive to be transparent about our product packaging 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.