Price Management offers solution for Pricing Maintenance (User-friendly layouts and intuitive functionality allow users to adjust prices without delay, while providing the ability to execute mass pricing updates, automating maintenance and eliminating hours of manual processes).
Price Management also offers tool to set complex promotions and program at the time of sale with variable qualification. It also provides easier reporting and analytics to establish true margin and complete gross-to-net reporting by evaluating pricing, incentives, and revenue-sharing programs.
SAP Data Maintenance by Vistex eases data maintenance of non-contract pricing data through a flexible user interface tool to manipulate and automate mass updates and manage deals. The solution also calculates and reports government pricing and Medicaid claims for Life Sciences manufacturers.
Pain Points:
Slow responses to price changes
Huge number of records to proces
No ability to do price simulation
No real-time margin analysis to ensure cost-control on every level
Manual approval process for price setting and changes
Business Benefits:Enables efficient price management (uploading, mass creation/ change etc.) and evaluation of price changes (including workflow approval with notification), before release
Includes complex models and multiple parameters in the decision making process
Permits flexible price strategies to meet business objectives
Offers extensive simulation capabilities to model what-if scenarios
Supports pricing guidelines to ensure adherence
Delivers full management visibility and analytics of all chargeback programs, with reporting capabilities at your fingertips
Displays gross margin, net margin, pocket margin on the fly, comprehensive margin management, including on-invoice or off-invoice elements
Example Scenarios:Cost + pricing
Market-based pricing
Value-based pricing
Strategy-based pricing
Segmentation-based pricing
Pocket price bands
Vistex® and all Vistex® logos are trademarks or registered trademarks of Vistex Inc. in the U.S. and other countries.
SAP® and all SAP® logos are trademarks or registered trademarks of SAP SE in Germany and in several other countries. All other product and service names mentioned are the trademarks of their respective companies.
