Proper Price List Management is a Key to Pricing Success
Managing price lists is becoming a more important part of business planning, as factors such as globalization and the internet continue to increase price transparency across channels and geographies. Global organizations have grappled for years to combat this trend. Today, more companies are working to improve the way they handle price list management to support growth initiatives across the business.
Vistaar is helping B2B companies improve their ability to manage price lists more effectively across the entire organization. The Vistaar solution also helps companies streamline the way they maintain or update prices by providing an alternative to what is typically a time-consuming process involving Excel spreadsheets and manual data entry into an ERP system.
A Comprehensive Solution is Required
Vistaar offers a comprehensive solution to better manage price lists by helping pricing groups:
- Arrive at list prices using one or more pricing techniques available from the Vistaar library
- Maintain integrity between multiple price lists and transform global prices into different price lists using rules and other parameters
- Optimize prices across various product categories based on business objectives and strategies
- Publish prices to the underlying order management or ERP systems while providing web- based access for appropriate roles and/or users
Unify the Data and Automate the Process
Vistaar provides a unified pricing data model that enables business users from marketing, product management, pricing & finance to leverage the same underlying pricing information and provide their respective inputs in the list price update process.
Once approved & committed, the updates can be published to the underlying system of record and made available online for all Vistaar users across the organization.
