Intelligent Price Management

Suite of Digital Applications

Our cloud-based solution that helps manage your pricing challenges from deal management to price administration, execution, and analytics with greater ease and reliability. It is a single platform to manage sell side prices using, rule-based strategies, advanced machine learning models to optimize product prices & discounts.

Intelligent Price Management

Suite of Digital Applications

Key Capabilities

Features

Benefits

Experience

Resources

Watch Webinar

Simplify Pricing Strategy with Intelligent Price Management
built on SAP BTP

Watch Webinar

Simplify Pricing Strategy with Intelligent Price Management built on SAP BTP

Pricing Simplified: Plan, Price, Publish

Cherrywork^® Intelligent Price Management revolutionizes the complex pricing process by defining pricing models, presenting a panoramic view of price trends, overcoming the hurdle of revenue leakage by eliminating complete manual process. It serves as a unified tool for defining prices, thereby boosting revenue margins. It provides real-time data insights, ensuring competitiveness in today’s dynamic market. Tool works with integrating with SAP legacy systems & other party systems to update the real-time price information.

Pricing Simplified: Plan,
Price, Publish

Key Features

Price
Optimization

Advanced machine learning models leveraging business scenario data to predict optimized prices

Price Trend
Analysis

Comprehensive pricing insights with historical price information for better decisions

Rule Driven Pricing Strategy

Configurable pricing rule strategy, fed into pricing engine to determine & recommend new prices

Accelerate Transactions

Price simulation helps in determine ‘What-If’ the new net price increase based on optimized prices & discounts

Business Benefits

Increase revenue and margins through price optimization

Gain increased visibility with advanced reporting and analytics

Enable data-rich integration between SAP and non-SAP systems

Improve productivity through alerts & notifications

End-to-End pricing governance with approval process & user activity log

0 %

elimination of
manual process

0 %

faster time
to market

0 %

improved price
insights

0 x

potential productivity
improvement

“Cherrywork Accounts Payable Automation helped us streamline end-to-end accounts payable operations by capturing invoices from virtually anywhere, extracting relevant data without human intervention, and providing visibility to the financial processes that drive efficiency and business growth. There was >80% reduction in turnaround time for invoice processing. The robust automation workflow for exception management can be configured to the changing business needs.”

Read Case Study →

Who says controlling prices is burdensome?

Welcome to Cherrywork Intelligent Price Management! Follow the guided tour to see how we make your life easier by determining the right prices & discounts for the products using advanced machine learning techniques and syndicating them into ECC/S4 systems.

Click on Simulation

Every price change can be simulated to derive at the new net price for the products.

Click on Planning

Price forecast with the help of advanced machine learning techniques helps us to predict the probable future prices of the product that can be sold to the customer. This is an indicative directive for pricing team to take necessary decisions.

Click on Pricing Proposal

Pricing Proposal summary represents the proposals created for price / discount changes for the products that are sold.
Click on Price Request Number to navigate to the Pricing Proposal details.

Our pricing engine, determine the new recommended price for the product based on the advanced strategies and machine learning model that's out of the box and suggest a new price. Pricing manager can view additional information for decision making.

Click on Pricing Approval

We understand price changes needs a governance, hence approval mechanism for the change in price is initiated to sales & finance team.

Click on Pricing Report

Our comprehensive Price Report gives the flexibility to the users to generate report for products and customer and arrive at the new net price. Report also gives a competitive view of price comparison of products between the customer that being sold.

Click on Rule Based Strategy

Out of the box rule driven strategy definition that can be done by the price controlling team

Click on Admin Config

Have complete control of the application by defining templates, approval determination, user management, email configuration, dashboard configuration and many more…

Deployment Model

Analyze

As a first step, questionnaire will be published to the business stakeholders as prerequisite. Workshops with the business stakeholder & IT stakeholder will be conducted. During these workshops we analyze the requirement with business stakeholder & IT team on landscape & security practices.

Evaluate

Based on the workshop session, Cherrywok Intelligent Price Management core team go back to their drawing board and design the custom requirement and list out standard modules that can be shipped to the customer landscape and it will be iterated with business stakeholders.

Plan

Once the evaluation is complete, Cherrywork Intelligent Price Management team will plan the next set of activities need for deployment in customer landscape.

Deploy

Post planning, Cherrywork Intelligent Price Management team along with customer infrastructure team perform series of deployment activities and test the sanity of the shipped product in customer landscape.

Enhance

Post as-is standard deployment is complete, Cherrywork Intelligent Price Management team tailor the needs of the customer in an agile methodology.

Validate

Once the product is enhanced, quality testing of the product is extensively done. We also support the business stakeholders in their validation journey with training videos, documents, and working sessions.

Support

Post validation by business stakeholder, we Go-live with the solution in customer landscape. We support, and iterate on the standard patch upgrades on issue fixes.

Deployment Model