Remote Implementation of Pricing Automation Technology Featured in Automation.com

August 10 08:48 2020
Remote Implementation of Pricing Automation Technology Featured in Automation.com

Pricing experts Dallas Crawford and Dan Barrett of QueBIT were recently interviewed by Industrial journalist, TR Cutler for Automation.com magazine. Read the full article here.

According to Crawford and Barrett,  QueBIT PriceAlign was designed to alleviate the pain for any manufacturing organization using simple rules or trial-and-error methods to derive prices; this is especially true if corporate objectives include rapidly and repeatedly adjusting and maintaining prices at the most granular level.

COVID-19 has removed the perceived barriers to price alignment automation. Previously, most industrial business decision-makers feared an extensive implementation time, complexity, and significant costs. New solutions overcome those concerns offering an automated pricing alignment technology which can be implemented cost-effectively in just weeks. Delivering significant improvements in revenue and margin by providing a clear, guided user experience (via insightful dashboards and comprehensive pricing science) means hundreds of manufacturing companies will benefit from this automation.

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PriceAlign enables robust management of pricing strategies, while eliminating implementation time, complexity, and costs typically found in other pricing solutions. PriceAlign delivers significant improvements in revenue and margin by providing a clear, guided user experience via insightful dashboards and comprehensive pricing science. The ease of setting and managing pricing boundaries sets this solution apart.

PriceAlign delivers significant efficiencies for any organization using simple rules or trial-and-error methods to derive prices, especially if corporate objectives include adjusting and maintaining prices at the most granular level. This best-in-class solution allows customers to maximize margins, retain customers, and grow market share through optimal pricing strategies including:

  • Cost Plus
  • Competition
  • Value-based pricing
  • Dynamic Pricing
  • Price Elasticity

PriceAlign gives customers enterprise-wide control of the entire pricing process by raising pricing strategies to new levels of sophistication. Through rapid deployment, customers achieve dynamic pricing based on a variety of factors and understand price elasticity across different products or regions. The recent global pandemic has clearly demonstrated the need and benefit of rapidly adjusting prices down to the most detailed levels and market conditions.

Follow QueBIT PriceAlign on Twitter at @AskQueBIT and connect on LinkedIn.

Media Contact
Company Name: QueBIT
Contact Person: Jennifer Field
Email: Send Email
Phone: 914-329-4745
Address:49 Secor Road
City: Scarsdale
State: NY
Country: United States
Website: https://quebit.com/predictive-price-optimization/