Syncron Price Execution offers complete support for the pricing process throughout the whole organization including your internal pricing team through to your channel partners such as dealers and distributors. You can set and communicate pricing and policy changes quickly and accurately across your entire supply chain, while dealing with thousands of SKU’s and millions of price points.
Pricing on-demand
The solution supports the SOX requirements with streamlined approval workflows. Prices and pricelists reviewed and authorized for distribution are published to the subscribing systems such as ERP/DMS systems implemented at the point of sales, securing that the right prices are applied on each and every transaction. Since the solution is based on the Business Process Platform (BPP) which is fully SOA compliant, it can also service other systems with price information on request. This set up will assist your order management process by calculating the correct net prices on-demand at the point of order capture. Prices are defined centrally with the action of applying discount and charge models are executed upon locally where the business transaction is conducted in a controlled and automated manner.
Easy management of hundreds of pricelists
With Price Execution from Syncron you can easily manage any number and types of pricelists, with an unlimited relation setup, protecting the centrally defined strategies and policies. Pricelists can be created as functions of each other with the flexibility to use different mathematical definitions on different segments, product lines, groups etc. When the base pricelist is revised, the linked copy is updated according to the relationship definition.
Collect and manage inquires and complaints
Price inquires and complaints from the marketplace are important input to your pricing team and should be treated with respect and acted upon with appropriate urgency. Price complaints and inquires are centrally administrated in the solution with full workflow and audit control. People at subsidiaries, dealers and distributors can be granted access to the price inquiry and complaint part of the solution so they can register and issues with local prices.
Local currencies, tax structures and more all consolidated
Price Execution consolidates pricing rules, policies, exchange rates, discount and tax structures, strategies, and pricing methods into a uniform system that is both manageable and actionable.