Manage Service Contract Risk and Protect Profits
The only purpose-built AI-powered service contract pricing software for equipment manufacturers, dealers, and suppliers from the IDC B2B Price Optimization & Management Leader and aftermarket specialists.
- Understand whether contracts are priced too high or too low and why.
- Make accurate cost forecasts in real-time and update contracts.
- Generate a quantified risk per contract.
Trusted by the best
Eliminate unprofitable service contracts
Precision pricing: Secure profit margins and contracts
Protect margins with consistent and predictable cost analysis of parts, material, labor, travel etc. to predict how they will behave throughout the length of the service contract. AI analysis of parts, material, labor, travel etc. costs to predict how they will behave over the contract life cycle. Simulate how adjustment of contract parameters affects contract profitability and risk exposure. Review evidence-based risk assessments of performance or volatility of historical contracts.
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AI analysis over contract life cycle.
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Simulate adjustments of contract parameters.
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Review evidence-based risk assessments.
Instant visibility: Single source of truth
Accurately track individual and portfolio level contract performance status at speed and scale. Monitor ongoing costs to accurately track individual and portfolio-level contract performance. Track existing pricing against the latest cost predictions. Update contract terms and pricing to remain profitable. Easily ingest, update, and analyze all contract and customer data in a single application.
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Monitor ongoing costs.
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Track current pricing against cost predictions.
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All contract and customer data in a single application.
Streamline service contract management
Secure collaboration: All-in-one platform
Empower decision-makers with more accurate multi-year pricing contracts. Collaborate with multiple stakeholders on complex contracts and all their constituents, parameters, and price calculations in one place. Extend access to dealers to enable them to price contracts based on historical data to expand contract sales.
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Collaborate with multiple stakeholders in one place.
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View contracts and services in one view.
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Enable dealers to expand contract sales.
Scalable simplicity: Consistent processes
Leverage standardized price analytics and workflows to improve productivity and decrease single-person dependencies. Generate product, market and customer level pricing. Offer consistent prices that reflect the customer environment, application, and install base.
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Apply pricing logic structure.
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Tailored customer pricing.
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Cost and pricing processes, automations, and alerts.
Negotiation support: Sell more contracts
Reduce time-to-quote with standardized quoting process across all contracts, service locations, customers. View contracts and services in one view using the service catalog. Create quotation scenarios and configuration options and manage service catalog price books per region. Use simple to quote renewals to drive higher customer attach rates.
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Risk assessment, track changes, comments.
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Add-on services and bundles.
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Simple to quote renewals.
