PROS Smart Rebate Management Announced with Latest Platform Release
PROS Holdings (NYSE: PRO) has announced PROS Smart Rebate Management as part of its latest Platform release. This AI-powered solution automates and streamlines rebate management processes, integrating with existing pricing and selling capabilities. The platform includes features for rebate programs management, attainment tracking, accruals and settlements, claims management, and approval workflows.
The solution aims to help businesses deliver optimized offers at quote time across all sales channels, maximizing conversion and profitability. It addresses the challenge of manual rebate calculations through spreadsheets by providing an automated, unified approach to managing rebates within the context of a complete platform.
PROS Holdings (NYSE: PRO) ha annunciato PROS Smart Rebate Management come parte del suo ultimo rilascio della piattaforma. Questa soluzione guidata dall'intelligenza artificiale automatizza e semplifica i processi di gestione dei rimborsi, integrandosi con le capacità di pricing e vendita esistenti. La piattaforma include funzionalità per la gestione dei programmi di rimborso, il monitoraggio degli obiettivi, gli accantonamenti e i regolamenti, la gestione delle richieste e i flussi di approvazione.
La soluzione si propone di aiutare le aziende a offrire offerte ottimizzate al momento del preventivo su tutti i canali di vendita, massimizzando la conversione e la redditività. Affronta la sfida del calcolo manuale dei rimborsi attraverso fogli di calcolo, fornendo un approccio automatizzato e unificato per gestire i rimborsi nel contesto di una piattaforma completa.
PROS Holdings (NYSE: PRO) ha anunciado PROS Smart Rebate Management como parte de su última versión de la plataforma. Esta solución impulsada por inteligencia artificial automatiza y agiliza los procesos de gestión de reembolsos, integrándose con las capacidades existentes de fijación de precios y ventas. La plataforma incluye características para la gestión de programas de reembolsos, seguimiento de logros, acumulaciones y liquidaciones, gestión de reclamaciones y flujos de aprobación.
La solución tiene como objetivo ayudar a las empresas a ofrecer ofertas optimizadas en el momento de la cotización a través de todos los canales de ventas, maximizando la conversión y la rentabilidad. Aborda el desafío de los cálculos manuales de reembolsos a través de hojas de cálculo, proporcionando un enfoque automatizado y unificado para gestionar los reembolsos dentro del contexto de una plataforma completa.
PROS Holdings (NYSE: PRO)는 최신 플랫폼 릴리스의 일환으로 PROS Smart Rebate Management를 발표했습니다. 이 AI 기반 솔루션은 리베이트 관리 프로세스를 자동화하고 간소화하며 기존의 가격 책정 및 판매 기능과 통합됩니다. 플랫폼에는 리베이트 프로그램 관리, 성과 추적, 적립 및 결제, 청구 관리, 승인 워크플로우 기능이 포함되어 있습니다.
이 솔루션은 기업이 모든 판매 채널에서 견적 시 최적화된 제안을 제공하고 전환 및 수익성을 극대화하도록 돕는 것을 목표로 합니다. 이렇게 함으로써 스프레드시트를 통한 수동 리베이트 계산의 문제를 해결하고, 완전한 플랫폼의 맥락에서 리베이트를 관리하기 위한 자동화되고 통합된 접근 방식을 제공합니다.
PROS Holdings (NYSE: PRO) a annoncé PROS Smart Rebate Management dans le cadre de la dernière version de sa plateforme. Cette solution alimentée par l'IA automatise et simplifie les processus de gestion des remises, s'intégrant aux capacités de tarification et de vente existantes. La plateforme comprend des fonctionnalités pour la gestion des programmes de remise, le suivi des réalisations, les provisions et règlements, la gestion des réclamations et les flux de validation.
La solution vise à aider les entreprises à proposer des offres optimisées au moment du devis sur tous les canaux de vente, maximisant ainsi la conversion et la rentabilité. Elle répond au défi des calculs manuels de remises via des tableurs en fournissant une approche automatisée et unifiée pour gérer les remises dans le contexte d'une plateforme complète.
PROS Holdings (NYSE: PRO) hat PROS Smart Rebate Management als Teil seiner neuesten Plattform-Version angekündigt. Diese KI-gestützte Lösung automatisiert und optimiert die Prozesse des Rabattmanagements und integriert sich in bestehende Preis- und Verkaufsfähigkeiten. Die Plattform umfasst Funktionen für das Management von Rabattprogrammen, die Verfolgung der Zielerreichung, Rückstellungen und Abrechnungen, das Management von Ansprüchen und Genehmigungs-Workflows.
Die Lösung zielt darauf ab, Unternehmen zu helfen, optimierte Angebote zum Zeitpunkt der Angebotserstellung über alle Vertriebskanäle hinweg bereitzustellen, wodurch die Konversion und Rentabilität maximiert wird. Sie adressiert die Herausforderung manueller Rabattberechnungen mit Hilfe von Tabellenkalkulationen, indem sie einen automatisierten, einheitlichen Ansatz zur Verwaltung von Rabatten im Kontext einer vollständigen Plattform bietet.
- Introduction of new automated rebate management solution expanding product portfolio
- Integration with existing pricing and selling workflows enhancing platform capabilities
- Potential for increased sales through automated rebate management
- Improved efficiency in rebate calculation and management processes
- None.
Insights
The launch of PROS Smart Rebate Management represents a significant enhancement to their SaaS platform. The solution addresses a critical gap in B2B sales automation by integrating rebate management with existing pricing and selling capabilities. The platform's AI-driven approach to automating rebate processes could drive substantial operational efficiencies and margin improvements for enterprise customers.
Key technical advantages include
- End-to-end rebate lifecycle automation
- Integration with existing pricing workflows
- AI-powered optimization capabilities
- Multi-channel sales support
Rebates join Pricing, CPQ, Agreements, and Subscriptions capabilities to deliver tailored, optimal B2B offers and power multi-channel sales profitably
Rebates can be a critical tool to increase sales by spurring behavioral demand and incentivizing timely orders. Yet according to industry analysts, rebates remain an underutilized sales tactic, as they can be difficult to manage from offer through claim and settlement. Without an automated solution, sellers must calculate rebates and expected margin through spreadsheets or other manual means, making it challenging to deliver winning, profitable offers that incorporate agreement terms and off-invoice rebate incentives at the time of quote.
“In today’s competitive landscape, businesses must consider every commercial component of an offer—from product and price to discounts, promotions, and rebates—to win over customers and compete effectively,” said Sunil John, Chief Product Officer at PROS. “Integrating rebates into the overall commercial strategy allows businesses to respond more effectively to market dynamics, manage margins, and execute multi-channel sales efficiently.”
PROS Smart Rebate Management is an end-to-end rebate lifecycle management solution, offering capabilities to define, manage and optimize rebate programs within the context of a complete platform—spanning existing omnichannel pricing and selling workflows. Capabilities include:
- Rebate Programs Management: Create, review, and approve rebate programs and their underlying incentives within a native platform experience. Includes multiple, out-of-the box incentives along with the flexibility to extend with user-defined incentives tailored to business needs.
- Rebate Attainment: Support for rebate attainment criteria including minimum purchase, growth targets, and qualitative attainments such as training, end-cap displays, and more.
- Accruals and Settlements: Automatically track accruals to ensure visibility, efficiency, and accuracy of payouts.
- Claims Management: Automatically create claims based on pre-defined payout schedules and manual claim creation for qualitative rebates.
- Approval Workflows: Easily approve rebate programs and incentives with simple and straightforward workflows, making it easier for pricing, finance, and sales teams to manage and approve rebate-related activities, understand how programs are performing and make more informed commercial decisions.
PROS Smart Rebate Management is part of the PROS Platform. Built on industry leading AI, the PROS Platform delivers connected selling workflows to sales, pricing and eCommerce teams – driving collaboration and coordination – in order to consistently deliver fast and tailored offers for every buyer through all commerce channels, every time. PROS makes every buying experience more personalized and every transaction more profitable.
For more information on PROS Smart Rebate Management, visit https://pros.com/learn/blog/our-latest-platform-innovation-pros-smart-rebate-management.
About PROS
PROS Holdings, Inc. (NYSE: PRO) is a leading provider of AI-powered SaaS pricing, CPQ, revenue management, and digital offer marketing solutions. Our vision is to optimize every shopping and selling experience. With nearly 40 years of industry expertise and a proven track record of success, PROS helps B2B and B2C companies across the globe, in a variety of industries, including airlines, manufacturing, distribution, and services, drive profitable growth. The PROS Platform leverages AI to provide real-time predictive insights that enable businesses to drive revenue and margin improvements. To learn more about PROS and our innovative SaaS solutions, please visit our website at www.pros.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241025821841/en/
PROS Media Contact
Amy Williams
+1 713-335-5916
awilliams@pros.com
Source: PROS Holdings, Inc.
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