What Phase Transitions Reveal About Market Adoption
What Phase Transitions Reveal About Market Adoption Phase transition theory explains how systems change state once critical thresholds are crossed....
Pricing In Motion
Create new pathways at the intersection of customer expectation and business profitability. Innovate yet standardize pricing policies with Paramantra.
Pricing In Motion
Create new pathways at the intersection of customer expectation and business profitability. Innovate yet standardize pricing policies with Paramantra.
Solution Area
At Paramantra, we understand the challenges businesses face when it comes to pricing their products or services. Inconsistent pricing, delays in approval, and difficulty maintaining proportionality are just a few of the hurdles that companies encounter. That is why we have developed an enterprise-grade Pricing Strategy solutions to help our customers build, manage, execute, and strategize around their pricing policies.
Paramantra enables you to define parameters such as the source of pricing data, whether it is from your product catalogue, internal software or web sources. We offer dynamic pricing option that includes location-based pricing, client-specific pricing, volumetric pricing, or a mix of more than one of these strategies. Our simulation and projection tools make it easy to analyze different pricing strategies, identify areas for improvement, and predict the impact of specific pricing decisions.
We also make it easy to standardize and institutionalize your pricing policy, which can reduce friction during customer interactions and lead to more optimized sales cycles. By driving consistency in pricing and decreasing complexities in discounting policies, you can increase your deal closure ratios and improve accuracy of quotations and financial offers with streamlined and effective automated or system-based approval processes.
Our analytics platform provides insights into which pricing configurations have performed well in the past, as well as analysis of your profit margins. Our flexible pre-approved and ad-hoc discount approval mechanism reduces potential value erosion, delays to quote, and improves transparency with your customers.
Offerings
Volumetric Pricing
Determine the price of your offerings based on quantity or volume
Geographical Pricing
Decide on the price of your offerings based on customer’s city or country
Account-Specific Pricing
Assign pricing plans exclusive to specific accounts or account types
Dynamic Discounting
Create unlimited scenarios and apply discounting rules to reduce errors
in quotation
Currency and Source
Monitor currency exchange rates and record the source used to determine pricing
What-if Analysis
Simulate the impact of pricing change using projective methodologies
Results
$ 0
B
Invoice value impacted
0
%
Reduction in pricing inaccuracy
Latest Articles
Stability Requires Feedback : What Control Theory Teaches Us About Revenue Systems
Stability Requires Feedback : What Control Theory Teaches Us About Revenue Systems In 1948, Norbert Wiener unified the study of feedback and...
Correlation Has a Ceiling: What Bell’s Inequality Teaches Us About Revenue Systems
Correlation Has a Ceiling: What Bell’s Inequality Teaches Us About Revenue Systems In 1964, John Stewart Bell transformed a philosophical debate into...
