Conga POM (Price Optimization & Management) Features

Allows users to search, filter, sort and select items to be added to quote

Based on answering questions about customers the configurator automatically selects the best fit products

Rules ensure that users select only compatible options and that all required items are included

Pricing is displayed during configuration process so that users can quickly see how configuration changes impact the price

Images can be displayed of options to enable users to visualize product options as it is being configured

Ability to support multiple pricing models for one-time, recurring, and other items

Ability to manage discounts at quote and line level; ability manage discounts based on volume and customer agreements

Allows rules to be written in commercial process so that users don't make errors in pricing, terms, and other commercial considerations

Ensure that users automatically include the right terms based on items being quoted

Users can submit quotes, contracts, etc for approval and obtain appropriate approvals quickly

Allows users to renew existing contracts based on contracted pricing and existing assets already owned

Ability to easily group items on quotes; apply and manage discounts and pricing by group

Provides abilty for versions to expire, allows users to create new versions, revert to old versions and track changes from version to version

Generate professional proposals with desired branding, product descriptions, pricing, terms, and visuals in desired format (pdf, xls, word)

Enables users to seemlessly convert quotes to orders with appropriate validations, workflow, and integration

Ability to convert accepted quotes into contracts; set up of required assets and contracts

Manage the process of evaluating documents or requests submitted for approval

Easily build and maintain configurator; flexibility to easily embed all desired business logic

Can easily build and maintain pricing logic required by business

Easily build and maintain workflows, misc commercial fields, commercial rules

Ability to easily build, update, customize, and maintain quotes, contracts, and other document outputs

Manage, organize, and store contact information

Track products that are for sale at a reduced price or part of coupon promotions

Create and manage digital catalog of products/services with their details, specifications, and price

Track, store, and access client contracts or licenses

Manage and track the renewal process for various services, subscriptions, contracts, or licenses

Track and manage the profit margin between the cost of a product and its selling price.

Manage and track customer orders for goods, investments, or any other purchases

Supports users working on a mobile devide (phone and/or tablet)

Provides functionality for channel partners to configure, price, quote and buy products in a self service environment

End customer users can configure, price, and buy products in a self service environment online

CRM integration is flexible and easy to maintain

System provides API's that can be used to easily integrate to financial and other 3rd party systems

System support multiple currencies and languages to enable business in multiple countries

Provides ability for very large quotes, number of products, users, rules, required by enterprise level customers

Easily generate desired reports and dashboard on configurations, pricing, and quoting

ERP integration is flexible and easy to maintain

Dashboard to view the status of ongoing processes, identify current incidents and track past activities

Set up connections to third-party platforms to improve business processes

Generate personalized quotes and proposals that corresponds with each customer's tailored preferences and buying behavior

Analyzes data to suggest price adjustments instantly based on competitor pricing, demand, market prices, production costs, and other factors

Enhances guided selling by learning customer preferences and suggesting the most suitable products and services based on their individual needs

Allows flexibility for automatically adjusting prices of products or services based on real-time market conditions, competition, demand, or other factors.

Differentiates pricing by customer type, geography, products, services or sales channel.

Performs complex price calculations and delivers prices directly into front-end sales and commerce systems, such as CPQ tools, CRMs, ERPs, and eCommerce platforms.

Sets prices for new products, updates existing price lists or matrix pricing, and customer-specific pricing including discounts, rebates, and promotions.

Monitors price strategy of competitors to make informed pricing decisions.

Implements role-based controls and streamlines workflows automatically for approving price changes or exceptions.

Provides visualized reports or dashboards to analyze data of current pricing performance, trends, and opportunities.

Manages price lists to synchronize consistency across multi-channels, products, services, regions, and customer segments.

Calculate the price elasticity of demand by analyzing pricing and market data to find the most optimal price points

Has a built-in eCommerce system or integrates with third-party systems to manage online sale of products

Track and manage inventory levels to maintain proper supply

Track and manage the profit margin between the cost of a product and its selling price.

Design, communicate, and distribute incentives to perform a specific action

Capture, organize and track product-specific data and information in a centralized location

Active monitoring of systems, applications, or networks

Interact with data visualization elements, such as charts and graphs, to drill down into data

Predict future data based on historical data sets

Analyze and gain insights into data in real-time

View and track pertinent metrics to find patterns and gain insights from data

Allows ERP integration, and is flexible and easy to maintain.

Provides API's that can be used to easily integrate to other third party systems or software applications.

Allows CRM integration, and is flexible and easy to maintain.

Optimizes prices automatically from adapting to market changes, analyzing historical data, and predicting outcomes of various pricing scenarios for maximizing revenue.

Offers personalized prices and promotions to different customer segments based on their individual preferences, behavior, or purchase history.

Provides intelligent pricing insights and analysis with data-driven recommendations.

Assess and optimize pricing markdowns, special offers, or other promos

Capability to perform complex tasks without constant human input

Works across multiple software systems or databases

Improves performance based on feedback and experience

Engages in human-like conversation for task delegation

Enable businesses to implement machine learning algorithms on business data such as sales and revenue

Set up connections to third-party platforms to improve business processes

Calculate rule-based prices for a product/service

Graphical representation of data

It is a logic or a condition that executes business rules in a runtime production environment

Receive data and information in real time

Generate quotes or estimates for customers

A record of all activities within the system, including user access, changes made, etc.

Assemble applications and processes by dragging over and arranging pre-built components

Define levels of authorization for access to specific files or systems

Automate processes to manage leads, contacts, opportunities and sales activities

Store and organize documents in a centralized system

A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users

Built-in customer relationship management (CRM) capabilities or integration with a third-party CRM system

Pre-designed layouts that can be customized to match preferences and requirements

Customize the specifications of a finished product to meet the particular needs of a customer

Online portal through which end users can access the system, manage tasks, or obtain information

Form predictions based on past and present data/trends

Material list of manufacturing parts and associated costs

Manage and handle various international currencies

Use AI to generate content in the form of text, images, videos, etc.

Add customized logos and colors to align with company branding

Digitally sign online documents

Customizable sample documents that contain placeholder text or a standard layout that can be repeated for each new file

Collection, analysis, and representation of numerical data and generation of reports to understand various patterns

Compare key metrics for the business against prominent players in the industry

Track visitors'/audience's responses across web pages and other optimized content

Evaluate the degree to which business operations bring monetary gains

Receive data and information in real time

Review data from past periods to reveal recurring tendencies and predict future performance

Collection, analysis, and representation of numerical data and generation of reports to understand various patterns

Record customer information, purchase history, and other notes

AI-driven algorithms that allow for automatic repricing in real-time

Use simulation models and scenario planning to predict and compare strategy outcomes for prices and promotions

Reports specific to sales analysis for trends and strategies

A virtual assistant that uses AI to pursue goals and complete tasks on behalf of users

Analyze the current state of sales data to accurately understand trends and forecast future sales numbers.

Form predictions based on past and present data/trends

Collect & analyze data from multiple sources to get insights into competing products, customer behavior, pricing & marketing strategies

Create custom predefined rules for prices for products and services

Manage and handle various international currencies

Present a catalog of inventory that customers can view

Monitor and compare prices for competing products

Import and export data to and from software applications

Estimate of expected sales revenue within a specific time frame, such as quarterly, monthly or yearly based on past trends and reports.

Use AI to generate content in the form of text, images, videos, etc.

At a high level, visualize a preferred outcome, define goals and identify specific steps to achieve them

Search and filter data across systems to locate required information by entering keywords or certain criteria

Analyze and calculate business costs

Develop potential scenarios to identify risks and opportunities

Form predictions for optimal prices based on past and present data (market data, competitor products, special events, weather, etc.)

Create unique pricing based on product, store, geography, or customer segmentation

Manage multiple teams and operations from a central location

Alter the layout and content of reports