Pricefx Reviews & Product Details

My primary complaint is that the new Pricefx format is cumbersome in many ways. With the original format that we used for the first several years beginning in 2019, all the pertinent information on a product was visible at a glance. The format now has multiple tabs for within the Items tab separating out the relevant details, which requires Users to apply more "clicks" to view the same details. This makes reviewing each product price a little more time consuming, which does add up when a quote contains many items (some of ours contain hundreds of items). This is also the case on the Header. In order to see the User that created the quote, you need to click on a separate tab. It may sound petty, but I don't understand why Pricefx felt the need to change the format like this. Review collected by and hosted on G2.com.

We see a lot of "one-off" issues that can't be easily explained, even by our internal Pricefx support person. For example, one quote recently pulled an approver into the Workflow that left the company 3 years ago and whose account had been deactivated since then. Sometimes quotes cannot be Submitted, and there is no error message. One User (Approver) has complained that the Field Names change on random quotes that make no sense at all. E.g., instead of Requested Price it might read "Umbrella" or something that clearly makes no sense. We typically need to ignore these one-offs as we can't afford to spend valuable time troubleshooting issues that may not surface again. Review collected by and hosted on G2.com.

I really appreciate the intuitive user experience with Pricefx. It excels in quoting and providing real-time prices during customer negotiation, which is fantastic. The software is incredibly intuitive, offering the right analytical data based on past experiences and invoices, aligning perfectly with customer needs. I find the price list generation efficient, and it integrates seamlessly with systems like SAP, Oracle, and Salesforce. The software is SaaS-based and continuously evolving, especially in terms of Gen AI, and offers a proactive analytical view of invoices and discounts. It's also great for keeping the pricing process upstream, dividing the price waterfall for optimization, and aligning with our commercial processes. I also loved that the initial setup was nice and quick. Overall, it's a mature product that checks all the boxes for us. Review collected by and hosted on G2.com.

I believe the product-based configuration is one area where Pricefx needs to evolve. Especially when building a new-to-the-world solution, it should build up its capabilities and be equally performant. Additionally, we faced challenges with the skill set available in the market. It was a bit challenging to find Pricefx skill sets that can support us, which means we are mostly dependent on one or two specific vendors. Review collected by and hosted on G2.com.

What i like most about Pricefx is that it covers full pricing journey , from price strategy to execution in sap. It helps to detect price leakage , profit opportunities.

It is fully cloud based and has scalable architecture. Review collected by and hosted on G2.com.

Compared to modern frontend frameworks , UI Customisation is limited and some screen feel less flexible .other than this it is tightly coupled with pricing strategy and business rules so without clear requirements , development becomes difficult. Review collected by and hosted on G2.com.

I appreciate the flexibility of Pricefx and the high degree of customization it allows. Our very specific requirements often cannot be represented through standard functionalities, but Pricefx offers good standard functions that we can adapt to our needs. Rarely do we reach the point where something is not feasible. Review collected by and hosted on G2.com.

The performance when calculating with large amounts of data is significantly improvable. Simple filtering in tables with several million entries sometimes takes several minutes. Or manually overwriting a single line in a price list often takes minutes because it triggers some calculations in the background that are not even necessary for the result. Review collected by and hosted on G2.com.

I find Pricefx easy to use and a flexible pricing tool. I use it for price calculation and the dashboard, and it helps me with complex price calculations and rebate quote calculations. I like the live price calculations and the dashboard UI. The live price calculation helps us get real-time prices for products. It was also easy to set up. Review collected by and hosted on G2.com.

need improvement in terms of performance while processing large data sets Review collected by and hosted on G2.com.

I like Pricefx's dashboards and its capabilities to handle large data sets and price lists. It's helpful for our business team to view price lists, generate quotes, and see insights in the dashboards. Review collected by and hosted on G2.com.

Some performance needs to be improved when loading large data sets. Maybe optimized libraries for the user interface might help. Review collected by and hosted on G2.com.

I use Pricefx for pricing administration and analytics. It makes price maintenance faster and helps visualize pricing. I like how it makes collaboration easier, and the approval workflow helps with that. It reduces emails going back and forth and makes it so the approver can view the same thing as the pricing admin. Review collected by and hosted on G2.com.

Sometimes there are too many steps. Also, it's difficult to view LPGs side-by-side. Review collected by and hosted on G2.com.

I like Pricefx for its capability to handle large datasets and the faster processing of price lists, which helps our team build pricing solutions faster. The dashboards are really helpful for the business to understand the insights of the pricing. The initial setup was easy, thanks to the supportive team. Review collected by and hosted on G2.com.

Nothing major, some UI improvements Review collected by and hosted on G2.com.

The system offers many possibilities and is flexibly configurable. This means creating tables, data sources, and datamarts without IT support. It runs very stably even with almost 200 live price grids. The system is used daily by various departments. The individual design of user groups and independent assignment of user rights is very simple and user-friendly. With self-designed datamarts, one is able to independently create charts and dashboards. Complex pricing logics can be implemented relatively quickly with the help of partners. Additionally, having a test environment (QA) where you can try out a lot is helpful. The ability to reach a support team from Pricefx by creating cases is great, and the tickets are processed quickly. Simple applications are easy to implement. Likewise, data management in the platform manager, as well as the import manager, is helpful in processing large amounts of data. Review collected by and hosted on G2.com.

The system is unfortunately not well configurable from the frontend and is rigid in its tabular form. It is somewhat confusing with a limited column supply of 100 columns and simultaneously unclear. In addition to the frontend issue, the Price Analyzer has not developed further since the introduction of the system in 2012, and many improvements are needed (usability, chart color, or chart shapes) etc. Furthermore, it is not user-friendly because you can only upload one image per item, which is a problem with 20,000 items. Here, I would expect that images can be uploaded in bulk without setting up an API endpoint, or that a web link can be uploaded per item via upload. Regarding many accelerators, there is documentation, but unfortunately, it only describes the fields and does not provide a real guide on how to properly apply an accelerator. Example "Export CSV to FTP" etc. There are many more examples and issues that are sometimes demotivating. Review collected by and hosted on G2.com.

I appreciate Pricefx's AI capabilities, which allow for analysis on vast historical data and customer behavior to provide optimized solutions. The ease of setup using Pricefx Studio is also a highlight, especially compared to other tools. Review collected by and hosted on G2.com.

Performance improvements are needed, especially in handling large sets of data. Review collected by and hosted on G2.com.