Trilogy Pricer is an enterprise software solution designed to optimize pricing strategies through rules-based management. It enables businesses to define and adjust pricing rules based on various criteria, such as geography, distribution channel, and unit-of-measure, allowing for precise control over product pricing. By incorporating seasonal or time-bound modifications aligned to specific geographies, companies can maximize profitability and respond effectively to market dynamics. Additionally, Trilogy Pricer provides insights into how current prices impact profitability on a customer-by-customer and product-by-product basis, facilitating informed decision-making.
Key Features and Functionality:
- Rules-Based Pricing Management: Establish and modify pricing rules based on factors like geography, distribution channel, and unit-of-measure.
- Seasonal Adjustments: Incorporate time-bound pricing modifications tailored to specific geographies to capitalize on market trends.
- Profitability Analysis: Gain insights into the effects of current pricing on profitability at both customer and product levels.
- GenAI CoPilot Feature: Enhance search capabilities with a GenAI personal assistant that interprets natural language queries to deliver precise and timely quotes, streamlining the quoting process and reducing user errors.
Primary Value and Problem Solved:
Trilogy Pricer addresses the challenge of managing complex pricing structures by providing a flexible and intelligent platform for rules-based pricing. It empowers businesses to maximize profitability by fine-tuning prices for each product sold, identifying opportunities for price adjustments, and understanding the impact of pricing decisions on overall profitability. The integration of the GenAI CoPilot feature further simplifies the pricing process, allowing users to generate quotes effortlessly through conversational queries, thereby enhancing efficiency and accuracy in pricing management.