Home/ CPQ Software/ Pricefx/ Reviews
A platform that scales with your brand
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35.8%
3.3%
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Flexible and Customizable, Extensive Integrations, Ease of Use, Strong Customer Support
Occasional Performance Issues, Complex Configuration, Limited Consultancy, Technical Expertise Required for Implementation
Pricefx garners praise for its ease of use and ability to empower users with quick and precise pricing decisions. However, some reviewers express concerns about its complexity and initial setup challenges. Users appreciate its robust capabilities for managing complex pricing scenarios, including dynamic pricing, contracts, and rebates. They also commend its integration options, enabling seamless data exchange with other systems. Despite the occasional grumbles about the learning curve, customers overwhelmingly applaud Pricefx for its powerful features, flexibility, and ability to drive strategic pricing decisions.
AI-Generated from the text of User Reviews
Flexibility of the modules to meet our unique business needs, team members' intellectual curiosity to explore new ideas and approaches to problems in partnership with our team, responsiveness of the Pricefx team members to issues and challenges.
The significant level of flexibility can lead to too much variation and customization where a standard approach to questions/problems that are fairly common across customers would be a faster and more efficient way to accomplish the objective i.e. why re-create the wheel. Pricefx is addressing this via "Accelerators" -- ask them about these.
Faster identification of profit leaks and pricing opportunities, process improvements and centralization of rebate management, improved price data visibility, and efficient pricing maintenance interface to update our ERPs.
Very flexible system
Intuitive usability
Excellent support
So far I was 100% satisfied with the services by Pricefx
Rule-based pricing, easily accessible system to different users, dynamic pricing
One of the best software to work on pricing and pricing changes in the system.
Pricefx is quite limited to pricing functionalities, pricefx has the potential to grow and expand like Salesforce, Kissflow and Zoho
Overall, pricefx is helping us to solve pricing changes during every price events. On the other hand whenever there is an urgent need of price change required for a particular product or set of products for a customer then we can use pricefx if there is any price change required immedietly .
On-schedule implementation
Very flexible - user can configure the tool
Very simple to use - no IT support required for pricing changes; pricing team can adjust the settings
Highly skilled agile implementation team
Tool delivered measurable boost in price performance
Still a small company - lacks the full resources of a billion-dollar global company
Limited connection to value pricing - based on internal rather than customer data
Get your process in place first - don't automate a broken process
Rules-based price optimization tool - customized to our operations with ability for us to adjust in real time
The Pricefx team and its ecosystem partners have exhibited excellent cooperation. For our organization, the platform's out-of-the-box functionality and customizability options are incredibly beneficial.
Additionally advantageous is integration with other technologies (such as SAP).
The transition from the account team to the project and customer success teams following the sales cycle may be made better.
More functionality pertaining to the food and beverage business could be added to the software.
We expect Pricefx to be an integral part of our IT infrastructure and become the sole pricing engine for our entire business. This will help us to have a single source of truth when it comes to pricing.
PriceFx has a comprehensive solution on Pricing needs , It Algorithm is good and can be easy used to cater to the needs of businesses.
PriceFx should work on collecting the real-time data ( external environment ) to understand the price dynamic as per change in the business scenarios
PriceFx has given lots of room to customize the pricing calculation of the business unit. It also helps to make the business operation very smooth
Price f(x) solution provides pricers with a full and seamless suit of solutions; furthermore, it is fully integrated both across all functionalities and legacy sistems
It is difficult to find shortcomings: it's evident that the development team has been working with a high attention to the details
Business challenges
1) process governance
2) price fairness
3) internal competition
Benefits:
1) Delegation of Authority
2) Margin up-lift
3) Time to market
Very individual, lots of standard modules.
Some parts of the tool need to be programmed if you have specific needs.
Price setting, creating offers, price analyzing
Broad scope of functionalities, flexible but also complex. Exceptional understanding of pricing methodologies and processes and transformatione into software.
Even the pricing model and other features meet individual business needs, they don't have a good mechanism to handle global organizations with multiple business/pricing model needs.
Make sure your sales administration team is fully involved.
It helps me to ensure my product diferenciators among channels
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Flexibility, ERP integration, speed, interface possibilities, Key account manager from PriceFX very active in order to support problem solving issues
Implementation time expected to be faster
All relevant by automated processes, reduction of complexity, time savings