PO&M Archives - PriceEdge Blog

The 10 key benefits of a customizable PO&M

April 9, 2022 in Blog

Price Optimization & Management (PO&M) customization can help you boost your margins and win more business. Adapting your PO&M solution to match your pricing process can save you time, improve your bottom line and systemize what you do best.

When it comes to PO&Ms, the benefits you get out depend on the effort you put in. Fail to define your process and you’ll end up with low-quality data and poorer performance.

A customizable PO&M software supercharges reporting, too, as insights that are specific to your organization give you a higher chance of success by helping you to understand exactly what needs to be improved. Continue reading »

How to Find the Best PO&M Solution for Your Business, No Matter its Size

June 7, 2021 in Blog

If you’re looking to maximize profits, you need the right tools for the job.

However big or small your organization, having the best PO&M software is crucial to boosting pricing performance across your product portfolio —without one, you’ll be wasting time and losing opportunities you could be converting into profits.

But not all PO&Ms are created equal. There’s a vast array of options out there, so when asking yourself, “what is the best PO&M software?” it’s important to know what features you need.

To help you, we’ve developed this guide of key features you should be on the lookout for when trying to find the best PO&M system.

Price Edge Listed as a “Representative Vendor” in the Gartner 2020 Market Guide for B2B Price Optimization and Management Software

February 19, 2021 in News

Price Edge, a fast-growing provider of Price Optimization & Management (PO&M) solutions, announced today that the company has been listed in the “Market Guide for B2B Price Optimization and Management Software”, published by Gartner on October 26, 2020

“Delighted to find Price Edge again listed as a “Representative Vendor” in Gartner’s Market Guide for B2B Price Optimization and Management Software. It’s about time that B2B enterprises started considering adopting pricing solutions on a larger scale. I hope this report helps new customers to better analyze and understand the fast-growing market we are in,” said Rickard Glamsjö, CEO and co-founder of Price Edge.

6 Red Flags to Watch For When You Do a PO&M System Comparison

April 15, 2020 in Blog

Considering the wealth of information available online, it’s easier than ever to make informed purchasing decisions. On the flip side, it’s just as easy to feel like you’re drowning in wave after wave of value propositions and unique selling points when shopping for a PO&M solution.

Knowing the features you need and the prices that suit you is great, while understanding how to choose a PO&M tool that will give you the best possible price advantage is essential. On the other hand, understanding the things to avoid can often be just as helpful, especially if you have too many candidates to choose from.

To help you navigate through the crowded market of price optimization & management tools and software, we cover the six biggest signs that a PO&M software would be more of a problem than a solution.
Continue reading »

The benefits of a PO&M software for your business

January 20, 2020 in Blog

From tweaking your pricing to running large price revisions, every aspect of your pricing process contributes to the overall success of your business. While this means there are plenty of opportunities to improve and grow, it also means that there is a lot to keep track of, which is why you need a Price Optimization & Management (PO&M) system. Here are the benefits of PO&M for your business and your pricing team.

And then there’s everything outside the business.

No organization works in isolation, and staying in tune with the market and industry you operate in is just as important as knowing what’s going on internally.

You have a knack for spotting new opportunities, but if you want to grow your business and build your team, you need visibility across your entire business and every member of your organization needs to be aligned.

There’s an entire industry of software tools designed to help you keep your finger on the pulse of your business, and it goes by the name of Price Optimization & Management (PO&M) software. Continue reading »

Advantages of PO&M software: Three steps to help you find the right one

December 5, 2019 in Blog

Convinced that adopting PO&M software is the next step on your journey to pricing excellence? Then your first task is to figure out which one will work best for you and your pricing team, and then to evaluate the benefits of using a PO&M software.

There are hundreds of tools listed in Capterra’s price optimization software directory alone, not to mention on the market as a whole. The available features range from simple price data management to full-blown price optimizations & process automation.

The three steps outlined below will help point you in the right direction so you can start drawing up a list of PO&M options and their advantages that will lift you and your team up rather than weighing you down.

What is Price Optimization & Management (PO&M)?

November 10, 2019 in Blog

What is Price Optimization & Management and how should you choose the right PO&M solution for your business?

‘Price Optimization & Management’ or ‘PO&M’ for short, refers to the technology and processes that an organization uses to efficiently manage and optimize the price of its products and services, both external and internal, including actions such as:

Price Edge Named as a “Sample Vendor” in Gartner’s Hype Cycle for Multienterprise Solutions, 2019

October 3, 2019 in News

Price Edge, a fast-growing provider of Price Optimization & Management (PO&M) solutions, today announced that it has been identified as a Sample Vendor in the Gartner “Hype Cycle for Multienterprise Solutions, 2019” report. Price Edge was named as a Sample Vendor in the “Price Optimization and Management for B2B” category.

Utilized by some of the world’s leading companies, Price Edge’s technology enables company-wide price transformations leading to increased margins, more efficient pricing operations, and more satisfied customers. Price Edge’s primary offer is a cloud-based PO&M solution that makes it dramatically simpler for enterprises of all sizes to set and manage optimal prices. Continue reading »

Price Edge Listed as a “Representative Vendor” in Gartner’s Market Guide for B2B Price Optimization and Management Software

May 6, 2019 in News

Price Edge, a fast-growing provider of Price Optimization & Management (PO&M) solutions, announced today that the company has been listed in the “Market Guide for B2B Price Optimization and Management Software,” published by Gartner on March 27, 2019.

Utilized by some of the world’s leading companies, Price Edge’s technology enables company-wide price transformations leading to increased margins, more efficient pricing operations, and more satisfied customers. Price Edge’s primary offer is a cloud-based PO&M solution that makes it dramatically simpler for enterprises of all sizes to set and manage optimal prices.