Pricefx Customer Reviews 2024

Pricefx

7.2 /10

What is Pricefx?

The Pricefx Price package provides you with a comprehensive set of price management tools and an AI-powered price optimization solution that enables you to optimize multiple price elements in real-time. Manage your price lists including dynamic ones with automated recalculation based on defined triggers. Create and execute price agreements or discounts and gain full control of all of your price-related campaigns.

Company Details

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Awards & Recognition

Pricefx won the following awards in the Configure, Price, Quote category

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1 Top Rated Capabilities

0 Top Rated Features

Latest Award, 2024

2 Top Rated Capabilities

2 Top Rated Features

2023

Pricefx Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on Pricefx.

76 Likeliness to Recommend

2
Since last award

100 Plan to Renew

75 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

+87 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love Pricefx?

9% Negative

9% Neutral

82% Positive

Pros

Helps Innovate
Continually Improving Product
Performance Enhancing
Inspires Innovation

Feature Ratings

Average 75

Guided Selling

Workflow & Approvals

Catalog Management

Application Integration

Quote Development and Administration

Visual Configuration

Discounting Management

Renewal Management

Rules Engine

Product and Service Configuration

Multi Currency

Vendor Capability Ratings

Average 74

Ease of Data Integration

100

Ease of IT Administration

100

Product Strategy and Rate of Improvement

100

Quality of Features

100

Availability and Quality of Training

Ease of Implementation

Vendor Support

Business Value Created

Usability and Intuitiveness

Breadth of Features

Ease of Customization

Pricefx Reviews

Gursharan S.

Role: Operations
Industry: Technology
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Dec 2022

All in one happy marketing

Likeliness to Recommend

7 /10

What differentiates Pricefx from other similar products?

Its a complete package. It can quote, price, get you in the market and help you with a lot of things you cant imagine. It would do anything to take your software to the next level.

What is your favorite aspect of this product?

The built in AI. It can use my product features and compare with similar products. I can see insights and ranges.

What do you dislike most about this product?

Pricey. Very pricey compared to peers.

What recommendations would you give to someone considering this product?

If you want your product to get in the market with cheers, go for it. The ROI is better and you will come out in profits eventually.

Pros

Efficient Service
Over Delivered
Helps Innovate
Continually Improving Product

Jai R.

Role: Information Technology
Industry: Insurance
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Dec 2022

Comprehensive and Pricey

Likeliness to Recommend

7 /10

What differentiates Pricefx from other similar products?

Its a comprehensive product. I have not seen any other product gone into that details esp with the breadth of features and the work they do. Their AI can improve but the fact that they have incorporated AI and Machine Learning is great

What is your favorite aspect of this product?

Pricing and discount analysis - love the fact that it takes into account recent things like inflation. It also takes into account competitive market analysis.

What do you dislike most about this product?

Product pricing - its a little on the costly side.

What recommendations would you give to someone considering this product?

If you’re looking to scale up your product and have dynamic things rolling in, the ROI is great. Gor for the product.

Pros

Enables Productivity
Efficient Service
Inspires Innovation
Client's Interest First

Babajide P.

Role: C-Level
Industry: Transportation
Involvement: IT Leader or Manager

Validated Review

Verified Reviewer

Submitted Dec 2022

Super easy and good User Interface

Likeliness to Recommend

8 /10

What differentiates Pricefx from other similar products?

Usability, User experience, customer response

What is your favorite aspect of this product?

Customer support

What do you dislike most about this product?

Nothing I can say so far

What recommendations would you give to someone considering this product?

Not sure yetew

Pros

Performance Enhancing
Effective Service
Caring
Client Friendly Policies

Pricefx

What is Pricefx?

Company Details

Need Assistance?

Awards & Recognition

Pricefx Ratings

76 Likeliness to Recommend

2 Since last award

100 Plan to Renew

75 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+87 Net Emotional Footprint

How much do users love Pricefx?

Pros

Feature Ratings Average rating of all product features, some of which may not be shown below

Guided Selling Determines the best products to offer based on sales rep's answers to product requirements, quantities, needs etc.

Workflow & Approvals The ability to include event processing, exception handling, escalation authorization, ad hoc in-flight workflow revisions, logging and approvals.

Catalog Management Includes customizable shipping and payment options, product pricing, advanced catalog search, and navigation.

Application Integration Includes functional and data integration with common applications such as CRM, CSM, ERP, email, etc.

Quote Development and Administration Generate branded proposals with product descriptions, pricing, visuals, content information and terms and conditions in usable format (pdf, word, xls).

Visual Configuration Ability to custom-configure products using interactive 2D or 3D visualizations.

Discounting Management Ability to add and manage discounts to products on a quote as a percentage, volume, dollar, terms etc.

Renewal Management Includes maintaining recurring orders , contracted pricing or renewed orders with clients.

Rules Engine Automatically includes products that must go together, such as shipping fees or warranties.

Product and Service Configuration Allows users to configure products or services themselves through searching and filtering the product catalog to select items to be added to the quote.

Multi Currency Includes multi-currency accounting, multi-currency transactions, and multi-currency reporting.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Pricefx Reviews

Gursharan S.

All in one happy marketing

Likeliness to Recommend

Pros

Jai R.

Comprehensive and Pricey

Likeliness to Recommend

Pros

Babajide P.

Super easy and good User Interface

Likeliness to Recommend

Pros

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2
Since last award

Feature Ratings

Guided Selling

Workflow & Approvals

Catalog Management

Application Integration

Quote Development and Administration

Visual Configuration

Discounting Management

Renewal Management

Rules Engine

Product and Service Configuration

Multi Currency

Vendor Capability Ratings

Ease of Data Integration

Ease of IT Administration

Product Strategy and Rate of Improvement

Quality of Features

Availability and Quality of Training

Ease of Implementation

Vendor Support

Business Value Created

Usability and Intuitiveness

Breadth of Features

Ease of Customization