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

Rateesh K.

Role: Information Technology
Industry: Chemicals
Involvement: IT Development, Integration, and Administration

Validated Review

Verified Reviewer

Submitted Dec 2022

Easy to use, but a bit pricey.

Likeliness to Recommend

6 /10

What differentiates Pricefx from other similar products?

Easy to use, regular improvements and quick response from support.

What is your favorite aspect of this product?

Filters and Job configuration also CRUD operations are greatly handled. Statistical usage is great.

What do you dislike most about this product?

The aspect where the Coding is involved.

What recommendations would you give to someone considering this product?

Need more assessment before going for this product. Need to see if this product fits the business and solves the actual problem the business is facing.

Pros

Helps Innovate
Continually Improving Product
Saves Time
Respectful

Cons

Less Effective Service
Vendor's Interest First
Less Efficient Service

Daouda Selim T.

Role: Student Academic
Industry: Other
Involvement: IT Development, Integration, and Administration

Validated Review

Verified Reviewer

Submitted Dec 2022

Easy to configure

Likeliness to Recommend

9 /10

What differentiates Pricefx from other similar products?

Never used similar products

What is your favorite aspect of this product?

Ease of use and configuration

What do you dislike most about this product?

be better at visual configuration

What recommendations would you give to someone considering this product?

Have someone good at configuration and architecture

Pros

Reliable
Performance Enhancing
Trustworthy
Unique Features

Sawood B.

Role: Sales Marketing
Industry: Engineering
Involvement: Business Leader or Manager

Validated Review

Verified Reviewer

Submitted Dec 2022

A well rounded feature rich product.

Likeliness to Recommend

8 /10

What differentiates Pricefx from other similar products?

Nimble and flexible, all in one solution for pricing, quoting and analytics. Automated workflows help streamline and control price leakage and discounting.

What is your favorite aspect of this product?

Flexibility in helping customise the product to the customer's needs.

What do you dislike most about this product?

UI could be better.

What recommendations would you give to someone considering this product?

If you are planning on integrating Pricefx with an existing ERP, be very thorough in making sure that the integration is properly implemented.

Pros

Client Friendly Policies
Helps Innovate
Continually Improving Product
Reliable

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

Rateesh K.

Easy to use, but a bit pricey.

Likeliness to Recommend

Pros

Cons

Daouda Selim T.

Easy to configure

Likeliness to Recommend

Pros

Sawood B.

A well rounded feature rich product.

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