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What is SAP Variant Configuration and Pricing?

SAP Variant Configuration and Pricing merges two cloud-based solutions within the SAP Business Technology Platform, enabling the management of complex product modeling and real-time pricing while keeping the integrity of your ERP system intact. The Variant Configuration aspect enables users to define characteristics, dependencies, and constraint rules for products in SAP ERP or S/4HANA, seamlessly transferring this knowledge to the cloud to offer an interactive configuration experience that acknowledges rules and includes pre- and post-processing extension hooks. On the other hand, the Pricing component absorbs replicated sales pricing data, applies SAP's condition-technical rules along with external condition sources and custom pricing formulas, and calculates prices for both configurable and non-configurable items, whether based on documents or in a stateless manner, supporting a range of calculation methods such as percentages, fixed amounts, and quantity-based strategies while preserving runtime pricing results. Furthermore, both components possess extension interfaces that streamline the integration of variant functions and pricing routines, facilitating a comprehensive integration process that enhances businesses' capability to adapt and evolve their pricing strategies seamlessly. This innovative framework not only boosts flexibility and responsiveness to shifting market demands but also significantly contributes to improved business performance and competitive advantage. Ultimately, it empowers organizations to better align their offerings with customer expectations and market trends.

What is PGP?

Establishing the perfect pricing for your products is made easier with PGP, the price management tool designed to help you determine the appropriate price for each item, ultimately enhancing sales and increasing overall business profitability. Start by identifying items that are undervalued and could see a sales boost with a price adjustment, while also examining high-cost products to pinpoint those that may deter potential buyers. PGP allows you to project the financial benefits that could arise from fine-tuning your pricing strategies, providing a clear overview of potential outcomes. The setup process for PGP is simple; all you need to do is enter your product information alongside competitor prices, and the software will create an AI model that reflects customer perceptions of value and sensitivity to pricing. This all-encompassing method not only recommends the best price for each product but also forecasts the expected financial results, empowering you to make well-informed decisions that drive business growth. Utilizing PGP enables you to adeptly maneuver through the intricate world of pricing, ensuring that your offerings are strategically optimized for maximum market impact, while also giving you valuable insights into customer behavior and preferences.

Media

Media

Integrations Supported

SAP Business Technology Platform
SAP CPQ
SAP Commerce Cloud
SAP ERP
SAP S/4HANA

Integrations Supported

API Availability

API Availability

Pricing Information

$37,020 per year

Pricing Information

$49 per month
Free Version
Free Trial Offered?

Supported Platforms

SaaS
On-Prem

Supported Platforms

SaaS

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Online Training

Company Facts

Organization Name

SAP

Date Founded

1972

Company Location

Germany

Company Website

www.sap.com/products/crm/variant-configuration-and-pricing.html

Company Facts

Organization Name

PREXUS pricing consulting

Date Founded

2007

Company Location

Colombia

Company Website

by.prexus.co

Categories and Features

Pricing Optimization

Not specified

Categories and Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

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