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What is Velon?

Velon stands out as an innovative platform harnessing the power of artificial intelligence to handle pricing and Configure-Price-Quote (CPQ) functions specifically designed for complex B2B environments, enabling commercial teams to refine their pricing tactics and execute them consistently during the quotation phase. By merging real-time pricing data with automated quoting features, it empowers users to analyze historical information and obtain AI-generated pricing suggestions as they formulate deals. The platform integrates pricing methodologies smoothly into daily operations through its built-in rules, guardrails, and approval workflows, guaranteeing that each quote aligns with corporate pricing policies while offering flexibility and speed for sales teams. Additionally, Velon creates a unified workflow by linking pricing, CPQ, ERP, and CRM systems, which effectively removes fragmented processes and substitutes traditional spreadsheets and standalone tools with a centralized record-keeping system. This seamless integration enables organizations to generate accurate quotes in a matter of minutes, uphold uniform practices across different teams, and significantly reduce the likelihood of margin loss. In essence, Velon not only simplifies the quoting procedure but also boosts the overall operational effectiveness of businesses, making it an invaluable asset for any organization aiming to thrive in a competitive market.

What is Luca?

Luca's cutting-edge pricing engine leverages artificial intelligence to scrutinize sales patterns and market insights, facilitating well-informed choices about pricing and promotional strategies. When crafting a thorough pricing strategy, it is essential to amalgamate both category-specific goals and broader business objectives, adhering to established protocols. Take into account competitor pricing thresholds, target profit margins, rounding conventions, and other pertinent factors, while also evaluating how these constraints affect each SKU. Define a clear guiding principle for your pricing aspirations, striking a balance between maximizing revenue and maintaining profitability. Moreover, utilize an AI-enhanced matching algorithm that can detect both exact and partial correlations among products, enabling businesses to competitively price not just similar items but also viable alternatives. Create a pricing adjustment timeline that corresponds with your operational requirements and evaluate the expected impact of each change at both the SKU level and across the business as a whole. Encourage engagement by allowing your entire team to utilize the Luca dashboard, promoting collaborative decision-making. With a comprehensive metrics dashboard, remove ambiguity by acquiring insights into the anticipated results of each pricing modification, ensuring your strategies are grounded in data and closely aligned with market needs. This all-encompassing approach equips organizations to swiftly and strategically respond to evolving market dynamics, ultimately fostering a culture of adaptability and innovation.

Media

Media

Integrations Supported

Amazon
Amplitude
BigCommerce
Databricks
Fivetran
Google Analytics
Magento
Microsoft Dynamics 365
NetSuite
PostHog
SAP S/4HANA
Salesforce
Salsify
Shopify
Snowflake

Integrations Supported

Amazon
Amplitude
BigCommerce
Databricks
Fivetran
Google Analytics
Magento
Microsoft Dynamics 365
NetSuite
PostHog
SAP S/4HANA
Salesforce
Salsify
Shopify
Snowflake

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Velon

Date Founded

2025

Company Location

United States

Company Website

www.velonpricing.com

Company Facts

Organization Name

Luca

Company Location

United States

Company Website

www.askluca.com

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

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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