MOUNTAIN VIEW, CA--(Marketwired - May 12, 2016) - Vendavo, a leading provider of margin and profit optimization solutions, announced today at SAPPHIRE® NOW the addition of its price optimization solution to the SAP® Price and Margin Management by Vendavo portfolio, an SAP solution extension. The solution, which determines optimal target prices and delivers them to sales for better deal negotiations, has been integrated to run on the SAP HANA® platform to simplify and transform the customer's path to success in the digital economy. With this, Vendavo's profit analytics and price optimization solutions are fully integrated into SAP HANA. SAP Price and Margin Management is the only solution qualified by SAP for price and margin management.
The optimization solution enables companies to closely align price with the perceived value of their products or services by determining optimized target prices for given customers in specific segments. Optimal prices and data-driven insights are delivered directly to the front lines to support deal negotiations with increasingly knowledgeable customers.
"Over the course of our more than 10 years collaborating, Vendavo and SAP have served leading B2B organizations with innovative price and margin management solutions," said Bruno Slosse, president and chief executive officer at Vendavo, an emerald turnkey sponsor of the event. "By adding our price optimization solution to the SAP suite, we can deliver more value to mutual customers, even with market conditions and competitive environments constantly in flux. In partnership with SAP, we look forward to bringing more innovative products to our joint customers."
Attendees at SAPPHIRE NOW can learn more about the new solutions through:
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A lecture presentation led by SAP on May 18 at 12:45 p.m., covering how companies use the latest edition of the SAP Price and Margin Management by Vendavo application.
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An interactive session by Lennox Industries on May 19 at 4:00 p.m., showcasing how Lennox has developed a path to pricing transformation success with SAP and Vendavo solutions.
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Demo stations hosted by Vendavo at Booth #1373, which will show the different features and functions of the profit and margin optimization solutions.
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A Happy Hour networking event at the Vendavo booth on May 18 from 4:00 p.m. to 6:00 p.m. to discuss new best practices and strategies in pricing and profit optimization.
Connect with Vendavo by visiting Booth #1373 in the exhibitors' area.
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Learn more about Vendavo at SAPPHIRE NOW 2016 here
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