
Pharmaceutical / Medical Devices

Where the market/channel is non-regulated, pharmaceutical/medical devices sales presents opportunities to improve price realisation and revenue.
Benefits of pricing management solution for the industry includes

Increase transaction breath and depth (e.g. Selling more products to the same clinic and cross selling of products)

Improve price realisation and deal profitability (peer group analysis, negotiation decision support)

Reduce revenue leakages through enhanced compliance to contract terms, rebates

Optimise marketing spend

Enhance Promotions Effectiveness/ROI

Higher win rate due to speedy quote generation and approval process

Optimised offer and/or Bid Price

Where products are non-SKU based (e.g. Complex medical equipment), configured product pricing is possible.
Relevant Solutions

Price Management/Deal Management

Pricing & Margin Analytics

Price Optimisation (Win Probability Modeling/Bid Price Optimisation; Price Segmentation)

Promotions Management & Optimisation

Customer Value Pricing