Overview
The process of requesting a quote is manual and time consuming - Quote Pricing is built for sales teams who need to quickly respond to quotes with optimized pricing. The application applies AI models to historical quotes, sales, product, customer and list price data to automate the RFQ (Request for Quotation) process to help you offer the best quotation to win the deal.
Built on Peak, it uses AI models to estimate the sale conversion probability for a range of prices and recommended opening price and target price for each quote, as well as estimates the expected selling price of a product and conversion probability so you can maximize profit margin and increase conversion rates. These predictions and recommendations can be seen instantly on Peak or can be integrated with your existing systems.
All our applications are built and run on one platform - Peak. This means they can work together, informing one another and getting smarter over time. Our applications give the speed of adoption of an out-of-the-box solution, built using industry expertise and proven AI models, but are tailored to fit with your business objectives and guardrails. Once deployed, they surface insight, recommendations and predictions - on Peak or your existing systems, so you can make optimal decisions that achieve your objectives.
Get started All orders are custom, contact AWSMarketplace@peak.ai about creating a Private Offer.
Highlights
- Increase win rates by targeting recommendations at sales conversions.
- Maximize revenue and profit margins and reduce excessive discounting with accurate recommendations based on data and price elasticity.
- Gain a competitive advantage as AI can find the extra margin in highly competitive markets where manual quote pricing systems cannot.
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Pricing
Dimension | Description | Cost/12 months |
---|---|---|
Enterprise | Standard enterprise | $250,000.00 |
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