|
How can you improve profit? We see three ways where we can
help. First, by increasing your transaction price. Second,
by decreasing your price errors, and third by increasing your
price visibility. To increase transaction price, we offer
a negotiation framework that helps guide sales people through
the process and gives them the confidence to secure higher
margins. Price errors are eradicated by our flexible price
modeling solution and price visibility is improved by allowing
managers to calculate and view practically any value they
need to for the transaction.
The K3 Sales Center makes it simple for salespeople
to create accurate quotes for your full offering including
products and services virtually eliminating errors. The negotiation
framework provides enough flexibility for the sales person
to do their job and enough control for the manager to achieve
targeted sales goals. The K3 Sales Center works hand-in-hand
with the pricing policies created in the Price Center, ensuring
that prices are always current and accurate. Because quotes
are presented in an easy-to-view interface, sales managers
can review offers quickly, thus speeding up the approval process.
Sales managers can assess profitability for each quote and
ensure that each bid is in line with the company's corporate
objectives.
- Comprehensive price build that shows how prices are derived
from price tables, calculations, and any other pricing factors.
Managers have visibility into hidden concessions like rebates,
freight, margin, cost, and other factors so the pocket price
is fully understood.
- Establish negotiation parameters as guidelines to help
the sales process. Managers can set trade-off levels for
parameters such as length of contract, forecast accuracy,
and delivery timeframe so the customer and sales person
come to consensus with the customer rather than arbitrarily
assigning discounts.
- Product entry forms allow sales people to enter error
free line items in terms they understand. The entry forms
are defined in the Product Center and allow compatibility
rules that validate ranges, present lists of values, ask
yes/no questions, and more.
- Full quoting application including multi-line item quotes
and multi-level quotes. Quote headers allow entry of standard
information such as customer, quote id, quote expiration
date, and can be easily customized to fit your needs.
- Negotiating profitable deals is a key concern for many
sales managers. In doing so, sales teams have employed escalation
layers and pricing levels to ensure that prices are valid.
The K3 solution incorporates the process directly in the
tool.
|