Using digital modernization and data transformation to find profits through pricing and rebates is how we started. We love finding profits in unplumbed data stores–finding potential profits where you thought you had reached peak performance.
We know that, for your team, it’s all about the bottom line–but how can you advise your business partners when you don’t have all the information you need? How can you effectively communicate if you can’t model, predict, and prescribe next steps to help your leaders grow profitably?
Using digital modernization and data transformation to find profits through pricing and rebates is how we started. We love finding profits in unplumbed data stores and finding potential profits where you thought you had reached peak performance. We know in finance that you live and die in basis points. You have a great team and you know your business–now let us help you get your hands on the data you need to make actionable decisions for your business’ bottom line.
Energy & Utility
Our client knew their pricing practices were ineffective in capturing a customer’s full willingness to pay. With 100,000+ possible pricing combinations, decision makers were paralyzed by the amount of non-actionable data.
ProfitOptics configured the Price Manager module, a web-based application that identifies pricing opportunities using a highly sophisticated rules-based engine, to minimize risk while maximizing opportunity for the client. Robust reporting and benefit tracking were also provided to ensure accountability and quantify GP$ improvements.
>95% of price increases were accepted by customers and GP% improvement of 1.2%.