A robust pricing strategy is the foundation for a profitable business.
However, it isn’t easy for any business to determine the right price for their products and services as it gets affected by a lot of variables like demand in the market, the willingness of the customers to pay, & the pricing adopted by the competitors.
So, there is a lot of research that goes into formalizing the right price for a product. This research can be time-consuming & biased as it involves understanding past data and predicting future projections.
This is where an AI solution like IMA360 can help automate the process of determining the right price so you can add enough to your margins as well as stay ahead of the competition. It can also help you select the right pricing model for your business such as dynamic or the CPQ model.

Moreover, it can also help you analyze what promotions and discounts are working at the moment & which ones are most likely to be fruitful in the future. You can use this feature to tweak your pricing, promotions, chargebacks, and discounts & add to your margins and profits.
In a nutshell, IMA360 is a rebate management software and pricing optimization software. This is how it works- It evaluates historical sales, demand, supply, promotions, discounts, and rebates data. It then leverages its predictive intelligence to provide a scientific, correct, and unbiased projection of what amount of sales at what price will take you to the desired revenue.
It can interpret millions of rows of data within a few hours & can easily calculate sales commissions, chargebacks, royalties & other complex calculations in no time.

It offers actionable insights into your supplier and customer network so you can decide who deserves the best rebates. It can become the single source of truth for any information, help you track the versions of a document, comply with regulations, and do more.
Our AI solution is a result of years of research & is led by industry veterans. It is easy to use and integrates easily with any ERP. We also offer consultation services & a 3-month free trial of the product. Would you like to learn more? Reach us here