Palo Alto, CA (PRWEB) October 10, 2008
Vendavo, the leading provider of business-to-business price management and price optimization solutions, today announced the general availability of Vendavo 7, the latest release of its Vendavo Enterprise Pricing Suite. The new release, Vendavo 7, delivers new and improved functionality, support for complex pricing business processes, increased usability, and pricing platform improvements.
"Our goal is to provide innovative solutions that help organizations quickly overcome pricing challenges and deliver profitable results," said Skip Bacon, senior vice president of product management and and chief technology officer at Vendavo. "Vendavo 7 takes our market-leading price management and price optimization solution to a new level. With this release, our customers will be even better positioned to compete effectively and to realize consistently higher margins."
The Vendavo Enterprise Pricing Suite is the industry's most comprehensive price management and price optimization solution with capabilities across pricing analytics, segmentation, price optimization, price management, and deal execution. The solution provides a unique combination of pricing best practices, pricing science, and enterprise-class software, and has been adopted by more than 55 leading business-to-business companies across diverse industries.
"Vendavo 7 is an important milestone for the company and represents our continued commitment to building enterprise class pricing solutions for our global customers," said Al Crites, chief executive officer of Vendavo. "With Vendavo 7, we have taken a big step in extending our leadership in price management and price optimization solutions. Our goal continues to be to help our business-to-business customers make better pricing decisions, and improve profits."
Vendavo is the leading provider of price management and price optimization solutions for business-to-business companies worldwide. Vendavo Enterprise Pricing Suite solves pricing problems by giving businesses true enterprise-wide control of their entire pricing process. It combines pricing science, pricing best practices, and enterprise-class software to drive small improvements in average prices at every stage of the pricing process, from segmentation to deal close. Together, these improvements deliver big increases in profits - from 10% to 30%. Vendavo is the enterprise pricing solution of choice for some of the world's biggest names in high-tech, industrial manufacturing, chemicals, consumer products, mill products and distribution. SAP resells the Vendavo solution as the SAP Price and Margin Management application by Vendavo.
To learn more, or to request information, visit http://www.vendavo.com
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