Latest news with #Pricefx
Business Wire
5 days ago
- Business
- Business Wire
Pricefx Launches Negotiation Guidance Solution on Salesforce AppExchange to Transform Revenue Management
MUNICH & CHICAGO--(BUSINESS WIRE)-- Pricefx, the global leader in AI-powered pricing software, today announced the launch of its Negotiation Guidance solution on Salesforce AppExchange, a leading enterprise marketplace for partner apps and experts. With this new solution Pricefx will help manufacturing and distribution customers unlock greater value from various areas of revenue management, available through Salesforce AppExchange. The launch aims to streamline processes across sales agreements, rebates, and account forecasting and more, providing enterprises with the most comprehensive, industry-specific revenue management solution. Designed for sales and powered by AI, Negotiation Guidance equips salespeople with clear, data-backed price guidance and recommendations tailored to an individual customer and product set, reflecting the unique dynamics of every sales situation and account. With integration into Salesforce Revenue Cloud, reps get real-time, intelligent pricing help right where they quote, driving smarter commercial conversations, higher win rates, and more profitable deals. Negotiation Guidance harnesses purpose-built AI to analyze customer-specific data, market trends, and historical performance to recommend pricing that maximizes margins and win rates – without slowing down the deal process. The tool presents simple pricing bands in a user-friendly format, helping teams make fast, flexible decisions with confidence and transparency. 'In hyper-competitive markets, pricing matters more than ever. The Negotiation Guidance solution is a welcome addition to AppExchange, helping customers unlock value fast,' said Meredith Schmidt, Executive Vice President, Revenue Cloud, Salesforce. 'We're excited to team up with Pricefx to drive innovation and results for our joint customers.' Pricefx's new solution comes at a pivotal moment for manufacturers and distributors. Market uncertainty – from tariffs, trade wars, and more – is at an all-time high. These conditions create immense pressure on businesses across the supply chain. 'It's a crucial time for Pricefx to help more enterprises use pricing as a strategic lever. Businesses desperately want help pricing to minimize business fluctuations, protect margins, and maintain competitive edge,' said Ronak Sheth, CEO at Pricefx. 'We can help companies achieve commercial objectives, whether that's maximizing profit, growing volume, or strengthening customer relationships. And with Negotiation Guidance on the AppExchange now, we can instantly give reps, pricing experts, and customers the confidence and trust they require for difficult deal negotiations.' Salesforce AppExchange, a leading enterprise marketplace for partner apps and experts, empowers companies, developers and entrepreneurs to build, market and grow in entirely new ways. Since its launch in 2006, the platform has grown to include more than 8,000 apps and experts, with over 13 million customer installs. AppExchange connects customers of all sizes and across industries to ready-to-install or customizable apps and Salesforce-certified consultants to solve any business challenge. Follow Pricefx LinkedIn: X: Salesforce, AppExchange and others are among the trademarks of Salesforce, inc. About Pricefx Pricefx is the global leader in AI SaaS pricing software, offering an end-to-end platform solution that is fast to implement, flexible to configure, and friendly to learn and use. Since pioneering cloud-native pricing technology more than a decade ago, its leading AI price optimization and management capabilities deliver the industry's fastest time-to-value with activation in 6 months or less and the industry's highest average ROI of 7,000% in the first 12 months from activation. Pricefx's award-winning solution is focused on productized industry use cases proven to solve the most common and complex pricing challenges for large enterprise B2B companies in manufacturing, distribution, process engineering, and select other verticals. It is the leading AI price optimization and management platform that enterprises rely on to dynamically Plan, Price, and Profit. Pricefx's business model is entirely based on fairness, and the satisfaction and loyalty of their customers is recognized by years of leading rankings among customer review forums. For more information, please visit
Yahoo
21-05-2025
- Business
- Yahoo
Pricefx CEO Receives Titan 100 Honors for Exceptional Leadership
Ronak Sheth shares how smart pricing empowers businesses to navigate a volatile economic climate MUNICH & CHICAGO, May 21, 2025--(BUSINESS WIRE)--Pricefx, the global leader in AI-powered pricing software, today announced that its CEO Ronak Sheth has been named a 2025 St. Louis Titan 100 honoree. The Titan 100 program recognizes the most accomplished business leaders in their industries using criteria that include demonstrating exceptional leadership, vision, and passion. Collectively the 2025 St. Louis Titan 100 and their companies employ over 42,000 individuals and generate over $77 billion in annual revenues. "Titan 100 winners are redefining business with vision and purpose, setting new standards for growth, innovation, and impact. These trailblazing leaders inspire transformation across industries, uplift communities, and drive meaningful change. We proudly celebrate their legacy of excellence and unwavering commitment to shaping a brighter future for all," said Jaime Zawmon, President of Titan CEO. During his tenure at Pricefx, Sheth implemented a "smart growth" strategy that propelled the company to achieve consistent 40% year-over-year revenue growth. Strengthening the Pricefx partner ecosystem allowed the company to scale rapidly, expand into new markets, and deliver superior customer outcomes. A streamlined framework was launched that significantly reduced time-to-value for customers and new AI capabilities provided predictive pricing insights and real-time autonomous adjustments. These advancements helped Pricefx customers navigate volatile markets with greater precision. "Winning the Titan 100 award is a reflection of the incredible team at Pricefx and the transformative work we're doing together," said Sheth. "Along with my fellow Titans, we are shaping the future of our industry. Through real-time analytics, predictive modeling, and AI, Pricefx is enabling businesses to anticipate market shifts and seize opportunities. Our technology gives customers the foundation for agility and action – allowing them to respond swiftly to fluctuating demand, supply chain disruptions, and tariff changes. We're not just building software at Pricefx; we're building a future where businesses can thrive in any environment." In the business world, C-level executives must keep a level head, focusing on data-driven strategies, and avoiding hasty, unproductive decisions. This is even more important as the unpredictability of tariffs has become a major challenge for businesses worldwide. Sudden tariff changes can disrupt supply chains and erode margins. "At Pricefx, we are committed to helping companies turn this challenge into an opportunity," said Sheth. "When dealing with inflation, rising costs, unpredictable demand, and sudden tariff changes, businesses need to abandon traditional manual pricing methods which delay price updates and lead to missed revenue opportunities and margin compression. AI-powered price optimization enables businesses to respond rapidly and intelligently to changing market conditions, protecting margins while remaining competitive." Read more about Sheth's journey in this blog: Follow Pricefx LinkedIn: X: About Pricefx Pricefx is the global leader in AI-powered pricing software, offering an end-to-end platform solution that is fast to implement, flexible to configure, and friendly to learn and use. Since pioneering cloud-native pricing technology more than a decade ago, its leading AI price optimization and management capabilities deliver the industry's fastest time-to-value with activation in 6 months or less and the industry's highest average ROI of 7,000% in the first 12 months from activation. Pricefx's award-winning solution is focused on productized industry use cases proven to solve the most common and complex pricing challenges for large enterprise B2B companies in manufacturing, distribution, process engineering, and select other verticals. It is the leading AI price optimization and management platform that enterprises rely on to dynamically Plan, Price, and Profit. Pricefx's business model is entirely based on fairness, and the satisfaction and loyalty of their customers is recognized by years of leading rankings among customer review forums. For more information, please visit View source version on Contacts Media Contact: Cathy SummersSummers PRcathy@ +1 (415) 483-0480 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
21-05-2025
- Business
- Business Wire
Pricefx CEO Receives Titan 100 Honors for Exceptional Leadership
MUNICH & CHICAGO--(BUSINESS WIRE)-- Pricefx, the global leader in AI-powered pricing software, today announced that its CEO Ronak Sheth has been named a 2025 St. Louis Titan 100 honoree. The Titan 100 program recognizes the most accomplished business leaders in their industries using criteria that include demonstrating exceptional leadership, vision, and passion. Collectively the 2025 St. Louis Titan 100 and their companies employ over 42,000 individuals and generate over $77 billion in annual revenues. 'Titan 100 winners are redefining business with vision and purpose, setting new standards for growth, innovation, and impact. These trailblazing leaders inspire transformation across industries, uplift communities, and drive meaningful change. We proudly celebrate their legacy of excellence and unwavering commitment to shaping a brighter future for all,' said Jaime Zawmon, President of Titan CEO. During his tenure at Pricefx, Sheth implemented a 'smart growth' strategy that propelled the company to achieve consistent 40% year-over-year revenue growth. Strengthening the Pricefx partner ecosystem allowed the company to scale rapidly, expand into new markets, and deliver superior customer outcomes. A streamlined framework was launched that significantly reduced time-to-value for customers and new AI capabilities provided predictive pricing insights and real-time autonomous adjustments. These advancements helped Pricefx customers navigate volatile markets with greater precision. 'Winning the Titan 100 award is a reflection of the incredible team at Pricefx and the transformative work we're doing together,' said Sheth. 'Along with my fellow Titans, we are shaping the future of our industry. Through real-time analytics, predictive modeling, and AI, Pricefx is enabling businesses to anticipate market shifts and seize opportunities. Our technology gives customers the foundation for agility and action – allowing them to respond swiftly to fluctuating demand, supply chain disruptions, and tariff changes. We're not just building software at Pricefx; we're building a future where businesses can thrive in any environment.' In the business world, C-level executives must keep a level head, focusing on data-driven strategies, and avoiding hasty, unproductive decisions. This is even more important as the unpredictability of tariffs has become a major challenge for businesses worldwide. Sudden tariff changes can disrupt supply chains and erode margins. 'At Pricefx, we are committed to helping companies turn this challenge into an opportunity,' said Sheth. 'When dealing with inflation, rising costs, unpredictable demand, and sudden tariff changes, businesses need to abandon traditional manual pricing methods which delay price updates and lead to missed revenue opportunities and margin compression. AI-powered price optimization enables businesses to respond rapidly and intelligently to changing market conditions, protecting margins while remaining competitive.' Follow Pricefx About Pricefx Pricefx is the global leader in AI-powered pricing software, offering an end-to-end platform solution that is fast to implement, flexible to configure, and friendly to learn and use. Since pioneering cloud-native pricing technology more than a decade ago, its leading AI price optimization and management capabilities deliver the industry's fastest time-to-value with activation in 6 months or less and the industry's highest average ROI of 7,000% in the first 12 months from activation. Pricefx's award-winning solution is focused on productized industry use cases proven to solve the most common and complex pricing challenges for large enterprise B2B companies in manufacturing, distribution, process engineering, and select other verticals. It is the leading AI price optimization and management platform that enterprises rely on to dynamically Plan, Price, and Profit. Pricefx's business model is entirely based on fairness, and the satisfaction and loyalty of their customers is recognized by years of leading rankings among customer review forums. For more information, please visit
Business Wire
14-05-2025
- Business
- Business Wire
Pricefx Supercharges AI Platform to Help B2B Companies Tackle Margin Pressure
CHICAGO--(BUSINESS WIRE)-- Pricefx, the global leader in AI-powered, cloud-native pricing software, today announced its next-generation pricing AI platform and significant additions to its AI roadmap. Platform enhancements, including expanded agentic AI capabilities, added investment in PricingAI by Pricefx™ data foundation and integrations, and new productized price optimization use cases, reduce deployment time and help businesses make critical pricing decisions faster, with greater clarity and confidence. Pricefx's AI strategy centers on a powerful yet simple vision: create a platform and productized solutions that solve real-world B2B pricing problems quickly, and make AI accessible to pricing experts, business users, and data scientists alike. Share These investments follow Pricefx's recent win of the Gold Globee award for best AI-powered pricing optimization solution and a finalist position for SAP's prestigious Pinnacle award in the AI application category. B2B Pricing Ripe for Transformation In a market defined by increased volatility, from tariff shifts and supply chain disruptions to unpredictable costs, businesses can't afford to create or change prices slowly or blindly. Historically, pricing experts in complex businesses struggled to make rapid, educated decisions. With thousands of products, pricing tiers, discounts, and internal and external data sources to consider, decisions were too manual, too time-intensive, and too business-critical to make without certainty. Today, market-leading companies are moving from legacy, spreadsheet-driven processes and intuition, to dynamic, data-informed strategies powered by AI. With the right AI data foundation and tools, businesses can gain sharp insight into customers' willingness to pay, forecast demand more accurately, and generate price guidance that reflects fair market conditions. Decisions that once took weeks can be made in minutes and sometimes be entirely automated. Further, pricing experts, sales reps, and business leaders gain the visibility, understanding, and confidence to make more consistent, profitable, and market-aligned price decisions at scale. Pricefx AI Vision and Roadmap Pricefx's AI strategy centers on a powerful yet simple vision: create a platform and productized solutions that solve real-world B2B pricing problems quickly, and make AI accessible to pricing experts, business users, and data scientists alike. Today, Pricefx announced multiple advances towards that vision: 1) Platform enhancements to accelerate AI foundations: Pricefx's platform harmonizes a business's internal data, such as transactions, quotes, order history, costs and more, with critical external signals and data sources like tariff, regulatory information, competitive intelligence, firmographics, raw material and commodity costs, and logistics data. With a self-serve tool for easy data integrations, and built-in integrations to SAP and Salesforce, the platform acts as a single source of truth for smarter, real-time pricing decisions powered by AI. 2) Additions to AI-powered business solution suite: Pricefx expanded its library of 'Accelerators' – expert-designed, rapidly deployable solutions for common B2B pricing challenges that can be easily tailored to each organization's needs. The company now offers the most productized AI optimization use cases, with additional solutions on the horizon, including: Negotiation Guidance and Win Rate Optimization (to be released in fall 2025), solutions that help sales teams make confident, data-driven decisions on every deal. Product Recommendations, a solution that guides teams to the optimal product mix for a customer, helping to boost cross-sell and upsell revenue. List Price Optimization, which enables experts to align list prices with profit and market goals. Price Waterfall Optimization, a solution that helps experts consistently structure list prices, discounts, and incentives for maximum margin capture. A growing vault of pre-built, AI-fueled add-ons, from demand forecasting and elasticity estimation to product similarity, clustering, and segmentation, helping data teams accelerate high-impact pricing decisions. 3) Extension of agentic AI capabilities to the industry's first pricing-specific Copilot: Over a decade ago, Pricefx pioneered the use of multi-agent AI in price optimization. Today, the Pricefx Copilot, which launched in January 2025, also leverages agentic AI. This intelligent pricing assistant works alongside users to analyze data and proactively identify optimization opportunities, suggest real-time pricing actions, automate routine pricing tasks, and more. Expand Underpinned by years of investment in a differentiated, end-to-end pricing approach and multi-agent AI innovation, these new AI advances reinforce Pricefx's commitment to delivering the industry's most advanced, AI-native B2B pricing platform, purpose-built to adapt to every business scenario, empower every user, and make every pricing decision defendable. 'What sets our AI strategy and solution apart is the ability to deliver practical, actionable intelligence that directly drives business outcomes,' said Ronak Sheth, CEO at Pricefx. 'Our platform empowers businesses to harness the full potential of AI, enabling them to make smarter, faster pricing decisions with confidence. We are committed to helping our customers realize immediate value from AI-driven pricing, while ensuring they are equipped with a future-proof solution that evolves with market shifts and business challenges.' Pricefx's platform and productized optimization solutions are available immediately for existing customers and new clients. For more information about the platform or to schedule a demonstration, visit About Pricefx Pricefx is the global leader in AI-powered pricing software, offering an end-to-end platform solution that is fast to implement, flexible to configure, and friendly to learn and use. Since pioneering cloud-native pricing technology more than a decade ago, its leading AI price optimization and management capabilities deliver the industry's fastest time-to-value with activation in 6 months or less and the industry's highest average ROI of 7,000% in the first 12 months from activation. Pricefx's award-winning solution is focused on productized industry use cases proven to solve the most common and complex pricing challenges for large enterprise B2B companies in manufacturing, distribution, process engineering, and select other verticals. It is the leading AI price optimization and management platform that enterprises rely on to dynamically Plan, Price, and Profit. Pricefx's business model is entirely based on fairness, and the satisfaction and loyalty of their customers is recognized by years of leading rankings among customer review forums. For more information, please visit
