Leveraging Business Growth with Value-based Pricing

Unlike legacy strategies such as cost-plus, historical-based, and volume-driven pricing, which tend to decrease price premiums and profits over time, value-based pricing optimizes pricing structure for current market conditions. It can also accommodate market changes without loss of profit. Value-based pricing is a strategic tool to be championed by the executive suite and business unit leads. This paper outlines the elements of a successful value-based pricing strategy.

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11 Criteria for Selecting the Best ERP System Replacement

An enterprise resource planning (ERP) system is your information backbone, reaching into all areas of your business and value chain. That’s why replacing it can open unlimited business opportunities. The cornerstone of this effort is finding the right partner. And since your long-term business strategy will shape your selection, it’s critical that your ERP provider be part of your vision. Read More

Is an ERP Cloud Solution on Your Horizon: Five Signs You Are Ready to Make the Move

Globally expanding businesses have new needs and must face the challenges and demands of international markets. This is especially important for midsize companies, which require the ability to rapidly adapt to new markets. As businesses expand to international markets, accounting operations and systems must provide support for complex growth in international transactions. These demands mean changes or even replacements to entry-level based accounting systems, along with constant upgrades as needs... Read More

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How to Build Pricing Muscle in Retail

Organizations usually rely on historical data and transactions to determine their pricing strategy. However, this data is typically insufficient to arrive at a competitive price. Moreover, customers these days are well informed about the value of products they want to purchase. That's why organizations need to arrive at their pricing strategy only after taking into consideration external intelligence and competitive data. E-procurement systems and price comparison websites have put customers in... Read More

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