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Software Functionality Revealed in Detail
We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.
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 cost plus pricing advantages and disadvantages


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cost plus pricing advantages and disadvantages  being marketed as lower cost of maintenance, especially with respect to network/system administration. As with any new market, there will be a period of diversification before the inevitable consolidation. We expect this consolidation will start in 12-18 months. In the meantime, most or all of the leading vendors (as well as smaller vendors and startups) will try to jump on the bandwagon. User Recommendations Users looking for a lower-cost PC alternative (without having to buy an eMachines et al.

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Software Functionality Revealed in Detail

We’ve opened the hood on every major category of enterprise software. Learn about thousands of features and functions, and how enterprise software really works.

Get free sample report
Compare Software Solutions

Visit the TEC store to compare leading software by functionality, so that you can make accurate and informed software purchasing decisions.

Compare Now

Configure Price Quote (CPQ)

Configure, price, and quote (CPQ) solutions (sometimes known as quote-to-order, or Q2O, systems) help drive sales effectiveness by supporting configuration and pricing activities and the generation of quotes that occure during the sales process. CPQ solutions create accurate and professional sales quotes for complex, custom-engineered or customizable products while streamlining core processes and lowering costs. Common features of CPQ software include product catalog and pricing functionality, product visualization, and support for channel sales.  

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eMachines Considering Internet Appliance


eMachines, Inc., is considering a foray into the "appliance" market. This adds to the number of vendors offering products in this new and growing market segment.

cost plus pricing advantages and disadvantages  that a high software cost effectively negates the advantage of the appliance. Read More

The Advantages of Open Source ERP


Open source software’s development processes, and the new business models its developers adopt, provide a new way of resolving the problems of cost and quality for enterprise software. To make an enterprise resource planning (ERP) system available to companies, cost reduction is the first priority. Find out how open source software makes it possible to reduce development costs—while resulting in a high-quality product.

cost plus pricing advantages and disadvantages  resolving the problems of cost and quality for enterprise software. To make an enterprise resource planning (ERP) system available to companies, cost reduction is the first priority. Find out how open source software makes it possible to reduce development costs—while resulting in a high-quality product. Read More

The Art, Science & Software Behind (Optimal) Retail Pricing - Part 3


Part 1 of this blog post series expanded on some of TEC’s earlier articles about companies’ need for better pricing management and optimization practices. This series, which focuses on the complexity of pricing and promotions in retailing, was inspired by JDA Software’s recent “edu-nouncement” on leading retailers' consumer-centric pricing and promotions strategies and

cost plus pricing advantages and disadvantages  base, and understanding opportunity costs are essential. Markdown optimization software solutions enable retailers to optimize plans and prices for those items they intend to remove from their assortments, such as end-of-season items, discontinued product lines, or overstocked merchandise. Retailers use markdown optimization software to eliminate excess inventory by a specified date after which an item will no longer be sold and to maximize profitability of items sold before that date. Retailers should Read More

Microsoft Office Professional Plus 2007 Product Guide


To address the needs of customers as well as emerging workplace trends, Microsoft focused the design of Microsoft Office Professional Plus 2007 around four key goals. They are: working more efficiently with better results, collaborating with others across boundaries, making better use of information, and streamlining processes and controlling content. These goals correspond to long-term investment areas that Microsoft began with Microsoft Office 2003 and continues to focus on today.

cost plus pricing advantages and disadvantages  Office Professional Plus 2007 Product Guide To address the needs of customers as well as emerging workplace trends, Microsoft focused the design of Microsoft Office Professional Plus 2007 around four key goals. They are: working more efficiently with better results, collaborating with others across boundaries, making better use of information, and streamlining processes and controlling content. These goals correspond to long-term investment areas that Microsoft began with Microsoft Office 2003 and Read More

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.

cost plus pricing advantages and disadvantages  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. Read More

Projected Cost Analysis of SAP HANA


In September 2013, SAP commissioned Forrester Consulting to conduct a cost-based analysis to examine the potential cost savings and reduction in total cost of ownership (TCO) that enterprises may realize by deploying HANA. This report provides a framework for users to evaluate the potential financial impact of HANA on their organizations.

cost plus pricing advantages and disadvantages  Cost Analysis of SAP HANA In September 2013, SAP commissioned Forrester Consulting to conduct a cost-based analysis to examine the potential cost savings and reduction in total cost of ownership (TCO) that enterprises may realize by deploying HANA. This report provides a framework for users to evaluate the potential financial impact of HANA on their organizations. Read More

ERP: Justifying the Cost


Many benefits accrue from deploying an enterprise resource planning (ERP) system. Many of these are tangible or quantifiable in nature; you can calculate the savings immediately. However, other benefits may not be quantified so easily, but they are also important. This whitepaper looks at both tangible and intangible benefits of deploying an ERP solution and attempts to give you good justification for the costs involved.

cost plus pricing advantages and disadvantages  Justifying the Cost Many benefits accrue from deploying an enterprise resource planning (ERP) system. Many of these are tangible or quantifiable in nature; you can calculate the savings immediately. However, other benefits may not be quantified so easily, but they are also important. This whitepaper looks at both tangible and intangible benefits of deploying an ERP solution and attempts to give you good justification for the costs involved. Read More

State of the Art in TCO: Managing the Total Cost of Ownership


Total cost of ownership (TCO) is one of the most difficult metrics to benchmark. Even when using the clearest of metrics, companies often obtain inadequate results. Instead of thinking solely about how to calculate and reduce TCO, companies should think about how to manage TCO from a business perspective, in order to leverage solid, results-oriented decisions about IT solutions.

cost plus pricing advantages and disadvantages  TCO: Managing the Total Cost of Ownership Total cost of ownership (TCO) is one of the most difficult metrics to benchmark. Even when using the clearest of metrics, companies often obtain inadequate results. Instead of thinking solely about how to calculate and reduce TCO, companies should think about how to manage TCO from a business perspective, in order to leverage solid, results-oriented decisions about IT solutions. Read More

The Case for Pricing Management


Savvy and dynamically optimized pricing can mean the difference between survival and failure. In many environments it might be smarter, quicker, and more useful to calculate pricing based on systematic analysis rather than on fuzzy thinking or human emotions.

cost plus pricing advantages and disadvantages  Will the consequent warrantee cost increase to the extent that expenses actually rise instead? Moreover, at many companies, there is little cost-cutting maneuver space within operations, given that most enterprises have been watching their procurement costs closely, and evaluating their trading partners. The option of selling more is not simple either, because no one can control customer needs: one cannot know for sure that they will buy more. Some indications show that volumes would have to rise about Read More

Transaction Based Pricing in BPO


Increased maturity in business process outsourcing (BPO) has led to the emergence of transaction-based pricing and outcome-based pricing models, which can provide broader business value to customers. This white paper focuses on the transaction-based pricing model for BPO services, its suitability in meeting present-day BPO objectives, and its superiority over the traditional full-time-equivalent (FTE)-based pricing model.

cost plus pricing advantages and disadvantages   Read More

Advancing the Art of Pricing with Science


Companies in search of a better, more precise method to determine the best prices for their products and to meet their margins, should harness statistical science to analyze transactions, and associated optimization algorithms to maximize revenues and profits.

cost plus pricing advantages and disadvantages  businesses simply take the cost of a product and add margin on top of that price, while others simply match or better their competitor's offering. Another common practice is the so-called out of thin air (OTA) or sucking (knowledge) out of my thumb method; in other words—guessing. According to the above mentioned PriceX survey, 56 percent of companies polled have some sort of pricing strategy in place, while only 44 percent have a dedicated pricing department or an individual with pricing Read More

User Recommendations for Pricing Management


Price management might improve revenue (by a few percent) and gross margin (even by an umpteen percent), but the truly amazing benefits should only come when price management is integrated with appropriate cost information and demand management.

cost plus pricing advantages and disadvantages  the industry's revenue, its cost and profit drivers, and the product features that take will take these factors into consideration. Asking for industry-specific references goes without saying. If vendors do not exist for a particular vertical, or if an adequate reason is given for not using a vertical vendor, then a horizontal or cross-industry pricing vendor might be appropriate. Also, expertise of the professional services team delivers more vertical distinction than the software itself, but with a Read More

Tightening the Chain-Supply Chain Cost-cutting Strategies


As companies struggle to control costs, the supply chain and management of supply resources have come under scrutiny. The supply chain is one area where a company can achieve quick gains and receive a fast return on investment.

cost plus pricing advantages and disadvantages  and examine methods of cost reduction within the supply chain. Definition of a Third Party Logistics Provider The use of a 3PL has become a cost-effective way for small to medium businesses (SMBs) to compete against larger organizations. A 3PL charges for storage, labor, technology, and integration, or a combination of these services. This type of model enables a company to operate a virtual warehouse cycle without the physical entity (however, a company that uses a 3PL always owns the inventory being Read More

Applications Giants Bolster Their Pricing Management Capabilities


Previously price management was an overlooked area by vendors because they lacked the native capabilities to meet this need. However, through partnerships and acquisitions, they are creating viable products, which are enabling enterprises to see greater return.

cost plus pricing advantages and disadvantages  manage manufacturing and procurement costs. Traditional enterprise applications providers, having lacked the pertinent native capabilities and intellectual property to aid in this domain, are now moving to oblige their customers in various industries. For an extensive discussion of the issue of pricing management see The Case for Pricing Management and The Rise of Price Management . Thus it is a small wonder that, despite the many acquisitions and the impending consolidation of the market, there is still Read More