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ease
features
design
support

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Description

Luca's innovative pricing engine harnesses artificial intelligence to analyze sales trends and market data, enabling informed decisions regarding pricing and promotions. To formulate a comprehensive pricing strategy, integrate a mix of both category-specific and overarching business objectives along with established guidelines. Incorporate competitor price limits, desired profit margins, rounding rules, and other relevant parameters while considering how these constraints influence each SKU. Establish a clear north star for your pricing goals, balancing the trade-off between maximizing revenue and ensuring profitability. Additionally, employ an AI-driven matching algorithm that identifies both exact and partial product matches, allowing businesses to competitively price not only directly comparable items but also reasonable alternatives. Set a pricing adjustment schedule that aligns with your operational needs and assess the anticipated effects of each modification at both the SKU and overall business level. Encourage collaboration by inviting your entire team to access the Luca dashboard, fostering joint decision-making. With a detailed metrics dashboard, eliminate uncertainty by gaining insights into the expected outcomes of each pricing adjustment, ensuring that your strategies are data-driven and effectively aligned with market demands. This holistic approach empowers organizations to adapt swiftly and strategically to changing market conditions.

Description

SAP Variant Configuration and Pricing integrates two cloud-native offerings within the SAP Business Technology Platform to manage intricate product modeling and real-time pricing without altering the core of your ERP system. The Variant Configuration component allows users to establish characteristics, dependencies, and constraint rules for products in SAP ERP or S/4HANA, transferring that knowledge to the cloud to provide an interactive configuration experience that is aware of rules, complete with pre- and post-processing extension hooks. Meanwhile, the Pricing component takes in replicated sales pricing information, implements SAP's condition-technical rules alongside external condition sources and custom pricing formulas, calculating prices for both configurable and non-configurable items based on documents or without state, supporting various calculation methods such as percentage, fixed amounts, and quantity-based approaches while retaining the results of runtime pricing. Additionally, both components feature extension interfaces that facilitate variant functions and pricing routines, ensuring a smooth integration process from start to finish, allowing businesses to adapt and scale their pricing strategies effectively. This innovative approach enhances flexibility and responsiveness to market demands, ultimately driving better business outcomes.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

SAP S/4HANA
Amazon
Amplitude
BigCommerce
Databricks Data Intelligence Platform
Fivetran
Google Analytics
Magento
Microsoft Dynamics 365
NetSuite
PostHog
SAP Business Technology Platform
SAP CPQ
SAP Commerce Cloud
SAP ERP
Salesforce
Salsify
Shopify
Snowflake

Integrations

SAP S/4HANA
Amazon
Amplitude
BigCommerce
Databricks Data Intelligence Platform
Fivetran
Google Analytics
Magento
Microsoft Dynamics 365
NetSuite
PostHog
SAP Business Technology Platform
SAP CPQ
SAP Commerce Cloud
SAP ERP
Salesforce
Salsify
Shopify
Snowflake

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

$37,020 per year
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Luca

Country

United States

Website

www.askluca.com

Vendor Details

Company Name

SAP

Founded

1972

Country

Germany

Website

www.sap.com/products/crm/variant-configuration-and-pricing.html

Product Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

Product Features

Pricing Optimization

Channel Analysis
Competing Product Analysis
Forecasting
Market Analysis
Multi-Store Management
Price List Management
Price Optimization Automation
Pricing Analytics
Profitability Analysis
Scenario Planning

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