Pricing plays a significant role in the success of any business. With the increasing complexity of pricing strategies, many businesses are turning to automation to streamline their pricing processes. When you automate pricing, it can bring many benefits to your...
The Benefits of Pricing Automation in Manufacturing
In the manufacturing industry, pricing is a critical element of business success. Accurately pricing products can help companies optimize profits and maintain competitiveness. However, pricing can be a time-consuming and complex process, particularly in large...
Tired of Tracking Rebates Using Spreadsheets? Rebate Management Software Can Help!
Are you part of Enable’s surveyed one-third of companies that uses spreadsheets to negotiate, document, and share deals? Are you looking for a more dynamic solution to track rebates, discounts, promotions, or other price adjustments? Then, you’ll find a rebate...
How to Track Multiple Sales Discounts to Different GL Accounts in Accounting
Picture this – the sales managers are offering 15% off electronics and computers on top of bonus discounts if they pay early. Plus, the sales managers receive a commission when they sell a product over $1,000. For accountants, one question comes to mind: how will I...
3 Benefits of Volume Pricing and How to Use it to Your Advantage
As a business owner, you're always looking for ways to increase your profits and stay ahead of the competition. One pricing strategy that can help you achieve both of these goals is volume pricing. Volume pricing is a sales strategy in which the price per unit...
Customer Loyalty Programs: Are They Worth the Investment?
Did you know that on average U.S. consumers belong to 16 loyalty programs but actively use less than half of them? However, it costs five times as much to attract one new customer than it does to keep an existing one. So, are customer loyalty programs worth the...
Can AI Help Improve Dynamic Pricing Management?
The age of the machines is coming. Better hop on board or get left in the dust. Artificial Intelligence (or AI aka a fancy robot/software that does the work for you) is no longer a strange term. It's the future. From apps to prosthetics to robots, technology has...
Different Types of Dynamic Pricing
Have you ever been planning a vacation and find yourself constantly checking flight prices, or you set an alert for a specific flight to drop in price? Maybe there’s an artist you want to see in concert, but you waited too late to buy a ticket and now it’s tripled in...