B2B Price Management using Price Waterfall Model and Business Intelligence solution
Journal Title: Annals of Computer Science and Information Systems - Year 2018, Vol 17, Issue
Abstract
The price setting and negotiation process in the B2B field is a complex process that requires a solid methodology and usually also advanced IT tools to make the process as efficient as possible. The Price Waterfall model is a flexible tool that allows for making the final price determination and revenue creation task much more manageable. In this paper, we introduce a software solution which integrates functionalities of a standard Business Intelligence system with a methodology given by the idea of the Price Waterfall model. The tool is designed as a dedicated decision-making support tool, with a complex internal workflow that should be applied within the price and revenue management process, to induce profitability of the whole business through informed decisions.
Authors and Affiliations
Krzysztof Senczyna, Radek Němec
Keywords
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- EP ID EP567965
- DOI 10.15439/2018F209
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