LAS VEGAS, Sept. 11, 2024 /PRNewswire/ -- Flintfox, the
intelligent pricing and rebate specialist, today announces the
launch of Flintfox for SAP, a Price Management Application
featuring the fastest real-time pricing engine available to SAP
customers. Fully integrated with SAP ECC, SAP Business One, and
S/4HANA, Flintfox for SAP improves speed, accuracy, and visibility
for businesses managing complex pricing across one or multiple
ERPs.
Recent global research by Flintfox shows that 80% of businesses
suffer profit erosion due to slow price updates. Flintfox addresses
this by replacing SAP's native pricing system with its hyper-speed
engine, capable of calculating 5,000 prices per second, per
processor—the fastest on the market. This allows SAP customers to
make instant pricing updates, protecting margins and reducing
revenue leakage.
Flintfox integrates seamlessly with SAP and external systems,
offering businesses a single source of truth across their entire
ecosystem. The complete price waterfall is posted against each
order within the SAP environment, while real-time pricing
calculations are distributed across all external channels, devices,
and applications.
Managing price complexities and large data sets often
compromises speed and accuracy. For companies selling through
multiple channels or managing extensive price catalogues, SAP's
native system is frequently too slow and inflexible for real-time
updates. Flintfox overcomes this by bypassing SAP's ERP processes,
delivering real-time pricing back into SAP and external channels,
ensuring accurate, up-to-date pricing without the usual delays.
John Moss, Chief Executive of
Flintfox, commented, "With today's economic uncertainty, businesses
need to act now to ensure they're getting pricing right
consistently. With an advanced, real-time pricing engine, Flintfox
for SAP eliminates the outdated, siloed data and revenue leakage
which other systems are vulnerable to. Our unique solution provides
businesses with unprecedented speed and flexibility, enabling them
to execute complex pricing strategies and maximise profit
margins."
Notes
*Research conducted via European Pricing
Platform with 195 pricing professionals in Europe and via The Professional Pricing
Society with 208 pricing professionals in the US throughout
February and March 2024.
About Flintfox International
With almost three decades of experience spanning a wide range of
industries across the globe, Flintfox provides businesses with
complex pricing and rebates a smarter way to manage, streamline and
automate pricing.
By consolidating pricing, rebates, settlements, claims,
deductions and more into one automated, accurate and easy-to-use
solution, Flintfox helps businesses protect margins and maximize
revenue.
With a powerful live pricing engine and intuitive application,
capable of processing huge data sets at blistering speeds to
supercharge any ERP, Flintfox turns pricing complexity into
opportunity.
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