Configure an agent for any pricing problem
Spin up a pricing agent in chat. Tell it what to watch for, what to recommend, and what action to take. Agents monitor costs, flag margin gaps, draft customer communications, and surface optimizations against your live data, then hand off to the workflow below for human approval.
Start a pricing project
Begin your pricing journey with a comprehensive project setup. Define your scope, set objectives, and establish your baseline. PriceSmith guides you through every step to ensure your project starts on the right foundation.
Apply price changes & analyze the impact
Swiftly navigate your pricing architecture, apply actions, and forecast impact across your business. Spend your time on strategy, not stuck in analysis paralysis.
Sanity check with your customer-facing teams
Sales teams review queues of customer price changes and submit price change requests. Managers review with full impact analysis. No more pencil whipping and excessive discounting.
Send personalized notifications to your customers at scale
Personalized price increase communications maintain relationships while articulating value. Proven to increase price acceptance.
Automatically push new prices to your ERP
PriceSmith integrates with NetSuite, SAP, Epicor, and other major ERPs to push new prices automatically. No more late nights and weekends loading manual, error-prone CSVs.
Track if you're winning or losing
Monitor what's working in real-time. Measure actual impact. Learn what drives results for future decisions.
Turn pricing from an administrative cost-center to a value generating profit-center with PriceSmith.
Common challenges, efficient solutions
See how PriceSmith's integrated capabilities work together to solve real pricing challenges. Select a scenario to explore the complete workflow.
Cover a Cost or Tariff Increase
Time-intensive manual price change processes take 3-4 weeks to complete and are prone with errors and lacking impact asssessment.
1. Agent identifies the problem
A cost monitoring agent detects supplier cost changes, flags the affected products, and quantifies the margin gap. It surfaces a recommended response and triggers the workflow below for human review.
2. Import or Sync Costs
Automatically import cost data from ERP systems or load via CSV, validate cost changes across all products
3. Adjust Prices
Apply cost increases to pricing models, calculate required price adjustments, maintain target margins across product lines
4. Review Customer Impacts
Submit price changes for approval workflow, notify stakeholders, coordinate review process across departments
5. Communicate to Customers
Generate customer notifications, emphasize value and quality improvements, schedule multi-touch communication campaigns
6. Track Performance
Monitor price acceptance rates, track margin recovery, identify and address customer pushback quickly
Result Achieved
Covered cost increase and published for review in 10 minutes. Customers notified the next day and paying in 30 days
Connect to your ERP
Works with NetSuite, SAP, Epicor, and more. PriceSmith extends your ERP pricing capabilities with advanced features and bi-directional sync.