| [May 11, 2012] |
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PROS to Showcase Price and Margin Management Solutions at Annual SAPPHIRE® NOW
HOUSTON --(Business Wire)--
PROS® (NYSE: PRO), a world leader in pricing and revenue
management software, today announced plans to spotlight its pricing and
margin management solutions in booth 2926 at the SAPPHIRE®
NOW and Americas' SAP Users' Group (ASUG) annual conference. Scheduled
for May 14-16 at the Orange (News - Alert) County Convention Center in Orlando, Fla.,
PROS representatives will be on hand to discuss the company's price and
margin management solutions that provide PROS customers with rich,
out-of-the-box integration with SAP (News - Alert).
PROS is an SAP software solution partner in the SAP PartnerEdge™ program
and a participant in its SAP EcoHub solution marketplace.
The PROS
Pricing Solution Suite has achieved SAP certification as powered by
the SAP NetWeaver® technology platform. PROS offers companies
a highly configurable solution that requires no custom coding, which
enables business users to rapidly adjust their pricing practices and
price points without the need of programmers.
Customers that look to PROS for its leading price and margin management
solutions come from a broad range of vertical industries in the
manufacturing, distribution and services industries: chemicals;
petroleum; oil and gas; high-tech; IT services; medical devices; service
parts; heavy equipment; paper and packaging; and building products.
"More than half of our B2B customers run SAP, which means SAP ERP and
CRM integration is a high priority for PROS," said PROS Senior Vice
President, Products, Oscar Moreno. "For the past seven years, we've made
significant investments in our SAP partnership, knowing our global
customer base relies on us for the most complete and seamless
integration to support their businesses. We've earned certifications for
NetWeaver 7.3, which underscores our strategy to provide customers with
SAP's most current platform."
"Our customers operate in today's ultra-compettive global economy,
balancing a range of business challenges, including raw materials
volatility and currency fluctuations," said PROS Chief Marketing Officer
Tim Girgenti. "PROS enables customers to increase the return on their
SAP investments, and sales teams to gain actionable customer insights
during negotiations. Armed with this increased business agility,
companies drive improved results and outperform in their markets."
PROS - Delivering Enhanced Insight, Agility to Customers
The PROS customer-first approach to integration provides a practical and
prescriptive path, and it offers a proven solution for price and margin
management in support of SAP applications. The user-friendly interface
allows both corporate users and field sales professionals to adjust
prices to reflect market trends, as well as individual customer-specific
requirements to maximize profitability and margins. Through this
solution, sales decisions are made based on facts - not assumptions -
using recommended floor, target and stretch pricing rather than best
guesses. PROS users gain a complete view of their customers' practices,
which provides prescriptive guidance and far greater insight. PROS
solutions offer the following:
-
Determining individual customer profitability and suggested pricing
-
Setting optimal book or channel prices
-
Deriving prices through proven strategies that an end-user can build
and maintain themselves
-
Scientifically segmenting the customer base, establishing floor,
target and stretch prices for each segment
-
Providing sales support when negotiating new business, such as
modeling the economic attractiveness of a deal and suggesting pricing
for floor, target and stretch prices
-
Performing an impact analysis or scenario modeling of book, channel or
customer-specific pricing actions
To schedule a meeting during the SAPPHIRE NOW conference, please contact
a PROS representative at either 713.335.5277 or toll-free at
855.846.0641.
About PROS
PROS Holdings, Inc. (NYSE:
PRO) is a leading provider of prescriptive pricing and revenue
management software for companies in the manufacturing, distribution,
services and travel industries. PROS gives customers far greater
confidence and agility in their pricing strategies by providing
data-driven insights into transaction profitability, forecasting demand,
recommending optimal prices for each product and deal, and streamlining
pricing processes with enhanced controls and compliance. With more than
$460 billion in revenues under management, PROS has implemented more
than 500 solutions in more than 50 countries. The PROS team comprises
more than 580 professionals, including 100 with advanced degrees and 25
with Ph.D.s. To learn more, visit www.prospricing.com.
Forward-looking Statements
This press release contains forward-looking statements, including
statements about the functionality and benefits of pricing software to
organizations generally as well as the functionality and benefits of
PROS' software products. The forward-looking statements contained in
this press release are based upon PROS' historical experience with
pricing software and its current expectations of the benefits of pricing
software for organizations that implement and utilize such software.
Factors that could cause actual results to differ materially from those
described herein include the addressability of an organization's pricing
and revenue management needs, the risks associated with PROS' developing
and enhancing products with the functionality necessary to deliver the
stated results and the risks associated with the complex implementation
and maintenance of pricing software such as PROS' software products.
Additional information relating to the uncertainty affecting the PROS
business is contained in PROS' filings with the Securities and Exchange
Commission. These forward-looking statements represent PROS'
expectations as of the date of this press release. Subsequent events may
cause these expectations to change, and PROS disclaims any obligations
to update or alter these forward-looking statements in the future,
whether as a result of new information, future events or otherwise.

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