Mountain View, California (EastBayDaily) — Vendavo®, the world’s leading provider of Price Management and Optimization solutions for B2B companies, announced a new offering called Profit Finderâ¢ that promises to identify a 0.5% Return on Sales B2B companies can harvest, guaranteed.
“We’ve seen VPs of Pricing struggle to gain traction quickly on profit improvement initiatives, even though price is the fastest path to greater profitability,” said Neil Lustig, Vendavo’s CEO. “We wanted to make it extremely easy to experience the benefits of profit improvement through pricing.”
With Profit Finder, Vendavo can take a customer’s own pricing and transaction data and provide clear areas to harvest profit improvement in under 30 days. For a company or division with $1 billion in revenue, 0.5% Return on Sales equates to a $5,000,000 profit improvement.
“At the affordable price we are offering Profit Finder, it simply sounds too good to be true, so we added a money-back guarantee to make the choice easy,” said Ken Pulverman, Vendavo’s Vice President of Marketing. “We have piloted this offering 15 times over the last year and never failed to identify at least a 0.5% Return on Sales, which translates to a 5% profit improvement for the average B2B company. We are very confident that we can quickly help other B2B companies become more profitable by optimizing their pricing.”
Vendavo will describe this solution in detail on a webinar today, August 30th at 10 a.m. Pacific Time. For more information you can visit the Profit Finder page on Vendavo.com or register for the next webinar in the Profit Hero webinar series.
About Vendavo Vendavo is the leading provider of Price Management and Optimization solutions for large enterprises worldwide. The company’s solution drives bottom-line results by giving businesses true enterprise-wide control of their entire pricing process. Vendavo’s enterprise-class software solution delivers big increases in profits—from 10-30 percent—by systematically driving incremental improvements in average prices throughout the pricing process. Vendavo is the enterprise pricing solution of choice for more than 200 company divisions at some of the world's biggest names in high-tech, manufacturing, chemicals, consumer products, medical devices, mill products, and distribution. SAP, the worldwide leader in enterprise application software, offers the Vendavo solution as SAP Price and Margin Management by Vendavoâ¢.