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BlackCurve is price management and configure price quote software that helps your company achieve smarter pricing and greater profits.
Gartner Inc. studies have shown Pricing Software can increase profit margins by 50 basis points or more, and increase revenue by 2% to 4%.
According to the Aberdeen Group, Pricing Software can improve customer retention by 5.3% annually.
Furthermore, Aberdeen Group also found companies that employ Configure Price Quote (CPQ) software solutions enjoy 105% larger average deal sizes, 27% shorter sales cycles, 19% higher lead conversation rates, 2.6x fewer sales errors, and 26% more reps achieve their sales targets than those who do not use CPQ software solutions.
Reduce Pricing Errors. Spreadsheets are flexible, but one incorrect formula can put your whole business at risk. BlackCurve has built-in error checking to reduce pricing inaccuracies and ensure your prices are never incorrectly too high or too low.
Communicate pricing updates instantly. Slow pricing processes mean you are constantly behind market fluctuations and competitor moves as it takes awhile to communicate price changes to sales staff and customers. This lost time can result in further margin leakage. BlackCurve puts speed into your pricing process, and you can instantly communicate price changes.
Effortlessly make bulk pricing updates. Free yourself from the constraints of spreadsheets and other error-prone practices that make it nearly impossible for you to make mass pricing changes quickly or allow multiple people to manage your pricing. BlackCurve will cut the time you spend on the grind of managing your price lists and enable you to focus on more strategic initiatives.
Use advanced pricing methods. Cost plus pricing is easy to implement and ensures a reasonable margin. Unfortunately, it costs you money as it does not factor in psychology, plus the real value your product or service provides to your customer. BlackCurve enables you to apply advanced pricing methods to maximise the prices you can achieve.
Handle multiple currencies. Buying and selling in one currency can be difficult enough, but when you factor in multiple currencies, your margins can be impacted by exchange rates. BlackCurve allows you to stay on top of your currency rules and even apply different pricing strategies dependent on the customer or geography.
Have complete traceability of changes. Without the ability to keep track of price changes, it will be impossible to access the success of an update. BlackCurve gives you an audit trail you need to track price changes.
Reduce over-discounting. Give your sales teams the tools to defend prices so that discounting is not the first option in the heat of a negotiation.
Increase your quote turnaround time. Customers don't want to wait weeks to receive proposals or launch new products can cause you to lose deals. BlackCurve streamlines the quote creation and approval process for your company.
Improve product selection. You can win or lose a sale by not selecting the right product. BlackCurve's guided selling allows you to recommend alternative options to customers. If they have budget or product concerns ensuring you don't immediately have to resort to discounting and can protect your margin by selecting another option.
Increase customer satisfaction. A fully branded, well-structured quotation gives your customers a sense that you are a seasoned professional. Ditch the spreadsheets and inconsistent quotes developed in Spreadsheet or Word Processor Tools.
Gartner MarketScope for Price Optimization and Management Software for B2B, 2013. http://pricingempowered.com/wp-content/uploads/2014/01/MarketScope-for-Price-Optimization-and- Management-Software-for-B2B_-2013.pdf.
Aberdeen Group. Price Optimisation: How best-in-class performers add to both the top and bottom lines. http://v1.aberdeen.com/launch/report/research_report/9627-RR-price-optimization.asp.
Aberdeen Group. Maximizing the Sales Technology Ecosystem with Best-in-Class CPQ Deployments. http://v1.aberdeen.com/launch/report/research_report/11552-RR-CPQ-ERP-CRM.asp.