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PROS Achieves Additional SAP Integration Certifications for Big Data Solutions


Published on 2012-08-22 08:20:05 - Market Wire
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HOUSTON--([ ])--PROS (NYSE: PRO), a world leader in business-to-business pricing and revenue management software, today announced it has again earned certified integration status from SAP. The latest integration for the PROS Pricing Solution Suitea" a" on SAP NetWeaver 7.3, SAPas newest platform a" underscores PROS commitment to meet SAPas rigorous integration requirements. PROS provides customers with seamless and complete integration capabilities for managing pricing, margins and rebates to improve sales effectiveness, and to run PROS solutions faster and with greater efficiency. More than half of PROS B2B Fortune-class enterprise customers run SAP ERP and CRM solutions.

"For the past seven years, weave consistently made investments that provide SAP customers with a shorter time to value and lower cost of ownership, with the goal of setting the standard for seamless integrations. With PROS, our customers turn big data into a competitive selling advantage."

PROS is an SAP software solution partner in the SAP PartnerEdgea" program and a participant in its SAP EcoHub solution [ marketplace ]. PROS offers a highly configurable solution that requires no custom coding, which enables business users to rapidly adjust their pricing strategies without the need for software developers. This newest integration certification includes the aABAP Add-On integration with SAP.a

Customers from a broad range of vertical industries in manufacturing, distribution and services rely on PROS for its leading price and margin management solutions. Among these are chemicals; oil and gas; high-tech; IT services; medical devices; service parts; heavy equipment; paper and packaging; and building products.

aSAP customers look to PROS for a seamless and complete integration experience for their SAP ERP and CRM applications,a said PROS Senior Vice President, Products, Oscar Moreno. aFor the past seven years, weave consistently made investments that provide SAP customers with a shorter time to value and lower cost of ownership, with the goal of setting the standard for seamless integrations. With PROS, our customers turn big data into a competitive selling advantage.a

PROS a" Delivering Enhanced Insight, Agility to Customers

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 PROS 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 sales effectiveness. With PROS solutions, sales decisions can be made based on facts a" not assumptions a" using recommended floor, target and stretch pricing rather than best guesses. PROS users gain a complete view of their customersa practices, which provides prescriptive guidance and far greater insight:

  • Provides on-demand pricing from SAP quote and sales order screens
  • Provides sales support when negotiating deals, including modeling the economic attractiveness of a transaction and suggesting for floor, target and stretch prices
  • Provides sales team with guidance to identify high-yield opportunities from their assigned customers, establishing floor, target and stretch prices for each segment
  • Models rebates for profitability assessments and automates rebate agreements creation in SAP ERP Central Component (ECC)

To learn more about PROS, visit the website at [ http://www.prospricing.com ].

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 600 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 aboutthe 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 and big data software and its current expectations of the benefits of pricing and big data 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 organizationas 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 and big data 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.