“The process to actually deliver a quote back to a customer, historically, took far too long and so we are really excited by the opportunity to dramatically change the way that our business units think about pricing.”
“The Vendavo Global Support team has been a pleasure to work with over the years. They have provided quality support, through fixes and suggestions, in a timely manner for issues regarding system down, performance, environments and collaborative enhancements. Their relationship has been an invaluable part of keeping a high level of business pricing continuity for 3M.”
"The Vendavo suite allows (us) to systematically monitor compliance to our pricing strategy, merge up-to-date data from different sources for faster and data-based decisions by analysing increasing amounts of data in shorter intervals for systematically identification of [deal] success and lost sales, and to set an optimal price level to optimize profitability."
"Vendavo is a game changer for our whole company around the globe."
"Vendavo really took the time to learn the business and transformed the pricing function as a whole and really enabled us [to] hit the ground running. Day one, we we’re able to accelerate our business case and pay back the investment six months earlier than expected through this change management."
"Vendavo capabilities help GAF meet objectives for "increasing and (being) much easier to do buisness with - more than anyone else in our space."
"We appreciate the partnership and looking forward to more to come."
“That’s another success story of CPQ, the very close alignment with our manufacturer. It is really nice for us to have a seamless relationship as it relates to their products.”
“Customers have been very pleased with the live quote process. It eliminates the opaque black-box feeling and long wait times of the previous quote method and they can instantly see what other options do to their pricing. When trust levels goes up, sales levels go up.”
"Huge improvements in our margin delivery, and when you think of a 60 billion dollar company and you're talking about 100-plus basis points of margin, that's a lot of money to take to the bank."
“Putting our most sensitive pricing and profitability data in the hands of another company was scary and a big hurdle for us to get over. But Vendavo met all our IT and security requirements, plus the solution is updated and upgraded on a more regular basis than we could do ourselves. Going with the Vendavo-hosted solution is the best decision we could have made.”
“Our pricing capabilities and throughput have gone up exponentially with Vendavo. What used to take us 4 to 5 weeks is now taking us only 4 to 5 days. We’re getting more meaningful data, we’re acting more thoughtfully, and it’s paying off with higher margin sales.”
“We have multiple departments that must collaborate on pricing such as finance, marketing and sales, Pricing workflow is built into Vendavo so that as calculations and decisions are made, everyone can see the work, access the latest pricing and get the information out to the field faster. We can get new pricing done in hours now instead of weeks.”
“Changing business models are set to challenge the Aftermarket sector, which won’t be immune to the ‘everything-as-a-service’ paradigm that’s revolutionized every other sector. In addition, the trend towards outcome-based billing and total lifecycle costs may have a direct impact on how manufacturers manage and price their spare-parts inventory.”
“This has been the most productive exercise we have been through with any external consultancy."