Efficiently implement price changes in SAP with Precisely Automate Studio

How can your organisation efficiently adjust its pricing strategy when prices are constantly changing? More and more organisations are facing this challenge. In recent years, market changes, including the COVID-19 pandemic and the war in Ukraine, have had a major impact on companies. The corona pandemic caused economic uncertainty and disruptions in the supply chain, forcing companies to adjust their prices more and more often to changing demand and rising costs.

In addition, geopolitical tensions due to the war in Ukraine have led to rising commodity prices and trade barriers, resulting in severe inflation. Never before have companies had to change their pricing so often to remain profitable due to these changing market dynamics.

Efficient and integrated

Price changes often have a broad impact on various business processes, such as sales, purchasing, inventory management, invoicing and financial reporting. To invoice and report the correct prices, it is important to ensure that price changes are implemented correctly.

To tackle these challenges, it is important to have a well-integrated and automated solution. A solution that works seamlessly with SAP and that makes it possible to implement price changes efficiently and accurately for the entire company.

Precisely Automate Studio

Precisely Automate Studio is a low-code/no-code solution that allows businesses to use Excel to make bulk price changes. This makes them less dependent on (external) consultants or the IT department. For example, SAP key users can easily set up a price change script in Automate Studio without IT coding.

In addition, the solution helps improve the quality of your data through rules and checks. Because Automate Studio is closely integrated with SAP, it also makes it possible to validate the data prior to loading it into SAP. All of this makes Precisely Automate Studio the solution for efficiently adjusting your pricing strategies when prices are constantly changing.